Asia Pacific Chocolate Market to Develop at 5.2% Cagr from 2013 to 2019

Transparency Market

Research

Asia Pacific Chocolate Market - Scenario, Trends, Industry

Analysis, Size, Share and Forecast 2013 - 2019

Published Date

29-07-2014

118 Page Report

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Press Release

Asia Pacific Chocolate Market to Reach US$18.23 bn by 2019 as Growing

Urban Population Adopts Western Culture

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Asia Pacific Chocolate Market

REPORT DESCRIPTION

The Asia Pacific chocolate market is expected to reach US$18.23 bn by then end of 2019. This market is

progressing at a CAGR of 5.2% within a forecast period of 2013 to 2019, according to a research report

released by Transparency Market Research. The Asia Pacific chocolate market was recorded at US$12.24

bn in 2012. The report, titled “Asia Pacific Chocolate Market - Scenario, Trends, Industry Analysis, Size,

Share and Forecast, 2013 - 2019,” creates an all-inclusive portrait of this market through product types

and country.

The youth have always been the primary target consumers for all kinds of chocolates. The Asia Pacific

comprises a large percentage of children and youth, favoring the growth rate of the Asia Pacific chocolate

market. One advantage that chocolates present is the ease with which a consumer can eat them.

Chocolates can therefore easily become a part of the modern fast-paced lifestyle, where they can provide

food-based satisfaction as well as energy through sugar additives. Chocolates are also being considered as

a replacement food for desserts and other sweets.

As stated in the report, the primary driver of the Asia Pacific chocolate market is the increasing number of

individuals with higher disposable incomes in the region. A greater percentage of the Asia Pacific

population can afford a better quality of consumer goods, including chocolates. This...