Global Chocolate Industry Analysis - Asia Pacific Research Report, 2013-2019

Transparency Market Research Reports included a detailed market survey and analysis trends on “Chocolate Market - Asia Pacific Industry Analysis”. This report also includes more info about basic overview of the industry including definitions, applications and global market industry structure.

Chocolates are the processed sweetened food consumed worldwide. It includes various types, such as dark chocolate, milk chocolates among others according the usage of different ingredients in different quantities. In Asia Pacific, the demand for chocolate is projected to increase significantly with the increase in disposable income and increasing population. Major chocolates manufacturing companies such produces different varieties of chocolates according to consumer’s convenience and preferences.

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The demand for chocolate is rising owing to the growth in disposable income and improving economic conditions in emerging markets such as India and China among others in the Asia Pacific. The population of India and China are driving the demand for chocolate as both countries have a maximum share of the population under 30. In Australia, the demand of premium chocolates is more than the any other types of chocolate available in the market as the Australia is fast maturing markets for chocolates. The nutritional benefits of chocolates act as the second major driver to increase the demand for chocolates in Asia Pacific. For instance, dark chocolate, presents several health benefits, such as lowering the blood pressure, in addition it contains caffeine, a mild stimulant to the nervous system.

The chocolate market is segmented as boxed chocolate, chocolate countlines, chocolate straightlines, molded bars and novelties among others. The preference of chocolate for gift purpose is rising, especially during the festive seasons and it is one of the major reasons for double...