ASIA PACIFIC CHOCOLATE MARKET ANALYSIS

Asia Pacific Chocolate Market, By Category (Boxed Chocolates, Countline Chocolates, Straightline Chocolates, Molded Bars, Novelties, Other Chocolates), and By Countries (China, India, New Zealand, Japan, Australia, South Korea, Malaysia, Singapore, Rest of Asia Pacific) – Size, Share, Outlook and Opportunity Analysis, 2023 – 2030

Published In : Jul 2023
Code : CMI4050
Pages :120
Formats :
Excel and PDF
Industry : Consumer Goods

Market Challenges And Opportunities

Asia Pacific Chocolate Market: Restraints

High cost of Raw Materials

The high cost of the raw materials used in the production of chocolate increases the overall price of the chocolates. Harsh weather condition is affecting the production of cocoa. This is expected to hamper the market growth of the chocolates. The poor economic scenario across the Asia Pacific region due to unstable rules and regulations affects the supply of cocoa to manufacturers. This factor negatively affects the market growth of the chocolates.