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

Asia Pacific Chocolate MarketSize and Trends

The Asia Pacific Chocolate Market is projected to reach around US$ 36.66 Billions by the end of 2030, in terms of revenue, growing at CAGR of 7.0% during the forecast period (2023-2030).

Asia Pacific Chocolate Market: Market Trends

Rise in the Gifting Culture

The increasing trend of gifting chocolates during festivals and other occasions is expected to propel the market growth of the chocolates. Moreover, increasing consumption of chocolates for relaxing the mind and inducing happiness during mood swings is again contributing to the market growth of chocolates. All these factors are increasing demand for chocolates and are projected to remain high during the forecast period.

Increase in use of E-commerce platforms

Growing usage of e-commerce platforms by millennial and generation X due to the growing trend of digitalization is expected to spur market growth. E-commerce platforms offer various value-added services, such as cash-on-delivery, paybacks, and discounted prices which is further augmenting the market growth of chocolate over the forecast period.