Press release
Asia Pacific Dark Chocolate Market 2023-2028 | Size, Share and Trends
Asia Pacific Dark Chocolate Market Report 2023
Report Highlights
How big is the Asia Pacific dark chocolate market?
The Asia Pacific dark chocolate market size reached 375,794 Tons in 2022. Looking forward, IMARC Group expects the market to reach 554,545 Tons by 2028, exhibiting a growth rate (CAGR) of 6.6% during 2023-2028.
What is dark chocolate?
Dark chocolate contains a high number of cocoa solids, cocoa butter, and sugar. It is a rich source of catechins, polyphenols, and flavanols, which support the production of nitric oxide (NO), help relax the blood vessels, improve blood flow, lowers blood pressure, protect the body from free radical damage and delay the signs of aging It is also highly nutritious and enriched with iron, fiber, magnesium, copper, and manganese. In addition, it is used to produce several products, such as candies, baked goods, and beverages. As a result, dark chocolate is widely consumed by individuals across the region.
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What are the growth prospects and trends in the Asia Pacific dark chocolate industry?
The market is primarily driven by the rising demand for premium product variants due to the increasing trend of gifting dark chocolate across the region. In addition, the rising disposable incomes and the evolving lifestyles of individuals are accelerating the product adoption rate. Moreover, the emerging trend of healthy indulgence of low-fat and sugar-free dark chocolates owing to the growing awareness among consumers regarding the benefits offered by dark chocolate, such as reducing the risk of coronary heart diseases and hypertension, represents another major growth-inducing factor. Besides this, the expanding e-commerce sector due to the growing digitization and the increasing sales of dark chocolates through online portals are providing a positive thrust to the market growth. Along with this, the widespread adoption of dark chocolate in desserts, beverages, and confectionary items, is propelling the market growth. Furthermore, the easy availability of gluten-free, organic, and low-calorie dark chocolate products is also creating a favorable market outlook across the Asia Pacific region. Looking forward, IMARC Group expects the market volume to reach 554,545 Tons by 2028, exhibiting a CAGR of 6.6% during the forecast period (2023-2028).
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What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Non-Grocery Retailers
Others
Breakup by Country:
China
Japan
India
South Korea
Australia
Indonesia
Others
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If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Contact US
IMARC Group
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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