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...