Chocolate Market in Asia Pacific to Thrive due to Huge Consumer Base with Rising Disposable Income
Asia Pacific Chocolate Market - Scenario, Trends, Industry Analysis, Size, Share and Forecast, 2013 – 2019
The demand for chocolate is expected to rise by at least 20% in the Asia Pacific this year as consumer demographics are predominantly ruled by a young population. The chocolate market in Asia Pacific will be spurred by the growing confectionary industry and increasing number of drinks being added to the existing array. The chocolate, devoured and desired by many, originated from the cocoa tree in South and Central America. It was primarily cultivated around the equator and is found in regions such as Africa, Caribbean, Southeast Asia, and also in the South Islands of New Guinea and Samoa. The use of cocoa beans for eating or drinking can be traced back to the Mayans in 500 A.D. These drinks were later developed by the Aztec civilization in Central and South America. The cocoa drink was initially a bitter one, as sugar was unknown to the Aztecs. The drink was flavored with chili pepper, vanilla, and other such essences. The rest of the world owes the pleasure of indulging in scintillating chocolate to Christopher Columbus.
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Ever since the European explorer brought back some of the cocoa tree seeds to Spain, the cocoa extract churned several food items that are an integral part of our diet today. A favorite snack for young and the old, the chocolate market has a treat for everyone.
The Asia Pacific chocolate market is segmented by product type and countries. The product segment includes boxed chocolates, countline chocolates, straightline chocolates, molded bars, novelties, and other chocolates. The countries contributing to the Asia Pacific Chocolate Market are Australia, China, New Zealand, Malaysia,...