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.
Dark chocolate, or black chocolate, contains high amounts of cocoa solids, which offers an enhanced and rich taste. It contains a large amount of flavanols, polyphenols and catechins. These antioxidants protect the body from free radical damage and delay the onset of aging. Dark chocolate can be classified as a potential superfood and is used to manufacture various products such as baked goods, candies, bars and beverages. In the Asia Pacific region, dark chocolate is gaining preference among consumers due to the growing awareness regarding the health benefits associated with it.
The Asia Pacific dark chocolate market is primarily driven by the inflating disposable incomes and the evolving lifestyles of consumers. Apart from this, as dark chocolate has a potential influence on vascular health, such as lowering blood pressure, improving blood flow to the brain and heart, and making blood platelets less sticky and non-agglomerated, there has been a rise in its sales across the region. Besides this, the expansion of the online retailing and e-commerce sector has created a positive outlook for the market. The increasing sales of dark chocolate through online portals have also helped manufacturers to widen their consumer-base and improve their profit margins.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific dark chocolate market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on distribution channel.
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Base Year of the Analysis
Distribution Channels Covered
Supermarkets and Hypermarkets, Convenience Stores, Non-Grocery Retailers, Others
China, Japan, India, South Korea, Australia, Indonesia, Others
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Key Questions Answered in This Report
The Asia Pacific dark chocolate market reached a volume of 375,794 Tons in 2022.
We expect the Asia Pacific dark chocolate market to exhibit a CAGR of 6.6% during 2023-2028.
The rising demand for dark chocolate owing to its numerous health benefits, such as maintaining heart health, reducing calorie intake, lowering blood pressure levels, etc., is primarily driving the Asia Pacific dark chocolate market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of dark chocolate across several Asia Pacific nations.
Based on the distribution channel, the Asia Pacific dark chocolate market can be bifurcated into supermarkets and hypermarkets, convenience stores, non-grocery retailers, and others. Currently, supermarkets and hypermarkets exhibit a clear dominance in the market.
On a regional level, the market has been classified into China, Japan, India South Korea, Australia, Indonesia, and others, where Japan currently dominates the Asia Pacific dark chocolate market.
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