The latest report by IMARC Group, titled “Asia Pacific Dark Chocolate Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,” finds that the Asia Pacific dark chocolate market size reached 375,794 Tons in 2022. 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.
Asia Pacific Dark Chocolate Market Trends:
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).
- Based on the distribution channel, the market has been categorized into supermarkets and hypermarkets, convenience stores, non-grocery retailers, and others.
- On the geographical front, the market has been divided into China, Japan, India, South Korea, Australia, Indonesia, and others.
- The competitive landscape of the industry has also been examined in the report, along with the profiles of the key players operating in the industry.
|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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