Asia Pacific Cocoa Products Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2024 –2031 |
 Market Size (Base Year) |
USD 4.29 Billion |
 Market Size (Forecast Year) |
USD 7.04 Billion |
 CAGR |
% |
| Major Markets Players |
Asia-Pacific Cocoa Products Market Segmentation, By Type of Cocoa (Forastero Cocoa, Criollo Cocoa and Trinitario Cocoa), Product Type (Cocoa Butter, Cocoa Beans, Cocoa Powder & Cake, Cocoa Liquor & Paste, Cocoa Nibs and Others), Source (Inorganic and Organic), Application (Food & Beverages, Dietary Supplements, Personal Care & Cosmetics and Others), Distribution Channel (Direct and Indirect) - Industry Trends and Forecast to 2031.
Asia-Pacific Cocoa Products Market Size
Asia-Pacific cocoa products market size was valued at USD 4.29 billion in 2023 and is projected to reach USD 7.04 billion by 2031, with a CAGR of 6.4% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
|
Attributes |
Cocoa Products Key Market Insights |
|
Segmentation |
By Type of Cocoa: Forastero Cocoa, Criollo Cocoa and Trinitario Cocoa By Product Type: Cocoa Butter, Cocoa Beans, Cocoa Powder & Cake, Cocoa Liquor & Paste, Cocoa Nibs and Others By Source: Inorganic and Organic By Application: Food & Beverages, Dietary Supplements, Personal Care & Cosmetics and Others By Distribution Channel: Direct and Indirect |
|
Countries Covered |
Japan, China, South Korea, India, Australia and New Zealand, Taiwan, Hong-Kong, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific |
|
Key Market Players |
Olam International, Cargill, Incorporated, Barry Callebaut, NATRA, TOUTON S.A., Kuruvilla & Sons, Nestle, JBCOCOA Sdn. Bhd., Ecuakao Group Ltd, Jindal Cocoa |
Asia-Pacific Cocoa Products Market Dynamics
Increasing demand of chocolate products in the region which increases the application of cocoa in industries is the factors for the market growth. The consumption of the cocoa products can help to control the heart and blood pressure diseases. So, the increase in the awareness of the cocoa products on health will help to boost the cocoa products market. With the increasing in industrial application of cocoa, the demand for the cocoa will increase which will help to drive the cocoa products market. High sugar content in the cocoa products will be the restraining factor for the cocoa products market.
Asia-Pacific region is dominating due to the population of the countries such as China and India is very huge due to which the demand of the chocolate products in bakery is increasing and it is the reason why the usage of cocoa products has increased in the region.
This market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Cocoa Products Market Scope
Asia-Pacific cocoa products market is segmented on the basis of type of cocoa, product type, source, application, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Type of Cocoa
- Forastero Cocoa
- Criollo Cocoa
- Trinitario Cocoa
Product Type
- Cocoa Butter
- Cocoa Beans
- Cocoa Powder
- Cake
- Cocoa Liquor
- Paste
- Cocoa Nibs
- Others
Source
- Organic
- Inorganic
Application
- Food & Beverages
- Dietary Supplements
- Personal Care
- Cosmetics
- Others
Distribution Channel
- Direct
- Indirect
Asia-Pacific Cocoa Products Market Regional Analysis
Asia-Pacific cocoa products market is analyzed and market size information is provided by country, type of cocoa, product type, source, application, and distribution channel as referenced above.
The countries covered in Asia-Pacific cocoa products market report are Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia and New Zealand, Hong Kong, Taiwan and Rest of Asia-Pacific.
In Asia-Pacific, China is dominating the market due to increasing demand for the chocolate biscuits and chocolate bars due to the perfect dark chocolate flavor comes from roasted cocoa beans is the main concern of food industries in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Cocoa Products Market Share
Asia-Pacific cocoa products market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Asia-Pacific cocoa products market.
Cocoa Products Market Leaders Operating in the Market Are:
- Olam International
- Cargill, Incorporated
- Barry Callebaut
- NATRA
- TOUTON S.A.
- Kuruvilla & Sons
- Nestle
- JBCOCOA Sdn
- Ecuakao Group Ltd
- Jindal Cocoa
Latest Developments in Cocoa Products Market
- In May 2020, Barry Callebaut has announced to acquire GKC foods in Australia for the production of the chocolate line. This development helps the company to increase the production capacity and revenue in near future
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
