+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)


Asia Pacific Compound Chocolate Market - By Product Type, Application and Geography-Market Shares, Forecasts And Trends 2017 - 2022

  • ID: 4386906
  • Report
  • Region: Asia, Asia Pacific
  • 97 pages
  • Mordor Intelligence
until Dec 31st 2019
1 of 4
The Asia Pacific Compound chocolate market has estimated to be XX billion US$ in 2014 and expected to reach XX billion US$ by 2020 at a CAGR of XX% during the forecasted period (2017 - 2022). Compound chocolates generally termed as imitation chocolate, compound coating, confectioners chocolate are the substitute for chocolate which is made up of cocoa or cacao, vegetable fat and sweeteners. These are not pure chocolate as Cocoa butter in chocolate is replaced fully or to some extent by cheaper cocoa butter substitutes in the product.

Asia Pacific is the fastest growing market for the compound chocolates even being affected by the rising costs of cocoa. Compared to developed markets of Europe and Latin America there is an impressive growth in the region. The new trends in the applications such as ice creams, cookies, enrobed snacks, candy bars has supported the compound chocolate application market in Asia Pacific.

The increased consumption of cocoa products in the region and the developed taste of chocolate is driving the compound chocolate market. The major drivers includes increased applications of compound coatings and chips in the bakery and confectionery products, increased price of cocoa butter and cocoa powder, limited and tight supply of cocoa products in the market, cheaper price of compound chocolates. The less clear regulatory environment in the Asia Pacific region as compared to developed nations has given a big opportunity for the growth of compound chocolate market. However with some nations like India has a strict regulatory environment for these chocolates are affecting the market growth. The addition of vegetable fat which is undesirable for health which makes it low quality product and the consumer preference to pure chocolate being the restrain for the market growth.

Market segmentation includes the application type, product type, and by geography. In the application type the imitation chocolates are used in industrial applications of bakery and confectionery products, as a direct chocolate for end consumers, and in ice creams. The increased demand of coatings and coverings for the bakery products has raised its popularity among bakery applications. The market is sub segmented on the product type as compound chocolate chips, coverings, slabs and chocolate bars. The chocolate chips are mainly used in ice cream, biscuits and cookies products. Chocolate slabs are commercially manufactures for industrial applications where it is melted and further processed into final product.

The compound chocolate market in the region is covered by domestic manufacturers and some major companies. Double digit growth in chocolate consumption and the less strict laws for chocolates have provided an opportunity for the market. The established market of pure chocolate being a major challenge for this market. China, Thailand, Vietnam , Malaysia are the major market for compound chocolates in Asia Pacific.The major The key players in the market are Cargill Incorporated (U.S), ADM, Puratos (Belgium), Barry Callebaut (Switzerland), Nestle (USA), Lindt , Meji Co., (Japan), and Ferrero Rocher among others. The major competitors prefers investment in new product development with more functional properties and marketing strategy for maintaining their market position.

Key Deliverables:

Market analysis for the Asia Pacific Compound Chocolate Market, with region specific assessments and competition analysis on global and regional scales

Market definition along with the identification of key drivers and restraints

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale

Extensively researched competitive landscape section with profiles of major companies along with their market shares

Identification and analysis of the macro and micro factors that affect the Asia Pacific compound chocolate market on both global and regional scales

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market

Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Note: Product cover images may vary from those shown
2 of 4
1. Introduction
1.1 Key Deliverables of the study
1.2 Study Assumptions
1.3 Market Definitions
2. Research Approach and Methodology
2.1 Introduction
2.2 Research Design
2.3 Study timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering & Econometric Modelling
2.4.4 Expert Validation
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers Availability of cocoa in the region Increased Industrial applications Low price of compound chocolate Availability of cocoa butter substitute in the market
4.2.2 Restraint Regulatory barrier Consumer preferance for pure chocolate Less industrial development in the region Low economy
4.2.3 Opportunity High cocoa production in the region Best suitable for bakery and industrial application
4.2.4 Porter Five Forces Analysis Bargaining Power of Suppliers Bargaining Power of Buyers Threat of New Entrants Threat of Substitute Products and Services Degree of Competition
5.1 By Application
5.1.1 Compound chocolates
5.1.2 Bakery and confectionery
5.1.3 Ice cream
5.2 By Product Type
5.2.1 Chocolate chips
5.2.2 Chocolate slab
5.2.3 Chocolate covering
5.2.4 Chocolate bar
5.3 By Geography
5.3.1 Africa South Africa Others
6. Competitive Landscape
6.1 Mergers & Acquisitions
6.2 Joint Ventures
6.3 New Product Launches
6.4 Most active companies by market strategies
6.5 Market Share Analysis
7. Company Profiles
7.1 Cargill Incorporated U.S
7.2 Puratos
7.3 Barry Callebaut
7.4 Nestle
7.5 Meji Co.,
7.6 Ferrero
7.7 ADM
7.8 Lindt
7.9 yake china co., Ltd
7.10 Aalst Chocolate
7.11 Beryl chocolate and confectionery
7.12 Goteborgs
7.13 Benns
8. Appendix
8.1 Disclaimer
8.2 Sources
Note: Product cover images may vary from those shown
3 of 4


4 of 4