The Asia Pacific Chocolate Syrup Market should witness market growth of 4.4% CAGR during the forecast period (2022-2028).
The benefits of chocolate syrup mainly come from the cacao present in it. Cacao is obtained from cocoa beans and is a good source of flavanols. Flavanols or anti-oxidants help in lowering blood pressure and inflammation and improve the flow of blood to the brain and heart. These further help in the formation of blood contains. Manufacturers have developed processes that allow these benefits of cacao to be carried into the syrup, making it healthier.
Additionally, flavanols also help in reducing free radicals, lowering bad cholesterol, reducing insulin resistance, increasing microbiome diversity, and improving the brain’s capability to form more connections between neurons. The increasing awareness of the benefits obtained from flavanols has propelled the consumption of chocolate syrup. As a result, many consumers prefer to add chocolate syrups to drinks and desserts.
There are a number of growth opportunities for the chocolate syrup market in the Asia Pacific region. In the past few years, the demand for chocolate confectioneries has grown in many emerging economies owing to increasing consumer expenditure on outdoor eateries and western sweets, mainly chocolate-based products. Additionally, the market is being propelled by awareness of the health benefits of cocoa, including its role in healthy aging and polyphenol content, in industrialized nations like Japan and Australia.
The China market dominated the Asia Pacific Chocolate Syrup Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1, 175.7 million by 2028. The Japan market is estimated to grow a CAGR of 3.8% during (2022-2028). Additionally, The India market would experience a CAGR of 5% during (2022-2028).
Based on Type, the market is segmented into Conventional and Organic. Based on Distribution Channel, the market is segmented into B2C and B2B. Based on B2C Type, the market is segmented into Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores and Online. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nestle S.A., The Hershey Company (Hershey Trust Company), The Kroger Co., The J.M Smucker Company, R. Torre & Co. (Torani), Bosco Products, Inc., Hollander Chocolate, Inc., Walden Farms, LLC (PANOS Brands), Noushig, Inc. (Amoretti), and Gold Pure Food Products Co., Inc.
The benefits of chocolate syrup mainly come from the cacao present in it. Cacao is obtained from cocoa beans and is a good source of flavanols. Flavanols or anti-oxidants help in lowering blood pressure and inflammation and improve the flow of blood to the brain and heart. These further help in the formation of blood contains. Manufacturers have developed processes that allow these benefits of cacao to be carried into the syrup, making it healthier.
Additionally, flavanols also help in reducing free radicals, lowering bad cholesterol, reducing insulin resistance, increasing microbiome diversity, and improving the brain’s capability to form more connections between neurons. The increasing awareness of the benefits obtained from flavanols has propelled the consumption of chocolate syrup. As a result, many consumers prefer to add chocolate syrups to drinks and desserts.
There are a number of growth opportunities for the chocolate syrup market in the Asia Pacific region. In the past few years, the demand for chocolate confectioneries has grown in many emerging economies owing to increasing consumer expenditure on outdoor eateries and western sweets, mainly chocolate-based products. Additionally, the market is being propelled by awareness of the health benefits of cocoa, including its role in healthy aging and polyphenol content, in industrialized nations like Japan and Australia.
The China market dominated the Asia Pacific Chocolate Syrup Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1, 175.7 million by 2028. The Japan market is estimated to grow a CAGR of 3.8% during (2022-2028). Additionally, The India market would experience a CAGR of 5% during (2022-2028).
Based on Type, the market is segmented into Conventional and Organic. Based on Distribution Channel, the market is segmented into B2C and B2B. Based on B2C Type, the market is segmented into Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores and Online. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nestle S.A., The Hershey Company (Hershey Trust Company), The Kroger Co., The J.M Smucker Company, R. Torre & Co. (Torani), Bosco Products, Inc., Hollander Chocolate, Inc., Walden Farms, LLC (PANOS Brands), Noushig, Inc. (Amoretti), and Gold Pure Food Products Co., Inc.
Scope of the Study
By Type
- Conventional
- Organic
By Distribution Channel
- B2C
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Online
- B2B
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Nestle S.A.
- The Hershey Company (Hershey Trust Company)
- The Kroger Co.
- The J.M Smucker Company
- R. Torre & Co. (Torani)
- Bosco Products, Inc.
- Hollander Chocolate, Inc.
- Walden Farms, LLC (PANOS Brands)
- Noushig, Inc. (Amoretti)
- Gold Pure Food Products Co., Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Chocolate Syrup Market, by Type
1.4.2 Asia Pacific Chocolate Syrup Market, by Distribution Channel
1.4.3 Asia Pacific Chocolate Syrup Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Chocolate Syrup Market by Type
3.1 Asia Pacific Conventional Market by Country
3.2 Asia Pacific Organic Market by Country
Chapter 4. Asia Pacific Chocolate Syrup Market by Distribution Channel
4.1 Asia Pacific B2C Market by Country
4.2 Asia Pacific Chocolate Syrup Market by B2C Type
4.2.1 Asia Pacific Hypermarkets/Supermarkets Market by Country
4.2.2 Asia Pacific Convenience Stores Market by Country
4.2.3 Asia Pacific Specialty Stores Market by Country
4.2.4 Asia Pacific Online Market by Country
4.3 Asia Pacific B2B Market by Country
Chapter 5. Asia Pacific Chocolate Syrup Market by Country
5.1 China Chocolate Syrup Market
5.1.1 China Chocolate Syrup Market by Type
5.1.2 China Chocolate Syrup Market by Distribution Channel
5.1.2.1 China Chocolate Syrup Market by B2C Type
5.2 Japan Chocolate Syrup Market
5.2.1 Japan Chocolate Syrup Market by Type
5.2.2 Japan Chocolate Syrup Market by Distribution Channel
5.2.2.1 Japan Chocolate Syrup Market by B2C Type
5.3 India Chocolate Syrup Market
5.3.1 India Chocolate Syrup Market by Type
5.3.2 India Chocolate Syrup Market by Distribution Channel
5.3.2.1 India Chocolate Syrup Market by B2C Type
5.4 South Korea Chocolate Syrup Market
5.4.1 South Korea Chocolate Syrup Market by Type
5.4.2 South Korea Chocolate Syrup Market by Distribution Channel
5.4.2.1 South Korea Chocolate Syrup Market by B2C Type
5.5 Singapore Chocolate Syrup Market
5.5.1 Singapore Chocolate Syrup Market by Type
5.5.2 Singapore Chocolate Syrup Market by Distribution Channel
5.5.2.1 Singapore Chocolate Syrup Market by B2C Type
5.6 Malaysia Chocolate Syrup Market
5.6.1 Malaysia Chocolate Syrup Market by Type
5.6.2 Malaysia Chocolate Syrup Market by Distribution Channel
5.6.2.1 Malaysia Chocolate Syrup Market by B2C Type
5.7 Rest of Asia Pacific Chocolate Syrup Market
5.7.1 Rest of Asia Pacific Chocolate Syrup Market by Type
5.7.2 Rest of Asia Pacific Chocolate Syrup Market by Distribution Channel
5.7.2.1 Rest of Asia Pacific Chocolate Syrup Market by B2C Type
Chapter 6. Company Profiles
6.1 Nestle S.A.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 Recent strategies and developments:
6.1.5.1 Partnerships, Collaborations, and Agreements:
6.1.5.2 Product Launches and Product Expansions:
6.2 The Hershey Company (Hershey Trust Company)
6.2.1 Company overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Recent strategies and developments:
6.2.4.1 Acquisition and Mergers:
6.3 The Kroger Co.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.4 The J.M Smucker Company
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expenses
6.5 R. Torre & Co. (Torani)
6.5.1 Company Overview
6.5.2 Recent strategies and developments:
6.5.2.1 Product Launches and Product Expansions:
6.6 Bosco Products, Inc.
6.6.1 Company Overview
6.7 Hollander Chocolate, Inc.
6.7.1 Company Overview
6.8 Walden Farms, LLC (PANOS Brands)
6.8.1 Company Overview
6.9 Noushig, Inc. (Amoretti)
6.9.1 Company Overview
6.10. Gold Pure Food Products Co., Inc.
6.10.1 Company Overview
Companies Mentioned
- Nestle S.A.
- The Hershey Company (Hershey Trust Company)
- The Kroger Co.
- The J.M Smucker Company
- R. Torre & Co. (Torani)
- Bosco Products, Inc.
- Hollander Chocolate, Inc.
- Walden Farms, LLC (PANOS Brands)
- Noushig, Inc. (Amoretti)
- Gold Pure Food Products Co., Inc.
Methodology
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