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Asia Pacific Chocolate Flavors Market By Application (Confectionery, Bakery Products, Frozen Products, Dairy Products, Convenience Products, Others), and By Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) – Size, Share, Trends, Growth, Forecast (2021 – 2027)

Published: January, 2022
ID: 2331
Pages: 145

Asia Pacific Chocolate Flavors Market Growth and Forecast (2022 - 2027):

Asia Pacific Chocolate Flavors Market has been estimated at USD 71.87 million in 2021 and is projected to reach USD 91.37 million by 2026, at a CAGR of 4.92% during the forecast period from 2021 to 2026. The Chocolate Flavors market is showcasing significant potential in the mentioned forecast period. The market continues to build up momentum with the growing awareness about the variety of application of chocolates functional foods and pharmaceuticals as well.

Market Overview:

Chocolate flavors are one of the most important ingredient in various food and beverage production. They are generally known for their high cocoa content and are typically sweet. They have various health related benefits as well like reducing incidences of high blood pressure or cholesterol and also risks of strokes.  These are extensively used in bakery, dairy products etc.

Drivers and Restraints:

The growing market of organic and Fairtrade chocolates has in turn resulted in the growth of chocolate flavors market. Other factors driving the market growth include variety of applications, health benefits related to chocolates, penetration in emerging economies. Apart from them, there factors restraining the growth of the market as well. These include, dependence on West African countries for raw material supply, unstable economies in cocoa producing countries, as well as changing preferences of the consumers. These factors have been holding the market back from reaching its full potential.

Asia Pacific Chocolate Flavors Market Segmentation Analysis:

The Asia Pacific market for Chocolate Flavors is categorized on the basis of application and geography. The market segmentation based on application is done into bakery products, confectionery products, dairy products, frozen products, convenience products and other applications. The market share is led by bakery products due to the extensive consumption of products around the globe.

Geographical Analysis:

Geographically the Asia Pacific Chocolate Flavors Market is segmented into India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia.

Key Players in the Market:

Major Key Players in the APAC Chocolate Flavors Market are

  • Archer Daniels Midland Company
  • Blommer Chocolate Company
  • Cargill, Incorporated
  • Olam International Ltd
  • CEMOI Group
  • Frutarom Industries Ltd
  • Givaudan S.A
  • Barry Callebaut
  • International Flavors & Fragrances Inc
  • Puratos Group

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation

5.1By Application

5.1.1 Introduction

5.1.2 Confectionery

5.1.3 Dairy & Hot Drinks

5.1.4 Bakery Products

5.1.5 Frozen Products

5.1.6 Convenience Products

5.1.7 Other Food Products

5.1.8 Y-o-Y Growth Analysis, By Application

5.1.9 Market Attractiveness Analysis, By Application

5.1.10 Market Share Analysis, By Application

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Application

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Archer Daniels Midland Company                     

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Barry Callebaut                         

                8.3 Blommer Chocolate Company                            

                8.4 Cargill Incorporated                

                8.5 CEMOI Group                            

                8.6 Frutarom Industries Ltd.                       

                8.7 Givaudan S.A                             

                8.8 International Flavors & Fragrances Inc.                           

                8.9 Olam International Ltd.                         

                8.10 Puratos Group                        

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

 

  1. Asia-Pacific Chocolate Flavors Market By Application, From 2022 - 2027 ( USD Million )
  2. Asia-Pacific Confectionery Market By Region, From 2022 - 2027 ( USD Million )
  3. Asia-Pacific Bakery Products Market By Region, From 2022 - 2027 ( USD Million )
  4. Asia-Pacific Frozen Products Market By Region, From 2022 - 2027 ( USD Million )
  5. Asia-Pacific Dairy Products Market By Region, From 2022 - 2027 ( USD Million )
  6. Asia-Pacific Convenience Products Market By Region, From 2022 - 2027 ( USD Million )
  7. Asia-Pacific Others Market By Region, From 2022 - 2027 ( USD Million )
  8. Japan Chocolate Flavors Market By Application, From 2022 - 2027 ( USD Million )
  9. China Chocolate Flavors Market By Application, From 2022 - 2027 ( USD Million )
  10. India Chocolate Flavors Market By Application, From 2022 - 2027 ( USD Million )
  11. Australia Chocolate Flavors Market By Application, From 2022 - 2027 ( USD Million )
  12. South Korea Chocolate Flavors Market By Application, From 2022 - 2027 ( USD Million )

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