Candy is the sugar confectionery food that consists of any sweet confection that encompasses in any form like chocolate, chewing gum and sugar candy. It has sugar as primary ingredient with fruits and vegetables are glazed and coated with sugar. Candies can be eaten normally, served in a dessert course at the end of meal or as a snack between meals that depends on each culture. Candies are made in smaller pieces unlike a cake or bread that includes hard candies, soft candies, marshmallows, caramels, taffy, and other candies.
Asia-Pacific Chocolate Flavoured Candy Market was worth USD xx billion in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2026.
In all the flavours, chocolate became one of the most popular flavours in the world and a vast number of confectionary food involving chocolate have been created, particularly sweets including candies, cakes, pudding, mousse, chocolate brownies, and chocolate chip cookies. Chocolate candies are sometimes treat as special branch of confectionary food that includes chocolate candy bars and chocolate truffles. Hot chocolate and other cocoa-based candies are from white chocolate flavour which became most popular food in the western countries. It is not a significant source of nutrition due to the presence of high concentration of sugars.
Factors like demand for the confectionary food, gaining people attention with rich taste, increase in the demand for the dark chocolate flavour, longer shelf-life compared to other food, rise in disposable income, changing life styles, growing urbanization, product innovations in the confectionary food and rise in population are driving the Asia-Pacific Chocolate Flavoured Candy Market. However, factors like low nutrition content and rising prevalence of obesity and diabetes are hampering the growth of the market.
Asia-Pacific Chocolate Flavoured Candy Market is segmented into product type, application and region. Based on the product type, the market is segmented into cane flavoured white chocolate candy and twists chocolate flavoured licorice candy. On the basis of application, the market is segmented into convenience stores, coffeehouses, restaurants, personal use, supermarkets and others. The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Asia-Pacific region is anticipated to have fastest growing rate with high CAGR due to the high demand for food owing to the rise in population, product innovations, growing demographics and the emerging economies like China and India.
Major companies in the Asia-Pacific Chocolate Flavoured Candy Market are Hershey's, Natural Food Works Group, LLC, Natural Food Works Group, LLC, Carmit Candy Industries, August Storck KG, Colombina S.A., Lowell International Polska, Tootsie Roll, Florestal Foods and Tora Foods.
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
5.1 Product
5.1.1 Introduction
5.1.2 Cane Flavoured White Chocolate Candy
5.1.3 Twists Chocolate Flavoured Licorice Candy
5.1.4 Y-o-Y Growth Analysis, By Product
5.1.5 Market Attractiveness Analysis, By Product
5.1.6 Market Share Analysis, By Product
5.2 Application
5.2.1 Introduction
5.2.2 Convenience Stores
5.2.3 Coffeehouses
5.2.4 Restaurants
5.2.5 Personal Use
5.2.6 Supermarkets
5.2.7 Others
5.2.8 Y-o-Y Growth Analysis, By Application
5.2.9 Market Attractiveness Analysis, By Application
5.2.10 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 Product
6.1.3.3 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 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 Hershey's
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 Natural Food Works Group, LLC
8.3 Carmit Candy Industries
8.4 August Storck KG
8.5 Colombina S.A.,
8.6 Lowell International Polska
8.7 Tootsie Roll
8.8 Florestal Foods
8.9 Tora Foods
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
