Asia Pacific Chocolate Based Spreads 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. Chocolate spread is a sweet chocolate-flavoured paste which is eaten mostly spread on toasts and breads or similar grain products such as waffles, muffins, pancakes, and pitas.
Although chocolate spreads taste, smell, and look like chocolate, they do not solidify, even at room temperature. The paste typically contains cocoa and palm or vegetable oil, and is also likely to contain sugar, milk and additional flavours. At times, it also includes nuts such as ground hazelnuts or honey. Chocolate spread is normally sold in plastic tubs or glass jars.
The key driving factors of Asia Pacific Chocolate Based Spreads market are shifting consumer taste preferences and growing spending on chocolate and other confectionary products. Growing urbanization, widespread availability of chocolate and growing awareness about the various health benefits which can be obtained from the consumption of chocolate and derived products will remain another key factor fuelling the market for chocolate based spreads Asia Pacificly. The chief constraint of the market is uncertain economy of the cocoa supply which is likely to raise chocolate prices.
The Asia Pacific Chocolate Based Spreads market is segmented based on type into milk chocolate, dark chocolate, and white chocolate. Milk chocolate is expected to have the largest share in the segment. By frequency of sale, the market is categorised into premium chocolate, daily chocolate, and seasonal chocolate. Daily chocolate leads the market in this segment. By distribution channel, the market is divided into supermarkets and hypermarkets, grocery stores, speciality stores and online retail.
The Asia Pacific Chocolate Based Spreads market is divided based on geography into India, China, Japan, Australia and other parts of the region. Asia Pacific has the third largest market in the world for chocolate based spreads. It is also the fastest growing region for chocolate based spreads, owing to factors such as rising economies in developing parts of the region such as China and India. Factors such as rising disposable incomes and changing consumer preferences are expected to propel the market growth in the region.
Some of the major players in the market are J.M. Smucker, Kraft Foods, Unilever Group, ConAgra Foods Inc., Ferrero Group, Hershey Co., B & G Foods Inc., Nestle, Wellness Foods and Premier Foods among others.
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 Type
5.1.1 Milk Chocolate
5.1.2 Dark Chocolate
5.1.3 White Chocolate
5.1.4 Y-o-Y Growth Analysis, By Type
5.1.5 Market Attractiveness Analysis, By Type
5.1.6 Market Share Analysis, By Type
5.2 Frequency of Sale
5.2.1 Premium Chocolate
5.2.2 Daily Chocolate
5.2.3 Seasonal Chocolate
5.2.4 Y-o-Y Growth Analysis, By Frequency of Sale
5.2.5 Market Attractiveness Analysis, By Frequency of Sale
5.2.6 Market Share Analysis, By Frequency of Sale
5.3 Distribution Channel
5.3.1 Supermarkets and Hypermarkets
5.3.2 Grocery Stores
5.3.3 Speciality Stores
5.3.4 Online Retail
5.3.5 Y-o-Y Growth Analysis, By Distribution Channel
5.3.6 Market Attractiveness Analysis, By Distribution Channel
5.3.7 Market Share Analysis, By Distribution Channel
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 Type
6.1.3.2 By Frequency of Sale
6.1.3.3 By Distribution Channel
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Type
6.1.4.2 By Frequency of Sale
6.1.4.3 By Distribution Channel
6.1.5 Market Share Analysis
6.1.5.1 By Type
6.1.5.2 By Frequency of Sale
6.1.5.3 By Distribution Channel
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 J.M. Smucker
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 Kraft Foods
8.3 Unilever Group
8.4 ConAgra Foods Inc.
8.5 Ferrero Group
8.6 Hershey Co.
8.7 B & G Foods Inc.
8.8 Nestle
8.9 Wellness Foods
8.10 Premier 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
