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Latest trends in Chinese real and compound chocolate industry published by leading research firm

Latest trends in Chinese real and compound chocolate industry published by leading research firm

The Chinese real and compound chocolate market has witnessed continued demand during the last few years and is projected to reach 340243.54 tons at a CAGR of 5.90% by 2022 in terms of volume.

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Executive Summary:

Chinese real and compound chocolate market has witnessed substantial innovation in inclusion of various healthy ingredients including exotic fruits and vegetables.

Most of the chocolate produced in China is not consumed as such, rather used as an ingredient in preparation of cakes, ice-cream coatings, biscuits and other confectionery goods. Hence, compound chocolate dominates the Chinese market in terms of volume in 2015.

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Chinese consumers are health conscious so they keep a watch on sugar and calorie intake, hence dark chocolate will dominate the market.

Among the various main ingredients of real chocolate, cocoa beans will dominate the Chinese Real market by type and is projected to reach 64,127.70 tons at a CAGR of 6.60% by 2022 in terms of volume. Cocoa paste will be fasted growing market at CAGR 6.73% and is estimated to reach 34,450.38 tons.

Non-cocoa powder chocolate dominates among the various main ingredients of compound chocolate and is projected to reach at 59,993.79  tons will grow at a CAGR of 5.30% by 2022 in terms of volume in Chinese compound chocolate. 

Milk real chocolate will dominate the market, volume will reach 68,524.61tons will grow at CAGR 6.29%  , but dark realchocolate will be highest growing market at CAGR 6.54% market volume will reach 57,623.08 tons. Milk compound chocolate will dominate the market growing at CAGR 5.28% market volume will reach 64,754.60 Tons.

But dark compound will highest growing market at CAGR 5.79%Cartoon form in real chocolate will be highest growing segment during 2016-2022, while piece form will dominate in the compound chocolate market in China. Food and beverages and bakery products will continue drive higher demand for real and compound chocolate market in China.

Southeast Chinese region has the maximum number of chocolate manufacturers in China, hence will dominate the market followed by East Chinese region. Innovations and product development are the major areas where key players are focusing in China.

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Key Players

 Mars Inc. (U.S.), Mondelez International, Inc. (U.S.), Hershey Co. (U.S.), Nestle SA (Switzerland), Puratos Group (Belgium), Ferrero (Italy),  Barry Callebaut (Switzerland), Jieshou Zhaolong Foods Co, and Yake (China) Co

Study Objectives of Chinese Real and Compound Chocolate Market Forecast to 2022

  • Detailed analysis for individual micro and macro markets for Chinese real and compound chocolate 
  • To estimate market size by main ingredient, by type, by form, by application, by packaging, by category and region
  • To understand the supply and demand dynamics of Chinese real and compound chocolate
  • To provide region level market analysis and future outlook for Chinese region
  • Company profiling of major players & competitive positioning for the real and compound chocolate in Chinese market
  • Value chain analysis and supply chain analysis of Chinese real and compound chocolate
  • Analysis of historical market trends, and technologies, and current government regulatory requirements related to real and compound chocolate Chinese market

Target Audience

  • Chocolate manufacturers
  • Food and beverages manufacturers
  • Bakeries
  • Nutraceuticals
  • Personal Care
  • Retailers & wholesalers
  • E-commerce companies
  • Traders, importers and exporters

Key Findings

  • Real dark chocolate is expected to witness a highest growth rate 6.31%
  • Compound dark chocolate is expected to witness a highest growth rate 5.90%
  • Rise in demand for sweeteners from the range of food & beverage sector will grow at CAGR 6.59%
  • In China Southeast region dominates the market.

Regional Analysis of Real and Compound Chocolate Market Development and Demand Forecast to 2022 Market

As per the MRFR analysis, the Chinese real and compound chocolate market is poised to reach 340,243.54 Tons in 2022, to grow at a CAGR of around 5.90% during the forecasted period.

The reports also cover Chinese regional level analysis:

  • China

o Southeast

o East

o Central

o South

o Northeast, and

o Southwest

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Some Major Points from Table of Content:           

Table of Contents

1 Executive Summary

2 Introduction

2.1 Definition

2.1.1 Real Chocolate

2.1.2 Compound Chocolate

2.2 Scope of the Study

2.2.1 Research Methodology

2.3 Assumptions

2.4 Limitations

2.5 Market Structure 14

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Forecast Model

4 Premium Insights

4.1 Chinese Real & Compound Chocolate Market: Market Mapping & Research Methodology

4.2 Market Overview: Chinese Real & Compound Chocolate Market

4.3 Chinese Real Chocolate Market: Analysis

4.4 Chinese Compound Chocolate Market: Analysis

4.5 Industry Trends and Market Environment: Chinese Real & Compound Chocolate Market

5 Market Dynamics

5.1 Introduction

5.2 Drivers - Real Chocolate

5.2.1 Premium chocolate bars, and innovative chocolate products that use combinations of premium or healthy ingredients.

5.2.2 Growing urban population

5.2.3 China’s gift giving culture

5.3 Restraints - Real Chocolate

5.3.1 Health oriented Chinese culture

5.3.2 High cost of production

5.4 Opportunity - Real Chocolate

5.4.1 Advertising will spur the sales of real chocolate in China

5.4.2 Innovations and new product developments out of growing health concerns

5.5 Challenges- Real Chocolate

5.5.1 Rising cocoa bean prices

5.5.2 Gap between consumption and production of cocoa bean

5.6 Drivers - Compound Chocolate

5.6.1 Low price of raw material/key ingredients

5.6.2 Efficiency in production with lesser time and cost

5.7 Restraints - Compound Chocolate

5.7.1 Regulations

5.7.2 Functional defaults

5.7.3 Rising health issues due to use of vegetable oils

5.8 Opportunities - Compound Chocolate

5.8.1 Omega-3 fatty acids enriched chocolate spreads using soybean and coconut oils

5.8.2 Diverse applications varying from choco-chip cookies to the chocolate coated ice cream bars

5.9 Challenges - Compound Chocolates

5.9.1 Shelf life issues

5.10 Mega Trends

List of Tables and Figures

TABLE 1 DIFFERENCE BETWEEN REAL AND COMPOUND CHOCOLATE

TABLE 2 CHINA IMPORT- BY VALUE UNIT: US DOLLAR THOUSAND

TABLE 3 CHINA EXPORT- VALUE UNIT: US DOLLAR THOUSAND

TABLE 4 CHINA EXPORT- BY VOLUME (TONS)

TABLE 5 CHINA IMPORT- BY VOLUME (TONS)

TABLE 6 GLOBAL IMPORT CHOCOLATE BY VALUE- USD THOUSAND

TABLE 7 GLOBAL EXPORT CHOCOLATE BY VALUE- USD THOUSAND

TABLE 8 GLOBAL IMPORT CHOCOLATE - BY VOLUME TONS

TABLE 9 GLOBAL EXPORT OF CHOCOLATE - BY VOLUME TONS

TABLE 10 THE CRITICAL ACTORS AND THEIR ROLES AND FUNCTIONS IN THE COCOA INNOVATION SYSTEM

TABLE 11 PATENTS

TABLE 12 PESTLE ANALYSIS-CHINA

TABLE 13 CHINESE REAL CHOCOLATE- BY MAIN INGREDIENT, (2009–2015) VOLUME (TONS)

TABLE 14 CHINESE REAL CHOCOLATE- BY MAIN INGREDIENT, (2016–2022) VOLUME (TONS)

TABLE 15 CHINESE COMPOUND CHOCOLATE- BY MAIN INGREDIENT (2009–2015), VOLUME (TONS)

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 PRIMARY RESEARCH PROCESS

FIGURE 3 SECONDARY RESEARCH PROCESS: TOP DOWN & BOTTOM UP APPROACH

FIGURE 4 FORECAST MODEL

FIGURE 5 MARKET SEGMENTATION: CHINESE REAL CHOCOLATE MARKET

FIGURE 6 MARKET SEGMENTATION: CHINESE COMPOUND CHOCOLATE MARKET

FIGURE 7 OVERVIEW OF CHINESE REAL CHOCOLATE MARKET ANALYSIS

FIGURE 8 OVERVIEW OF CHINESE COMPOUND CHOCOLATE MARKET ANALYSIS

FIGURE 9 CHINA CHOCOLATE MARKET: MAIN HIGHLIGHTS

FIGURE 10 REAL & COMPOUND CHOCOLATE MARKET: MRFR ANALYSIS

FIGURE 11 CHINA REAL AND COMPOUND CHOCOLATE MARKET, BY REGIONAL SHARE, 2015

FIGURE 12 MAJOR COCOA PRODUCTION REGIONS, 2014

FIGURE 13 COCOA BEAN PROCESSING COUNTRIES, IN VOLUME (%), 2011-2012

FIGURE 14 COCOA BEAN PROCESSING COUNTRIES, IN VALUE (%), 2011-2012

FIGURE 15 PRODUCT LIFECYCLE, REAL AND COMPOUND CHOCOLATE MARKET

……CONTINUED

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