Asia Pacific Hot Chocolate Market Size & Outlook, 2019-2027

The hot chocolate market in Asia Pacific is expected to reach a projected revenue of US$ 1,445.9 million by 2027. A compound annual growth rate of 5% is expected of Asia Pacific hot chocolate market from 2020 to 2027.
Revenue, 2019 (US$M)
$978.0
Forecast, 2027 (US$M)
$1,445.9
CAGR, 2020 - 2027
5%
Report Coverage
Asia Pacific

Asia Pacific hot chocolate market highlights

  • The Asia Pacific hot chocolate market generated a revenue of USD 978.0 million in 2019.
  • The market is expected to grow at a CAGR of 5% from 2020 to 2027.
  • In terms of segment, offline was the largest revenue generating distribution channel in 2019.
  • Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2020 to 2027.


Asia Pacific data book summary

Market revenue in 2019USD 978.0 million
Market revenue in 2027USD 1,445.9 million
Growth rate5% (CAGR from 2019 to 2027)
Largest segmentOffline
Fastest growing segmentOnline
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationOffline, Online
Key market players worldwideNestle SA, Mondelez International Inc Class A, The Hershey Company, Mars Group Holdings Corp, Chocoladefabriken Lindt & Spruengli AG, Associated British Foods PLC, Xucker, Cocosutra, Haribo, Valrhona, Twinings


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 30.2% of the global hot chocolate market in 2019.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
  • MEA is the fastest growing regional market and is projected to reach USD 511.6 million by 2027.

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Hot Chocolate Market Scope

Hot Chocolate Market Companies

Name Profile # Employees HQ Website

Asia Pacific hot chocolate market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hot chocolate market will help companies and investors design strategic landscapes.


Offline was the largest segment with a revenue share of 95.02% in 2019. Horizon Databook has segmented the Asia Pacific hot chocolate market based on offline, online covering the revenue growth of each sub-segment from 2016 to 2027.


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  • Our clientele includes a mix of hot chocolate market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific hot chocolate market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific hot chocolate market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Asia Pacific hot chocolate market size, by country, 2016-2027 (US$M)

Asia Pacific Hot Chocolate Market Share, 2019 & 2027 (US$M)

Asia Pacific hot chocolate market size, by country, 2016-2027 (US$M)

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