- The region is witnessing strong growth in cocoa products consumption, driven by changing dietary habits, increasing demand for premium chocolate, and rising urbanization
- In addition, the growth of the health and wellness trend has encouraged the consumption of dark chocolate and low-sugar cocoa products, further stimulating market demand across the region
- China cocoa products market accounted for the largest revenue share in Asia-Pacific in 2024, supported by strong demand for chocolate-based snacks, bakery items, and beverages
- Japan is expected to witness the highest compound annual growth rate (CAGR) in the Asia-Pacific cocoa products market due to increasing health consciousness, a strong preference for high-quality, low-sugar cocoa items, and growing applications of cocoa in functional foods, beauty supplements, and personal care products
- Forastero cocoa segment dominated the market with the largest revenue share in 2024, primarily due to its widespread cultivation, high yield, and cost-effectiveness. This type of cocoa is commonly used in mass-market chocolate products and processed goods, making it a preferred choice among commercial manufacturers
