How big is the Asia Pacific Chocolate Market?

The Asia Pacific Chocolate Market size is expected to reach USD 18.30 billion in 2024 and grow at a CAGR of 4.97% to reach USD 24.48 billion by 2030. Read More

What is the current Asia Pacific Chocolate Market size?

In 2024, the Asia Pacific Chocolate Market size is expected to reach USD 18.30 billion. Read More

Who are the key players in Asia Pacific Chocolate Market?

Chocoladefabriken Lindt & Sprüngli AG, Ferrero International SA, Mars Incorporated, Mondelēz International Inc. and Nestlé SA are the major companies operating in the Asia Pacific Chocolate Market. Read More

Which segment has the biggest share in the Asia Pacific Chocolate Market?

In the Asia Pacific Chocolate Market, the Convenience Store segment accounts for the largest share by distribution channel. Read More

Which country has the biggest share in the Asia Pacific Chocolate Market?

In 2024, Japan accounts for the largest share by country in the Asia Pacific Chocolate Market. Read More

What years does this Asia Pacific Chocolate Market cover, and what was the market size in 2023?

In 2023, the Asia Pacific Chocolate Market size was estimated at 18.30 billion. The report covers the Asia Pacific Chocolate Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia Pacific Chocolate Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Read More

Asia Pacific Chocolate Market Size & Share Analysis - Industry Research Report

Asia Pacific Chocolate Market Size

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Icons	Lable	Value
	Study Period	2018 - 2030
	Market Size (2024)	USD 18.30 Billion
	Market Size (2030)	USD 24.48 Billion
	Largest Share by Distribution Channel	Convenience Store
	CAGR (2024 - 2030)	4.97 %
	Largest Share by Country	Japan
	Market Concentration	Low
Major Players

*Disclaimer: Major Players sorted in alphabetical order.

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Asia Pacific Chocolate Market Analysis

The Asia Pacific Chocolate Market size is estimated at 18.30 billion USD in 2024, and is expected to reach 24.48 billion USD by 2030, growing at a CAGR of 4.97% during the forecast period (2024-2030).

18.30 Billion

Market Size in 2024 (USD)

24.48 Billion

Market Size in 2030 (USD)

3.05 %

CAGR (2018-2023)

4.97 %

CAGR (2024-2030)

Largest Segment by Confectionery Variant

63.92 %

value share, Milk and White Chocolate, 2023

The innovative flavor offerings possible in White chocolate, followed by the preference for varied taste profiles in the region, are anticipated to drive segmental growth.

Largest Segment by Distribution Channel

37.57 %

value share, Convenience Store, 2023

Rapid development in the sector with respect to the growing number of convenience stores across the region with an increased product base is making it the largest segment.

Fastest-growing Segment by Confectionery variant

5.24 %

Projected CAGR, Dark Chocolate, 2024-2030

The increasing demand for low-fat and sugar-free chocolates, catalyzed by growing health consciousness among individuals, is anticipated to drive demand for Dark Chocolate.

Fastest-growing Segment by Distribution Channel

5.20 %

Projected CAGR, Convenience Store, 2024-2030

With more market consolidations, partnerships, and, most noticeably, domestic players are investing more in convenience stores, it is one of the fastest-growing segments.

Leading Market Player

13.19 %

market share, Mondelēz International Inc., 2022

The active market activities, like product innovations and strategic moves by Mondelēz, along with the unique portfolio, are enabling the company to grow ales in the market.

Growing inclination toward convenience shopping inclined the segmental value with supermarket/ hypermarkets and convenience stores holding 70% share in 2023

In the Asia-Pacific region, the overall retailing segment maintained a growth of 4.59% by volume in 2023 as compared to 2022. The growth is anticipated with the consumers' growing inclination for convenience shopping facilities. Under the overall retailing segment, the convenience store segment was considered the largest retailing unit by volume in 2023. Some of the famous stores in China are Easy Joy, uSmile, MYJ, and others. By 2025, the convenience store segment in Asia-Pacific is estimated to register a growth of 4.48% by volume.
Supermarkets and hypermarkets are the second-largest retailers in the Asia-Pacific chocolate market. These stores tend to offer their customers a wide range of chocolate products with innovative offers. It is reported that the sales volume of chocolate products in supermarkets and hypermarkets grew by 4.22% in 2022 compared to 2021. A CAGR of 19.7% is anticipated to be registered in Asia-Pacific during 2023-2029. Chocolate holds the largest share of 58.8% among all the confectionery products sold through supermarkets and hypermarkets in 2023, anticipated with growing demand for premiumization.
Online retailing or e-commerce retailing is considered the fastest-growing retailing segment in Asia-Pacific. The e-commerce business was holding a CAGR of 5.92% in 2023. The growing number of internet users across the region is the major factor influencing the acceleration of the growth of e-commerce websites.
During the forecast period, it is estimated that these retailing units in Asia-Pacific will mark growth of 8.21% by volume share. The rising availability of ethenic flavors for confectionery products and demand for discount offers will likely drive the retail industry.

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Japan and India drove the chocolate consumption in the region with the share of almost 50% by value with increasing focus on innovative premium chocolates

Over the review period, the premium and super-premium segments of the market have been growing due to trends such as transparent sourcing and the incorporation of rare ingredients that offer a sense of exclusivity. Additionally, the growth of this segment of the market is being driven by the growing number of chocolate producers that have been focused on innovating unique premium chocolate products, coupled with increased consumer desire to try new products. By value, the Asia-Pacific chocolate market observed a growth of 4.16% in 2022 as compared to 2021.
Japan and China are identified as the major markets in the region, followed by India and Australia. Japan and China collectively accounted for 52.02% of the chocolate value sales in 2022. Consumers across these countries consider chocolate an exotic delicacy, which is also brought as a luxury gift during the Lunar New Year as a luxurious treat. Thus, the consumption of chocolate has increased. China imported approximately USD 673.3 million worth of chocolate confectionery in 2021, while it was USD 485.77 million in 2020.
Malaysia is identified as the fastest-growing chocolate market in Asia-Pacific. The market is anticipated to grow at a rate of 8.53% from 2024-2030 in terms of value. The country has a traditional approach toward the consumption of confectionery, where the recipes combine ingredients such as honey, sugar, almonds, walnuts, or crystallized fruits. Chocolates that appeal to health-oriented consumers, such as sugar-free or gluten-free chocolates, are becoming popular across the country due to the consistently increasing diabetic population. In 2021, diabetes prevalence in the country reached 19.2% (% of the population ages 20 to 79) in Malaysia.

Asia Pacific Chocolate Market Trends

Consumer inclination toward chocolates over traditional sweets is one of the major factors that increase the sales of chocolates in Asian countries

Chocolate consumption in Asia-Pacific is limited when compared to Western chocolate consumption practices. However, Asia Pacific, China, and India, in particular, are likely to be some of the fastest-growing countries in the market due to the increased influence of the Western lifestyle and rising awareness of the health benefits of chocolate.
The demand for fair trade chocolates and innovations in flavor is expected to be the key trends that push the market forward over the years. Although milk chocolate is hugely popular in the market, there is also a significant growth in the sale of dark and compound chocolate because of its longer flavor release, making it the first choice for many nowadays.
Traditionally, chocolates in some parts of the region are considered luxury and premium confectionery in the market. The high cost of the raw materials used in the production of chocolate increases the overall price of the chocolates in the region. An average chocolate bar in the market costs between USD 2 and USD 20.
Due to the health benefits associated with chocolates, especially dark chocolates, consumers are seeking healthier alternatives even in confectionery products. India is one of the leading chocolate-consuming countries in the region. In 2022, nearly 44% of Indians are willing to pay a premium for healthier chocolates.

Asia Pacific Chocolate Industry Overview

The Asia Pacific Chocolate Market is fragmented, with the top five companies occupying 37.31%. The major players in this market are Chocoladefabriken Lindt & Sprüngli AG, Ferrero International SA, Mars Incorporated, Mondelēz International Inc. and Nestlé SA (sorted alphabetically).

Asia Pacific Chocolate Market Leaders

Chocoladefabriken Lindt & Sprüngli AG
Ferrero International SA
Mars Incorporated
Mondelēz International Inc.
Nestlé SA

Asia Pacific Chocolate Market Concentration

Other important companies include Atypic Chocolate Pty Ltd, Barry callebaut AG, Gujarat Co-operative Milk Marketing Federation Ltd., ITC Limited, Meiji Holdings Company Ltd, Morinaga & Co. LTD, Reliance Industries Ltd, ROYCE' Confect Co. Ltd, The Hershey Company, Yuraku Confectionery Co. Ltd, Yıldız Holding AS.

*Disclaimer: Major Players sorted in alphabetical order.

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Asia Pacific Chocolate Market News

May 2023: Reliance Consumer Products (RCPL), the FMCG arm of Reliance Retail Ventures (RRVL), completed the acquisition of a controlling stake in Lotus Chocolate Company Ltd.
February 2023: The Hershey Company launched limited-edition chocolate bars to honor the celebration of International Women’s Day.
February 2023: Ferrero International SA expanded its business by introducing a new chocolate variant under its brand, Kinder® Chocolate Mini Friends. The expansion is based on its strategic move to increase its consumer base by offering unique flavored products.

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We provide a comprehensive and exhaustive set of data pointers for global, regional, and country-level metrics that illustrate the fundamentals of the confectionery industry. With the help of 45+ free charts, clients can access in-depth market analysis based on price trend analysis of confectionery ingredients and per capita consumption of confections, through granular-level segmental information supported by a repository of market data, trends, and expert analysis. Data and analysis on confections, confectionery variants, sugar content, insights into consumer preferences and purchasing patterns, an overview of key market players, etc., are available in the form of comprehensive reports as well as excel-based data worksheets.

Asia Pacific Chocolate Market Report - Table of Contents

EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1. 1.1. Study Assumptions & Market Definition
2. 1.2. Scope of the Study
3. 1.3. Research Methodology
2. KEY INDUSTRY TRENDS
1. 2.1. Regulatory Framework
2. 2.2. Consumer Buying Behavior
3. 2.3. Ingredient Analysis
4. 2.4. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
1. 3.1. Confectionery Variant
  1. 3.1.1. Dark Chocolate
  2. 3.1.2. Milk and White Chocolate
2. 3.2. Distribution Channel
  1. 3.2.1. Convenience Store
  2. 3.2.2. Online Retail Store
  3. 3.2.3. Supermarket/Hypermarket
  4. 3.2.4. Others
3. 3.3. Country
  1. 3.3.1. Australia
  2. 3.3.2. China
  3. 3.3.3. India
  4. 3.3.4. Indonesia
  5. 3.3.5. Japan
  6. 3.3.6. Malaysia
  7. 3.3.7. New Zealand
  8. 3.3.8. South Korea
  9. 3.3.9. Rest of Asia-Pacific
4. COMPETITIVE LANDSCAPE
1. 4.1. Key Strategic Moves
2. 4.2. Market Share Analysis
3. 4.3. Company Landscape
4. 4.4. Company Profiles
  1. 4.4.1. Atypic Chocolate Pty Ltd
  2. 4.4.2. Barry callebaut AG
  3. 4.4.3. Chocoladefabriken Lindt & Sprüngli AG
  4. 4.4.4. Ferrero International SA
  5. 4.4.5. Gujarat Co-operative Milk Marketing Federation Ltd.
  6. 4.4.6. ITC Limited
  7. 4.4.7. Mars Incorporated
  8. 4.4.8. Meiji Holdings Company Ltd
  9. 4.4.9. Mondelēz International Inc.
  10. 4.4.10. Morinaga & Co. LTD
  11. 4.4.11. Nestlé SA
  12. 4.4.12. Reliance Industries Ltd
  13. 4.4.13. ROYCE' Confect Co. Ltd
  14. 4.4.14. The Hershey Company
  15. 4.4.15. Yuraku Confectionery Co. Ltd
  16. 4.4.16. Yıldız Holding AS
5. KEY STRATEGIC QUESTIONS FOR CONFECTIONERY CEOS
6. APPENDIX
1. 6.1. Global Overview
  1. 6.1.1. Overview
  2. 6.1.2. Porter’s Five Forces Framework
  3. 6.1.3. Global Value Chain Analysis
  4. 6.1.4. Market Dynamics (DROs)
2. 6.2. Sources & References
3. 6.3. List of Tables & Figures
4. 6.4. Primary Insights
5. 6.5. Data Pack
6. 6.6. Glossary of Terms

List of Tables & Figures

Figure 1:
VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030

Figure 2:
VALUE OF CONFECTIONERY MARKET, USD, ASIA-PACIFIC, 2018 - 2030

Figure 3:
VOLUME OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030

Figure 4:
VALUE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, USD, ASIA-PACIFIC, 2018 - 2030

Figure 5:
VOLUME SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030

Figure 6:
VALUE SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030

Figure 7:
VOLUME OF DARK CHOCOLATE MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030

Figure 8:
VALUE OF DARK CHOCOLATE MARKET, USD, ASIA-PACIFIC, 2018 - 2030

Figure 9:
VALUE SHARE OF DARK CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030

Figure 10:
VOLUME OF MILK AND WHITE CHOCOLATE MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030

Figure 11:
VALUE OF MILK AND WHITE CHOCOLATE MARKET, USD, ASIA-PACIFIC, 2018 - 2030

Figure 12:
VALUE SHARE OF MILK AND WHITE CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030

Figure 13:
VOLUME OF CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030

Figure 14:
VALUE OF CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, USD, ASIA-PACIFIC, 2018 - 2030

Figure 15:
VOLUME SHARE OF CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030

Figure 16:
VALUE SHARE OF CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030

Figure 17:
VOLUME OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030

Figure 18:
VALUE OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE, USD, ASIA-PACIFIC, 2018 - 2030

Figure 19:
VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE BY CONFECTIONERY VARIANTS, %, ASIA-PACIFIC, 2023 VS 2030

Figure 20:
VOLUME OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030

Figure 21:
VALUE OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE, USD, ASIA-PACIFIC, 2018 - 2030

Figure 22:
VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE BY CONFECTIONERY VARIANTS, %, ASIA-PACIFIC, 2023 VS 2030

Figure 23:
VOLUME OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030

Figure 24:
VALUE OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET, USD, ASIA-PACIFIC, 2018 - 2030

Figure 25:
VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET BY CONFECTIONERY VARIANTS, %, ASIA-PACIFIC, 2023 VS 2030

Figure 26:
VOLUME OF CONFECTIONERY MARKET SOLD VIA OTHERS, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030

Figure 27:
VALUE OF CONFECTIONERY MARKET SOLD VIA OTHERS, USD, ASIA-PACIFIC, 2018 - 2030

Figure 28:
VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA OTHERS BY CONFECTIONERY VARIANTS, %, ASIA-PACIFIC, 2023 VS 2030

Figure 29:
VOLUME OF CHOCOLATE MARKET BY COUNTRY, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030

Figure 30:
VALUE OF CHOCOLATE MARKET BY COUNTRY, USD, ASIA-PACIFIC, 2018 - 2030

Figure 31:
VOLUME SHARE OF CHOCOLATE MARKET BY COUNTRY, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030

Figure 32:
VALUE SHARE OF CHOCOLATE MARKET BY COUNTRY, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030

Figure 33:
VOLUME OF CHOCOLATE MARKET, METRIC TONNES, AUSTRALIA, 2018 - 2030

Figure 34:
VALUE OF CHOCOLATE MARKET, USD, AUSTRALIA, 2018 - 2030

Figure 35:
VALUE SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANTS, %, AUSTRALIA, 2023 VS 2030

Figure 36:
VOLUME OF CHOCOLATE MARKET, METRIC TONNES, CHINA, 2018 - 2030

Figure 37:
VALUE OF CHOCOLATE MARKET, USD, CHINA, 2018 - 2030

Figure 38:
VALUE SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANTS, %, CHINA, 2023 VS 2030

Figure 39:
VOLUME OF CHOCOLATE MARKET, METRIC TONNES, INDIA, 2018 - 2030

Figure 40:
VALUE OF CHOCOLATE MARKET, USD, INDIA, 2018 - 2030

Figure 41:
VALUE SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANTS, %, INDIA, 2023 VS 2030

Figure 42:
VOLUME OF CHOCOLATE MARKET, METRIC TONNES, INDONESIA, 2018 - 2030

Figure 43:
VALUE OF CHOCOLATE MARKET, USD, INDONESIA, 2018 - 2030

Figure 44:
VALUE SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANTS, %, INDONESIA, 2023 VS 2030

Figure 45:
VOLUME OF CHOCOLATE MARKET, METRIC TONNES, JAPAN, 2018 - 2030

Figure 46:
VALUE OF CHOCOLATE MARKET, USD, JAPAN, 2018 - 2030

Figure 47:
VALUE SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANTS, %, JAPAN, 2023 VS 2030

Figure 48:
VOLUME OF CHOCOLATE MARKET, METRIC TONNES, MALAYSIA, 2018 - 2030

Figure 49:
VALUE OF CHOCOLATE MARKET, USD, MALAYSIA, 2018 - 2030

Figure 50:
VALUE SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANTS, %, MALAYSIA, 2023 VS 2030

Figure 51:
VOLUME OF CHOCOLATE MARKET, METRIC TONNES, NEW ZEALAND, 2018 - 2030

Figure 52:
VALUE OF CHOCOLATE MARKET, USD, NEW ZEALAND, 2018 - 2030

Figure 53:
VALUE SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANTS, %, NEW ZEALAND, 2023 VS 2030

Figure 54:
VOLUME OF CHOCOLATE MARKET, METRIC TONNES, SOUTH KOREA, 2018 - 2030

Figure 55:
VALUE OF CHOCOLATE MARKET, USD, SOUTH KOREA, 2018 - 2030

Figure 56:
VALUE SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANTS, %, SOUTH KOREA, 2023 VS 2030

Figure 57:
VOLUME OF CHOCOLATE MARKET, METRIC TONNES, REST OF ASIA-PACIFIC, 2018 - 2030

Figure 58:
VALUE OF CHOCOLATE MARKET, USD, REST OF ASIA-PACIFIC, 2018 - 2030

Figure 59:
VALUE SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANTS, %, REST OF ASIA-PACIFIC, 2023 VS 2030

Figure 60:
MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, ASIA-PACIFIC, 2018 - 2023

Figure 61:
MOST ADOPTED STRATEGIES, COUNT, ASIA-PACIFIC, 2018 - 2023

Figure 62:
VALUE SHARE OF MAJOR PLAYERS, %, ASIA-PACIFIC, 2022

Asia Pacific Chocolate Industry Segmentation

Dark Chocolate, Milk and White Chocolate are covered as segments by Confectionery Variant. Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others are covered as segments by Distribution Channel. Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, South Korea are covered as segments by Country.

In the Asia-Pacific region, the overall retailing segment maintained a growth of 4.59% by volume in 2023 as compared to 2022. The growth is anticipated with the consumers' growing inclination for convenience shopping facilities. Under the overall retailing segment, the convenience store segment was considered the largest retailing unit by volume in 2023. Some of the famous stores in China are Easy Joy, uSmile, MYJ, and others. By 2025, the convenience store segment in Asia-Pacific is estimated to register a growth of 4.48% by volume.
Supermarkets and hypermarkets are the second-largest retailers in the Asia-Pacific chocolate market. These stores tend to offer their customers a wide range of chocolate products with innovative offers. It is reported that the sales volume of chocolate products in supermarkets and hypermarkets grew by 4.22% in 2022 compared to 2021. A CAGR of 19.7% is anticipated to be registered in Asia-Pacific during 2023-2029. Chocolate holds the largest share of 58.8% among all the confectionery products sold through supermarkets and hypermarkets in 2023, anticipated with growing demand for premiumization.
Online retailing or e-commerce retailing is considered the fastest-growing retailing segment in Asia-Pacific. The e-commerce business was holding a CAGR of 5.92% in 2023. The growing number of internet users across the region is the major factor influencing the acceleration of the growth of e-commerce websites.
During the forecast period, it is estimated that these retailing units in Asia-Pacific will mark growth of 8.21% by volume share. The rising availability of ethenic flavors for confectionery products and demand for discount offers will likely drive the retail industry.

Confectionery Variant
		Dark Chocolate
		Milk and White Chocolate

Distribution Channel
		Convenience Store
		Online Retail Store
		Supermarket/Hypermarket
		Others

Country
		Australia
		China
		India
		Indonesia
		Japan
		Malaysia
		New Zealand
		South Korea
		Rest of Asia-Pacific

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Market Definition

Milk and White Chocolate - Milk chocolates is a solid chocolate made with milk (in the form of either milk powder, liquid milk, or condensed milk) and cocoa solids. White chocolate is made from cocoa butter and milk and contains no cocoa solids whatsoever. The scope includes regular chocolates, low-sugar, and sugar-free variants
Toffees & Nougats - Toffees include hard, chewy, and small or one-bite candies marketed with labels as toffee or toffee-like confectionery. Nougat is a chewy confection with almond, sugar, and egg white as a basic ingredient; and it originated in Europe and Middle East countries.
Cereals Bars - A snack composed of breakfast cereal that has been compressed into a bar shape and is held together with a form of edible adhesive. The scope includes snack bars made with cereals such as rice, oats, corn, etc. mixed with a binding syrup. These also include products labeled as cereal bars, cereal treat bars, or grain bars.
Chewing Gum - This is a preparation for chewing, usually made of flavored and sweetened chicle or such substitutes as polyvinyl acetate. The types of chewing gums included in the scope are sugar-chewing gums and sugar-free chewing gums

Keyword	Definition
Dark Chocolate	Dark chocolate is a form of chocolate containing cocoa solids and cocoa butter without the milk.
White Chocolate	White chocolate is the type of chocolate containing the highest percentage of milk solids, typically around or over 30 percent.
Milk Chocolate	Milk chocolate is made from dark chocolate that has a low cocoa solid content and higher sugar content, plus a milk product.
Hard Candy	A candy made of sugar and corn syrup boiled without crystallizing.
Toffees	A hard, chewy, often brown sweet that is made from sugar boiled with butter.
Nougats	A chewy or brittle candy containing almonds or other nuts and sometimes fruit.
Cereal bar	A cereal bar is a bar-shaped food product, made by pressing cereals and usually dried fruit or berries, which are in most cases held together by glucose syrup.
Protein bar	Protein bars are nutrition bars that contain a high proportion of protein to carbohydrates/fats.
Fruit & Nut bar	These are often based on dates with other dried fruit and nut additions and, in some cases, flavorings.
NCA	The National Confectioners Association is an American trade organization that promotes chocolate, candy, gum and mints, and the companies that make these treats.
CGMP	Current good manufacturing practices are those conforming to the guidelines recommended by relevant agencies.
Unstandardized foods	Unstandardized foods are those that do not have a standard of identity or that deviate from a prescribed standard in any manner.
GI	The glycemic index (GI) is a way of ranking carbohydrate-containing foods based on how slowly or quickly they are digested and increase blood glucose levels over a period of time
Skimmed milk powder	Skimmed milk powder is obtained by removing water from pasteurized skim milk by spray-drying.
Flavanols	Flavanols are a group of compounds found in cocoa, tea, apples, and many other plant-based foods and beverages.
WPC	Whey protein concentrate- the substance obtained by the removal of sufficient nonprotein constituents from pasteurized whey so that the finished dry product contains greater than 25% protein.
LDL	Low density Lipoprotein- the bad cholesterol
HDL	High density Lipoprotein- the good cholesterol
BHT	butylated Hydroxytoluene is a lab-made chemical that is added to foods as a preservative.
Carrageenan	Carrageenan is an additive used to thicken, emulsify, and preserve foods and drinks.
Free form	Not containing certain ingredients, such as gluten, dairy, or sugar.
Cocoa butter	It is a fatty substance obtained from cocoa beans, used in the manufacture of confectionery.
Pastellies	A type of of Brazilian candy made from sugar, eggs, and milk.
Draggees	Small, round candies that are coated with a hard sugar shell
CHOPRABISCO	Royal Belgian Association of the chocolate, pralines, biscuit, and confectionery industry- A trade association that represents the Belgian chocolate industry.
European Directive 2000/13	A European Union directive that regulates the labeling of food products
Kakao-Verordnung	The German chocolate ordinance, a set of regulations that define what can be labeled as "chocolate" in Germany.
FASFC	Federal Agency for the Safety of the Food Chain
Pectin	A natural substance that is derived from fruits and vegetables. It is used in confectionery to create a gel-like texture.
Invert sugars	A type of sugar that is made up of glucose and fructose.
Emulsifier	A substance that helps to mix to liquids that does not mix together.
Anthocyanins	A type of flavonoid that is responsible for the red, purple, and blue colors of confectionery.
Functional Foods	Foods that have been modified to provide additional health benefits beyond basic nutrition.
Kosher certificate	This certification verifies that the ingredients, production process including all machinery, and/or food-service process complies with the standards of Jewish dietary law
Chicory root extract	A natural extract from the chicory root that is a good source of fiber, calcium, phosphorous, and folate
RDD	Recommended daily dose
Gummies	A chewy gelatin-based candy that is often flavored with fruit.
Nutraceuticals	Food or dietary supplements that are claimed to have health benefits.
Energy bars	Snack bars that are high in carbohydrates and calories are designed to provide energy on the go.
BFSO	Belgian Food Safety Organization for the food chain.

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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.
Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms