APAC is a strong growth market for chocolate confectionery globally. According to Euromonitor, the segment is forecast to increase in category value with volume growth (1.6% CAGR), and impressive value growth (4.1% CAGR) in the next 5 years from 2020 to 2025.
It is the #3 market for chocolate confectionery, after Europe and North America at over $15 billion in retail sales. As a less mature market, exciting & progressive innovation has a big impact that can influence international flavor trends and spark inspiration for chocolate makers around the world