Durian Chocolate Market Research Report - Forecast to 2027

Durian Chocolate Market Research Report: by Type (65% Dark Chocolate Durian Praline, 80% Dark Chocolate Durian Praline, Dark Chocolate Durian with Crunchy Pearls Praline), by Distribution Channel (Online Sale, Offline Sale), and Region - Forecast till 2027

ID: MRFR/F-B & N/5780-CR | 136 Pages | Published By Pradeep Nandi on January 2019         

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Durian Chocolate Market

Durian Chocolate Market is expected to grow at a 8.9% CAGR and reach USD 1043.6 Million by 2030.

Segmentation
By Type 65% Dark Chocolate Durian Praline 80% Dark Chocolate Durian Praline Dark Chocolate Durian with Crunchy Pearls Praline
By Distribution Channel Online Sale Offline Sale
Key Players
Companies Profiled   Benns Chocolate (Malaysia)    Harriston (New Zealand)    Chocolate Monggo (Indonesia)    Naturkostbar AG (Switzerland)    Azaib Holdings Sdn. Bhd. (Malaysia)    MK Durian Harvests Sdn. Bhd. (Malaysia)    Beryl's Chocolate & Confectionery Sdn. Bhd. (Malaysia)    DaianaChocolate (U.S.)    Cocoa Boutique (Malaysia)    Sunshine Kingdom Sdn. Bhd. (Malaysia)
Drivers
Market Driving Forces   Surging demand for durian and its respective end-products    Medical use of durian
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Durian Chocolate Market Overview


The durian chocolate market is touted to touch a valuation of USD 654.5 million by 2023, as per the latest findings of Market Research Future (MRFR). It is expected to reach this benchmark by expanding at 5.14% CAGR over the forecast period (2018-2023). Main market drivers include demand for durian and its respective end-products and its demand in medicines. High consumption rate of durian chocolate is expected to propel its market volume to touch 12,924.3 tons by 2023. The market’s growth trajectory is on an ascending path thanks to various government drives highlighting the benefits of the durian fruit. Durian chocolate is a unique flavor of chocolate that has gained prominence owing to the inclusion of durian, a foul-smelling fruit with origins in Indonesia and Southeast Asia. The fondness for bakery items such as pastries, cookies, candies, chocolates, and others has led to its wide availability of durian in processed form. In addition, notoriety of the fruit has appealed to chocolate lovers and has gained a niche in the chocolate industry.


Durian Chocolate Market Segmentation Analysis


By type, the durian chocolate market can be segmented into 65% dark chocolate durian praline, 80% dark chocolate durian praline, and dark chocolate durian with crunchy pearls. Most of these types contain different ratios of dark chocolate with durian. Distribution channels used for disbursement of durian chocolate to consumers include offline and online. Offline channels include brick-and-mortar stores and branded retail outlets, while online channels include e-commerce.


Durian Chocolate Market Regional Analysis


Region-wise, the durian chocolate market covers trends and opportunities across North America, Asia Pacific (APAC), Europe, and Rest-of-the-World (RoW).  Indulgence of dark chocolate among consumers has convinced confectionery and candy manufacturers to venture into unknown territories to provide novel tastes. Among the regions, APAC is expected to dominate the market owing to the region with a surplus of the main component, durian. In addition, lax export regulations is likely to boost the global market demand by 2023.


Competitive Analysis


Prominent players profiled in the durian chocolate market are Benns Chocolate (Malaysia), Harriston (New Zealand), Chocolate Monggo (Indonesia), Naturkostbar AG (Switzerland), Azaib Holdings Sdn. Bhd. (Malaysia), MK Durian Harvests Sdn. Bhd. (Malaysia), Beryl's Chocolate & Confectionery Sdn. Bhd. (Malaysia), DaianaChocolate (U.S.), Cocoa Boutique (Malaysia), and Sunshine Kingdom Sdn. Bhd. (Malaysia).


Research Methodology


Analysts at Market Research Future (MRFR) have used the data available globally to curate and compile first-class reports. With a combination of primary and secondary research, analysts tend to forecast the trajectory of markets based on various factors. The historical trends form a base for predicting future trends and forming hypotheses. Primary research comprises interviews with top-level executives and decision makers which provides keen insights on the market. Secondary research entails the collection of relevant data related to key players, segments, and regions. The information is verified via credible sources published online and offline.


Analysis Period



  • Base Year - 2017

  • Projection Period - 2018 to 2023

  • Market Valuation - USD Million

  • Market Volume - Tons


Type



  • 65% Dark Chocolate Durian Praline

  • 80% Dark Chocolate Durian Praline

  • Dark Chocolate Durian with Crunchy Pearls Praline


Distribution Channel



  • Offline Sale

  • Online Sale


Region




  • North America

    • The U.S.

    • Canada


    • Mexico 






  • Europe

    • The U.K.

    • Italy

    • Spain

    • France

    • Germany

    • Rest of Europe






  • Asia Pacific (APAC)

    • China

    • Japan

    • India

    • Australia & New Zealand

    • Rest of Asia Pacific






  • Rest-of-the-World

    • The Middle East

    • South America


    • Africa 




Intended Audience:



  • Chocolate Manufacturers

  • Confectionery Product Manufacturers

  • Raw Material Suppliers

  • Distributors, Retailers, and Wholesalers

  • E-commerce Industry

  • Traders, Importers, and Exporters



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