Japan Chocolate Market (2019-2025) | Growth, Value, Revenue, Analysis, Trends, Share, Size, Industry, Segmentation & Outlook

Latest Development (2023) of the Japan Chocolate Market

Japan Chocolate Market has seen the latest developments which include increasing awareness regarding the health benefits of cacao, including helping to reduce blood pressure and prevent arteriosclerosis, obesity, and cancer, as well as minimizing levels of stress and the effects of allergies and rheumatism. Manufacturers have started establishing an extensive chocolate confectionery product line that capitalizes on functional chocolate products containing flavonoid-rich dark chocolate and chocolate cereal bars with exotic fruit and vegetable flavors, spices, whole-grain granola, dried fruit, etc. premium nuts, and vitamins. Furthermore, with government policy and employer initiatives driving an increase in the number of women in the paid workforce to address the country's labor shortage, female consumers are spending their increased purchasing power on premium chocolate treats to reward themselves for their hard work.

Mergers and Acquisitions:

• On March 5, 2021, Nestlé announced that it had acquired Essential Water

Japan Chocolate Market Synopsis

Japan chocolate market is expected to grow exponentially over the coming years due to the growing demand for premium chocolates and increasing awareness among people regarding the health benefits associated with the consumption of chocolates such as lower blood pressure, reduction in stress, and others. Additionally, according to the Chocolate and Cocoa Association of Japan (CCAJ), Japan is the largest chocolate consumer market in Asia attracting huge investment opportunities across the world.

According to 6Wresearch, Japan Chocolate Market size is projected to grow at a CAGR of 4.4% during 2019–2025. Japan chocolate market usually registers the highest growth at the time of special occasions due to which seasonal chocolates are the most sold chocolates in Japan. Furthermore, the aging population in Japan is the one consuming a large amount of chocolate which is augmenting the growth of the chocolate market in Japan.

Boxed assortments were the maximum revenue-generating type of chocolate in Japan in 2018 which shows that chocolate is usually used as a gifting option. However, it is expected that molded or bar chocolates would register higher growth during the forecast period due to the change in the trend of consumption of chocolates. Further, milk chocolate holds a  dominant share in the Japanese market in 2018 due to the sweet tooth of Japanese consumers, however, an inclination is seen towards dark chocolate due to its associated health benefits with it.

The Japan chocolate market report comprehensively covers the market by product types, distribution channels, and chocolate types. The Japan chocolate market outlook report provides an unbiased and detailed analysis of the Japan chocolate market trends, Japan chocolate market share, opportunities, high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report

• Japan Chocolate Market Overview
• Japan Chocolate Market Outlook
• Japan Chocolate Market Forecast
• Historical Data of Japan Chocolate Market Revenues for the Period 2015-2018
• Japan Chocolate Market Size & Chocolate Market Forecast of Revenues, Until 2025
• Historical Data of Japan Chocolate Market Revenues, By Product Types, for the Period 2015-2018
• Market Size & Forecast of Japan Chocolate Market Revenues, By Product Types, Until 2025
• Historical Data of Japan Chocolate Market Revenues, By Distribution Channels, for the Period 2015-2018
• Market Size & Forecast of Japan Chocolate Market Revenues, By Distribution Channels, Until 2025
• Historical Data of Japan Chocolate Market Revenues, By Chocolate Types, for the Period 2015-2018
• Market Size & Forecast of Japan Chocolate Market Revenues, By Chocolate Types, Until 2025
• Market Drivers and Restraints
• Japan Chocolate Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis and Market Opportunity Assessment
• Japan Chocolate Market Share, By Players
• Japan Chocolate Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Japan Chocolate Market report provides a detailed analysis of the following market segments:

By Product Types

• Milk Chocolate
• White Chocolate
• Dark Chocolate

By Distribution Channels

• Supermarkets/ Hypermarkets
• Grocery/ Mom n Pop Stores
• Convenience Stores
• Online Channel
• Others (Specialized Retailers, Pharmacy, etc.)

By Chocolate Types

• Count lines & Straight lines
• Molded or Bar Chocolates
• Choco-panned & Sugar panned
• Others (Box chocolates, novelties, etc.)

Frequently Asked Questions About the Market Study (FAQs):