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Durian Chocolate Market Share

ID: MRFR//5780-CR | 136 Pages | Author: Pradeep Nandi| January 2019

The irresistible taste of durian, despite its distinctive odor, is a key factor driving the increasing demand for durian and its derivatives, including durian chocolate, puree, cream, and more. Although the fruit's smell may be off-putting to some, the delightful flavor it imparts is winning over consumers. Durian chocolate, in particular, is crafted by blending durian puree with varying concentrations of chocolate, making durian a crucial flavoring agent that contributes to the unique taste of these chocolates. This heavenly flavor is not only propelling the growth of the durian chocolate market but is also expected to continue doing so in the future.
The growing global demand for durian and its associated products has resulted in a significant uptick in international durian trade, particularly in the Asia-Pacific region. In 2017, the global trade of durian experienced an impressive 18% increase. Thailand emerged as the primary exporter of durian, while China secured its position as the leading importer. The surge in demand for durian in China can be attributed to its widespread use in the production of confectionaries, baked goods, and beverages by the food and beverage industry.
Durian chocolate, being a delightful fusion of this tropical fruit and chocolate, has gained popularity due to its unique and palatable taste. The incorporation of durian into chocolate offers consumers a distinctive and enjoyable culinary experience. The fusion of these flavors has not only broadened the appeal of durian chocolate but has also created a niche market for this delectable treat.
Furthermore, the health benefits associated with durian contribute to its popularity. Durian is rich in nutrients such as dietary fiber, vitamins, and minerals, making it a favorable choice for health-conscious consumers. The increased awareness of the health benefits of durian has driven its consumption and, consequently, the demand for durian chocolate as a delightful and nutritious indulgence.
The international trade dynamics of durian reflect its rising prominence on the global stage. Thailand's role as a major exporter signifies its dominance in durian production, with the fruit being a significant contributor to the country's economy. On the other hand, China's position as the leading importer underlines the growing global interest in durian-based products. The demand from Chinese food and beverage producers, who recognize the versatile applications of durian in various culinary creations, further emphasizes the fruit's expanding influence in the global market.
The growth of the durian chocolate market is intricately linked to the distinctive and delightful flavor of durian, which continues to captivate consumers globally. The international trade of durian, with Thailand as a key exporter and China as a major importer, highlights the fruit's increasing significance in the global marketplace. As consumers embrace the unique taste and health benefits of durian and its derivatives, the durian chocolate market is poised for sustained growth and continued popularity among food enthusiasts worldwide.

Durian Chocolate Market Overview


The durian chocolate market is touted to touch a valuation of USD 658 million by 2022, as per the latest findings of Market Research Future (MRFR). It is expected to reach this benchmark by expanding at an 8.64% CAGR over the forecast period (2023-2032). 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 1,463.23 tons by 2032. 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: 2022

  • Projection Period: 2023–2032

  • 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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