Durian chocolate is becoming more popular in the US and Canada because people love its delicious taste. Additionally, the health benefits of durian are leading to more imports of fresh and frozen durian in the region, especially in the US. The US is now a major importer of durian and durian-based products, while Canada is the biggest market for fresh durian.
Even though durian chocolate is not very common in non-Asian countries like the US, Canada, and Mexico, its demand is growing, and it's expected to keep growing in the coming years.
In North America, the durian chocolate market is predicted to grow at a rate of 5.57%, reaching USD 110.3 Million by 2023. The US is expected to have the most significant market share, reaching USD 56.4 Million, but Canada is anticipated to show substantial growth at a rate of 6.00%.
In terms of quantity, North America is projected to reach 2,146.7 tons of durian chocolate by 2023, with the US accounting for the majority at 1,098.0 tons. Canada is expected to grow at a rate of 3.55%.
Looking at the specific segments of durian chocolate, the 65% dark chocolate durian praline is expected to dominate in both value and quantity, reaching USD 327.8 Million and 6,473.1 tons globally. However, the dark chocolate durian with crunchy cereals praline segment is predicted to grow substantially at rates of 5.52% and 2.92%.
When it comes to where people buy durian chocolate, offline sales are expected to have the most significant market share in North America, reaching USD 74.3 Million and 9,254.2 tons. However, online sales are projected to grow substantially at rates of 5.54% and 2.93%.
In the US specifically, the durian chocolate market is expected to grow at a rate of 5.32%, reaching USD 56.4 Million by 2023. The 65% dark chocolate durian praline segment is anticipated to dominate, reaching USD 28.5 Million, but the dark chocolate durian with crunchy cereals praline segment is expected to grow at a substantial rate of 5.61%.
In Mexico, the durian chocolate market is projected to grow at a rate of 3.23%, reaching USD 3.0 Million. The 65% dark chocolate durian praline segment is expected to dominate, reaching USD 1.5 Million, and the dark chocolate durian with crunchy cereals praline segment is predicted to grow at a substantial rate of 3.50%.
In terms of quantity in Mexico, offline sales are expected to have the most significant market share, reaching 38.5 tons and growing at a substantial rate of 1.11%.
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
