According to Market Research Future (MRFR), the global durian chocolate market is expected to reach a market valuation of USD 654.5 million by 2023. The market is presumed to expand at a CAGR of 5.14% during the forecast period (2018-2023), backed by a number of positive factors.
Durian chocolate is an emerging type of chocolate with durian flavored fillings. The unique flavor of Durian, a southeast Asian fruit with a potent, pungent smell, is sweet, savory, creamy and mildly acidic at the same time. Due to the scent and flavor, durian has niche popularity among consumers for its exoticness, leading to market growth for durian chocolate during the forecast period. Additionally, the application of durian chocolate in the baking industry for cookies and pastries, are expected to contribute moderately to market growth over the assessment period.
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Segmental Analysis
The global durian chocolate market has been segmented on the basis of type, and distribution channel.
Based on the type, the market for durian chocolate has been segmented into dark chocolate durian with crunchy pearl 65% dark chocolate durian praline, and 80% dark chocolate durian praline.
Based on the distribution channel, the global market for durian chocolates has been segmented into offline and online. The offline segment has been sub-segmented into brick-and-mortar stores, and branded retail stores, and the online segment has been further segmented into e-commerce.
Regional Analysis
Based on the region, the global durian chocolate market is segmented into North America, Europe, Asia Pacific, and the rest of the world.
The Asia Pacific accounts for the largest market share in the global market for durian chocolate and is expected to sustain the leading market share over the forecast period. This is attributable to the high durian production and the presence of several manufacturers of durian chocolate in southeast Asian countries such as Indonesia, Malaysia, and Thailand.
North America is one of the significant regions in the global durian chocolate market and is expected to grow as a substantial contributor to the market over the forecast period. The increasing purchasing power of consumers, globalization, and changing trends in the food industry are influential factors for the market growth of durian chocolate in this region.
Europe is a strong market for durian chocolates and is projected to grow up to a considerable valuation over the forecast period at a steady CAGR. The market in European countries such as Italy, France, Germany, among others, is due to the popularity of exotic flavor and dark chocolate among consumers.
In the rest of the world, Latin America and the Middle East are emerging markets for durian chocolates, owing to the increasing acceptance of durian-based products in the regions. The Middle East is poised to grow at a robust CAGR over the forecast period, due to the Asian population in countries such as the United Arab Emirates (UAE), Kuwait, and others.
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Key Players
The key players identified in the global durian chocolate market are Azaib Holdings Sdn. Bhd. (Malaysia), Benns Chocolate (Malaysia), Beryl's Chocolate & Chocolate Monggo (Indonesia), Cocoa Boutique (Malaysia), Confectionery Sdn. Bhd. (Malaysia), DaianaChocolate (U.S.), Harriston (New Zealand), MK Durian Harvests Sdn. Bhd. (Malaysia), Naturkostbar AG (Switzerland), and Sunshine Kingdom Sdn. Bhd. (Malaysia).
Recent News
In April 2019, Malaysia planned on expanding their durian market to China and beat Thailand, which was the leading exporter of Durian in China. Malaysia conducted a durian festival in Beijing to promote the fruit and its end-products, such as durian chocolate. This is expected to create substantial growth in the durian chocolate market in the Asia Pacific.
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Industry/ Innovation/ Related News:November 23, 2017– DSM invests USD 18.12 million to expand capacity at Coating Resins plant in Meppen (Germany).DSM is a global science company active in health, nutrition and materials, announced it has invested USD 15 18.12 million for the expansion of its Coating Resins plant in Meppen, Germany.
The overall impact of this investment to be seen in coatings especially in plastic application and likely to drive its demand in automotive applications.
August 17, 2017- Axalta Coating Systems completes the acquisition of Plascoat Systems Limited.
Moreover, Dow has been a long-term strategic partner in Saudi Arabia for nearly four decades and is the largest foreign investor in the country.
This could be the added advantage for them and this may help them to strengthen their market position.
The proposed Plastics investment will include constructing a fully-integrated slogans and high performance Plastics coating market share complex geared towards markets and industries such as home and personal care, automotive, high performance building and construction, solar energy, medical devices, and oil and gas.January 1, 2017- Shin-Etsu Chemical announces to expand Plastics production capacity in the U.S. the company recently announced plans to expand the production capacity of its Akron, Ohio plant, Shin-Etsu Plastics of America (SESA), which is engaged in the manufacturing and sales of Plastics.
Increasing prevalence of acne, growing teenage population, rising cosmetic expenditures, and increasing awareness of the skin condition is estimated to drive the acne treatment market across the globe during the forecast period.
On the other hand, reported cases of serious reaction caused by the non-prescription acne care products and the high cost of therapeutic procedures like microdermabrasion, dermabrasion, and others is estimated to restraint the market growth during the projected period.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/5675SegmentationThe global acne treatment market is segmented on the basis of type, treatment, treatment modality, and end users.
On the basis of the type, the market is segmented into comedonal acne, inflammatory acne, cystic acne, post-surgical/wound acne, and others.
The antibiotics segment is further segmented into erythromycin, clindamycin, and others.Regional AnalysisAmerica dominates the acne treatment market owing to a well-developed healthcare sector and a huge patient population within the region.
Europe holds the second largest market for acne treatment across the globe due to availability of funds for research, a huge patient population and increasing teenage population within the region.
On the other hand, the Middle East & Africa holds the least share in the global acne treatment market.
Market HighlightsThe Global Aloe Vera Derivatives Market is expected to register a CAGR of 6.4% to reach USD 4,059.63 Million by 2025.Aloe vera is a perennial succulent plant that is cultivated for its health and medicinal benefits.
Aloe vera and its derivatives are known for improving skin health, reducing the appearance of wrinkles, and helping control blood sugar levels.
The demand for aloe vera derivatives is also increasing due to the growth of the application industries.
Rising health consciousness around the world has resulted in a shift in consumer preference toward plant-based beverages.
Personal care is yet another prominent industry where aloe vera derivatives are widely used owing to rising awareness regarding the side effects of several chemical ingredients in cosmetics.
The gel segment accounted for the largest market share in 2018.
The willingness of end users to incorporate different meat types in diets is spurring the development of the duck meat product market size.
Reports that appraise the food, beverage, and nutrition industry have been presented by Market Research Future, which creates reports on industry verticals that assess the market development and prospects.
The market is expected to note surging growth in its CAGR and revenue in the forecast period.Duck meat has increased nutritional content and a distinctly different flavor profile that is expected to grow its market stake in the upcoming period.
On the basis of product type, the duck meat products market has been segmented into cuts, sausages, ground, and others.
The store-based segment is additionally segmented into specialty stores, supermarkets & hypermarkets, and others.
On the basis of regions, the duck meat product market size is segmented into North America, Europe, APAC , and the rest of the world.Detailed Regional Analysis The evaluation of the regions in the duck meat product market size comprises of regions such as North America, Europe, APAC, and the rest of the world.
Market SynopsisThe global coffee market is projected to garner USD 102,279.2 million during the forecast period (2018-2023).
A beverage with widespread consumption in the world, coffee has been through several changes and innovation over the past years.
Coffee is prepared by brewing processed or roasted coffee seeds.
Regions like North America holds a huge market share where around 71% of the total population consumes coffee on a daily basis.On the flip side, fluctuating prices of coffee beans are likely to impact the market growth adversely.
The climatic change affects the productivity can also act as a growth deterrent.Competitive DashboardThe major players operating the global coffee market are Tchibo Coffee International Ltd. (U.K.), Tata Global Beverages Ltd. (India), Nestlé S.A. (Switzerland), The Coca Cola Company (U.S.), Strauss Group Ltd. (Israel), The Kraft Heinz Company (U.S.), Jacobs Douwe Egberts (The Netherlands), Starbucks Corporation (U.S.), The J.M.
Asia Pacific is considered to account for the maximum proportion in this segment.
Transmitting Antennas Market:WiseGuyReports.com adds “Transmitting Antennas Global Market Report 2020-30” reports to its database.Executive SummaryThe global transmitting antennas market was worth $193.7 million in 2019.
It is expected to decline at a compound annual growth rate (CAGR) of -1.51% and reach $182.3 million by 2023.The transmitting antennas market consists of sales of transmitting antennas and related services that allow wireless communication between a group of devices and their related networks.
Antennas transform electrical energy from the transmitter into electromagnetic energy and radiate into the surrounding atmosphere.The transmitting antennas market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America, Middle East and Africa.
Mohu, aa USA based company specialized in paper-thin Leaf and Leaf Ultimate Indoor Antennas for high definition television channels.The demand for low-cost antennas acts as a major restraint for the transmitting antennas market.
Military antennas are capable of providing better surveillance, accurate tracking, security concerns in the use of military aircraft, naval vessels, armored vehicles, aircraft, and others.
For instance, TACO, a Canada based company, manufactures muldipol military antennas, which specializes in ground-air-ground, air traffic control and associated vehicular and base communications applications.
