Red Palm Oil (RPO) Chocolate Spread
Chocolate spread is a beloved confectionery product enjoyed by people of all ages, particularly children. Commonly used as a spread on bread, pancakes, or as a filling in baked goods, it comes in various types such as plain, milk, or flavoured varieties. Supermarkets typically stock chocolate spread in glass jars or plastic tubs, with popular brands including Nutella, Hershey, and Cadbury. According to Statistica Market Insights (2025), the global chocolate spread market is projected to reach USD140.10 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 4.74% from 2025 to 2030. In Malaysia, the market is forecasted to be worth USD1.54 billion, boasting an impressive annual CAGR of 8.19% over the same period.
Main researcher: Norazura Aila Mohd Hassim
E-mail: azuraaila@mpob.gov.my