HONG KONG, 19 September 2025 – The humble mooncake, a centuries-old delicacy rooted in Chinese tradition, is undergoing a dramatic reinvention. As the Mid-Autumn Festival approaches, Asia’s billion-dollar mooncake industry is not just leaning into nostalgia, but riding a wave of culinary innovation inspired by one of the Middle East’s most viral exports — the knafeh-stuffed “Dubai chocolate bar.”
Made famous on TikTok for its glossy chocolate snap and pistachio-laden crunch, the bar has captured imaginations well beyond Dubai. Its influence now stretches from milkshakes and croissants to Asia’s most symbolic seasonal pastry. In Hong Kong, bean-to-bar specialists Conspiracy Chocolate, founded in 2018 by Amit Oz and Celine Herren, have launched their own mooncake adaptation of the viral dessert. Unlike their earlier versions, which closely mirrored the traditional lotus seed paste and salted egg yolk format, this year’s mooncakes feature a homemade pistachio paste and a raspberry-jam-and-dark-chocolate core, echoing the symbolic full moon.
“We wanted to respect the mooncake’s thousand-year tradition while making something fun and accessible,” Oz explained. “Beyond being trendy, it’s something people genuinely like — and credit where it’s due, FIX Desserts had a good idea.”
A Culinary Trend That Travels
Conspiracy Chocolate isn’t alone. Hong Kong’s Soulgood Bakery has rolled out Basque cheesecake mooncakes in seven flavours, including Dubai pistachio, while Dulce Vida has experimented with chocolate-inspired Mid-Autumn variations. Major hospitality names have also embraced the trend: the Mandarin Oriental Kuala Lumpur unveiled a Dubai chocolate mooncake, while the Singapore Marriott Tang Plaza Hotel and the Four Seasons Singapore released their own pistachio-kunafa-infused editions.
According to Summer Lo, director of food and beverage at Four Seasons Singapore, novelty sparks curiosity while traditional flavours anchor seasonal sales. This balancing act — offering innovation without alienating tradition — has become a defining feature of the mooncake industry’s annual reinvention cycle.

Tradition Meets Innovation
For consumers, the pivot to pistachio and chocolate is about more than taste. “Variety-seeking customers are driving the market,” explains Mandy Hu, associate professor at the Chinese University of Hong Kong. Social media trends now provide mooncake makers with near-real-time insight into what excites younger demographics. While classic lotus paste and salted yolk still dominate sales, innovative riffs attract new audiences and refresh brand identities in a crowded market.
The economic stakes are high. After a strong post-Covid rebound, mooncake sales contracted by 9% in 2024, highlighting the need for innovation. For small bakeries, distinctive products offer survival and differentiation against established players such as Maxim’s.


Global Ripples and Market Challenges
The Dubai chocolate craze has even prompted legal disputes. Earlier this year, German courts ruled that products marketed as “Dubai chocolate” must actually originate from Dubai to avoid misleading consumers. Meanwhile, the UK Food Standards Agency was forced to recall counterfeit sweets sold under the name of Le Damas, an Arabic confectioner, after they turned out to be fake imitators of an already copycat product.
There are also broader supply chain implications. Pistachio prices rose 34% year-on-year in April, despite a 7% increase in global production, partly due to surging demand for knafeh-pistachio products. Conspiracy Chocolate has so far sidestepped this pressure by producing its own paste in-house, keeping costs contained even as others rely on increasingly expensive imports.
The boutique maker plans to produce 2,000 mooncakes this season, retailing at HK$536 (≈US$69) per box of four, with sales running until the end of September. For them, the pistachio mooncake is more than a seasonal cash-grab — it’s a cultural conversation, bridging Middle Eastern trends with Chinese festival tradition.

Investor & Market Takeaway
The mooncake industry’s pivot toward pistachio-chocolate hybrids reflects a broader truth: Asia’s heritage foods are not immune to the forces of globalization, digital virality, and consumer experimentation. While legacy flavours continue to dominate sales, innovation has become the key to brand survival. For hotels, bakeries, and even artisanal chocolatiers, these creative mooncakes are less about replacing tradition and more about expanding the market.
This blend of heritage and reinvention positions the mooncake industry for sustained relevance, even as younger, social-media-driven consumers reshape what Mid-Autumn indulgence looks like.











