India Chocolate Market Size,Growth 2021: Global Sales Revenue, Emerging Technologies, Key Players Analysis, Development Status, Opportunity Assessment and Industry Expansion Strategies 2023

Posted on Dec 8 2021 7:27 AM

"India Chocolate Market report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts. "

Global India Chocolate Market provides deep Information by vendors, including company overview, company total revenue (financials), market potential, global presence, India Chocolate sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. this study provides the India Chocolate sales, revenue and market share for each player covered in this report. India Chocolate market is split by Type and by Application. The growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

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India Chocolate Market report features basic market situations, Product limit, consumption volume, and limit applications. Moreover, the report illuminates the SWOT analysis that should be done by the customers so as to know the Strength, Weaknesses, Opportunities, and Threats of the India Chocolate industry. It likewise centers around venture practicability investigation, speculation return analysis and different ways to deal with the addition a considerable position in the India Chocolate Market.The India Chocolate Market report also covers a detailed comprehension of the major geographies present in the market along with the key segments and sub-segments.

The report focuses on regional development status, which includes the market size, share, and volume. The India Chocolate Market report presents some of the key data, which would help the stakeholders in the industry besides the analysts and business decision makers. Production, consumption, cost, gross margin, revenue, market share and factors influencing market and CAGR has found its place in the report.

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The India Chocolate market is expected to reach USD 5.01 billion by 2023, witnessing a healthy CAGR over the forecast period. Chocolate consumption volume in the region surpassed 193 million Kg in 2017, with Moulded Chocolate registered the largest volume sale. Rising per capita income and westernization tend is the key driver for the market. Expanding retail channel and growing impulse purchase behaviour among consumer are further driving the market. Growing demand for premium varieties gives potential opportunity for foreign brands to tap the market.

Premium Chocolates Gaining Popularity

Rising demand for premium and dark chocolate as a result of growing affluent middle-class purchasing power coupled with marketing and promotional activities triggered the chocolate demand. Consumer demand for high cocoa content in chocolate and consumer awareness related to cocoa benefits are driving the dark chocolate market. Moulded chocolate dominates the Indian chocolate retail sale followed by countlines. The sale of boxed assortment is growing at a faster pace driven by increased occasional gifting trend. Heavy discount offered at supermarkets/hypermarkets and healthy eating habits are another factor boosted sales.

Booming Online Retail

Online shopping that provides exciting offers and brands is attracting Indians. There is a strong appeal for imported goods in India that are widely available in online channels eliminating the need for physical stores. Growing new internet user population in tier-II & tier-III cities offers a promising growth in the rural areas. Convenience, ease of searching, billing, wide selection of products and discounts and promotion fueled the online chocolate sale. Online retail recorded an impressive CAGR of 57.9% during 2012-2017. Convenience Stores and supermarkets led the sale with a share of more than 70% in the distribution channel. Expanding retail chain in the country offer a potential growth opportunity to the market.

Key Developments

August 2107 - Mars International launched global chocolate leading brand M&Ms in India with aim to capture the nascent bite-size chocolate category in the market
The India Chocolate market is competitive with top five multinational players accounting for major share. New product innovation based on convenient pack and premium category are the main strategy adopted by the key player.

Major players include - MONDELEZ INTERNATIONAL, INC , MARS INC., FERRERO, NESTLE SA, HERSHEY CO., LINDT & SPRÃœNGLI AG., amongst others.

Reasons to Purchase this Report

Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
Market dynamics scenario, along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Country level analysis integrating the demand and supply forces that are influencing the growth of the market
Market value (USD Million) and volume (Kg Million) data for each segment and sub segment
Distribution Channel sales Analysis by Value
Competitive landscape involving the market share of major players, along with the new product launch and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet in excel

Customization of the Report

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs

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Covered in this report

The Report Covers the Present Scenario and the Growth Prospects of the Global India Chocolate Market for 2021-2023. To calculate the market size, the report considers new installations or sales and subscription payments of India Chocolate.

Regional Market Analysis:

The India Chocolate Market report includes Global & Regional market status and outlook 2021-2023. Further, the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Global India Chocolate Market 2021-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Market Trend

  • Growing research activities coupled with new product launches.

Market Driver

  • High Opportunity in the Industry

Market Challenge

  • Complications associated with India Chocolate procedures.

Some Major Points from Toc :-

1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.5 Degree of Competition
3.3 Price Analysis
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
5. Market Segmentation and Analysis (Market Size, Growth & Forecast)
5.1 By Product Type
5.2 By Application
5.3 By End-user Industry
6. Regional Market Analysis
6.1 Production Analysis
6.1.1 Australia
6.1.2 Bolivia
6.1.3 Brazil
6.1.4 Democratic Republic of Congo
6.1.5 Indonesia
6.1.6 Malaysia
6.1.7 Myanmar
6.1.8 Peru
6.1.9 Russia
6.1.10 Thailand
6.1.11 Vietnam
6.1.12 Others
6.2 Consumption Analysis (Market Size, Growth and Forecast)
6.2.1 Asia-Pacific
6.2.1.1 India
6.2.1.2 China
6.2.1.3 Japan
6.2.1.4 South Korea
6.2.1.5 Rest of Asia-Pacific
6.2.2 North America
6.2.2.1 United States
6.2.2.2 Canada
6.2.2.3 Mexico
6.2.2.4 Rest of North America
6.2.3 Europe
6.2.3.1 Germany
6.2.3.2 United Kingdom
6.2.3.3 France
6.2.3.4 Italy
6.2.3.5 Austria
6.2.3.6 Rest of Europe
6.2.4 South America
6.2.4.1 Brazil
6.2.4.2 Argentina
6.2.4.3 Rest of South America
6.2.5 Middle East & Africa
6.2.5.1 UAE
6.2.5.2 South Africa
6.2.5.3 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
10. Disclaimer

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