Subscribe

India Chocolate Market Outlook, 2022

Publisher : Bonafide Research | SKU : 170120011 | Pages : 115 |
Published Date : 2017-01-01 | Figures : 24 | Tables : 9
Region : Asia-Pacific | Country : India | Category: Food & Beverages
Premium chocolate category will be the next growth horizon for chocolate manufacturers in India: Bonafide Research

India Chocolate Market Outlook, 2022

Bonafide Research | SKU : 170120011
Pages : 115 | Jan, 17 | Region : Asia-Pacific
Figures : 24 | Tables : 9
Category: Food & Beverages
Premium chocolate category will be the next growth horizon for chocolate manufacturers in India: Bonafide Research

The Indian chocolate market in precedent years has been witnessing tremendous growth in terms of value as well as volume. The governance of market is maintained by large international giants through franchisee and expansion into new markets which is leading to the growth of the chocolate industry in India. India is a market of huge opportunity and it will continue to grow at a healthy rate in the next few years to come. An average Indian shopper currently buys less than 150 grams of chocolate a year, while a typical UK shopper buys more than 6 kilograms of chocolates every year. This provides a huge opportunity to the marketers; because of which many players are foraying into the industry. The chocolate market has a positive outlook also due to phenomenal growth in the confectionery industry, rising per capita income and gifting culture in India. According to "India Chocolate Market Outlook, 2022", Mondelez India, Ferrero and Nestle India top the charts with more than 65% of the overall chocolate market revenues. International brands like Mars and homegrown brand Amul are slowly trying to gain the momentum. Urban people are becoming more aware and conscious about chocolate brands and thus dominate the chocolate consumption heavily. Affluent urban consumers are now even demanding premium chocolates which are more costly than the regular ones. Manufacturers are keen to tap this section of consumers and are introducing premium or higher-priced products into the market. Thus, premium offerings are fast becoming a trend to the urban markets. There are three types of chocolate namely Milk, White and Dark. Dark chocolate has gained popularity in recent years because of its health benefits and rising awareness among customers. Furthermore, preferences of Indian consumers are slowly evolving and getting accustomed to the taste of dark chocolates. Companies like Mondelez and Nestlé have successfully introduced their dark chocolate brands such as Bournville and Nestlé Dark Chocolate. The range and variety of chocolates available in a retail store has been growing day by day, which is leading to a lot of impulse sales for chocolate companies. Consumers can now choose from wide range of chocolates, which initially was limited to milk chocolates like Cadbury Dairy Milk and Milky Bar. In past few years, the market has also seen many SKUs with almonds, raisins and all sorts of nuts. Parallel to premium chocolate brands and the market dominance of mass appeal, the market for handmade and designer chocolates is also emerging which is catering to the selected pockets of urban India. As a result, the concept of exclusive chocolate stores in India has gained ground. Chocolates are moving from just another product on shelf to these exclusive stores now. Customized services offered by exclusive stores have encouraged the consumers to gift these luxury chocolates on festive and special occasions. Key Type • Milk Chocolate • White Chocolate • Dark Chocolate Key Category • Mass/Non-Premium Chocolate • Premium Chocolate "India Chocolate Market Outlook, 2022" discusses the following aspects of chocolates in India: The report gives an in-depth understanding of chocolate market in India: - Global Chocolate Market Outlook - Global Chocolate Market Size By Value & Forecast - Europe Chocolate Market Size By Value & Forecast - North America Chocolate Market Size By Value & Forecast - Asia-Pacific Chocolate Market Size By Value & Forecast - Global Chocolate Market Segmental Analysis: By Company, By Region - Global Cocoa Production Market Size By Volume - Global Cocoa Production Market Segmental Analysis: By Country - India Chocolate Market Outlook - India Chocolate Market Size By Value & Forecast - India Milk Chocolate Market Size By Value & Forecast - India White Chocolate Market Size By Value & Forecast - India Dark Chocolate Market Size By Value & Forecast - India Chocolate Market Size By Volume & Forecast - India Urban Chocolate Market Size By Volume & Forecast - India Rural Chocolate Market Size By Volume & Forecast - India Chocolate Market Segmental Analysis: By Company, By Brand, By Region, By Type, By Category - India Mass/ Non-Premium Chocolate Market Size By Value & Forecast - India Mass/ Non-Premium Chocolate Market Size By Volume & Forecast - India Premium Chocolate Market Size By Value & Forecast - India Premium Chocolate Market Size By Volume & Forecast - Product Price & Variant Analysis - The key vendors in this market space - Competitive Landscape & Strategic Recommendations This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Report Methodology The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of chocolate in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

  • TABLE OF CONTENTS 1. Executive Summary 2. Global Chocolate Market Outlook 2.1. Market Size By Value 2.1.1. Overall Market 2.1.2. Europe Chocolate Market 2.1.3. North America Chocolate Market 2.1.4. Asia-Pacific Chocolate Market 2.2. Market Share 2.2.1. By Company 2.2.2. By Region 2.3. Global Cocoa Production Market 2.3.1. Market Size By Volume 2.3.2. Market Share By Country 3. India Chocolate Market Outlook 3.1. Market Size By Value 3.1.1. Overall Market 3.1.2. Milk Chocolate Market 3.1.3. White Chocolate Market 3.1.4. Dark Chocolate Market 3.2. Market Size By Volume 3.2.1. Overall Market 3.2.2. Urban Chocolate Market 3.2.3. Rural Chocolate Market 3.3. Market Share 3.3.1. By Company 3.3.2. By Brand 3.3.3. By Region 3.3.4. By Type 3.3.5. By Category 3.4. India Mass/Non-Premium Chocolate Market 3.4.1. Market Size By Value 3.4.2. Market Size By Volume 3.5. India Premium Chocolate Market 3.5.1. Market Size By Value 3.5.2. Market Size By Volume 4. Product Price & Variant Analysis 5. India Economic Profile 6. Policy & Regulatory Landscape 7. PEST Analysis 8. Trade Dynamics 8.1. Import 8.2. Export 9. Channel Partner Analysis 10. India Chocolate Market Dynamics 10.1. Key Drivers 10.2. Key Challenges 11. Market Trends & Developments 11.1. Increasing presence of international brands 11.2. Customization of chocolates for exclusivity and luxury 11.3. New brand launches and extension of product portfolios 11.4. Demand for healthy options like dark and sugar free chocolates 11.5. Chocolates - A Perfect Gift Substitute 12. Competitive Landscape 12.1. Porters Five Forces 12.2. Company Profiles - International Players 12.2.1. Mondelez India Foods Pvt. Ltd. 12.2.2. Nestle India Limited 12.2.3. Ferrero India Pvt. Ltd. 12.2.4. Mars International India Pvt. Ltd. 12.2.5. Hershey India Pvt. Ltd. 12.3. Company Profiles - Domestic Players 12.3.1. Gujarat Cooperative Milk Marketing Federation Ltd. 12.3.2. Lotus Chocolate Company Ltd. 12.3.3. The CAMPCO Ltd. 12.3.4. Parle Products Pvt. Ltd. 12.3.5. ITC Limited 13. Strategic Recommendations 14. Disclaimer

LIST OF FIGURES Figure-1: Global Chocolate Market Size – By Value 2011-2016 (USD Billion) Figure-2: Global Chocolate Market Size Forecast – By Value 2017F-2022F (USD Billion) Figure-3: Europe Chocolate Market Size – By Value 2011-2016 (USD Billion) Figure-4: Europe Chocolate Market Size Forecast – By Value 2017F-2022F (USD Billion) Figure-5: North America Chocolate Market Size – By Value 2011-2016 (USD Billion) Figure-6: North America Chocolate Market Size Forecast – By Value 2017F-2022F (USD Billion) Figure-7: Asia-Pacific Chocolate Market Size – By Value 2011-2016 (USD Billion) Figure-8: Asia-Pacific Chocolate Market Size Forecast – By Value 2017F-2022F (USD Billion) Figure-9: Global Chocolate Market Share – By Company 2016 & 2022F Figure-10: Global Chocolate Market Share – By Region 2016 & 2022F Figure-11: Global Cocoa Production Market Size – By Volume 2011-2016 (Million Metric Ton) Figure-12: Global Cocoa Production Market Share – By Country 2016 & 2022F Figure-13: India Chocolate Market Size – By Value 2011-2016 (INR Crore) Figure-14: India Chocolate Market Size Forecast – By Value 2017F-2022F (INR Crore) Figure-15: India Milk Chocolate Market Size – By Value 2011-2016 (INR Crore) Figure-16: India Milk Chocolate Market Size Forecast – By Value 2017F-2022F (INR Crore) Figure-17: India White Chocolate Market Size – By Value 2011-2022F (INR Crore) Figure-18: India Dark Chocolate Market Size – By Value 2011-2016 (INR Crore) Figure-19: India Dark Chocolate Market Size Forecast – By Value 2017F-2022F (INR Crore) Figure-20: India Chocolate Market Size – By Volume 2011-2022F ('000 Metric Ton) Figure-21: India Urban Chocolate Market Size – By Volume 2011-2016 ('000 Metric Ton) Figure-22: India Urban Chocolate Market Size Forecast – By Value 2017F-2022F ('000 Metric Ton) Figure-23: India Rural Chocolate Market Size – By Volume 2011-2016 ('000 Metric Ton) Figure-24: India Rural Chocolate Market Size Forecast – By Volume 2017F-2022F ('000 Metric Ton) Figure-25: India Chocolate Market Share – By Company 2016 & 2022F Figure-26: India Chocolate Market Share – By Brand 2016 Figure-27: India Chocolate Market Share – By Region 2016 & 2022F Figure-28: India Chocolate Market Share – By Type 2016 & 2022F Figure-29: India Chocolate Market Share – By Category By Value 2016 & 2022F Figure-30: India Chocolate Market Share – By Category By Volume 2016 & 2022F Figure-31: India Mass Chocolate Market Size – By Value 2011-2016 (INR Crore) Figure-32: India Mass Chocolate Market Size Forecast – By Value 2017F-2022F (INR Crore) Figure-33: India Mass Chocolate Market Size – By Volume 2011-2022F ('000 Metric Ton) Figure-34: India Premium Chocolate Market Size – By Value 2011-2016 (INR Crore) Figure-35: India Premium Chocolate Market Size Forecast – By Value 2017F-2022F (INR Crore) Figure-36: India Premium Chocolate Market Size – By Volume 2011-2022F ('000 Metric Ton) Figure-37: Distribution Channel followed by chocolate manufacturers in India Figure-38: India Chocolate Market Share - By Sales Channel By Volume 2016 & 2022F Figure-39: Porter's Five Forces Meter of Indian Chocolate Industry

LIST OF TABLES Table-1: Product, Price and Variant Analysis of Chocolate Brands in India 2016 (Price/100gram) Table-2: India Economic Profile Table-3: Import Duty Structure for Chocolate and Chocolate Products in India 2015-2016 Table-4: Import of Chocolate and Chocolate Products in India – Value & Volume 2011-12 to 2015-16 Table-5: Countries Exporting Chocolate and Chocolate Products to India 2015-16 Table-6: Export of Chocolate and Chocolate Products from India – Value & Volume 2011-12 to 2015-16 Table-7: Countries Importing Chocolate and Chocolate Products from India 2015-16 Table-8: Key Facts of Mondelez India Foods Pvt. Ltd. Table-9: Key Facts of Nestle India Limited Table-10: Key Facts of Ferrero India Pvt. Ltd. Table-11: Key Facts of Mars International India Pvt. Ltd. Table-12: Key Facts of Hershey India Pvt. Ltd. Table-13: Key Facts of Gujarat Cooperative Milk Marketing Federation Ltd. Table-14: Key Facts of Lotus Chocolate Company Ltd. Table-15: Key Facts of The CAMPCO Ltd. Table-16: Key Facts of Parle Products Pvt. Ltd. Table-17: Key Facts of ITC Limited

Single User LicenseHard CopySite LicenseGlobal License
Users/ Sharing Restricted to 10 Authorized Users Unlimited within the Geography Unlimited within the Geography Unlimited within any geography
Delivery Formats
Content Citation
Printing/Copy Unlimited within Company / Enterprise Unlimited within Company / Enterprise
10% Pre-sale customization
16 Hours post sales support
Free report on update within 100 days from purchase date

Bonafide Research & Marketing shall grant the user a worldwide, non-exclusive, non-transferable license. User can opt for -

Single User License (Electronic):Access to the content will be granted to 10 authorized users within the organization. The Authorized User may store, display or archive the information but is not allowed to print, copy or use any information in the report for circulation or citation purpose. The individual user will treat the information in the report as confidential and will only use this for internal purpose. The report will be emailed to you in PDF format.

Enterprise wide (Hard Copy):Access to the content will be granted to all authorized users within the organization. The individual user will treat the information in the report as confidential and will only use this for internal purpose. Please add $250 when purchasing the Report in order to get the printed version.

Site License (Electronic):Access to the content will be granted to all the authorised within the organization. The users are authorized to store, display, duplicate, archive the information within the organization either electronically or printable files. The users are not authorized to use any information in the report for citation and circulation externally. The users will treat the information in the report as confidential and will only use this for internal purpose.

Enterprise Wide License (Electronic):The report will be emailed to you in PDF format and hard copy format. This is an enterprise license, allowing all employees within your organization access to the product. The company can use the data / information externally but they need to mention source as Bonafide Research

Whether a single user or a multi user, you are not permitted to -

  • Transmit by any means, or permit any third party to use and/or gain access to an electronic copy of the Product;
  • Resell, sub-license, rent, lease, transfer or attempt to assign the rights in the Product (in whole or in part) to any third party;
  • Modify or alter the Product or create a database in electronic or structured manual form by systematically downloading and storing any of the content from such Product other than for internal business purposes;
  • Download, store, reproduce, transmit, display, copy, distribute, commercially exploit or use the Product other than as expressly permitted above; and use the Product in any manner that would contravene the T&Cs contained in these License Terms or that would contravene law in any other jurisdiction.

Impactful Insights

Every project that comes through our doors gets senior-level attention at every step of the way. Our insights drive intelligent and informed decision-making and this is why our clients come back to us when it's time for the next project.

  • Bonafide Research's market reports are a combination of primary interviews of industry experts, traders, distributors, consumers as well as secondary inputs from company financials, press releases, associations, trade journals, paid databases, government sources etc.
  • We collect up-to-date and accurate information by conducting online surveys and exhaustive personal interviews to extract maximum information possible.
  • Application of critical analysis is done to cut through the hype and get the truth behind it.
  • Bonafide Research also carries dealer-distributor research surveys which are conducted with suppliers, manufacturers, whole-sellers, retailers and distributors to extract the authentic market data.
  • We scrutinize various published documents from different key sources in order to validate the data gaps and verify the information being collected through primary research surveys.
  • Fitting strategic recommendations are provided.

Outlook and Overview Reports!!

  • Outlookreports gives an in-depth understanding of the market
  • Overviewreports are published mainly for the price conscious clients.

Superior service:

  • Pre sales 10% customization, 16 Hours Post sales support
  • Updated version within 100 days from your purchase?? Get the free!!!

Simplified Pricing Strategy:

  • Single User + $250 = Hard copy
  • Hard Copy+ $250 = Site license
  • Site license + $700 = Global License
  • Get Free Shipping on Hard Copies of the Report

Discounts & benefits!!!

  • First time buyers?? Check product page and avail up to 10%discount.This discount is automatically generated by system and is completely variable, independent of any bias.
  • Buy 2 reports in one transaction?? Get 20% off on the low price variant.
  • Buy 3 Reports, Get 50% Discount on the Third low price variant.
  • Existing clients, additional 5% discount over and above all discounts!!!

Related Products

Japan Chocolate Market Outlook, 2022 Confectionary -> Chocolate
Read More

India Chocolate Market Overview, 2016-2022 Confectionary -> Chocolate
Read More

Compare 0