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India Chocolate Market 2016 Share, Trend, Segmentation and Forecast to 2021

Tuesday, November 15, 2016 2:49
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(Before It's News)

Chocolate is a typically sweet, usually brown, food preparation of cocoa beans, roasted and ground, often flavoured, as with vanilla. It is made in the form of a liquid, paste or in a block or used as a flavouring ingredient in other sweet foods. Chocolate has become one of the most popular food types and flavours in the world, and a vast number of foodstuffs involving chocolate have been created. 

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India chocolate market is growing with a CAGR of 16.13% from last seven years and is projected to grow even at a higher rate in future. The industry has a positive outlook due to exceptional growth in the confectionery industry, rising per capita income and gifting culture in the country. The per capita consumption of chocolates has almost doubled from 2005 to 2012. Over the years, changes in consumers’ preferences and lifestyle, eating habits, and their global exposure to international brands have given a boost to the chocolate industry. 

According to “India Chocolate Market Outlook, 2021”, chocolate market in India is expected to grow at a CAGR of 10.77% till 2021. Milk chocolate accounts for majority of the revenues in the chocolate market but growing popularity of dark chocolate is anticipated to decrease its revenues in near future. Market share of premium chocolate is anticipated to increase upto 45% in the overall chocolate market, as the purchasing power and the disposable income of people in the country rises. The report reveals that Cadbury, Nestle and Ferrero are the leading players in India chocolate market. Cadbury and Nestle together account for majority of the chocolate market but Ferrero is expected to overtake Nestle in next few years with increasing popularity of Ferrero Rocher and Kinder Joy.

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Key points in table of content

1. Executive Summary 
2. Global Chocolate Market Outlook 

    2.1. Market Size – By Value 
      2.1.1. Chocolate Market 
      2.1.2. Premium Chocolate Market 
    2.2. Market Share 
      2.2.1. By Company 
      2.2.2. By Region 
      2.2.3. By Segment 
      2.2.4. By Developed Countries Consumption 
      2.2.5. By Developing Countries Consumption 
    2.3. Pricing Analysis 
3. India Chocolate Market Outlook 
    3.1. Market Size – By Value 
      3.1.1. Chocolate Market 
      3.1.2. Premium Chocolate Market 
    3.2. Market Share 
      3.2.1. By Company 
      3.2.2. By Area 
      3.2.3. By Region 
      3.2.4. By Segment 
      3.2.5. By Chocolate Brands 
      3.2.6. By Age Distribution 
    3.3. Pricing Analysis 
4. India Economic Profile 2014 
5. Manufacturing Plans of Major Players 
6. Chocolate Making Procedure 
7. Raw Material 
8. Organized Vs Unorganized Market 
9. PEST Analysis 
10. Policy & Regulatory Landscape 
11. Trade Dynamics 

    11.1. Import 
    11.2. Export 
12. Channel Partner Analysis 
13. India Chocolate Market Dynamics 

    13.1. Key Drivers 
    13.2. Key Challenges 
14. Market Trends & Developments 
    14.1. Gifting Chocolates Instead of Traditional Sweets 
    14.2. Innovation and Uniqueness 
    14.3. Popularity of Chocolate Boutique and Handmade Chocolates 
    14.4. Customized Services 
    14.5. Growing Demand for Healthy Options especially dark chocolates 
    14.6. Variety in Flavours 
15. Competitive Landscape 
    15.1. Porters Five Forces 
    15.2. Company Profiles 
      15.2.1. Mondelez India Foods Private Limited 
      15.2.2. Nestle India Ltd. 
      15.2.3. Ferrero India Pvt. Ltd. 
      15.2.4. Mars International India Pvt. Ltd 
      15.2.5. Amul 
      15.2.6. The CAMPCO Ltd. 
      15.2.7. Hershey India Pvt. Ltd. 
      15.2.8. Lindt & Sprungli 
      15.2.9. Lotus Chocolate Company Ltd. 
      15.2.10. Schmitten 
16. Strategic Recommendations 
17. Disclaimer

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