India Chocolate Market Outlook, 2023
Christmas is all about cold snow, warm sweaters, bright lights & CHOCOLATES. Christmas and chocolates go hand in hand since its origin December 25, is the day when christmas is celeberated all over the world, be it children or adults or age olds. Jesus chose to be born on the shortest day of the year for symbolic reasons, according to an early Christmas sermon. Christmas Day is celebrated as a major festival and public holiday in countries around the world, including many whose populations are mostly non-Christian. The traditional colors of Christmas decorations are red, green, and gold. Red symbolizes the blood of Jesus, which was shed in his crucifixion, while green symbolizes eternal life, and in particular the evergreen tree, which does not lose its leaves in the winter, and gold is the first color associated with Christmas, as one of the three gifts of the Magi, symbolizing royalty.
Christmas is all about cold snow, warm sweaters, bright lights & CHOCOLATES.
Christmas and chocolates go hand in hand since its origin
December 25, is the day when christmas is celeberated all over the world, be it children or adults or age olds. Jesus chose to be born on the shortest day of the year for symbolic reasons, according to an early Christmas sermon. Christmas Day is celebrated as a major festival and public holiday in countries around the world, including many whose populations are mostly non-Christian.
The traditional colors of Christmas decorations are red, green, and gold. Red symbolizes the blood of Jesus, which was shed in his crucifixion, while green symbolizes eternal life, and in particular the evergreen tree, which does not lose its leaves in the winter, and gold is the first color associated with Christmas, as one of the three gifts of the Magi, symbolizing royalty.
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<strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> <strong>Outlook</strong>, <strong>2023</strong> Page - 1/8
Publisher 10 Type 1<br />
Product Code 180920011 Region 4<br />
Pages 144 Country 101<br />
Published Date 30-09-2018 Category 5<br />
DESCRIPTION OF THE REPORT:<br />
.<br />
<strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> <strong>Outlook</strong>, <strong>2023</strong>' gives a comprehensive analysis on the <strong>Chocolate</strong> industry of<br />
<strong>India</strong>. In <strong>India</strong>, the hygiene products market has shown an explosive growth in recent years. The key<br />
growth drivers of chocolate industry in <strong>India</strong> are tradition of gifting sweets, shifting in consumer<br />
preference from traditional mithai to chocolates, rising income levels and attractive pricing which is<br />
suitable for every pocket. The urban <strong>India</strong> and tier I, II cities have woken up to the fad of chocolate being<br />
considered as a gift proposition. While even till few years back sweets were the only option in delicacy<br />
gifting, overt media exposure and smart marketing techniques have positioned chocolates as an<br />
alternative.<br />
According to report, '<strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> <strong>Outlook</strong>, <strong>2023</strong>' published by Bonafide Research, total<br />
chocolate market has grown with 18% CAGR from 2011-12 to 2016-17 in value terms. In volume terms,<br />
it is predicted to have growth rate around XX% during forecast period. Total chocolate market is<br />
segmented into two broad categories i.e. Mass and Premium. It has three product viz. Dark chocolate,<br />
White chocolate and Milk chocolate. Milk chocolates have been always popular in <strong>India</strong> and contribute<br />
more than 70% of the total chocolate market.<br />
Covered in the report:<br />
• <strong>India</strong> chocolate <strong>Market</strong><br />
• <strong>India</strong> Milk <strong>Chocolate</strong><br />
• <strong>India</strong> White <strong>Chocolate</strong><br />
• <strong>India</strong> Dark <strong>Chocolate</strong><br />
• <strong>India</strong> Mass <strong>Chocolate</strong><br />
• <strong>India</strong> Premium <strong>Chocolate</strong><br />
"<strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> <strong>Outlook</strong>, <strong>2023</strong>" discusses the following aspects of <strong>Chocolate</strong> in <strong>India</strong>:<br />
- Global <strong>Chocolate</strong> <strong>Market</strong> Size By Value & Forecast<br />
- North America <strong>Chocolate</strong> <strong>Market</strong> Size By Value & Forecast<br />
- Asia Pacific <strong>Chocolate</strong> <strong>Market</strong> Size By Value & Forecast<br />
- Europe <strong>Chocolate</strong> <strong>Market</strong> Size By Value & Forecast<br />
- Global <strong>Chocolate</strong> Segmental Analysis: By Region, By Company<br />
- <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> Size By Value & Forecast<br />
- <strong>India</strong> Milk <strong>Chocolate</strong> <strong>Market</strong> Size By Value, Volume & Forecast<br />
- <strong>India</strong> Dark <strong>Chocolate</strong> <strong>Market</strong> Size By Value, Volume & Forecast<br />
- <strong>India</strong> White <strong>Chocolate</strong> <strong>Market</strong> Size By Value, Volume & Forecast<br />
- <strong>India</strong> Mass <strong>Chocolate</strong> <strong>Market</strong> Size By Value, Volume & Forecast<br />
- <strong>India</strong> Premium <strong>Chocolate</strong> <strong>Market</strong> Size By Value, Volume & Forecast<br />
- <strong>India</strong> <strong>Chocolate</strong> Segmental Analysis: By Type, By Company, By Brand, By Region<br />
- Key Vendors in this market space<br />
This report can be useful to Industry consultants, manufacturers and other stakeholders to align their<br />
market-centric strategies. In addition to marketing & presentations, it will also increase competitive<br />
knowledge about the industry.<br />
<strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> <strong>Outlook</strong>, <strong>2023</strong> Page - 2/8
Report Methodology<br />
The information contained in this report is based upon both primary and secondary research. Primary<br />
research included interviews with various channel partners of <strong>Chocolate</strong> in <strong>India</strong>. Secondary research<br />
included an exhaustive search of relevant publications like company annual reports, financial reports<br />
and proprietary databases.<br />
Please get in touch with our sales team in order to find out more.<br />
<strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> <strong>Outlook</strong>, <strong>2023</strong> Page - 3/8
TABLE OF CONTENTS<br />
.<br />
TABLE OF CONTENTS<br />
1. Executive Summary<br />
2. Global <strong>Chocolate</strong> <strong>Market</strong> <strong>Outlook</strong><br />
2.1. <strong>Market</strong> Size By Value<br />
2.1.1. Overall <strong>Market</strong><br />
2.1.2. Europe <strong>Chocolate</strong> <strong>Market</strong><br />
2.1.3. North America <strong>Chocolate</strong> <strong>Market</strong><br />
2.1.4. Asia-Pacific <strong>Chocolate</strong> <strong>Market</strong><br />
2.2. <strong>Market</strong> Share<br />
2.2.1. By Company<br />
2.2.2. By Region<br />
2.3. Global Cocoa Production <strong>Market</strong><br />
2.3.1. <strong>Market</strong> Size By Volume<br />
2.3.2. <strong>Market</strong> Share By Country<br />
3. <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> <strong>Outlook</strong><br />
3.1. <strong>Market</strong> Size By Value<br />
3.1.1. Overall <strong>Market</strong><br />
3.1.2. Milk <strong>Chocolate</strong> <strong>Market</strong><br />
3.1.3. White <strong>Chocolate</strong> <strong>Market</strong><br />
3.1.4. Dark <strong>Chocolate</strong> <strong>Market</strong><br />
3.2. <strong>Market</strong> Size By Volume<br />
3.2.1. Overall <strong>Market</strong><br />
3.2.2. Milk <strong>Chocolate</strong> <strong>Market</strong><br />
3.2.3. White <strong>Chocolate</strong> <strong>Market</strong><br />
3.2.4. Dark <strong>Chocolate</strong> <strong>Market</strong><br />
3.3. <strong>Market</strong> Share<br />
3.3.1. By Company<br />
3.3.2. By Brand<br />
3.3.3. By Region<br />
3.3.4. By Type<br />
3.3.5. By Category(Value & Volume)<br />
3.3.6. By Demographic(Value & Volume)<br />
3.3.7. By Distribution Channel (Value & Volume)<br />
3.3.8. By <strong>Chocolate</strong> Type (Value & Volume)<br />
3.4. Urban <strong>Chocolate</strong> <strong>Market</strong><br />
3.4.1. By Value<br />
3.4.2. By Volume<br />
3.5. Rural <strong>Chocolate</strong> <strong>Market</strong><br />
3.5.1. By Value<br />
3.5.2. By Volume<br />
3.6. <strong>India</strong> Mass/Non-Premium <strong>Chocolate</strong> <strong>Market</strong><br />
3.6.1. <strong>Market</strong> Size By Value<br />
3.6.2. <strong>Market</strong> Size By Volume<br />
3.7. <strong>India</strong> Premium <strong>Chocolate</strong> <strong>Market</strong><br />
3.7.1. <strong>Market</strong> Size By Value<br />
3.7.2. <strong>Market</strong> Size By Volume<br />
4. Product Price & Variant Analysis<br />
4.1. Bar <strong>Chocolate</strong><br />
4.2. Assorted <strong>Chocolate</strong><br />
5. <strong>India</strong> Economic Profile<br />
<strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> <strong>Outlook</strong>, <strong>2023</strong> Page - 4/8
6. Raw Material<br />
7. <strong>Chocolate</strong> Making Procedure<br />
8. Policy & Regulatory Landscape<br />
9. PEST Analysis<br />
10. Trade Dynamics<br />
10.1. Import<br />
10.2. Export<br />
11. Channel Partner Analysis<br />
12. <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> Dynamics<br />
12.1. Key Drivers<br />
12.2. Key Challenges<br />
13. <strong>Market</strong> Trends & Developments<br />
13.1. Increasing presence of international brands<br />
13.2. Customization of chocolates for exclusivity and luxury<br />
13.3. New brand launches and extension of product portfolios<br />
13.4. Demand for healthy options like dark and sugar free chocolates<br />
13.5. <strong>Chocolate</strong>s - A Perfect Gift Substitute<br />
14. Competitive Landscape<br />
14.1. Porters Five Forces<br />
14.2. Company Profiles - International Players<br />
14.2.1. Mondelez <strong>India</strong> Foods Pvt. Ltd.<br />
14.2.2. Nestle <strong>India</strong> Limited<br />
14.2.3. Ferrero <strong>India</strong> Pvt. Ltd.<br />
14.2.4. Mars International <strong>India</strong> Pvt. Ltd.<br />
14.2.5. Hershey <strong>India</strong> Pvt. Ltd.<br />
14.2.6. Lindt <strong>India</strong><br />
14.3. Company Profiles - Domestic Players<br />
14.3.1. Gujarat Cooperative Milk <strong>Market</strong>ing Federation Ltd.<br />
14.3.2. Lotus <strong>Chocolate</strong> Company Ltd.<br />
14.3.3. The CAMPCO Ltd.<br />
14.3.4. Global Consumer Products Private Limited<br />
15. Strategic Recommendations<br />
16. Disclaimer<br />
Browse the complete Report ( Click Here )<br />
<strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> <strong>Outlook</strong>, <strong>2023</strong> Page - 5/8
LIST OF FIGURES & TABLES<br />
LIST OF FIGURES<br />
Figure-1: Global <strong>Chocolate</strong> <strong>Market</strong> Size – By Value 2012-2017 (USD Billion)<br />
Figure-2: Global <strong>Chocolate</strong> <strong>Market</strong> Size Forecast – By Value 2018F-<strong>2023</strong>F (USD Billion)<br />
Figure-3: Europe <strong>Chocolate</strong> <strong>Market</strong> Size – By Value 2012-2017 (USD Billion)<br />
Figure-4: Europe <strong>Chocolate</strong> <strong>Market</strong> Size Forecast – By Value 2018F-<strong>2023</strong>F (USD Billion)<br />
Figure-5: North America <strong>Chocolate</strong> <strong>Market</strong> Size – By Value 2012-2017 (USD Billion)<br />
Figure-6: North America <strong>Chocolate</strong> <strong>Market</strong> Size Forecast – By Value 2018F-<strong>2023</strong>F (USD Billion)<br />
Figure-7: Asia-Pacific <strong>Chocolate</strong> <strong>Market</strong> Size – By Value 2012-2017 (USD Billion)<br />
Figure-8: Asia-Pacific <strong>Chocolate</strong> <strong>Market</strong> Size Forecast – By Value 2018F-<strong>2023</strong>F (USD Billion)<br />
Figure-9: Global <strong>Chocolate</strong> <strong>Market</strong> Share – By Company 2017<br />
Figure-10: Global <strong>Chocolate</strong> <strong>Market</strong> Share – By Region 2017 & <strong>2023</strong>F<br />
Figure-11: Global Cocoa Production <strong>Market</strong> Size – By Volume 2010-11 to 2015-2016 (Million Metric Ton)<br />
Figure-12: Global Cocoa Production <strong>Market</strong> Share – By Country 2015-2016<br />
Figure-13: <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> Size – By Value 2012-2017 (INR Crore)<br />
Figure-14: <strong>India</strong> Milk <strong>Chocolate</strong> <strong>Market</strong> Size – By Value 2012-2017 (INR Crore)<br />
Figure-15: <strong>India</strong> White <strong>Chocolate</strong> <strong>Market</strong> Size – By Value 2012-<strong>2023</strong>F (INR Crore)<br />
Figure-16: <strong>India</strong> Dark <strong>Chocolate</strong> <strong>Market</strong> Size – By Value 2012-2017 (INR Crore)<br />
Figure-17: <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> Size – By Volume 2012-<strong>2023</strong>F ('000 Metric Ton)<br />
Figure-18: <strong>India</strong> Milk <strong>Chocolate</strong> <strong>Market</strong> Size – By Volume 2012-2017 ('000 Metric Ton)<br />
Figure-19: <strong>India</strong> White <strong>Chocolate</strong> <strong>Market</strong> Size – By Volume 2012-<strong>2023</strong>F ('000 Metric Ton)<br />
Figure-20: <strong>India</strong> Dark <strong>Chocolate</strong> <strong>Market</strong> Size – By Volume 2012-2017 ('000 Metric Ton)<br />
Figure-21: <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> Share – By Company 2017<br />
Figure-22: <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> Share – By Brand 2017<br />
Figure-23: <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> Share – By Region 2017 & <strong>2023</strong>F<br />
Figure-24: <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> Share – By Type 2017 & <strong>2023</strong>F<br />
Figure-25: <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> Share – By Category By Value 2017 & <strong>2023</strong>F<br />
Figure-26: <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> Share – By Category By Volume 2017 & <strong>2023</strong>F<br />
Figure-27: <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> Share – By Value Demographic 2017 & <strong>2023</strong>F<br />
Figure-28: <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> Share – By Volume Demographic 2017 & <strong>2023</strong>F<br />
Figure-29: <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> Share – By Distribution Channel 2017 & <strong>2023</strong>F<br />
Figure-30: <strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> Share – By <strong>Chocolate</strong> Type 2017<br />
Figure-31: <strong>India</strong> Urban <strong>Chocolate</strong> <strong>Market</strong> Size – By Value 2012-2017 (INR Crore)<br />
Figure-32: <strong>India</strong> Urban <strong>Chocolate</strong> <strong>Market</strong> Size – By Volume 2012-2017 ('000 Metric Ton)<br />
Figure-33: <strong>India</strong> Rural <strong>Chocolate</strong> <strong>Market</strong> Size – By Value 2012-2017 (INR Crore)<br />
Figure-34: <strong>India</strong> Rural <strong>Chocolate</strong> <strong>Market</strong> Size – By Volume 2012-2017 ('000 Metric Ton)<br />
Figure-35: <strong>India</strong> Mass <strong>Chocolate</strong> <strong>Market</strong> Size – By Value 2012-2017 (INR Crore)<br />
Figure-36: <strong>India</strong> Mass <strong>Chocolate</strong> <strong>Market</strong> Size Forecast – By Value 2018F to <strong>2023</strong>F (INR Crore)<br />
Figure-37: <strong>India</strong> Mass <strong>Chocolate</strong> <strong>Market</strong> Size – By Volume 2012-<strong>2023</strong>F ('000 Metric Ton)<br />
Figure-38: <strong>India</strong> Premium <strong>Chocolate</strong> <strong>Market</strong> Size – By Value 2012-2017 (INR Crore)<br />
Figure-39: <strong>India</strong> Premium <strong>Chocolate</strong> <strong>Market</strong> Size Forecast – By Value 2017F-2022F (INR Crore)<br />
Figure-40: <strong>India</strong> Premium <strong>Chocolate</strong> <strong>Market</strong> Size – By Volume 2012-<strong>2023</strong>F ('000 Metric Ton)<br />
Figure-41: Global Cocoa Production <strong>Market</strong> Share– By Country 2016<br />
Figure-42: Manufacturing Process of <strong>Chocolate</strong><br />
Figure-43: Total Import of <strong>Chocolate</strong> – By Volume 2012-13 to 2017-18 (In '000 Kg)<br />
Figure-44: Total Import of <strong>Chocolate</strong> – By Value 2012-13 to 2017-18 (INR Crore)<br />
Figure-45: Total Export of <strong>Chocolate</strong> – By Volume 2010-2015 (Tonnes)<br />
Figure-46: Total Export of <strong>Chocolate</strong> – By Value 2012-13 to 2017-18 (INR Crore)<br />
Figure-47: Distribution Channel followed by chocolate manufacturers in <strong>India</strong><br />
Figure-48: Porter's Five Forces Meter of <strong>India</strong>n <strong>Chocolate</strong> Industry<br />
<strong>India</strong> <strong>Chocolate</strong> <strong>Market</strong> <strong>Outlook</strong>, <strong>2023</strong> Page - 6/8
LIST OF TABLES<br />
Table-1: Product Price Variant Analysis of <strong>Chocolate</strong> In <strong>India</strong> 2016-17<br />
Table-2: Product Price Variant Analysis of <strong>Chocolate</strong> In <strong>India</strong> 2016-17<br />
Table-3: <strong>India</strong> Economic Profile – 2015<br />
Table-4: HS Code Structure for <strong>Chocolate</strong>s in <strong>India</strong> 2017-18<br />
Table-5: Import Duty Structure for <strong>Chocolate</strong>s in <strong>India</strong> 2017-18<br />
Table-6: Key Facts of Mondelez <strong>India</strong> Foods Private Limited<br />
Table-7: Key Factsof Nestle <strong>India</strong> Ltd.<br />
Table-8: Key Facts of Ferrero <strong>India</strong> Pvt. Ltd.<br />
Table-9: Key Facts of Mars International <strong>India</strong> Pvt. Ltd.<br />
Table-10: Key Facts of Hershey <strong>India</strong> Pvt. Ltd.<br />
Table-11: Key Facts of Lindt <strong>India</strong><br />
Table-12: Key Facts of GCMMF<br />
Table-13: Key Facts of Lotus <strong>Chocolate</strong> Company Limited<br />
Table-14: Key Facts of The CAMPCO Ltd.<br />
Table-15: Key Facts of Global Consumer Products Pvt. Ltd<br />
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