Aarkstore announces the publication of its Research Report “The total chocolate market in India has grown with 18% CAGR.”


Posted March 9, 2019 by rajeshri

Milk chocolates have been always popular in India and contribute more than 70% of the total chocolate market.

 
The report titled "India Chocolate Market Overview, 2018-2023" provides a comprehensive analysis of the chocolate market in India. The report offers a complete guide to the size and share of the market at a national level. Along with historical data, it also provides the latest sales data - thus allowing you to identify the market segments driving growth. The report also identifies leading companies and brands, along with examining competition among them. Forecasts through four years demonstrate how the market is set to change in the coming years. The employs comprehensive and iterative research methodology focused on minimizing errors in order to provide the most accurate estimates and forecast possible.
India Chocolate Market Overview, 2018-2023

The total chocolate market has grown with 18% CAGR from 2011-12 to 2016-17 in value terms. In volume terms, it is predicted to have a growth rate of around XX% during the forecast period. The market is divided into two major categories i.e. mass market and premium market. It has three product viz. Dark chocolate, White chocolate, and Milk chocolate. Milk chocolates have been always popular in India and contribute more than 70% of the total chocolate market. Today, chocolates are among the most demanded products in India and there are several renowned companies manufacturing premium to moderate quality chocolate products. Player’s likes Mondelez India (Cadbury’s), Ferrero and Nestle India have quite a stronghold.

Major companies operating in the industry are
Mondelez India Foods Pvt. Ltd.
Nestle India Limited
Ferrero India Pvt. Ltd.
Mars International India Pvt. Ltd.
Hershey India Pvt. Ltd.
Gujarat Cooperative Milk Marketing Federation Ltd.
Lotus Chocolate Company Ltd.
CAMPCO Ltd.

Considered for the Report:
Geography: India
Base Year: FY 2016-17
Estimated Year: FY 2017-18
Forecast Year: FY 2022-23

The objective of the study:
• To present a global and Indian overview of the chocolate industry.
• To analyze and forecast the market size of India chocolate, in terms of value as well as volume.
• To define, classify and forecast chocolate market on the basis of segments like Dark chocolate, Milk Chocolate, and White Chocolate; Mass Chocolate & Premium Chocolate
• To strategically profile leading players, which are operating in the Chocolate industry of India

Approach for the Report:
It performed primarily as well as secondary research for this study. Initially, a list of manufacturers and suppliers operating in the Chocolate market of India were sourced through secondary sources. With the identified companies and consumers, primary research was carried out which included conducting online surveys, competitor analysis, and exhaustive personal interviews - both face to face as well as the telephonic basis, to extract maximum information from participants like industry executives/ distributors or consumers. Primary research gave us an idea of company revenues, export, pricing, geographical presence, channel partner model, USP etc. and also helped us to identify various small players who otherwise have less presence on the web.

It seeks secondary data from third-party sources such as published articles, company websites, magazine articles, associations, trade journals, annual reports, government official websites, and other paid database sources. In addition, data is also mined from a host of reports in our repository, as well as a number of paid databases of the Indian government. Using both primary and secondary information, it calculated the market size through a bottom-up approach, where manufacturers’ value sales data for different types of Chocolate products were recorded and subsequently forecasted for the future years.

The scope of the Report:
“India Chocolate Overview, 2018-2022” discusses the following aspects of the Chocolate market in India:
- India Chocolate Market Size By Value & Forecast
- India Dark Chocolate Market Size By Value, Volume & Forecast
- India Milk Chocolate Market Size By Value, Volume & Forecast
- India White Chocolate Market Size By Value, Volume & Forecast
- India Chocolate Segmental Analysis: By Product Type, By Company
- Key Vendors in this market space

Intended Audience:
This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to sanitary napkin industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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About Aarkstore
Aarkstore Enterprise is among global marketing research companies dealing in resale of market reports across different industries and countries. We help serve thousands of clients annually with syndicated, custom market research and consulting.

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Issued By Aarkstore Market Research
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Business Address NMS Titanium, Office No.808, 8th Floor, Plot No.74, Sector 15, CBD Belapur, Navi Mumbai- 400614, Maharashtra, INDIA.
Country India
Categories Agriculture , Food
Tags chocolate market in india , dark chocolate market , food and beverage market , india chocolate industry , india chocolate market , indian chocolate outlook , milk chocolate market , white chocolate market
Last Updated March 9, 2019