India Chocolate Market Size, Share, Demand & Growth Forecast 2020-2025

 According to IMARC Group’s latest report, titled “India Chocolate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the India chocolate market reached a value of US$ 1,682 Million in 2019. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2020-2025.

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Chocolate, extracted from the roasted cacao seeds, is primarily used in confectioneries and bakery products. The surging demand for chocolates in the food and beverage industry is one of the major factors augmenting the India chocolate market growth. Furthermore, the wide availability of chocolates in different forms, such as dark chocolate, chocolate syrup, milk chocolate, sprinkles, etc., also propels the product demand across the country. Additionally, the rising popularity of molded chocolates in innovative solid shapes and sizes, further drives the Indian chocolate market growth.


Growth Drivers:

The changing consumer inclination towards newer chocolate variants infused with additional flavors is currently driving the product demand in India. Moreover, the rising consumer awareness towards several health benefits associated with dark chocolate, further bolsters the Indian chocolate market growth. Besides this, the emergence of the e-commerce sector in India has allowed chocolate manufacturers to efficiently conduct business-to-consumer operations, thereby expanding their consumer base. Additionally, changing tastes and preferences of the health-conscious consumers have led to the introduction of gluten-free chocolates in the market. Furthermore, the premiumization of chocolate-based products, along with the increasing penetration of innovative packaging, is further expected to boost the India chocolate market growth.

India Chocolate Market 2020-2025 Competitive Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the India chocolate market has been studied in the report with the detailed profiles of the key players operating in the market. 

Some of these key players include:

Mondelez India Foods Private Limited

Ferrero India Private Limited

Nestlé India Limited

Mars International India Private Limited

Gujarat Cooperative Milk Marketing Federation Ltd.

Hershey India Private Limited

Global Consumer Products Private Limited

The report has segmented the India chocolate market on the basis of region, type, product form, packaging type and distribution channel.

Market Breakup by Region

North India

East India

West and Central India

South India


Market Breakup by Type

Milk Chocolate

Dark Chocolate

White Chocolate


Market Breakup by Product Form

Moulded

Countline

Others


Market Breakup by Packaging Type

Pouches and Bags

Boxed Chocolate

Others


Market Breakup by Distribution Channel

Retail Sales

Institutional Sales


Do you have any query or specific requirement? Ask to our industry expert @ https://www.imarcgroup.com/request?type=report&id=1185&flag=F


Key highlights of the report:

Market Performance (2014-2019) 

Market Outlook (2020- 2025)

The Impact of COVID-19 on the Global Market

Market Drivers and Success Factors

Market Trends

Value Chain Analysis

Porters Five Forces Analysis

PESTEL Analysis

Comprehensive mapping of the competitive landscape

Government Regulations

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Related Report:

https://www.imarcgroup.com/ghee-market-india 

https://www.imarcgroup.com/indian-organic-food-market 

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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