ValueNotes presents a research report on the chocolate industry in India. This industry report covers intelligence on the market size, growth, industry trends, industry attractiveness, and Porter’s analysis. The report covers fiscal years 2014 through 2019.The Indian chocolate industry has come a long way. The per capita consumption of chocolates has almost trebled 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.
Key Findings:
- The chocolate industry in India, valued at INR 58bn (~USD 966mn) in FY 2014, has been growing at a CAGR of ~15% over the last three years. ValueNotes estimates that the industry will be worth nearly INR 122bn (~USD 2,033mn) by FY 2019, growing at a CAGR of ~16% - The chocolate industry can be segmented by the type of ingredients which is used to produce the chocolates. This includes dark, milk and white chocolates. - Increasing disposable income, changing lifestyle, rising trend of gifting chocolates instead of traditional Indian sweets, and a surge in the sale of dark chocolates are expected to drive the industry growth - Latest trends witnessed in the industry reveal that companies are constantly engaged in improving the packaging and adapting the flavour of the chocolate according to the taste of the consumers - Manufacturers are increasing their investment in the cold chain facilities across the country
The report includes profiles of the top-5 players with a brief overview about their service offerings, key financial ratios, expansion strategies, etc.
Our reports have been used by over 10K customers, including:
247 pages •
By Euromonitor International
• Dec 2020
In New Zealand, sales of packaged food in terms of retail volume and current value are expected to see a strong increase in 2020. Part of the growth is a result of changing consumer habits because of Coronavirus (COVID-19) restrictions, such as stockpiling on pantry essentials and changes in lifestyles that resulted in more eating occasions...
225 pages •
By Euromonitor International
• Dec 2020
During 2020, the government of Peru implemented a number of measures to limit the spread of COVID-19, including several months of lockdown restrictions, where residents were forced to remain at expect for essential travel in order to limit the transmission of the virus in the community. The introduction of the lockdown period saw a spike in...
249 pages •
By Euromonitor International
• Dec 2020
COVID-19 has had a significant impact on the packaged food industry in 2020. Foodservice closures and capacity limitations to prevent the spread of the virus have led to large spikes in retail demand for packaged food, at the expense of foodservice sales. Eating occasions have shifted into the home, and this has changed the way consumers eat...
242 pages •
By Euromonitor International
• Dec 2020
Due to the outbreak of COVID-19 in Switzerland, the government installed regulations and restrictions from 13 March, prohibiting large gatherings. On 16 March, non-essentials shops and entertainment locations were closed, including foodservice outlets. Foodservice venues were closed for dine-in customers until May, only able to provide takeaway...
200 pages •
By Euromonitor International
• Feb 2021
Many areas of packaged food benefited from stockpiling in early-2020 in response to concerns over potential product shortages due to the impact of the COVID-19 pandemic. Many consumers also stocked up as they sought to minimise shopping trips away-from-home. This led to a surge in demand in early-2020 for products including rice, packaged...
225 pages •
By Euromonitor International
• Dec 2020
Back-to-basics will be the overriding theme in Croatian packaged food during 2020. The number of unemployed people is rising, many more are scared of losing their jobs, the local tourism industry has been devastated by the pandemic, and a significant number of households have seen a decline in their disposable income.
Packaged Food...
208 pages •
By Euromonitor International
• Jan 2021
COVID-19 will have a significant effect on demand for packaged food in Uzbekistan during 2020. The economic instability it engendered has led to an acceleration in the country’s already rapid rate of consumer price inflation during the spring by means of a depreciation in the foreign-exchange value of the Uzbek som. The pandemic also lead...
218 pages •
By Euromonitor International
• Dec 2020
COVID-19 will strongly impact packaged food in 2020 as consumers remain at home to avoid catching the virus and the economic climate worsens. While there was no official quarantine in Belarus in 2020, and local producers have continued to work throughout the pandemic, the country’s packaged food industry has still been heavily impacted. For...
226 pages •
By Euromonitor International
• Dec 2020
An initial 2-month nationwide lockdown announced from March 2020 by the government in an attempt to control the spread of COVID-19 in the Philippines resulted in early stockpiling tendencies amongst many local consumers who were concerned about essential staple foods being out of stock in grocery retailers.
Packaged Food in Philippines...
241 pages •
By Euromonitor International
• Jan 2021
The COVID-19 pandemic has been the main driver for retail sales growth in basic Brazilian packaged food categories as consumers have prioritised essential household items such as rice, pasta, sauces and dairy products. Consumption of baked goods has been benefiting from home seclusion, as well as a certain amount of stockpiling, during the...
Processed Food
Packaged Food
Ice Cream
Frozen Food
Baby Food
Chocolate
Candy
Gum
World
Soup Sales
Chocolate Sales
By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them.
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.