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India Chocolate Market to Witness 16% CAGR until 2023: TechSci Research

12-07-2018 01:08 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: TechSci Research

Chocolate Market 2023

Chocolate Market 2023

Stringent government regulations for emission control, growing natural gas production and aging natural gas infrastructure to drive global virtual pipeline and plug-and-play CNG system market through 2023
According to TechSci Research report, “India Chocolate Market By Type, By Category, By Distribution Channel, Competition Forecast & Opportunities, 2013 – 2023”, India chocolate market is projected to grow at a CAGR of more than 16% during 2018 - 2023. Anticipated growth in the market can be attributed to rising youth population, changing taste preferences of Indian consumers who have started substituting traditional Indian sweets with chocolates and growing demand for premium chocolate products. Rapid urbanization and rising household disposable income of middle-class population are some of the other major factors expected to propel growth of chocolate market in India during the forecast period.
Browse 44 market data Figures and Tables spread through 88 Pages and an in-depth TOC on
"India Chocolate Market"
https://www.techsciresearch.com/report/india-chocolate-market/3705.html
Advent of e-commerce industry has created new routes for manufacturers as well as importers to reach their customers. Online sales channel is enabling companies to widen their distribution reach and serve their customers even in the farthest of regions across the country. Growing number of tech-savvy people coupled with busy lifestyles, especially of urban population, is driving the purchase of chocolates online. Nevertheless, independent grocery stores are expected to continue their market dominance in the coming years. Mondelez India Foods Private Limited, Nestlé India Limited, Ferrero India Private Limited, Mars International India Private Limited and Gujarat Cooperative Milk Marketing Federation Ltd. are some of the major companies operating in India chocolate market.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=3705
Customers can also request for 10% free customization on this report.

“Rising trend of using chocolates as a substitute to traditional sweets due to growing incidences of adulteration in sweets coupled with rising availability of a wide range of chocolate variants such as diet chocolate, sugar-free chocolate, cholesterol-free chocolate, herbal chocolate and chocolate with low-fat content, is driving India chocolate market. A considerable demand for chocolate gift boxes and premium dark chocolates is being witnessed in India, particularly from high income groups. Growing presence of these type of chocolates across supermarkets, hypermarkets and online portals would continue to boost market growth in the ensuing years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Chocolate Market By Type, By Category, By Distribution Channel, Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future growth potential of chocolate market in India and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in India chocolate market.
Browse Related Reports
India Malted Food Drinks Market By Product Type (With Cocoa Powder & Without Cocoa Powder), By Distribution Channel (Convenience Stores, Independent Small Grocers, Pharmacies, Online Channel & Others), Competition Forecast & Opportunities, 2013-2023
https://www.techsciresearch.com/report/india-malted-food-drinks-market/1286.html
India Packaged Coconut Water Market By Type (Natural & Blended), By Sales Type (Grocery/Convenience Stores, Online & Others), By Packaging Type (Plastic Bottles & Others), By Distribution Channel, Competition Forecast & Opportunities, 2013-2023
https://www.techsciresearch.com/report/india-packaged-coconut-water-market/3359.html
UAE Chocolates Market By Type (Countline, Molded and Boxed), By Age Group, By Point of Sale (Hypermarkets/ Supermarkets, Convenience Stores, Chocolate Boutiques, Online Retail & Others), Competition Forecast and Opportunities, 2011 – 2021
https://www.techsciresearch.com/report/uae-chocolates-market-by-type-countline-molded-and-boxed-by-age-group-by-point-of-sale-hypermarkets-supermarkets-convenience-stores-chocolate-boutiques-online-retail-others-competition-forecast-and-opportunities-2011-2021/623.html

About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Connect with us on Twitter - https://twitter.com/TechSciResearch

About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

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