openPR Logo
Press release

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 lights and banners may be hung along streets, music played from speakers, and Christmas trees placed in prominent places. It is common in many parts of the world for town squares and consumer shopping areas to sponsor and display decorations. In some countries, Christmas decorations are traditionally taken down on Twelfth Night, the evening of January 5.
Christmas, along with Easter, is the period of highest annual church attendance. People offer prayers at midnight and sing carols.
As a Christmas tradition, the chocolate coin giving was thought to be started by the deeds of Saint Nicholas. Although there isn't any written documentation, many legends speak of his kindness to children. He was said to be an incredibly shy person and wanted to give money to the poor children of Myra without them knowing about it. One night he climbed on a roof and threw a purse of money down a chimney, which landed in a pair of stockings that a little girl had hung up to dry.
In the United Kingdom chocolate coins mimic the design of real money; they are traditionally bought around Christmas and are used to decorate the Christmas tree and to fill the stockings of children. When children visit a friend or relative they are allowed to find and take chocolates from the tree as a treat. A variant of this is that chocolate coins are hidden somewhere in the house for children to find, often in the form of a treasure trail.
Chocolates are the major attractions on Christmas. It has many forms chocolate coins, chocolate pudding, chocolate mousse, chocolate cake, candy, chocolate bars, and chocolate gifting."India Chocolate Market Outlook", 2023 gives a comprehensive analysis on the Chocolate industry of India. In India, the hygiene products market has shown an explosive growth in recent years. The key growth drivers of chocolate industry in India are tradition of gifting sweets, shifting in consumer preference from traditional mithai to chocolates, rising income levels and attractive pricing which is suitable for every pocket. The urban India and tier I, II cities have woken up to the fad of chocolate being considered as a gift proposition. While even till few years back sweets were the only option in delicacy gifting, overt media exposure and smart marketing techniques have positioned chocolates as an alternative.
To download page: https://www.bonafideresearch.com/download_page.php?product_code=180920011
According to report, 'India Chocolate Market Outlook, 2023' published by Bonafide Research, 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 growth rate around XX% during forecast period. Total chocolate market is segmented into two broad categories i.e. Mass and Premium. 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.
India is now one of the world’s fastest growing chocolate confectionery markets. The Indian chocolate market is expected to grow by 20 per cent each year between 2016 and 2020. As a result, it is generating new demand from many customer segments, and growing rapidly. This remarkable transformation has been possible because the chocolate category has reinvented itself.
Covered in this report:
• India chocolate Market
• India Milk Chocolate
• India White Chocolate
• India Dark Chocolate
• India Mass Chocolate
• India Premium Chocolate
"India Chocolate Market Outlook, 2023" discusses the following aspects of Chocolate in India:
- Global Chocolate Market Size By Value & Forecast
- North America Chocolate Market Size By Value & Forecast
- Asia Pacific Chocolate Market Size By Value & Forecast
- Europe Chocolate Market Size By Value & Forecast
- Global Chocolate Segmental Analysis: By Region, By Company
- India Chocolate Market Size By Value & Forecast
- India Milk Chocolate Market Size By Value, Volume & Forecast
- India Dark Chocolate Market Size By Value, Volume & Forecast
- India White Chocolate Market Size By Value, Volume & Forecast
- India Mass Chocolate Market Size By Value, Volume & Forecast
- India Premium Chocolate Market Size By Value, Volume & Forecast
- India Chocolate Segmental Analysis: By Type, By Company, By Brand, By Region
- Key Vendors in this market space
This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
To request sample copy: https://www.bonafideresearch.com/samplereport/180920011/India-Chocolate-Market-Outlook-2023
Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of Chocolate in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
Please get in touch with our sales team in order to find out more.

https://www.bonafideresearch.com/product/180920011/India-Chocolate-Market-Outlook-2023

CONTACT US
Bonafide Research & Marketing Pvt. Ltd.
Steven Thomas – Sales & Marketing Manager
E-mail: sales@bonafideresearch.com
Telephone: +91-7878231309
Website: http://bonafideresearch.com/

Keywords: chocolate,

About Bonafide Research
Bonafide Research is a multi-disciplinary research and consulting company which provides all the data required to solve strategic, business and marketing problems. Bonafide is one of the fastest growing market research and consulting company offering syndicated research, custom research and marketing services. Bonafide Research has not only been working with fortune 500 clients but also served to mid-size companies, small specialists and even start-ups. Our quality of work has ensured repeat business, recognition and recommendations from clients across the world.
Please get in touch for more information.

T-13/A, Indiabulls Mega Mall, Jetalpur Road,
Vadodara, Gujarat 390007

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release India Chocolate Market Outlook", 2023 here

News-ID: 1428116 • Views: 501

More Releases from Bonafide Research & Market Pvt. Ltd.

India ahead of China in paper market in spite of disposing threats.
India has emerged as the world’s fastest growing paper market with a CAGR of 6-7%, leaving behind China, the biggest producer of paper globally. The Rs 60,000-crore Indian paper industry achieved this significant growth, fighting odds of both raw material scarcity and competition from cheaper imports. “China’s paper market has grown only 4.6% per year, while the global paper production in the current year is projected to grow 1-1.5%. In the last
All the roads lead to a Greener India in 2019 : Bonafide Marketing
Owing to increasing number of Electric Vehicle options made available in India the consumers are opting to go green and save the environment. Electric Vehicles uses a battery to store the electric energy that powers the vehicle. Electric Vehicle (EV) is sometimes referred to as Battery Electric Vehicle (BEV).EV batteries are charged by plugging the vehicle in to an electric power source. Electric Vehicles are typically more expensive than similar conventional
Binge eating disorder by todays millenial of extruded snacks to boost up the rev …
According to Recent Published Report of Bonafide Research "India Extuded Snacks & Chips Market Outlook, 2023" India extuded snacks & chips saw a grow rate of 8.78% from 2012-13 to 2017-18. Furthermore, the India Snacks Market is expected to reach INR 92669 Crore in 2022-23. After 2001, India has seen a massive change in Snack food market. The meaning of snack has been redefined from chips and cookies to beverages, mini-meals
India Spread (Jam, Honey, Butter, Cheese, Choco) Market Outlook, 2023
“As Butter is equivalent to Amul, Chocolate Spread is equivalent to Nutella”: Bonafide Research Italian confectionery giant Ferrero is the other name for chocolate spreads in the country, as it is having a predominating share in the chocolate spread market, primarily due to its popularity on the social media, especially among the elite consumers. Most recently, Nutella has caught the fancy of the urban youth who use it in innovative ways to

All 5 Releases


More Releases for India

01-17-2011 | Health & Medicine
KJIVF
IVF India, Test Tube baby India
The aim of setting up KJIVF is to help infertile couples in achieving conception through modern diagnostic and treatment methods. KJIVF Centre has given the best results by blessing infertile couples of advanced age with children, these couples could never dream of becoming parents. Thousands of babies are conceived through in-vitro fertilization (IVF) each year; In-Vitro Fertilization (IVF) means fertilization outside the body. A baby developed from an egg that
Beach Holiday India- Best Beaches in India
The natural beauty, exotic locations and rich heritage has helped India to stand as the most visited and most popular tourist spot in the world. The status of “Incredible India”, is defined by an incredible range of nature’s blessings on the Indian subcontinent and this incredibility is doubled by one of the most fabulous tourism option available in the country that are the brilliant and majestic beaches in India.
ISO 27001 India, 27001 training India ISO
Coral eSecure is information Risk Management advisory with specific focus on Information Security (ISO 27001, ISO 17799, PCI, COBIT, HIPAA, GLBA, and DPA), Business Continuity (BS25999) and ITIL/ IT Service Management (ISO 20000). Coral is the FIRST Indian consulting organization which provides an Integrated Management System Consulting, Consisting of ISO 27001, ISO 20000 and BS25999 – ALL THREE IN ONE! Coral provides Consulting, Assurance audit and Training to address these
Interior Designers India, Designers and Architects India
Today, we have recognized ourselves as a booming beauty interior designing firm, offering services that include interior designing. We are a winning firm, which is based on the strong foundation of innovative and original ideas for interior, architectural and landscaping designing services. Synergy Corporate Interior Design Association has more corporate members. Who provide Products and services. We support Interior Designers India, Designers and Architects India. We are committed to the
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will
ISO 27001 india, 27001 training india ISO, 17799 training india ISO, Compliance …
Our foundation of service delivery is based on sound research - thereby customers realizing definitive delight and Assurance resilience in their management system. We provide Consulting Services for ISO 27001 india, 27001 training india ISO,17799 training India ISO Security, BCM/BS25999, SAS 70, COBIT Implementation, Annual Compliance Check, Best Practices Implementation, & Quick Gap Analysis. It is a set of ‘best practices’ controls - management and systems - that enables