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India Chocolate Market (2017-2023)

India Chocolate Market (2017-2023)

India Chocolate Market (2017-2023)

Premium Chocolate Segment to Post higher growth over the next six years and tier-I cities held majority of the demand in India chocolate market – 6Wresearch

India chocolate market is witnessing the trend of premiumization as a result of increasing disposable income. The country’s chocolate market recorded significant demand for premium, dark, and sugar-free chocolates. With the stimulus western culture Indian consumers are changing their taste preferences towards chocolates rather than sweets. Moreover, adulteration issues in traditional sweets, improving distribution network, attractive packaging as well as online availability of chocolates are further complementing the growth of chocolates in India.

According to 6Wresearch, India Chocolate Market is projected to grow at a CAGR of 19% during 2017-23. Although, milk chocolate segment captured majority of the chocolate market share in 2016, dark chocolates segment is expected to post high growth rate during the forecast period. Moreover, non-premium chocolates dominated the overall market owing to its availability in both urban and rural areas. However, huge demand for premium chocolates are being exhibited in Tier-I cities resulting in tremendous growth for premium chocolate segment in the country.

Press Release @ https://www.6wresearch.com/press-releases/india-chocolate-market-share-trends-forecasts-size-growth-opportunity-players-media-news.html

Key Highlights of the Report:
Chocolate Market In India
Chocolate Market Share In India
Chocolate Market Size In India

ABOUT US :
6Wresearch is the premier, one stop market intelligence and advisory centre, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.

For Further details, please contact:
Website: www.6wresearch.com
Phone: +911143024305
Email ID: sales@6wresearch.com

For Further details, please contact:
Website: www.6wresearch.com
Phone: +911143024305
Email ID: sales@6wresearch.com

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