openPR Logo
Press release

India's Chocolate Market Projected to Grow by 30% by 2020

Market Research HUB

Market Research HUB

The global demand for chocolate is now showing recovery and leading suppliers such as Barry Callebaut are now forecasting stabilization of demand in the key markets worldwide. In 2020, the United States is expected to be the largest consumer of chocolate globally, followed by Russia. Amongst the BRIC nations, while India and China are nations projected to have the highest chocolate market growth in the period 2015-2020, economic conditions in Brazil and Russia have been hampering the chocolate markets growth.

Request Free Sample Report - http://www.marketresearchhub.com/enquiry.php?type=S&repid=1109581

It is expected that the global chocolate market will grow at a CAGR of approximately to 5% through 2020. New flavors coupled with product packaging innovations will be the trend going forward. World over there is growth potential in the customized and luxury chocolate segments. People have a rising affinity for handcrafted chocolate and many startups are dappling in the art of chocolate making. Popularity of premium chocolates is on the rise particularly in the United States and brazil. While rising obesity and health concerns world wide is a challenge for the growth of the sector, there is also growing awareness about the benefits of dark chocolate. Players have also been introducing low sugar and sugarless chocolates

Globally, India is amongst the fastest growing chocolate markets. In 2016, the chocolate market in the country grew by 13% year-on-year. Other than India, Polands market which grew at 2% year-on-year are the only two countries globally t have shown growth in the chocolate market. India is amongst the four countries projected to have the highest chocolate market growth in the period 2015-2020. Other countries include Mexico, China and Brazil. The chocolate market in India is currently growing at a rate of 20% annually and is projected to grow by 30% by 2020

Close to 70% of the chocolate is consumed in urban India. Factors such as poor infrastructure, lack of cold storage facilities and greater affinity for traditional Indian sweets inhibit the growth of the rural chocolate market. In recent times chocolate consumption in the smaller towns and villages of the country has been increasing and smaller packets typically priced at INR 5 and 10 see higher consumption in these areas. Emerging trends in the sector include a growing affinity for dark and sugarless chocolate, along with growing demand for premium chocolates.

The report Assessment of Chocolate Market in India 2017 highlights key dynamics of the global, India and Chinas chocolate market. The potential of the sector has been investigated along with the emerging trends.The current market scenario and future prospects of the sector has also been studied. The report contains profiles of key players including Nestle S.A., Mars Foods, Ferrero Rocher, The Hershey Company, Mondelez International Inc., Amul. The report contains latest opinions of industry experts.

Browse Full Report with TOC - http://www.marketresearchhub.com/report/assessment-of-indias-chocolate-market-2017-report.html

Table of Contents

1. Global Chocolate Market
1.1 Overview
1.2 Market Statistics & Performance
2. India Chocolate Market
2.1 Overview
2.2 Market Statistics& Performance
2.3 Market Drivers
2.4 Emerging Trends
2.5 Challenges
2.6 Industry Outlook
2.7 Industry Speak
3. Competitive Landscape
3.1 Nestle S.A.
3.2 Mars Foods
3.3 Ferrero Rocher
3.4 The Hershey Company
3.5 Mondelez International Inc.
3.6 Amul
4. List of Charts and Graphs
4.1 Global Forecast Leading Chocolate Consuming Countries (2020, thousand tons)
4.2 Global Total Chocolate Consumption (1999, 2009 & 2020 P, million tonnes)
4.3 Global Top Eight Confectionery Companies Net Confectionary Sales (2015, USD millions)
4.4 Global Per capita consumption of Chocolate Confectionery by Key Markets (2015, kilograms)
4.5 India Chocolate Market Size (2012-2019 E, INR billion)
4.6 India Retail Sales of Chocolate (2010-2015, billion USD)
4.7 India Chocolate Market Share by Player (%, 2014)
4.8 India Chocolate Consumption Volume as Compared with Other Countries (2020, in 1,000 tons)
5. Research Methodology
6. About Smart Research Insights

Make an Enquiry - http://www.marketresearchhub.com/enquiry.php?type=enquiry&repid=1109581

About Market Research Hub

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

Contact Us
90 State Street,
Albany, NY 12207,
United States
Toll Free : 866-997-4948 (US-Canada)
Tel : +1-518-621-2074
Email : press@marketresearchhub.com
Website : http://www.marketresearchhub.com/
Read Industry News at - https://www.industrynewsanalysis.com/

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's Chocolate Market Projected to Grow by 30% by 2020 here

News-ID: 560615 • Views: 180

More Releases from Food and Beverages Industry - MRH

Global Sugar Market to 2021 - Market Size, Development, Top 10 Countries, Trends …
Latest industry report package Global Sugar Market to 2021 - Market Size, Development, Top 10 Countries, and Forecasts included by Market Research HUB offers the most up-to-date market data on the actual market situation, and future outlook for sugar in the world and in the top 10 global countries. Along with a global sugar market report the package includes country reports from the following countries: China, France, Germany, India, Indonesia, Japan,
Global Food Brightener Sales Market Report 2017
According to the report, the global Food Brightener market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split global into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of Food Brightener for these regions, from 2012 to 2022
U.K. Meat-Free Foods Market Highlights Improvement Due to Active Push from Drive …
The U.K. market is displaying scope for meat-free food brands based on various driving forces, and is further anticipated to grow as a result of its nutritional credentials. Analyzing the scope, Market Research Hub (MRH) has recently added a report titled as “U.K. Meat-free Foods - May 2017” to its vast report repository. The intelligent study is a comprehensive analysis of the meat-free foods market in the U.K. for the
United States Pure Coconut Water Market Report 2017: Market Analysis Revealing K …
The Market Research Hub’s report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for United States Pure Coconut Water Market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who

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