(Entertainment-NewsWire.com, November 17, 2017 ) Branded Chocolate Market in India 2017 states that the chocolate market in India is projected to grow at a CAGR of 17.8% between FY 2017 to FY 2022. In the branded chocolate segment, Mondelez India has 65% market share and its closest competitor is Nestle with 20% market share. International brands, such as, Mars and homegrown brand Amul are also gaining momentum in terms of sales and reach in the country. Other prominent players in the industry are ITC, Lotus Chocolate, Parle and Campco. Though milk chocolates account for majority of the revenues, but dark chocolate is also gaining popularity among the Indian consumers.
India has woken up to the fad of chocolate being considered as a gift proposition. While even till few years back traditional sweets / mithai were the only option in delicacy gifting, overt media exposure and smart marketing techniques have positioned chocolates as an alternative. Further, entry of major players in the country has increased the availability of such products. Another feature that works for this sector is the attractive pricing of products which particularly suits the Indian scenario wherein consumers seek economical products. However, factors such as high entry barriers and high excise and import duties pose as impediments towards the sector growth. The major trends identified include emergence of premium chocolates, surfacing of dark chocolates, concept of chocolate boutique, demand for healthy options and entry of retailers and confectioners.
Coverage: Overview of Indian packaging market-market size, growth forecast and market segmentation Overview of the Indian Branded Chocolate market and forecasted market size data in terms of value over FY 2015 to FY 2022 Detailed description of the types of flexible packages available in the Indian market Overview of the usage of plastic in the packaging industry Export-Import Scenario of the domestic Branded Chocolate market Why Buy- Get a broad understanding of the branded chocolate market in India Be informed about the trends, manufacturing process, distribution channel of branded chocolate market Understand major competitors' business, market dynamics, and respond accordingly Be informed regarding the key areas of opportunity in the branded chocolate market Make more informed business decisions with the help of insightful recommendations provided to succeed in the branded chocolate segment
Company Profile: Public Companies 1. ITC Ltd. 2. Lotus Chocolate Company Ltd. 3. Nestle India Ltd.
Public Companies 1. Gujarat Cooperative Milk Marketing Federation Ltd. 2. Parle Products Pvt. Ltd. 3. The Campco Ltd. 4. Mars International India Pvt. Ltd. 5. Mondelez India Foods Pvt. Ltd. 6. Ferrero India Pvt. Ltd.
Table Of Contents: Packaging Market in India-Market Size, Growth Forecast and Segmentation (Value-Wise; FY 2010, FY 2015 and FY 2022) Branded Chocolate Market Size & Growth Forecast (Value-wise; FY 2015-FY 2022e) Rigid Packaging Market Size & Growth Forecast (Value-wise; FY 2015 and FY 2022e) Share of Plastic Packaging Products-Type-wise Application of Branded Chocolate in FMCG Industry Application of Plastic Packaging in Pharmaceutical Industry Changing Consumption Pattern Competitive Landscape List of Major Players
