Market Overview on India Chocolate Market 2015
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Market reports on India presents the latest report on “Market Overview on India Chocolate Market 2015” http://www.marketreportsonindia.com/food-beverages-market-research-reports-13323/chocolate-india.html The industry has a positive outlook due to exceptional growth in the confectionery industry, rising per capita income and gifting culture in the country.
24th Nov 2015, – Navi Mumbai, India: Market reports on India presents the latest report on “Market Overview on India Chocolate Market 2015”. The report reveals that Cadbury, Nestle and Ferrero are the leading players in India chocolate market.
India chocolate market is growing with a CAGR of 16.13% from last seven years and is projected to grow even at a higher rate in future. The industry has a positive outlook due to exceptional growth in the confectionery industry, rising per capita income and gifting culture in the country. The per capita consumption of chocolates has almost doubled from 2005 to 2012. Over the years, changes in consumers' preferences and lifestyle, eating habits, and their global exposure to international brands have given a boost to the chocolate industry.
“India Chocolate Market Overview”, chocolate market in India is expected to grow at a CAGR of 10.77% till 2021. Milk chocolate accounts for majority of the revenues in the chocolate market but growing popularity of dark chocolate is anticipated to decrease its revenues in near future.Market share of premium chocolate is anticipated to increase upto 45% in the overall chocolate market, as the purchasing power and the disposable income of people in the country rises.
The report reveals that Cadbury, Nestle and Ferrero are the leading players in India chocolate market. Cadbury and Nestle together account for majority of the chocolate market but Ferrero is expected to overtake Nestle in next few years with increasing popularity of Ferrero Rocher and Kinder Joy.
To read the complete report at:...
24th Nov 2015, – Navi Mumbai, India: Market reports on India presents the latest report on “Market Overview on India Chocolate Market 2015”. The report reveals that Cadbury, Nestle and Ferrero are the leading players in India chocolate market.
India chocolate market is growing with a CAGR of 16.13% from last seven years and is projected to grow even at a higher rate in future. The industry has a positive outlook due to exceptional growth in the confectionery industry, rising per capita income and gifting culture in the country. The per capita consumption of chocolates has almost doubled from 2005 to 2012. Over the years, changes in consumers' preferences and lifestyle, eating habits, and their global exposure to international brands have given a boost to the chocolate industry.
“India Chocolate Market Overview”, chocolate market in India is expected to grow at a CAGR of 10.77% till 2021. Milk chocolate accounts for majority of the revenues in the chocolate market but growing popularity of dark chocolate is anticipated to decrease its revenues in near future.Market share of premium chocolate is anticipated to increase upto 45% in the overall chocolate market, as the purchasing power and the disposable income of people in the country rises.
The report reveals that Cadbury, Nestle and Ferrero are the leading players in India chocolate market. Cadbury and Nestle together account for majority of the chocolate market but Ferrero is expected to overtake Nestle in next few years with increasing popularity of Ferrero Rocher and Kinder Joy.
To read the complete report at:...