India real chocolate market stood at $ 75 million in 2017 and is projected to grow at a CAGR of 19% to reach $ 212 million by 2023. Anticipated growth in the market can be attributed to rising demand for real chocolate from bakeries and confectionaries and high-end hotels, restaurants and cafes, backed by surging demand for artisanal bakery and chocolate cakes, pastries, etc. Moreover, several FMCG companies such as Parle, Britannia, Unibic, etc., are incorporating real chocolate in their premium baked products such as cookies, cakes, biscuit sandwiches, etc., which is further anticipated to push demand for real chocolate in the country over the coming years.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

  • To analyze and forecast the market size of India real chocolate market.
  • To define, classify and forecast India real chocolate market based on type, end user, region, and company.
  • To analyze and forecast the market share for India real chocolate market with respect to Type: Milk, White and Dark.
  • To scrutinize the detailed market segmentation and forecast the market size, based on four regions, namely – North, West, South and East.
  • To identify tailwinds and headwinds for India real chocolate market.
  • To strategically profile the leading players in the market which are involved in the supply of chocolate in India real chocolate market.


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Some of the major players operating in India real chocolate market are Lotus Chocolate Company Limited, Morde Foods Private Limited, Barry Callebaut India Private Limited, DP Cocoa Products LLP, India Cocoa Private Limited, Aalst Chocolate Pte Ltd, Jindal Cocoa LLP, Puratos Food Ingredients India Pvt Ltd, The CAMPCO Ltd., Goldsmith Food Products, etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading manufacturers of real chocolate across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key products, prices of products and competitors. Through this technique, TechSci Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the type, category, distribution channel and regional presence of all major real chocolate companies across the country.

 

Key Target Audience:

  • India real chocolate manufacturers, importers, suppliers and other stakeholders
  • Major end user of real chocolate
  • Trade Associations, organizations, forums and alliances related to chocolate market
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as real chocolate manufacturers, distributors and dealers, customers and policy makers. The report also provides insights about which market segments should be targeted over the coming years to strategize investments and capitalize on the growth of the market.

Report Scope:

In this report, India real chocolate market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

  • Market, by Type:
    • Milk Chocolate
    • White Chocolate
    • Dark Chocolate
  • Market, by End User:
    • Organized Bakeries
    • Unorganized Bakeries & Boutiques
    • HoReCa Sector
  • Market, by Region:
    • North
    • West
    • South
    • East
  • Market, by Company:
    • Morde Foods Private Limited
    • DP Cocoa Products LLP
    • Barry Callebaut India Private Limited
    • Puratos Food Ingredients India Pvt Ltd
    • Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India real chocolate market.

Voice of Customer: Customer Analysis by considering the following parameters: Factors Influencing Purchase Decision, Brand Awareness, and Reasons to Purchase Real Chocolate.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

  • Detailed list of distributors and dealers across all major regions.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.       Product Overview

2.       Research Methodology

3.       Executive Summary

4.       Voice of Customer

4.1.    Product Awareness

4.2.    Brand Recall & Brand Awareness

4.3.    Usage and Applicability Analysis

4.4.    Factor Influencing Purchase Decision

4.5.    Challenges Faced/ Unmet Needs

5.       Global Real Chocolate Market Overview

6.       India Real Chocolate Market Outlook

6.1.    Market Size & Forecast

6.1.1.By Value & Volume

6.2.    Market Share & Forecast

6.2.1.By Type (Dark Chocolate, White Chocolate and Milk Chocolate)

6.2.2.By End User (Organized Bakeries, Unorganized Bakeries, Boutiques and HoReCa)

6.2.3.By Region (North, South, West and East)

6.2.4.By Company

6.3.    Pricing Analysis

6.4.    Market Attractiveness Index (By Type, End User and Region)

7.       India Organized Bakeries Real Chocolate Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value & Volume

7.2.    Market Share & Forecast

7.2.1.By Type (Dark Chocolate, White Chocolate and Milk Chocolate)

8.       India Unorganized Bakeries & Chocolate Boutiques Real Chocolate Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value & Volume

8.2.    Market Share & Forecast

8.2.1.By Type (Dark Chocolate, White Chocolate and Milk Chocolate)

9.       India HoReCa Real Chocolate Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value & Volume

9.2.    Market Share & Forecast

9.2.1.By Type (Dark Chocolate, White Chocolate and Milk Chocolate)

10.   Import & Export Analysis

11.   Market Dynamics

11.1.   Drivers

11.2.   Challenges

12.   Market Trends & Developments

13.   Policy & Regulatory Landscape

14.   India Economic Profile

15.   Competitive Landscape

15.1.   Competition Outlook

15.2.   Company Profiles

15.2.1.    Morde Foods Private Limited

15.2.2.    DP Cocoa Products LLP

15.2.3.    Barry Callebaut India Private Limited

15.2.4.    Puratos Food Ingredients India Pvt Ltd

15.2.5.    Lotus Chocolate Company Limited

15.2.6.    Aalst Chocolate Pte Ltd

15.2.7.    Jindal Cocoa LLP

15.2.8.    The CAMPCO Ltd.

15.2.9.    Goldsmith Food Products

15.2.10.   India Cocoa Private Limited

16.   Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures

    Figure 1: Awareness about Real Chocolate, 2018, N=125

    Figure 2: Unaided Awareness about Companies Producing Real Chocolate, 2018, N=100

    Figure 3: Aided Awareness about Companies Producing Real Chocolate, 2018, N=100

    Figure 4: Usage of Real Chocolate, 2018, N=100

    Figure 5: Factors Influencing Purchase Decision, 2018, N=100

    Figure 6: Challenges Faced by End Customers, (N=100)

    Figure 7: India Real Chocolate Market Size, By Value (USD Million), By Volume (Million Kilogram), 2013-2023F

    Figure 8: Cocoa Production in India, 2011-2017 (Metric Tonnes)

    Figure 9: India Real Chocolate Market Share, By Type, By Volume, 2013–2023F

    Figure 10: India Real Chocolate Market Share, By End User, By Volume, 2013–2023F

    Figure 11: India Real Chocolate Market Share, By Region, By Volume, 2017 & 2023F

    Figure 12: India Real Chocolate Market Share, By Region, By Volume, 2013–2023F

    Figure 13: India Real Chocolate Market Share, By Company, By Value, 2017 & 2023F

    Figure 14: India Real Chocolate Market Share, By Domestic and Imported Manufacturer, By Value, 2017

    Figure 15: India Real Chocolate Market Attractiveness Index, By Type, By Volume, 2018E-2023F

    Figure 16: India Real Chocolate Market Attractiveness Index, By End User, By Volume, 2018E-2023F

    Figure 17: India Real Chocolate Market Attractiveness Index, By Region, By Volume, 2018E-2023F

    Figure 18: India Organized Bakeries Real Chocolate Market Size, By Value (USD Million), By Volume (Million Kilogram), 2013-2023F

    Figure 19: All India Cocoa Butter Fat and Oil Imports, By Volume, FY2013-FY2018 (Metric Tonnes)

    Figure 20: India Organized Bakeries Real Chocolate Market Share, By Type, By Volume, 2013–2023F

    Figure 21: India Unorganized Bakeries & Chocolate Boutiques Real Chocolate Market Size, By Value (USD Million), By Volume (Million Kilogram), 2013-2023F

    Figure 22: India Unorganized Bakeries & Chocolate Boutiques Real Chocolate Market Share, By Type, By Volume, 2013–2023F

    Figure 23: India HoReCa Real Chocolate Market Size, By Value (USD Million), By Volume (Million Kilogram), 2013-2023F

    Figure 24: India Organized Standalone Food Services Market Share, By Format, By Value 2017

    Figure 25: India Organized Chain Food Services Market Share, By Format, By Value 2017

    Figure 26: India HoReCa Real Chocolate Market Share, By Type, By Volume, 2013–2023F

    Figure 27: India Real Chocolate Import with HS Code 180610, By Value (USD Million), By Volume (Million Kilogram), FY2013-FY2018

    Figure 28: India Real Chocolate Export with HS Code 180610, By Value (USD Million), By Volume

    (Million Kilogram), FY2013-FY2018

    Figure 29: India Real Chocolate Import with HS Code 180620, By Value (USD Million), By Volume

    (Million Kilogram), FY2013-FY2018

    Figure 30: India Real Chocolate Export with HS Code 180620, By Value (USD Million), By Volume

    (Million Kilogram), FY2013-FY2018

    Figure 31: India Real Chocolate Import with HS Code 180631, By Value (USD Million), By Volume

    (Million Kilogram), FY2013-FY2018

    Figure 32: India Real Chocolate Export with HS Code 180631, By Value (USD Million), By Volume

    (Million Kilogram), FY2013-FY2018

    Figure 33: India Real Chocolate Import with HS Code 180632, By Value (USD Million), By Volume

    (Million Kilogram), FY2013-FY2018

    Figure 34: India Real Chocolate Export with HS Code 180632, By Value (USD Million), By Volume

    (Million Kilogram), FY2013-FY2018

    Figure 35: India Real Chocolate Import with HS Code 180690, By Value (USD Million), By Volume

    (Million Kilogram), FY2013-FY2018

    Figure 36: India Real Chocolate Export with HS Code 180690, By Value (USD Million), By Volume

    (Million Kilogram), FY2013-FY2018

     

    List of Tables

    Table 1: India Domestic and International Price of Cocoa Beans, 2013–2018 (USD)

    Table 2: India Real Chocolate Market Prices, By Type, By Select Companies, 2018 (USD/Kilogram)

    Table 3: FSSAI Standards for Composition of Chocolates

    Table 4: Duties and Tariffs Associated with Select HS Codes, 2018