Market Research Report on India Branded Chocolate Market

RAIPUR, CHHATTISGARH, INDIA, November 3, 2017 /EINPresswire.com/ --

Report Sellers has added a new market research report “Branded Chocolate Market in India 2017” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

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 the majority of the revenues, 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 until a few years back traditional sweets/mithai were the only options 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.

Browse through the complete description and in-depth TOC on “India Branded Chocolate Market”
https://www.reportsellers.com/market-research-report/Branded-Chocolate-Market-in-India-2017

Report Scope:

• Overview of the branded chocolate market in India and forecasted branded chocolate market size over 2014 to 2022e
• Market segmentation
• Methods for bean processing and its manufacturing process
• Value chain analysis of branded chocolates
• Understanding the major drivers and challenges affecting the market
• Analysis of the competitive landscape and detailed profiles of major public and private players

Reasons to 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

Companies Mentioned

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.

Request Sample here: https://www.reportsellers.com/market-research-report/Branded-Chocolate-Market-in-India-2017

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India Branded Chocolate Market Research Report

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