Top 10 Companies in India Chocolate Market | | Manufacturers & Suppliers 2024

Top 10 Companies in India Chocolate Market

As per 6Wresearch, India chocolate market has been progressing faster and one of the major contributors to this growth of the market is the rising presence and efforts of key players. Some companies in the market have not only introduced a diverse range of products but they have also focused on innovative marketing strategies in order to attract more consumers. With the growing demand for premium and luxury chocolates, players have been investing in research and development to develop unique as well as high-quality products. This has not only assisted them in catering to the growing taste preferences of consumers but has also expanded their market share.

Additionally, leading market players have been actively increasing their distribution networks to reach a wider audience. They have also been collaborating with local retailers as well as e-commerce platforms to expand their accessibility and visibility among consumers. India Chocolate Market is predicted to attain a CAGR of 11.4% during 2022-2028.

List of Leading Companies in the India Chocolate Market

1. Mondelez International, Inc.

Mondelez International, Inc. is headquartered in Chicago, United States. The company has its presence in over 150 countries in the world and operates in India with its Subsidiary name Mondelez India Foods Private Limited.

2. Mars, Incorporated

Mars, Incorporated is headquartered in McLean, Virginia, United States. The company was established in 1911 by Franklin Clarence Mars. The company feels a sense of pride in their work. As, today their iconic products like M&M’S®, SNICKERS®, ORBIT®, EXTRA® and Skittles® are enjoyed in more than 180 countries.

3. Nestle Corporate

Nestle corporate is headquartered in Vevey, Switzerland. The company was established in 1866 Anglo-Swiss Condensed Milk Company. Henri Nestlé developed a breakthrough in infant food in 1867, and in 1905 the company he founded merged with Anglo-Swiss, to form what is now known as the Nestlé Group. As of 2021, the operations of the Nestle group is extended to 186 countries.

4. Ferrero Group Corporate

Ferrero Group corporate is headquartered in Alba, Piedmont, Italy. The company was established in 1946 by the young chocolatier Pietro Ferrero. The Ferrero group is present in more than 50 countries and has products sold in over more than 170 countries with 32 production plants in 5 continents and operates in India with its Subsidiary name Ferrero India Private Limited.

5. The Hershey Company

The Hershey company is headquartered in Derry Township, Pennsylvania, USA. The company was established in 1894 by Milton Hershey’s. The Hershey company is present in more than 70 countries and operates in India with its Subsidiary name Hershey India Private Limited.

6. Chocoladefabriken Lindt & Sprüngli

The Chocoladefabriken Lindt & Sprüngli company is headquartered in Kilchberg, Switzerland. The company was established in 1845 when David Sprüngli-Schwarz and his son Rudolf Sprüngli-Ammann had an innovative chocolate business idea. The Chocoladefabriken Lindt & Sprüngli company Operates in more than 120 countries worldwide.

7. Gujrat Cooperative Milk Marketing Federation

The Gujrat Cooperative milk marketing federation is headquartered in Anand, Gujrat. India The Company was in 1946 when, the farmers of Gujrat area went on a milk strike effusing to be owed down by the cartel. Under the inspiration of sardar Patel and the guidance of leaders like Morarji Desai and Tribhuvandas Patel, they formed their own cooperative in 1946. The Company Now operates in more than 20 counties Worldwide.

8. Yildiz Holding

The Yildiz holding company is headquartered in Istanbul, Turkey. The company was established in 1944 when company’s founders, brothers Sabri and Asım Ülker, begin baking their first petit beurre biscuits in a small Istanbul shop. The company now operates in nearly 10 countries around the world.

9. Grupo Acror

The Grupo Acror company is headquartered in Maipu, Argentina. The company was established in 1951. Arcor was born as the materialization of the dream of a group of young entrepreneurs led by Fulvio Salvador Pagani.

10. Rittersport Company

The Rittersport company is headquartered in Walden Bunch, Germany. The company was established in 1912. As a family business since 1912, AS of 2022 the company now operates in more than 100 countries with its diversified.

Frequently Asked Questions About the Market Study (FAQs):