Product Code: ETC018944 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The chocolate and cocoa products market in India is expected to register a CAGR of 5.3% during the forecast period 2025-2031. The major factors driving the growth of this market are increasing demand for convenient snacking, rising disposable income, and growing innovations in product offerings. Additionally, the rise in health consciousness among consumers has led them to choose healthier options such as dark chocolates over traditional ones like milk chocolates which have further propelled the growth of this industry.
1. Increasing Demand For Convenient Snacking: There is an increasing demand for convenience food across developing countries due to changing lifestyles and rapid urbanization leading to hectic schedules thus spurring sales of chocolate bars & snacks that can be easily carried & consumed on-the-go or at home without much hassle. Moreover, manufacturers are launching innovative packaging formats such as stand up pouches with zipper closures making it easy for consumers to carry anywhere while ensuring freshness & quality throughout their shelf life thereby boosting the popularity of these products amongst customers fueling its sales significantly over time
2. Rising Disposable Income Levels: The rising disposable incomes amongst consumers especially in developing economies coupled with improved living standards have enabled them to spend more on premium quality confectionery items including chocolates & cocoa driven by their craving for indulgence
Health Concerns Regarding Consumption Of Chocolates And Cocoa Products: Despite being considered a luxurious item that provides momentary comfort when consumed there are certain potential health risks associated with its consumption particularly due risk obesity caused by high sugar content present in some variants while other claim that it contains anti-oxidants which may help reduce cholesterol levels but still remain inconclusive hence creating a negative impact on its overall acceptance within segments like children leading parents switching towards healthier alternatives ,which could hamper future prospects .
1) Plant Based Proteins In Chocolate Products : Owing to several health benefits offered by plant based proteins such as legumes ,nuts etc many chocolate companies have started offering vegan friendly protein enriched variants made from cocoas beans combined with nuts ,seeds etc apart from regular ingredients like flour ,sugar etc meeting specific dietary needs thereby boosting profitability margin .
2) Innovative Flavors And Variations : Manufacturers are continuously introducing new flavors depending upon different region`s taste preferences innovation such as regional ingredients or fusion flavors allowing
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Chocolate and Cocoa Products Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Chocolate and Cocoa Products Market Revenues & Volume, 2021 & 2031F |
3.3 India Chocolate and Cocoa Products Market - Industry Life Cycle |
3.4 India Chocolate and Cocoa Products Market - Porter's Five Forces |
3.5 India Chocolate and Cocoa Products Market Revenues & Volume Share, By Cocoa Types, 2021 & 2031F |
3.6 India Chocolate and Cocoa Products Market Revenues & Volume Share, By Chocolate Type, 2021 & 2031F |
3.7 India Chocolate and Cocoa Products Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.8 India Chocolate and Cocoa Products Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Chocolate and Cocoa Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Chocolate and Cocoa Products Market Trends |
6 India Chocolate and Cocoa Products Market, By Types |
6.1 India Chocolate and Cocoa Products Market, By Cocoa Types |
6.1.1 Overview and Analysis |
6.1.2 India Chocolate and Cocoa Products Market Revenues & Volume, By Cocoa Types, 2021-2031F |
6.1.3 India Chocolate and Cocoa Products Market Revenues & Volume, By Cocoa Butter, 2021-2031F |
6.1.4 India Chocolate and Cocoa Products Market Revenues & Volume, By Cocoa Powder, 2021-2031F |
6.1.5 India Chocolate and Cocoa Products Market Revenues & Volume, By Cocoa Liquor, 2021-2031F |
6.2 India Chocolate and Cocoa Products Market, By Chocolate Type |
6.2.1 Overview and Analysis |
6.2.2 India Chocolate and Cocoa Products Market Revenues & Volume, By Dark Chocolate, 2021-2031F |
6.2.3 India Chocolate and Cocoa Products Market Revenues & Volume, By Milk Chocolate, 2021-2031F |
6.2.4 India Chocolate and Cocoa Products Market Revenues & Volume, By White Chocolate, 2021-2031F |
6.2.5 India Chocolate and Cocoa Products Market Revenues & Volume, By Filled Chocolate, 2021-2031F |
6.3 India Chocolate and Cocoa Products Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 India Chocolate and Cocoa Products Market Revenues & Volume, By Confectionery, 2021-2031F |
6.3.3 India Chocolate and Cocoa Products Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.4 India Chocolate and Cocoa Products Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.3.5 India Chocolate and Cocoa Products Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4 India Chocolate and Cocoa Products Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 India Chocolate and Cocoa Products Market Revenues & Volume, By Offline , 2021-2031F |
6.4.3 India Chocolate and Cocoa Products Market Revenues & Volume, By Online , 2021-2031F |
7 India Chocolate and Cocoa Products Market Import-Export Trade Statistics |
7.1 India Chocolate and Cocoa Products Market Export to Major Countries |
7.2 India Chocolate and Cocoa Products Market Imports from Major Countries |
8 India Chocolate and Cocoa Products Market Key Performance Indicators |
9 India Chocolate and Cocoa Products Market - Opportunity Assessment |
9.1 India Chocolate and Cocoa Products Market Opportunity Assessment, By Cocoa Types, 2021 & 2031F |
9.2 India Chocolate and Cocoa Products Market Opportunity Assessment, By Chocolate Type, 2021 & 2031F |
9.3 India Chocolate and Cocoa Products Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.4 India Chocolate and Cocoa Products Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Chocolate and Cocoa Products Market - Competitive Landscape |
10.1 India Chocolate and Cocoa Products Market Revenue Share, By Companies, 2024 |
10.2 India Chocolate and Cocoa Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |