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India Real Chocolate Market, By Region, Competition, Forecast and Opportunities, 2019-2029F

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    Report

  • 90 Pages
  • November 2023
  • Region: India
  • TechSci Research
  • ID: 4749308
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In 2023, the India real chocolate market has reached a valuation of USD 2.5 billion and is poised for robust growth in the forecast period, with a projected Compound Annual Growth Rate (CAGR) of 8.5% through 2029. The India real chocolate market has undergone a significant transformation in recent years, evolving from a niche indulgence to a mainstream culinary delight.

India's affinity for chocolate has a historical legacy dating back centuries, with the introduction of cacao beans to the subcontinent by European colonizers. However, it was in the late 20th century that chocolate truly found its place as a popular treat in India, primarily driven by multinational chocolate brands. What initially started with basic chocolate bars has since evolved into a diverse landscape that now includes premium and artisanal chocolates.

Changing consumer preferences have been a driving force behind the growth of the real chocolate market in India. Indian consumers have developed more sophisticated palates, seeking higher quality, diverse flavors, and unique chocolate experiences. This has led to a surge in the consumption of authentic cocoa-based chocolates.

Premiumization of chocolate has been a prominent trend in the Indian market, with consumers willing to pay a premium for high-quality, ethically sourced, and innovative chocolate products. Both domestic and international chocolatiers have introduced luxury and artisanal chocolate offerings to cater to this discerning segment.

Flavor innovation has played a pivotal role in the India real chocolate market's growth. Chocolate manufacturers constantly experiment with local and exotic ingredients to create unique flavor profiles that resonate with Indian tastes. Infusions of spices, herbs, fruits, and regional ingredients have given rise to a diverse array of chocolate flavors.

Health-conscious consumers are increasingly seeking healthier chocolate options, leading to the popularity of dark chocolate, which is perceived to have health benefits. Chocolatiers are also incorporating ingredients like nuts, seeds, and dried fruits to enhance the nutritional value of their products.

The emergence of artisanal chocolatiers and boutique chocolate shops has been a noteworthy trend in the India real chocolate market. These artisanal creations place a strong emphasis on craftsmanship, unique flavors, and high-quality ingredients, appealing to consumers seeking a personalized and exquisite chocolate experience.

Consumers are now more aware of the environmental and ethical aspects of chocolate production. Chocolatiers are responding by responsibly sourcing cocoa beans and engaging in fair trade practices. This commitment to sustainability not only resonates with consumers but also enhances brand value.

The retail landscape for real chocolate in India has expanded significantly. While traditional mom-and-pop stores remain important, modern retail outlets such as supermarkets, hypermarkets, and online platforms have played a pivotal role in making real chocolate accessible to a broader consumer base.

Despite the impressive growth, the India real chocolate market faces challenges such as price sensitivity, competition from other confectionery products, and the ongoing need for consumer education about the intricacies of real chocolate. However, the market's dynamic nature and continuous innovation suggest a promising future for real chocolate in India.

Key Market Drivers

Changing Consumer Preferences and Growing Chocolate Consumption in India

One of the primary drivers propelling the India real chocolate market is the changing consumer preferences and the remarkable surge in chocolate consumption within the country. Historically, India was not a significant consumer of chocolates, with traditional sweets dominating the confectionery landscape. However, in recent years, there has been a substantial shift in consumer tastes and preferences.

Urbanization, exposure to international cuisines, and increasing disposable incomes have contributed to a growing affinity for chocolates among Indians. Chocolate, once considered an occasional treat, is now a part of daily indulgence for many. This shift has created a burgeoning demand for high-quality, real chocolates.

Consumers are not only seeking chocolates for their sweetness but also for their diverse flavors, textures, and cocoa content. The demand for premium chocolates with distinct cocoa flavors and origins is on the rise. Dark chocolates, with their perceived health benefits, have witnessed particular popularity among health-conscious consumers.

Moreover, the gifting culture in India has embraced chocolates as a preferred gift item for various occasions, including festivals, weddings, birthdays, and corporate events. This cultural shift has further boosted chocolate sales, with consumers looking for premium and personalized chocolate gifting options.

Expansion of Premium and Artisanal Chocolate Offerings

Another significant driver of the India real chocolate market is the expansion of premium and artisanal chocolate offerings. As consumer preferences have evolved, chocolate manufacturers have responded by diversifying their product portfolios to include high-quality, real chocolates that cater to a discerning audience.

Leading international chocolate brands, as well as domestic players, have introduced premium and artisanal chocolate ranges. These chocolates are characterized by their use of high-quality cocoa beans, meticulous craftsmanship, unique flavor profiles, and visually appealing packaging. Artisanal chocolate makers, in particular, have gained recognition for their commitment to creating chocolates that are not only delicious but also tell a story of craftsmanship and authenticity.

The rise of artisanal chocolate boutiques and chocolatiers across major cities in India is evidence of the growing demand for real and premium chocolates. These boutique chocolatiers often experiment with unique ingredients, such as single-origin cocoa, exotic nuts, spices, and fruits, to create a diverse range of flavors that cater to a sophisticated palate.

Consumers are increasingly willing to pay a premium for real chocolates that offer a superior sensory experience. This trend is driving innovation in the chocolate industry, with manufacturers exploring new cocoa bean sources, flavor infusions, and sustainable practices to meet the demands of the discerning Indian chocolate connoisseur.

Health and Wellness Considerations in Chocolate Choices

The incorporation of health and wellness considerations into chocolate choices is a noteworthy driver in the India real chocolate market. Traditionally, chocolates were associated with indulgence and occasional treats. However, a growing awareness of health-consciousness has influenced consumers to seek chocolates that align with their dietary preferences and wellness goals.

Dark chocolate, in particular, has garnered attention for its potential health benefits. It is perceived as a healthier alternative to milk chocolate due to its higher cocoa content, which contains antioxidants and may have heart-healthy properties. This perception has driven the demand for dark chocolates, and manufacturers are responding by introducing dark chocolate variants with varying cocoa percentages.

Additionally, there is a growing interest in chocolates that cater to specific dietary requirements, such as sugar-free chocolates for diabetics, vegan chocolates for those adhering to plant-based diets, and gluten-free chocolates for individuals with gluten sensitivities. Manufacturers are recognizing the importance of catering to these specialized dietary needs and are expanding their product lines accordingly.

Furthermore, the transparency and ethical sourcing of ingredients are becoming important factors in chocolate purchasing decisions. Consumers are increasingly concerned about the environmental and social impact of cocoa production. As a result, there is a demand for chocolates that are ethically sourced, sustainable, and support fair trade practices.

Key Market Challenges

Price Sensitivity and Affordability

One of the primary challenges faced by the India real chocolate market is the price sensitivity of consumers. Chocolate, particularly real chocolate made from high-quality cocoa beans, tends to be relatively expensive compared to other confectionery products available in the market. This price differential can deter a significant portion of the Indian population, which often prioritizes affordability over premium quality.

Price sensitivity is particularly pronounced in a country where a large percentage of the population falls within the middle to lower-income brackets. The affordability factor becomes even more critical when considering the vast income disparities across different regions of India. While urban areas may have a more affluent consumer base willing to pay a premium for quality chocolates, rural and semi-urban areas often have consumers with limited purchasing power.

To address this challenge, chocolate manufacturers in India need to find a delicate balance between maintaining the quality and authenticity of their products while also offering affordable options to cater to a broader consumer base. This might involve exploring cost-effective sourcing methods, optimizing production processes, and investing in economies of scale to reduce production costs.

Distribution and Accessibility

The geographical diversity and vastness of India pose a significant distribution challenge for the real chocolate market. While urban areas have well-established distribution networks and modern retail outlets where consumers can access premium chocolates, rural and remote regions often lack such infrastructure. This disparity in distribution can limit the market's reach and prevent real chocolate brands from tapping into the full potential of the Indian market.

Additionally, India's climate, especially in the summer months, poses a challenge for the distribution of real chocolates, which are highly sensitive to temperature fluctuations. Maintaining the quality and integrity of chocolate products during transportation and storage can be challenging in hot and humid conditions.

To address distribution challenges, chocolate manufacturers need to invest in robust and efficient logistics and distribution networks. This might involve partnering with local distributors, leveraging e-commerce platforms, and establishing cold chain storage facilities to ensure the quality of their products is maintained throughout the supply chain. Moreover, expanding their reach into rural and semi-urban markets will be crucial to tap into the vast potential consumer base.

Competition and Market Saturation

The India real chocolate market has witnessed substantial growth in recent years, attracting both domestic and international players. While this growth indicates the market's potential, it also leads to increased competition and market saturation. The presence of numerous brands offering a wide range of real chocolate products can make it challenging for individual companies to stand out and gain a significant market share.

Furthermore, consumers are becoming increasingly discerning, seeking not only high-quality chocolate but also unique flavors, innovative packaging, and ethical sourcing and production practices. Meeting these evolving consumer demands requires continuous innovation and differentiation, which can be a challenging task in a crowded marketplace.

To address these challenges, chocolate manufacturers need to focus on product differentiation, innovation, and branding. This might involve introducing new and exciting flavors, adopting sustainable and ethical sourcing practices, and investing in marketing strategies that create a strong brand identity. Building a loyal customer base and offering a memorable chocolate experience can help companies thrive in a competitive environment.

Key Market Trends

Premiumization and Artisanal Chocolate

One of the most prominent trends in the Indian real chocolate market is the growing demand for premium and artisanal chocolate products. As consumers become more discerning and willing to explore diverse flavors and textures, they are increasingly turning to high-quality, handcrafted chocolates. This trend is reshaping the chocolate market, elevating it beyond mass-produced, standard offerings.

Artisanal and craft chocolate makers are gaining popularity in India. These chocolatiers focus on using high-quality cocoa beans, often sourced from specific regions, to create unique and complex flavor profiles. Craft chocolate is typically produced in small batches, allowing for meticulous attention to detail and flavor experimentation.

Single-origin chocolates, made from cocoa beans sourced from a single geographic region, have found a niche in the Indian market. These chocolates are celebrated for their distinct terroir-driven flavors, providing consumers with a taste of the cocoa's origin.

The bean-to-bar movement, where chocolatiers control every aspect of the chocolate-making process, from sourcing the cocoa beans to crafting the final product, has gained traction. This ensures transparency and quality control, appealing to consumers looking for an authentic chocolate experience.

Health and Wellness in Chocolate

Consumers in India are increasingly mindful of their health and wellness, and this awareness is influencing their chocolate choices. As a result, there is a growing demand for chocolates that offer not only indulgence but also health benefits. Several trends are emerging in this category:

Dark Chocolate Dominance: Dark chocolate, known for its higher cocoa content and potential health benefits, is witnessing significant growth in India. Consumers are drawn to its antioxidant properties and potential mood-enhancing effects. Manufacturers are responding by introducing a variety of dark chocolate options, some with enhanced nutritional features.

Functional Ingredients: Chocolates infused with functional ingredients such as nuts, seeds, berries, and spices are gaining popularity. These ingredients not only add flavor and texture but also provide additional health benefits, appealing to health-conscious consumers.

Sugar Alternatives: With an increasing focus on reducing sugar consumption, there is a growing demand for chocolates sweetened with natural alternatives like stevia, coconut sugar, or dates. These options cater to consumers looking for guilt-free indulgence.

Ethical and Sustainable Chocolate

Ethical and sustainable practices are becoming integral to the Indian real chocolate market. Consumers are more conscious of the environmental and social impact of their purchases, and chocolate makers are responding with initiatives to address these concerns:

Fair Trade and Ethical Sourcing: Many chocolate brands are committing to fair trade practices, ensuring that cocoa farmers receive fair compensation for their labor. Ethical sourcing extends to environmentally friendly farming practices that promote biodiversity and reduce the environmental footprint of cocoa production.

Certifications: Chocolate brands are increasingly seeking certifications such as Fair Trade, Rainforest Alliance, and Organic, which signal their commitment to ethical and sustainable practices. These certifications provide consumers with transparency and assurance regarding the chocolate's origin and production process.

Bean Traceability: Some brands are implementing bean traceability systems that allow consumers to trace the journey of the cocoa beans from the farm to the chocolate bar. This transparency fosters trust and demonstrates a commitment to responsible sourcing.

Segmental Insights

Product Type Insights

Dark chocolate has secured a substantial and steadily growing share in the India Real Chocolate Market, reflecting shifting consumer preferences and an evolving understanding of chocolate as not just a delightful treat but also a potential source of health benefits.

Changing Consumer Tastes: Over the years, there has been a noticeable shift in the Indian consumer's palate. Traditionally, India has been a market primarily inclined toward milk chocolate and sweets. However, the growing awareness of health-consciousness and the desire for more sophisticated flavors have led to a surge in the popularity of dark chocolate. Consumers are now seeking chocolate options with higher cocoa content, which is a defining characteristic of dark chocolate.

Health Considerations: Dark chocolate has gained a reputation for its potential health benefits. It contains antioxidants, particularly flavonoids, which are believed to have positive effects on heart health, inflammation, and overall well-being. This perceived healthiness has made dark chocolate an attractive choice for consumers looking to indulge their sweet tooth while making mindful choices about their diet.

Cocoa Content and Taste Profile: Dark chocolate is characterized by its higher cocoa content compared to milk chocolate. The cocoa solids in dark chocolate give it a rich, complex, and slightly bitter flavor profile, which appeals to those who appreciate a more intense and less sweet taste experience. The depth of flavor in dark chocolate has resonated well with a growing segment of the Indian population.

Premium and Artisanal Offerings: The India Real Chocolate Market has seen the emergence of premium and artisanal dark chocolate brands that focus on quality, craftsmanship, and unique flavor combinations. These brands cater to consumers seeking a gourmet chocolate experience and are willing to pay a premium for superior taste and ingredients.

Awareness and Education: Consumer awareness about the different types of chocolate, including the distinctions between dark, milk, and white chocolate, has grown significantly. Manufacturers and chocolatiers have played a role in this by conducting educational campaigns and tastings, helping consumers make informed choices.

Gift and Gourmet Culture: Dark chocolate has become a popular choice for gifting, especially during festivals and special occasions. Its elegant packaging and premium appeal make it an attractive option for both personal and corporate gifting. This has further contributed to its share in the market.

Sales Channel Insights

The India real chocolate market has witnessed a notable transformation in recent years, with the emergence of online sales channels as a pivotal force driving growth and shaping consumer preferences. The significance of online sales channels in this market is a reflection of changing consumer behavior, convenience, and the digital revolution sweeping across India.

E-commerce Proliferation: The proliferation of e-commerce platforms in India has been nothing short of remarkable. Online marketplaces like Amazon, Flipkart, and specialized chocolate retailers have made it easier than ever for consumers to browse, compare, and purchase real chocolate products from the comfort of their homes. This shift has significantly expanded the reach of the real chocolate market, transcending geographical boundaries and bringing gourmet chocolate brands to consumers even in remote areas.

Convenience and Variety: Online sales channels offer unparalleled convenience to consumers. Shoppers can access a vast array of real chocolate products with a few clicks, eliminating the need for physical store visits. Moreover, the online platform allows for easy exploration of diverse chocolate flavors, origins, and brands. This variety has made it possible for consumers to discover and indulge in premium and artisanal chocolates that were previously not readily available in traditional brick-and-mortar stores.

Exclusive Offerings: Many chocolate manufacturers and retailers have recognized the potential of online sales channels to showcase exclusive and limited-edition chocolate products. They often use their websites and e-commerce platforms to launch new flavors, seasonal collections, and collaborations with renowned chocolatiers. These exclusive offerings not only generate buzz but also create a sense of anticipation among chocolate enthusiasts.

Gifting and Special Occasions: Real chocolate has become a favored choice for gifting on special occasions, and online sales channels have facilitated this trend. The ease of ordering chocolates online and having them delivered directly to the recipient's doorstep has made it a popular choice for birthdays, anniversaries, festivals, and corporate gifting. Personalized packaging and customizable gift sets further enhance the appeal of real chocolate as a thoughtful and elegant gift.

Consumer Reviews and Recommendations: Online sales channels provide a platform for consumers to leave reviews and recommendations, which influence the purchasing decisions of others. Positive feedback and word-of-mouth endorsements play a vital role in building trust and credibility for real chocolate brands. Online reviews serve as a valuable resource for consumers seeking assurance of quality and taste.

Digital Marketing and Promotion: Chocolate manufacturers and retailers leverage digital marketing and social media to promote their products and engage with consumers. Through visually appealing advertisements, interactive campaigns, and engaging content, they create brand awareness and maintain a strong online presence. This digital marketing strategy not only attracts new customers but also fosters brand loyalty.

Competitive Pricing and Discounts: Online sales channels often feature competitive pricing and exclusive discounts, making real chocolate more accessible to a wider audience. This competitive pricing, coupled with the convenience of doorstep delivery, incentivizes consumers to explore and purchase real chocolate products online.

Regional Insights

The North region of India has firmly established itself as a pivotal player in the country's burgeoning real chocolate market, boasting a substantial share in this delectable industry. This remarkable feat is attributed to a multitude of factors that have collectively propelled the North into a leading position within the realm of real chocolate consumption.

First and foremost, the changing preferences and discerning palates of consumers have played a paramount role in elevating the North's status within the India real chocolate market. As people have become increasingly exposed to global confectionery trends and developed a taste for high-quality chocolates, the demand for real chocolate products has soared. This shift in consumer preferences has prompted chocolate manufacturers to cater to the growing appetite for authentic chocolate experiences.

Urbanization and rising disposable incomes have also been instrumental in fueling the North's dominance in the real chocolate market. As more urban centers have emerged in the region, accompanied by a surge in economic activities, consumers have exhibited a heightened willingness to indulge in premium and real chocolate offerings. Real chocolate, with its rich cocoa content and distinct flavors, has found favor among those looking for a touch of luxury in their culinary experiences.

Furthermore, the retail landscape in the North has witnessed a significant transformation. The proliferation of modern retail outlets, specialty chocolate boutiques, and e-commerce platforms has made it easier for consumers to access a wide array of real chocolate products. This enhanced accessibility has been a key driver in the North's increasing share of the market.

Regional diversity and a penchant for gastronomic innovation have also played a pivotal role in the North's real chocolate market success. The region's culinary tapestry encompasses a myriad of flavors and traditions, and chocolate manufacturers have capitalized on this diversity by introducing region-specific chocolate variants infused with traditional spices, fruits, and other indigenous ingredients. This localization strategy has resonated with consumers, further driving the consumption of real chocolate.

Additionally, government initiatives and policies aimed at promoting food processing and supporting the confectionery industry have fostered an environment conducive to the growth of the real chocolate market in the North. These policies have encouraged investments in production facilities, quality control, and supply chain management.

Report Scope:

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

India Real Chocolate Market, By Product Type:

  • Dark
  • Milk
  • White

India Real Chocolate Market, By Packaging Type:

  • Pouches & Bags
  • Boxed Chocolate
  • Others

India Real Chocolate Market, By Sales Channel:

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online
  • Others

India Real Chocolate Market, By Region:

  • North
  • South
  • East
  • West

Competitive Landscape

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

Available Customizations:

India Real Chocolate Market report with the given market data, the publisher offers customizations according to a company's specific needs.


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Table of Contents

1. Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. Voice of Customer Analysis (B2C Model Analysis)
4.1. Brand Awareness
4.2. Factors Influencing Purchase Decision
4.3. Challenges Faced Post Purchase
5. India Real Chocolate Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product Type Market Share Analysis (Dark, Milk, and White)
5.2.2. By Packaging Type Market Share Analysis (Pouches & Bags, Boxed Chocolate, and Others)
5.2.3. By Sales Channel Market Share Analysis (Supermarkets/Hypermarkets, Convenience Stores, Online, and Others)
5.2.4. By Regional Market Share Analysis
5.2.4.1. North Market Share Analysis
5.2.4.2. South Market Share Analysis
5.2.4.3. East Market Share Analysis
5.2.4.4. West Market Share Analysis
5.2.5. By Company Market Share Analysis
5.3. India Real Chocolate Market Mapping & Opportunity Assessment
5.3.1. By Product Type Market Mapping & Opportunity Assessment
5.3.2. By Packaging Type Market Mapping & Opportunity Assessment
5.3.3. By Sales Channel Market Mapping & Opportunity Assessment
5.3.4. By Regional Market Mapping & Opportunity Assessment
6. India Dark Real Chocolate Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Packaging Type Market Share Analysis
6.2.2. By Sales Channel Market Share Analysis
7. India Milk Real Chocolate Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Packaging Type Market Share Analysis
7.2.2. By Sales Channel Market Share Analysis
8. India White Real Chocolate Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Packaging Type Market Share Analysis
8.2.2. By Sales Channel Market Share Analysis
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Impact of COVID-19 on India Real Chocolate Market
10.1. Impact Assessment Model
10.1.1. Key Segments Impacted
10.1.2. Key Regions Impacted
11. Market Trends & Developments
12. Porter’s Five Forces Model
12.1. Competitive Rivalry
12.2. Bargaining Power of Buyers
12.3. Bargaining Power of Suppliers
12.4. Threat of New Entrants
12.5. Threat of Substitutes
13. SWOT Analysis
13.1. Strengths
13.2. Weaknesses
13.3. Opportunities
13.4. Threats
14. Policy and Regulatory Landscape15. India Economic Profile
16. Competitive Landscape
16.1. Company Profiles
16.1.1. Mondelez International Inc.
16.1.2. Company Details
16.1.2.1. Product & Services
16.1.2.2. Financials (As Per Availability)
16.1.2.3. Key market Focus & Geographical Presence
16.1.2.4. Recent Developments
16.1.2.5. Key Management Personnel
16.1.3. Mars Incorporated
16.1.3.1. Company Details
16.1.3.2. Product & Services
16.1.3.3. Financials (As Per Availability)
16.1.3.4. Key market Focus & Geographical Presence
16.1.3.5. Recent Developments
16.1.3.6. Key Management Personnel
16.1.4. Nestlé SA
16.1.4.1. Company Details
16.1.4.2. Product & Services
16.1.4.3. Financials (As Per Availability)
16.1.4.4. Key market Focus & Geographical Presence
16.1.4.5. Recent Developments
16.1.4.6. Key Management Personnel
16.1.5. Ferrero International SA
16.1.5.1. Company Details
16.1.5.2. Product & Services
16.1.5.3. Financials (As Per Availability)
16.1.5.4. Key market Focus & Geographical Presence
16.1.5.5. Recent Developments
16.1.5.6. Key Management Personnel
16.1.6. The Hershey Company
16.1.6.1. Company Details
16.1.6.2. Product & Services
16.1.6.3. Financials (As Per Availability)
16.1.6.4. Key market Focus & Geographical Presence
16.1.6.5. Recent Developments
16.1.6.6. Key Management Personnel
16.1.7. Chocoladefabriken Lindt & Sprüngli AG
16.1.7.1. Company Details
16.1.7.2. Product & Services
16.1.7.3. Financials (As Per Availability)
16.1.7.4. Key market Focus & Geographical Presence
16.1.7.5. Recent Developments
16.1.7.6. Key Management Personnel
16.1.8. Gujarat Cooperative Milk Marketing Federation (Amul)
16.1.8.1. Company Details
16.1.8.2. Product & Services
16.1.8.3. Financials (As Per Availability)
16.1.8.4. Key market Focus & Geographical Presence
16.1.8.5. Recent Developments
16.1.8.6. Key Management Personnel
16.1.9. Lotus Chocolate Company Limited
16.1.9.1. Company Details
16.1.9.2. Product & Services
16.1.9.3. Financials (As Per Availability)
16.1.9.4. Key market Focus & Geographical Presence
16.1.9.5. Recent Developments
16.1.9.6. Key Management Personnel
16.1.10. The Campco Limited
16.1.10.1. Company Details
16.1.10.2. Product & Services
16.1.10.3. Financials (As Per Availability)
16.1.10.4. Key market Focus & Geographical Presence
16.1.10.5. Recent Developments
16.1.10.6. Key Management Personnel
16.1.11. ITC Limited
16.1.11.1. Company Details
16.1.11.2. Product & Services
16.1.11.3. Financials (As Per Availability)
16.1.11.4. Key market Focus & Geographical Presence
16.1.11.5. Recent Developments
16.1.11.6. Key Management Personnel
17. Strategic Recommendations
17.1. Key Focus Areas
17.2. Target Product Type
17.3. Target Sales Channel
18. About the Publisher & Disclaimer

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Mondelēz International Inc.
  • Mars Incorporated
  • Nestlé SA
  • Ferrero International SA
  • The Hershey Company
  • Chocoladefabriken Lindt & Sprüngli AG
  • The Campco Limited
  • Gujarat Cooperative Milk Marketing Federation (Amul)
  • Lotus Chocolate Company Limited
  • ITC Limited