India Chocolate Market was value US$ 1.50 Bn in 2018 and is projected to grow at a US$ XX Bn by 2026 at a CAGR of over XX % during the forecast period.
To know about the Research Methodology:-Request Free Sample Report Changing food consumption patterns in India, increasing per capita income, affluent middleclass purchasing power coupled with marketing and promotional activities has boosted the c hocolate market. Sale of boxed assortment is growing at a faster pace driven by increased i n occasional gifting trend. Affordable price and discount offered at supermarkets/hypermark ets and healthy eating habits are another factor boosted sales. Milk chocolate is the most popular and are highly demanded worldwide with a major share in the market. Dark chocolates makes it good for curing heart diseases and with increasing he alth concerns among the people. Per capita consumption of chocolates has almost doubled i n past many years due to increasing awareness among the consumers regarding health iss ues such as blood pressure and cholesterol. Milk Chocolate ruled and will continue to, Milk chocolate is foreseen to fall owing to non- pre sence of cocoa in white chocolates, the consumption of it is expected to fall in the coming fu ture. Heavy advertising through campaigns and media about the nutritional perspective of ch ocolates in order to boost the sales of dark chocolate. Supermarket channel dominated the India chocolate market. Expanding retail chain in the c ountry offer a potential growth opportunity to the market. Online shopping that provides exciting offers and brands is attracting Indians. Digital India h as greatly impacted the online sales of finished goods and product. Convenience, ease of se arching, billing, wide selection of products and discounts and promotion fuelled the online ch ocolate sale.