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India and China are amongst the four countries projected to have the highest chocolate market growth in the period 2015-2020. Other countries include Mexico and Brazil. The domestic chocolate industry is worth approximately INR 7,000 crores and is currently growing at a rate of 20% annually, projected to grow by 30% by 2020. Close to 70% of the chocolate is consumed in urban India. Factors such as poor infrastructure, lack of cold storage facilities and greater affinity for traditional Indian sweets inhibit the growth of the rural chocolate market.Emerging trends in the country include a growing affinity for dark and sugarless chocolate, along with growing demand for premium chocolates.
The government corruption crackdown has dampened the chocolate market in China. In 2014 the per capita consumption of chocolate in China was just 0.2 kgs as compared with 2.5 kgs per person in Brazil, 0.7 kgs per person in India and 2.2 kgs in United States.In 2014, the chocolate market in China generated sales worth approximately USD 3.2 billion and is projected to grow to USD 4.4billion by 2020.A challenge facing the market is that Chinese customers do not trust home grow brands due to food safety issues. They have a greater affinity for foreign chocolate brands, close to 70% of the Chinese chocolate market is controlled by European brands. Other than the food safety concern, the poor performance of local chocolate brands can be attributed primarily to poor marketing efforts
Why should the report be purchased?
The report 'A Study of the Indo-China Chocolate Market 2016'highlights key dynamics ofthe global, India and China'schocolate market. The potential of the sector has been investigated along with the emerging trends.The current market scenario and future prospects of the sector has also been studied. The report contains profiles of key players including Nestle S.A., Mars Foods, Ferrero Rocher, The Hershey Company, Mondelez International Inc., Amul. The report contains latest opinions of industry experts.
Research methodology and delivery time
Smart Research Insights has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications has been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
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About Smart Research Insights (SRI)
SRI is a research organization specializing in industry research reports and custom research. Our team of dedicated researchers with rich experience across industry segments focuses on delivering high quality analysis. Undertaking in-depth secondary research, we arrive at key insights, which are supported by data that has been analyzed impartially to present a clear picture of the industry. All recent developments and industry opinions which impact the sector dynamics are captured and used to support the research hypothesis.
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Table of Contents
1.2 Market Statistics & Performance
2. India ChocolateMarket
2.2 Market Statistics& Performance
3. China ChocolateMarket
3.2 Market Statistics & Performance
4. Market Drivers
5. Emerging Trends
6. Competitive Landscape
6.1 Nestle S.A.
6.2 Mars Foods
6.3 Ferrero Rocher
6.4 The Hershey Company
6.5 MondelezInternational Inc.
7. List of Charts and Graphs
7.1 Global Forecast Leading Chocolate Consuming Countries (2020, thousand tons)
7.2 Global Total Chocolate Consumption (1999, 2009 & 2020 P, million tonnes)
7.3 Global Top Eight Confectionery Companies Net Confectionary Sales (2015, USD millions)
7.4 United States Top 5 Chocolate Companies by Market Share (%, 2015)
7.5 India Chocolate Market Share by Type (%, 2014)
7.6 India Chocolate Market Size (2012-2019 E, INR billion)
7.7 India Retail Sales of Chocolate (2010-2014, billion USD)
7.8 India Chocolate Market Share by Type (%, 2014)
7.9 China Chocolate Market Share by Players (%, 2014)
7.10 China Chocolate Market Size (2014-2019 E, tonnes)
7.11 China Retail Sales of Chocolate (billion USD)
8. Research Methodology
9. About Smart Research Insights
List of Figures
1. Global Forecast Leading Chocolate Consuming Countries (2020, thousand tons)
2. Global Total Chocolate Consumption (1999, 2009 & 2020 P, million tonnes)
3. Global Top Eight Confectionery Companies Net Confectionary Sales (2015, USD millions)
4. United States Top 5 Chocolate Companies by Market Share (%, 2015)
5. India Chocolate Market Share by Type (%, 2014)
6. India Chocolate Market Size (2012-2019 E, INR billion)
7. India Retail Sales of Chocolate (2010-2014, billion USD)
8. India Chocolate Market Share by Type (%, 2014)
9. China Chocolate Market Share by Players (%, 2014)
10. China Chocolate Market Size (2014-2019 E, tonnes)
11. China Retail Sales of Chocolate (billion USD)
2. Mars Foods
3. Ferrero Rocher
4. The Hershey Company
5. MondelezInternational Inc.
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