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Indian Chocolate Market Forecast to 2019

  • October 2014
  • -
  • IBNA Research
  • -
  • 130 pages

Chocolates have now become one of the major substitutes of the traditional sweets in India. Currently, consumers prefer well wrapped chocolate packets as gift rather than traditional sweets on occasions and festivals. In India, apart from kids, the major consumers of chocolates are teenagers and young people. Also, Chocolates which were earlier considered expensive have now become affordable by one and all.
Also, the strong economic growth of the last few years and increasing brand consciousness among the new wealthy Indian middle class combined with a greater exposure to western lifestyle has created hunger for branded Chocolate in the country.

Over the past five years (2009-10 to 2013-14), the Indian Chocolate Market has been growing at a rapid pace and is expected to sustain its growth in the coming years.

In order to help manufacturers, importers and exporters to better understand the Chocolate market in India, IBNA Research, a division of Indian Business News Agency (IBNA), has launched a new market research report titled “Indian Chocolate Market Forecast to 2019”.

“Indian Chocolate Market Forecast to 2019” is a comprehensive market research report that contains detail statistics, in-depth analysis, and quality research on Indian Chocolate market. This market research report is unique in its collection of highly relevant data, from legislation and imports to pricing levels, analyses of market share, market growth and more.

The report categorizes Indian Chocolate market into four product segments such as Moulded Chocolates, Countline Bars, Sugar Panned and Choco Panned to provide a detailed overview of past and present performance of each segment.
The report starts with an introduction of India's demographic and macroeconomic indicators, including focus on Indian Cities for Growth.

Chapter Two of the report explains government regulations, policy on food products, especially on Chocolate. The chapter brings the rules and regulations of imported foods and their impact on the Chocolate industry in India. It also provides market entry strategy, explains entrance routes and analyses the most relevant options for the foreign Chocolate companies to enter in the market.

Chapter Three covers duties and taxes on Chocolate, including detail discussion on tax rates imposed by the central government as well as the state governments.

Chapter Four discusses the production of Chocolate in the country including data on production. The chapter provides the information and statistics needed to understand the dynamics of Chocolate industry in the country.

Chapter Five compiles details import and export statistics on Chocolate from 2009-10 to 2013-14. The chapter provides contact information of major importers and exporters of Chocolate in India.

Chapter Six highlights the Indian consumer income grouping, consumer classes, their characteristics, behavior and preferences. The chapter will help the Chocolate companies to understand the mental makeup of the Indian consumers.

Chapter Seven provides lists of retail prices of different categories of Chocolate in the Indian market as well as it provides retail prices of Chocolate from different brands. The chapter discusses the mechanism of formation of retail prices of Chocolate in the country.

Chapter Eight provides elaborate coverage of Indian Chocolate market. Providing detail statistics, the chapter analyses the market size, market growth and market share. The chapter categorizes Indian Chocolate market into four segments in order to provide a detailed overview of past and present performance, both in value and volume terms, of each segment. The segment-wise future outlook has been given in the report which will help readers to identify the future growth spots and the market target. The chapter also provides profiles of major Chocolate companies in the country.

Chapter Nine highlights various distribution networks existing in the Indian market and the market trends, food supply chains, potential future growth areas, and challenges for the sector.

If you are in the Chocolate industry take a look on the Table of Content and the Figures and Tables that are provided with this description and we are sure that you will benefit greatly from the information compiled in “Indian Chocolate Market Forecast to 2019”.

Table Of Contents

Indian Chocolate Market Forecast to 2019
CHAPTER ONE: INTRODUCTION

1. Introduction
1.1 Demographic Distribution of Population
1.2 Demographic Distribution of Population on the basis of Age
1.3 Population in the Major Cities
1.4 Projected of Population 2013-2026
1.5 Annual GDP growth
1.6 India's Real GDP Growth
1.7 Focused Cities for Growth
1.7.1 Maturing Cities
1.7.2 High Growth Cities
1.7.3 Emerging Cities
1.7.4 Potential Cities

CHAPTER TWO: POLICY and REGULATIONS

2. Overview
2.1 Regulatory Framework and Legislations
2.2 Sector specific Regulations
2.3 Foreign Direct Investment (FDI) Policy
2.4 Business Structure Options
2.5 Wholly Owned Subsidiary
2.6 Strategic License Agreement
2.7 Franchising
2.8 Distribution
2.9 Manufacturing
2.10 Joint Ventures
2.11 Cash and Carry Wholesale Trading
2.12 Labour Laws
2.13 Indian System of Counting Money

CHAPTER THREE: DUTIES and TAXES

3. Overview
3.1 Value Added Tax (VAT)
3.2 Customs duties
3.3 Excise Duties
3.4 Tax Reforms

CHAPTER FOUR: CHOCOLATE INDUSTRY and PRODUCTION

4. Production: Overview
4.1 Essential Raw Materials
4.1.1 Availability of Raw Materials
4.2 Technology Used by the Industry
4.3 Labour and Wages
4.4 Government's Support
4.5 Industry Associations



CHAPTER FIVE: IMPORT and EXPORT

5. Import and Export of Chocolates: An Overview
5.1 Category-wise Imports of Chocolates 2009-10 to 2013-14
5.1.1 Country-wise Imports of Chocolates 2009-10 to 2013-14
5.1.2 Contact Addresses of Major Importers of Chocolates
5.2 Category-wise Exports of Chocolates 2009-10 to 2013-14
5.2.1 Country-wise Exports of Chocolates 2009-10 to 2013-14
5.2.2 Contact Addresses of Major Exporters of Chocolates

CHAPTER SIX: CONSUMERS

6. Characteristics of Indian Consumer
6.1 Income Grouping
6.2 Indian Consumer Classes
6.3 Consumer Expenditures
6.4 Indian Consumer's Perception about Foreign Products
6.5 Factors that Influence the Choices of Consumers

CHAPTER SEVEN: PRICE

7. Price: Overview
7.1 Retail Price of Chocolates in Indian Market
7.2 Formation of Retail Prices of Chocolates
7.3 Price Factor

CHAPTER EIGHT: MARKET

8. Current Trends in Indian Chocolate Market
8.1 Market Structure
8.1.1 Chocolate Market - Organized Vs Unorganized
8.1.2 Chocolate Market - Urban Vs Rural
8.2 Market Size of Chocolate 2009-10 to 2013-14
8.3 Market Growth of Chocolate 2008-09>2009-10 to 2012-13>2013-14
8.4 Market Share of Chocolate 2009-10 to 2013-14
8.5 Market Forecast of Chocolate 2014-15 to 2018-19
8.6 List of Chocolate Brands Available in Indian Market
8.7 Profiles of Selected Major Chocolate Companies
8.7.1 Chocoalacarte
8.7.2 Ferrero India
8.7.3 Gujarat Cooperative Milk Marketing Federation Limited (GCMMF)
8.7.4 Hershey India Private Limited
8.7.5 Le Chocolatier
8.7.6 Lotus Chocolates Company Limited
8.7.7 Mars International Private Limited
8.7.8 Mondelez India Foods Limited
(Formerly Cadbury India Limited)
8.7.9 Nestle India
8.7.10 Parle Products Limited
8.7.11 Patchi SAL
8.7.12The Campco Limited

CHAPTER NINE: DISTRIBUTION

9. Overview
9.1 Distribution Structure
9.2 The Food Supply Chain
9.3 Trade Margins
9.4 Terms of Credit
9.5 Logistics


CHAPTER TEN: MARKETING

10. Introduction
10.1 Exhibitions and Trade Shows
10.2 Advertisements and Media
10.3 Other Forms of Marketing and Communications
10.4 Online Sales

Tables:

Table 1: Cities having population 1 million and above
Table 2: Projected Total Population by Sex 2013-2026
Table 3: GDP Growth in India 2009-2013
Table 4: Real GDP Growth in India 2009-2013
Table 5: Value Added Tax (VAT) Rates on Chocolate
Table 6: Production of Chocolates 2009-10 to 2013-14
Table 7: Production of Different Product Categories of Chocolates 2009-10 to 2013-14
Table 8: ITC HS Code for Different Kinds of Chocolates
Table 9: Imports of Different Categories of Chocolates in terms of Volume 2009-10 to 2013-14
Table 10: Imports of Different Categories of Chocolates in terms of Value (INR) 2009-10 to 2013-14
Table 11: Imports of Different Categories of Chocolates in terms of Value (US$) 2009-10 to 2013-14
Table 12: Import of Chocolate and Chocolate Products (ITC HS Code 18069010) from Different Countries 2009-10
Table 13: Import of Chocolate and Chocolate Products (ITC HS Code 18069010) from Different Countries 2010-11
Table 14: Import of Chocolate and Chocolate Products (ITC HS Code 18069010) from Different Countries 2011-12
Table 15: Import of Chocolate and Chocolate Products (ITC HS Code 18069010) from Different Countries 2012-13
Table 16: Import of Chocolate and Chocolate Products (ITC HS Code 18069010) from Different Countries 2013-14
Table 17: Import of Coated with Chocolate or containing Chocolate (ITC HS Code 19053211) from Different Countries 2009-10
Table 18: Import of Coated with Chocolate or containing Chocolate (ITC HS Code 19053211) from Different Countries 2010-11
Table 19: Import of Coated with Chocolate or containing Chocolate (ITC HS Code 19053211) from Different Countries 2011-12
Table 20: Import of Coated with Chocolate or containing Chocolate (ITC HS Code 19053211) from Different Countries 2012-13
Table 21: Import of Coated with Chocolate or containing Chocolate (ITC HS Code 19053211) from Different Countries 2013-14
Table 22: Contact Addresses of Major Importers of Chocolate in India
Table 23: Exports of Different Categories of Chocolates in terms of Volume 2009-10 to 2013-14
Table 24: Exports of Different Categories of Chocolates in terms of Value (INR) 2009-10 to 2013-14
Table 25: Exports of Different Categories of Chocolates in terms of Value (US$) 2009-10 to 2013-14
Table 26: Export of Chocolate and Chocolate Products (ITC HS Code 18069010) to Different Countries 2009-10
Table 27: Export of Chocolate and Chocolate Products (ITC HS Code 18069010) to Different Countries 2010-11
Table 28: Export of Chocolate and Chocolate Products (ITC HS Code 18069010) to Different Countries 2011-12
Table 29: Export of Chocolate and Chocolate Products (ITC HS Code 18069010) to Different Countries 2012-13
Table 30: Export of Chocolate and Chocolate Products (ITC HS Code 18069010) to Different Countries 2013-14
Table 31: Export of Coated with Chocolate or containing Chocolate (ITC HS Code 19053211) to Different Countries 2009-10
Table 32: Export of Coated with Chocolate or containing Chocolate (ITC HS Code 19053211) to Different Countries 2010-11
Table 33: Export of Coated with Chocolate or containing Chocolate (ITC HS Code 19053211) to Different Countries 2011-12
Table 34: Export of Coated with Chocolate or containing Chocolate (ITC HS Code 19053211) to Different Countries 2012-13
Table 35: Export of Coated with Chocolate or containing Chocolate (ITC HS Code 19053211) to Different Countries 2013-14
Table 36: Contact Addresses of Major Exporters of Chocolate in India
Table 37: Indian Consumers - Income Groups
Table 38: Indian Consumer Classes
Table 39: National Sample Survey (NSS) — Monthly Household Expenditure in India
Table 40: Retail Price of Chocolates in Indian Market
Table 41: Percentage Share of Consumption of Chocolates in Different Zones in India
Table 42: Size of Chocolate Market in Terms of Volume 2009-10 to 2013-14
Table 43: Size of Chocolate Market in Terms of Value (INR) 2009-10 to 2013-14
Table 44: Size of Chocolate Market in Terms of Value (US$) 2009-10 to 2013-14
Table 45: Market Size of Different Product Categories of Chocolate in Terms of Volume 2009-10 to 2013-14
Table 46: Size of Different Product Categories of Chocolate Market in Terms of Value (INR) 2009-10 to 2013-14
Table 47: Size of Different Product Categories of Chocolate Market in Terms of Value (US$) 2009-10 to 2013-14
Table 48: Chocolate Market - Percentage of Volume Share of Different Product Categories 2009-10 to 2013-14
Table 49: Chocolate Market - Percentage of Value Share of Different Product Categories 2009-10 to 2013-14
Table 50: Chocolate Market - Percentage of Volume Growth of Different Product Categories 2008-09>2009-10 to 2012-13>2013-14
Table 51: Chocolate Market - Percentage of Value Growth of Different Product Segments 2008-09>2009-10 to 2012-13>2013-14
Table 52: Forecast— Size of Chocolate Market in Terms of Volume 2014-2018
Table 53: Forecast— Size of Chocolate Market in Terms of Value (INR) 2014-2018
Table 54: Forecast— Size of Chocolate Market in Terms of Value (US$) 2014-2018
Table 55: Forecast— Percentage of Volume CAGR of Different Product Segments of Chocolate Market 2014-15 to 2018-19
Table 56: Forecast— Size of Different Product Segments of Chocolate Market in Terms of Volume 2014-2018
Table 57: Forecast— Value CAGR of Different Product Segments of Chocolates Market 2014-15 to 2018-19
Table 58: Forecast— Size of Different Product Segments of Chocolates Market in Terms of Value (INR) 2014-15 to 2018-19
Table 59: Forecast— Size of Different Product Segments of Chocolates Market in Terms of Value (US$) 2014-15 to 2018-19
Table 60: List of Chocolate Companies and Their Product Brands
Table 61: List of Foreign Chocolate Brands Available in Indian Market
Table 62: Percentage of Trade Margins in Different Stages of Distribution Network
Table 63: Period of Credit
Table 64: List of Food Exhibitions in India
Table 65: List and Description of English Daily News Papers and their Circulations
Table 66: List and Description of Hindi Daily News Papers and their Circulations
Table 67: List and Description of English Magazines
Table 68: List and Description of Hindi Magazines
Table 69: List and Description of Trade Newspapers and Magazines
Table 70: List and Description of English TV Channels
Table 71: List and Description of Hindi TV Channels

Figures:

Figure 1: Percentage Share of Consumption of Chocolates in Different Zones in India
Figure 2: Indian Chocolate Market - Organized Vs. Unorganized Sector
Figure 3: Urban Vs Rural Chocolate Market in India
Figure 4: Different Product Segments of Indian Chocolate Market
Figure 5: Size of Chocolate Market in Terms of Volume 2009-10 to 2013-14
Figure 6: Size of Chocolate Market in terms of Value 2009-10 to 2013-14
Figure 7: Market Size of Different Product Categories of Chocolate in Terms of Volume 2009-10
Figure 8: Market Size of Different Product Categories of Chocolate in Terms of Volume 2010-11
Figure 9: Market Size of Different Product Categories of Chocolate in Terms of Volume 2011-12
Figure 10: Market Size of Different Product Categories of Chocolate in Terms of Volume 2012-13
Figure 11: Market Size of Different Product Categories of Chocolate in Terms of Volume 2013-14
Figure 12: Market Size of Different Product Categories of Chocolate in Terms of Value 2009-10
Figure 13: Market Size of Different Product Categories of Chocolate in terms of Value 2010-11
Figure 14: Market Size of Different Product Categories of Chocolate in terms of Value 2011-12
Figure 15: Market Size of Different Product Categories of Chocolate in terms of Value 2012-13
Figure 16: Market Size of Different Product Categories of Chocolate in terms of Value 2013-14
Figure 17: Chocolate Market - Percentage of Volume Share of Different Product Categories 2009-10
Figure 18: Chocolate Market - Percentage of Volume Share of Different Product Categories 2010-11
Figure 19: Chocolate Market - Percentage of Volume Share of Different Product Categories 2011-12
Figure 20: Chocolate Market - Percentage of Volume Share of Different Product Categories 2012-13
Figure 21: Chocolate Market - Percentage of Volume Share of Different Product Categories 2013-14
Figure 22: Chocolate Market - Percentage of Value Share of Different Product Categories 2009-10
Figure 23: Chocolate Market - Percentage of Value Share of Different Product Categories 2010-11
Figure 24: Chocolate Market - Percentage of Value Share of Different Product Categories 2011-12
Figure 25: Chocolate Market - Percentage of Value Share of Different Product Categories 2012-13
Figure 26: Chocolate Market - Percentage of Value Share of Different Product Categories 2013-14
Figure 27: Percentage of Volume Growth of Moulded Chocolates Segment 2008-09>2009-10 to 2012-13>2013-14
Figure 28: Percentage of Volume Growth of Countline Bars Segment 2008-09>2009-10 to 2012-13>2013-14
Figure 29: Percentage of Volume Growth of Sugar Panned Segment 2008-09>2009-10 to 2012-13>2013-14
Figure 30: Percentage of Volume Growth of Choco Panned Segment 2008-09>2009-10 to 2012-13>2013-14
Figure 31: Percentage of Value Growth of Moulded Chocolates Segment 2008-09>2009-10 to 2012-13>2013-14
Figure 32: Percentage of Value Growth of Countline Bars Segment 2008-09>2009-10 to 2012-13>2013-14
Figure 33: Percentage of Value Growth of Sugar Panned Segment 2008-09>2009-10 to 2012-13>2013-14
Figure 34: Percentage of Value Growth of Choco Panned Segment 2008-09>2009-10 to 2012-13>2013-14
Figure 35: Forecast— Size of Chocolate Market in Terms of Volume 2014-15 to 2018-19
Figure 36: Forecast— Size of Chocolate Market in Terms of Value 2014-15 to 2018-19
Figure 37: Forecast— Percentage of Volume CAGR of Different Segments of Chocolate Market 2014-15 to 2018-19
Figure 38: Forecast — Size of Different Product Categories of Chocolate Market in Terms of Volume 2014-15
Figure 39: Forecast— Size of Different Product Categories of Chocolate Market in Terms of Volume 2015-16
Figure 40: Forecast— Size of Different Product Categories of Chocolate Market in Terms of Volume 2016-17
Figure 41: Forecast— Size of Different Product Categories of Chocolate Market in Terms of Volume 2017-18
Figure 42: Forecast— Size of Different Product Categories of Chocolate Market in Terms of Volume 2018-19
Figure 43: Forecast— Value CAGR of Different Segments of Chocolates Market 2014-15 to 2018-19
Figure 44: Forecast— Size of Different Categories of Chocolates Market in Terms of Value 2014-15
Figure 45: Forecast— Size of Different Categories of Chocolates Market in Terms of Value 2015-16
Figure 46: Forecast— Size of Different Categories of Chocolates Market in Terms of Value 2016-17
Figure 47: Forecast— Size of Different Categories of Chocolates Market in Terms of Value 2017-18
Figure 48: Forecast— Size of Different Categories of Chocolates Market in Terms of Value 2018-19
Figure 49: Distribution Network

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