
The market for chocolate confectionery is set for moderate growth, with projections indicating an increase of USD 1.7 billion and a CAGR nearing 9% over the forecast period. India’s chocolate confectionery market is rapidly growing, propelled by increasing urbanization, rising disposable incomes, and the influence of Western culture. A burgeoning youth population and a shift from traditional sweets to chocolates as an everyday indulgence are key drivers. Innovations in product flavors and formats, along with the expansion of organized retail and e-commerce, are making chocolates more accessible to a wider audience.
This report provides a comprehensive analysis of the India chocolate confectionery market, combining historical data from 2020 to 2024 with forward-looking projections through 2030. It examines market size, growth rates, and key trends, offering a detailed perspective on the industry’s evolution. The analysis is structured across critical dimensions, including product type, type and distribution channel, enabling stakeholders to identify opportunities and make informed strategic decisions.
Market Segmentation
The segmentation of the India chocolate confectionery market is outlined below:
Product type: boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, others
Type: regular, sugar-free
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, e-commerce, others
The chocolate confectionery market in India is segmented across product type, type and distribution channel. By product type, the market includes boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, and others. Type categories include regular, and sugar-free. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, e-commerce, and others.
Competitive Landscape
Key players in the India chocolate confectionery market include The Hershey Company, Nestle S.A., Mondelez International Inc., Mars Incorporated, Gujarat Co-operative Milk Marketing Federation Limited (GCMMF), global Consumer Products (Pvt) Ltd., Ferrero International S.A. and Chocoladefabriken Lindt & Sprungli AG. This report presents an extensive analysis of major entities in the chocolate confectionery market, focusing on their performance from 2020 to 2024. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the India chocolate confectionery market.
Gain in-depth analysis and forecasts for the key segments of the India chocolate confectionery market: product type, type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the India chocolate confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the India chocolate confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
India Chocolate Confectionery Market – Product Type Analysis
India Chocolate Confectionery Market – Type Analysis
India Chocolate Confectionery Market – Distribution Channel Analysis
Company Shares Analysis
The Hershey Company
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Gujarat Co-operative Milk Marketing Federation Limited (GCMMF)
Global Consumer Products (Pvt) Ltd.
Ferrero International S.A.
Chocoladefabriken Lindt & Sprungli AG
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table India Chocolate Confectionery Market 2020-2030
Chart India Chocolate Confectionery Market, Net Growth, 2020-2030
Chart India Chocolate Confectionery Market, Growth Rates, 2020-2030
Table India Chocolate Confectionery Market by Product Type, 2020-2030
Chart India Chocolate Confectionery Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart India Chocolate Confectionery Market by Product Type, 2020-2030
Table India Chocolate Confectionery Market by Type, 2020-2030
Chart India Chocolate Confectionery Market by Type, CAGR Historic and Forecast, 2020-2030
Chart India Chocolate Confectionery Market by Type, 2020-2030
Table India Chocolate Confectionery Market by Distribution Channel, 2020-2030
Chart India Chocolate Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart India Chocolate Confectionery Market by Distribution Channel, 2020-2030
Table India Chocolate Confectionery Market Share (%), by Companies, 2020-2024
Chart India Chocolate Confectionery Market, by Companies, 2024
Table India Chocolate Confectionery Market Share (%), by Brands, 2020-2024
Chart India Chocolate Confectionery Market, by Brands, 2024
Table India – Population (Millions) and Forecast
Table India – Consumer Price Index (CPI) and Forecast
Table India – Gross Domestic Product and Forecast
Table India Chocolate Confectionery Market: Spend as a Proportion of GDP (%)
Table India Chocolate Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
The Hershey Company
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Gujarat Co-operative Milk Marketing Federation Limited (GCMMF)
Global Consumer Products (Pvt) Ltd.
Ferrero International S.A.
Chocoladefabriken Lindt & Sprungli AG
$425.0
What's Inside?
→ Market Estimates, Forecasts & Historical Data
→ Critical Performance Data and Rankings
→ Emerging Trends, Market Changes
→ PDF Report and Excel Datasheet
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