Indian Chocolate Market Forecast to 2019

Marketreportsonindia.com presents a report on “Indian Chocolate Market Forecast to 2019.” Currently, consumers prefer well wrapped chocolate packets as gift rather than traditional sweets on occasions and festivals.

Navi Mumbai, India, October 20, 2014 --(PR.com)-- 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.

For more information kindly visit: http://www.marketreportsonindia.com/food-beverages-market-research-reports-11852/indian-chocolate-market-forecast.html

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