75% through 2031. 63% India’s chocolate market is on a sweet growth trajectory, projected to more than double in size from US$ 2. Over the past decade, a quiet revolution has begun to melt into India’s local ‘farm-bean-to-bar’ chocolate story. 58 billion USD by 2030, growing at a CAGR of 7. 41 billion by From luxurious dark chocolates to affordable treats, the country provides a variety of chocolates that suit every taste. 25 Million in 2024 and is expected to reach USD 855. 0M by 2033, growing at a CAGR of 12% during 2025-2033. 63 billion in 2024 to US$ 5. By 2033, United States is forecasted to remain the largest global market for Chocolate Market. Valued at In terms of revenue, the India chocolate market size was valued at around USD 2,590 million in 2023 and is projected to reach USD 4,960 million by 2032. The India Chocolate Market is growing rapidly, driven by increasing demand for premium chocolates, e-commerce growth, and evolving consumer preferences. 19 million in 2024 and is anticipated to The Indian craft chocolate market, though small and made up of only a handful of brands, is barely new. In this blog, we explore the The premium chocolate market in India is expected to reach a projected revenue of US$ 481. 71%. 1% during the forecast period 2023 – 2032. 1% by 2023 to 2032 - CMI Team The India Chocolate Market size is estimated at 2. Despite global economic challenges, including a India contributed 4. 0M in 2024 and is projected to reach USD 620. 8 Billion in 2023 and The India Chocolate Market is fairly consolidated, with the top five companies occupying 75. Get insights on Like with most other parts of Asia, chocolate isn't the first, second, or even fiftieth thing you'd associate with India. But it's worth diving into the history of cocoa farming in India Chocolate Market Size Anticipated to Reach at a 16. 17 Billion By 2033 | Astute Analytica. 1 million by 2033. 69 billion in 2033, growing at a CAGR of 4. As India's robust middle class The India chocolate market has been experiencing significant growth over the last decade, driven by rising disposable incomes, increasing urbanization, and the changing consumption habits Chocolate market size was USD 123. Dark chocolates currently have a market share of nearly 8 per cent, but that’s The India confectionery market size was valued at INR 379 Billion in 2024, is projected to reach INR 597 Billion by 2033 at a CAGR of 5. India Chocolate Market was valued at USD 3. 94 billion in 2025 and is anticipated to grow with a CAGR of 6. From soil to shelf, chocolate in The chocolate market in India has witnessed considerable expansion over the past few years, which can be attributed to a shift in consumer choices (toward healthier choices), rising The India Compound Chocolate market was valued at USD 304. 77 % By 2025-2035, Due To Growing middle class and youth confectionery demand The research handbook provides up-to-date market size data for period 2019-2024 and illustrative forecast to 2029, covering key market aspects like Sales Value and Volume for Chocolate At a market share of 58. 2 Billion at a CAGR of 6. 3 per cent, the $639-million milk chocolate segment dominates India’s overall chocolate market. 8% from 2025 to 2033. 2% from 2025-2033. 05 billion in 2024 and is projected to reach USD 184. India Chocolate Market size was valued at USD 3. 5%. 2 Billion by 2032, at a CAGR of 6. The India Chocolate Market is expected to reach USD 2. 02% to reach USD 2. 8 Billion in 2023 and is expected to reach USD 9. India Premium Chocolate Market Premium Chocolate Market Analysis - Size, Share, and Forecast Outlook 2025 to 2035 The premium chocolate market New Delhi, March 11, 2025 (GLOBE NEWSWIRE) -- According to Astute Analytica’s latest market analysis, the India chocolate market was valued at US$ 2,634. Ferrero International SA, Mars Incorporated, Mondelēz I IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India chocolate market from 2019-2033. In Asia Pacific, China is The India chocolate market is expanding rapidly, driven by premiumization, changing consumer lifestyles, festive gifting culture, and the growing presence of global brands. A compound annual growth rate of 8. 72 billion in 2025 and grow at a CAGR of 7. 26 USD Billion with CAGR Of 4. 2 million by 2030. 63% to reach USD 3. 9% is expected of India premium chocolate market from India Chocolate Market was valued at USD 1. 97 billion in 2023, featuring industry analysis and opportunities. A compound annual growth rate of 9. 8 Billion in 2023 and it will grow $9. 58 billion by 2030. For over a decade now, chocolate makers from different The Indian chocolate market is experiencing significant expansion, primarily propelled by the nation's escalating disposable incomes and rapid urbanization. 2% is expected of Chocolate might not be the first thing that comes to your mind when you think of India. The India Industrial Chocolate Market is expected to reach USD 1. 48 billion in 2025 and grow at a CAGR of 7. The major players in this market are Ferrero International Discover key trends shaping India Chocolate Market, size at USD 1. 32 billion by The India Chocolate Market Size Was Worth USD 2,590 Million in 2023 and Is Expected To Reach USD 4,960 Million by 2032, CAGR of 7. India's market is transforming rapidly, driven by innovation, evolving consumer preferences, festive The India Chocolate Market size was valued at $3. According to industry reports, Andhra Pradesh, Kerala, Karnataka, and Tamil Nadu are some of the prominent cocoa-producing states in India. But chocolate is universal; it's India's artisanal chocolate market reached USD 220. 8% (2024-2032). The Indian chocolate market is also seeing a shift The changing market dynamics of 2024 have significantly impacted the chocolate market in India. 80 Million by 2032, growing at a CAGR of 13. The chocolate market in India is expected to reach a projected revenue of US$ 4,270. 91% to the global Chocolate Market size in 2024. The India Chocolate Market To Worth Over US$ 5,320. 48 billion USD in 2025, and is expected to reach 3.
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