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Showing posts with label nestle. Show all posts

Monday, 10 December 2018

India Chocolate Market Outlook", 2023


Christmas is all about cold snow, warm sweaters, bright lights & CHOCOLATES.
Christmas and chocolates go hand in hand since its origin
December 25, is theday when christmas is celeberated all over the world, be it children or adultsor age olds. Jesus chose to be born on the shortest day of the year for symbolic reasons, according to an early Christmas sermon. Christmas Day is celebrated as a major festival and public holiday in countries around the world, including many whose populations are mostly non-Christian.
The traditional colors of Christmas decorations are red, green, and gold. Red symbolizes the blood of Jesus,  which was shed in his crucifixion, while green symbolizes eternal life, and in particular the evergreen tree, which does not lose its leaves in the winter, and gold is the first color associated with Christmas, as one of the three gifts of the Magi, symbolizing royalty.

Christmas lights and banners may be hung along streets, music played from speakers, and Christmas trees placed in prominent places. It is common in many parts of the world for town squares and consumer shopping areas to sponsor and display decorations. In some countries, Christmas decorations are traditionally taken down on Twelfth Night, the evening of January 5.
Christmas, along with Easter, is the period of highest annual church attendance. People offer prayers at midnight and sing carols.

As a Christmas tradition, the chocolate coin giving was thought to be started by the deeds of Saint Nicholas. Although there isn't any written documentation, many legends speak of his kindness to children. He was said to be an incredibly shy person and wanted to give money to the poor children of Myra without them knowing about it. One night he climbed on a roof and threw a purse of money down a chimney, which landed in a pair of stockings that a little girl had hung up to dry.
In the United Kingdom chocolate coins mimic the design of real money; they are traditionally bought around Christmas and are used to decorate the Christmas tree and to fill the stockings of children. When children visit a friend or relative they are allowed to find and take chocolates from the tree as a treat. A variant of this is that chocolate coins are hidden somewhere in the house for children to find, often in the form of a treasure trail.

Chocolates are the major attractions on Christmas. It has many forms chocolate coins, chocolate pudding, chocolate mousse, chocolate cake, candy, chocolate bars, and chocolate gifting."India Chocolate Market Outlook", 2023 gives a comprehensive analysis on the Chocolate industry of India. In India, the hygiene products market has shown an explosive growth in recent years. The key growth drivers of chocolate industry in India are tradition of gifting sweets, shifting in consumer preference from traditional mithai to chocolates, rising income levels and attractive pricing which is suitable for every pocket. The urban India and tier I, II cities have woken up to the fad of chocolate being considered as a gift proposition. While even till few years back sweets were the only option in delicacy gifting, overt media exposure and smart marketing techniques have positioned chocolates as an alternative.

To download page: https://www.bonafideresearch.com/download_page.php?product_code=180920011

According to report, 'India Chocolate Market Outlook, 2023' published by Bonafide Research, total chocolate market has grown with 18% CAGR from 2011-12 to 2016-17 in value terms. In volume terms, it is predicted to have growth rate around XX% during forecast period. Total chocolate market is segmented into two broad categories i.e. Mass and Premium. It has three product viz. Dark chocolate, White chocolate and Milk chocolate. Milk chocolates have been always popular in India and contribute more than 70% of the total chocolate market.

India is now one of the world’s fastest growing chocolate confectionery markets. The Indian chocolate market is expected to grow by 20 per cent each year between 2016 and 2020. As a result, it is generating new demand from many customer segments, and growing rapidly. This remarkable transformation has been possible because the chocolate category has reinvented itself.

Covered in this report:
• India chocolate Market
• India Milk Chocolate
• India White Chocolate
• India Dark Chocolate
• India Mass Chocolate
• India Premium Chocolate

"India Chocolate Market Outlook, 2023" discusses the following aspects of Chocolate in India:
- Global Chocolate Market Size By Value & Forecast
- North America Chocolate Market Size By Value & Forecast
- Asia Pacific Chocolate Market Size By Value & Forecast
- Europe Chocolate Market Size By Value & Forecast
- Global Chocolate Segmental Analysis: By Region, By Company
- India Chocolate Market Size By Value & Forecast
- India Milk Chocolate Market Size By Value, Volume & Forecast
- India Dark Chocolate Market Size By Value, Volume & Forecast
- India White Chocolate Market Size By Value, Volume & Forecast
- India Mass Chocolate Market Size By Value, Volume & Forecast
- India Premium Chocolate Market Size By Value, Volume & Forecast
- India Chocolate Segmental Analysis: By Type, By Company, By Brand, By Region
- Key Vendors in this market space

This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

To request sample copy: https://www.bonafideresearch.com/samplereport/180920011/India-Chocolate-Market-Outlook-2023

Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of Chocolate in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Please get in touch with our sales team in order to find out more.

About Bonafide Research
Bonafide Research is a multi-disciplinary research and consulting company which provides all the data required to solve strategic, business and marketing problems. Bonafide is one of the fastest growing market research and consulting company offering syndicated research, custom research and marketing services. Bonafide Research has not only been working with fortune 500 clients but also served to mid-size companies, small specialists and even start-ups. Our quality of work has ensured repeat business, recognition and recommendations from clients across the world.
Please get in touch for more information.
CONTACT US
Bonafide Research & Marketing Pvt. Ltd.
Steven Thomas – Sales & Marketing Manager
E-mail: sales@bonafideresearch.com
Telephone: +91-7878231309
Website: http://bonafideresearch.com/

Keywords: chocolate,


Wednesday, 25 July 2018

Fight between the two giants to capture the riper part of the tomato ketchup market in India: Maggi vs. Kissan


The two multi-nationals are competing close to gain the bigger pie of the tomato ketchup market in India, in which the Swiss multinational seems to have captured a bigger share owing to the privilege of its brand name, whereas HUL has the weapon of wider portfolio in terms of flavours available.

Tomato ketchup is a very popular condiment made from tomatoes, vinegar, sweeteners, and salt. The India Ketchup and Pizza & Pasta Sauce market consists of tomato ketchup and pizza & pasta sauces. The tomato ketchup and sauces includes tomato ketchup and sauces like regular ketchup, hot and sweet ketchup, no onion no garlic ketchup and other unique ketchups like sweet and sour ketchup, chilli tomato sauce, Chatakedaar, sweet and spicy sauce, etc. This market is primarily driven by the growing demand for fast food and increasing number of QSRs across the country.

According to the report on 'India Tomato Ketchup and Pizza & PastaSauces Market Outlook, 2023' published by Bonafide Research, currently, the market for tomato ketchups and sauces is anticipated to reach to more than INR 2000 crores. The major companies in this market are Swiss company Nestle with its brand Maggi, which holds a lion share of more than a third of share in the market, Hindustan Unilever Limited with its brand Kissan, that holds a share of more than a quarter of the market and G.D. Foods with Tops brand. These three companies together hold the market share of more than three-fourth of the total market of ketchup and sauces.

Nestle offers 8 different types of sauces and ketchups like regular tomato ketchup, No Onion No Garlic (NONG) ketchup, Rich Tomato and Hot & Sweet (Tomato Chilli) under the brand Maggi. The Maggi sauce is leading the market, because of its brand name. In India, Maggi has been a household name since the coming of Maggi noodles. The fresh tomato ketchup of 950 ml, priced INR 82 in the pouch form is the most sold ketchup in the ketchup portfolio of Maggi presently.

Hindustan Unilever Limited’s brand ‘Kissan’ offers 19 different types of sauces in India like Chotu ketchup, Twist Sweet & Spicy Sauce, Fresh Tomato Ketchup, Squeezo Chilli Tomato Ketchup, No Onion No Garlic (NONG) Ketchup, Twist Chilli Tomato Sauce, Chatakdaar Ketchup, etc. Kissan’s primary focus in products has been on wider portfolio in terms of flavors available to the consumer. Because the target audience of Kissan is mothers of small children of middle class families for whom price plays an important role in the buying decision of a product, the penetration pricing strategy is used by the company. Kissan being part of HUL, spends heavy amount in marketing of the brand with its focus on the ingredients used in its products. Kissan is widely advertised through various marketing channels such as TV adverts, Print media, retail outlets and newspapers. Pichku, which is a 90 ml pouch priced INR 15.

Download Sample Copy https://www.bonafideresearch.com/download_page.php?product_code=180720081

Major Companies
Major companies that operate into the Tomato Ketchup and Pizza & Pasta Sauces market in India are Nestle India Limited, Hindustan Unilever Ltd. (HUL), Heinz India Pvt. Ltd., Capital Foods, FieldFresh Foods Pvt. Ltd., Dr. Oetker India Pvt. Ltd., Veeba Food Services Pvt. Ltd., Cremica Food Industries Pvt. Ltd., Bajoria Foods Pvt. Ltd., Scandic Foods India Pvt. Ltd., Wingreen Farms Pvt. Ltd., G.D. Foods Manufacturing (India) Pvt. Ltd., Everest Beverages & Food Industries, Suresh Kumar & Co. (Impex) Pvt. Ltd.
CONTACT US

Bonafide Research & Marketing Pvt. Ltd.
Steven Thomas – Sales & Marketing Manager
Telephone: +91-7878231309