The market is dominated by domestic suppliers, as imports account for 14.4% of total market size in 2022. Households drive market demand, with household spending representing 76.2% of total demand in 2022. India has the third largest market size for chocolate and sugar confectionery regionally, with demand reaching USD5.6 billion in 2022. Mondelez India Foods Pvt Ltd is the largest company in India, generating 21.7% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 51.9% of total production value in 2022. The total number of companies increases in 2022, to 118,312 units. The costs of the industry increase by 4.2% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 15.4% of production value in 2022, the 12th highest regionally. The industry’s exports share decreases in 2022 to 6.1% of total production output. With production value of USD2.6 billion, India accounts for 5.0% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Chocolate and Sugar Confectionery in India: ISIC 1543. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Chocolate and Sugar Confectionery in India: ISIC 1543 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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