With production value of USD2.4 billion, India accounts for 4.8% of the Asia Pacific total in 2023. The industry’s exports share decreases in 2023 to 6.0% of total production output. The industry’s profitability decreases and stands at 13.9% of production value in 2023, the 14th highest regionally. The costs of the industry decrease by 1% in 2023, largely driven by declining B2B costs. The total number of companies decreases in 2023, to 122,489 units. The industry is concentrated, with the top five companies generating 50.1% of total production value in 2023. Mondelez India Foods Pvt Ltd is the largest company in India, generating 20.9% of the industry’s total production value in 2023. India has the third largest market size for chocolate and sugar confectionery regionally, with demand reaching USD5.7 billion in 2023. Households drive market demand, with household spending representing 79.0% of total demand in 2023. The market is dominated by domestic suppliers, as imports account for 15.1% of total market size in 2023.
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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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