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India Confectionery Store Market Size and Trends

The India confectionery store market size is forecast to increase by USD 4.14 billion at a CAGR of 13.1% between 2023 and 2028. The market is experiencing significant growth, driven by consumer preferences for healthier and premium options. Marshmallows, cookies, ice cream, and sugar confectionery continue to be popular choices, but organic chocolate and other functional, vegan, and gluten-free varieties are on the rise. Advertising campaigns and social media marketing are essential tools for brands to reach consumers and build brand awareness. E-commerce and retailing platforms offer convenience and flexibility, making it easier for customers to access a wide range of confectionery products. However, the market is not without challenges, including the fluctuating prices of raw materials, which can impact production costs and profitability. To remain competitive, confectionery companies must stay agile and adapt to changing consumer preferences and market trends.

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The market is witnessing significant growth due to various factors. One of the primary drivers is the increasing popularity of gifting products. Confectionery items are often used as gifts for various occasions, making them a staple in the retailing space. Another factor contributing to the growth of the confectionery industry is the changing dietary habits of consumers. There is a rising demand for healthier confectionery options, such as sugar-free products, vegan, and organic offerings. This trend is being driven by consumers who are looking for indulgent snacking options that align with their lifestyle changes. Natural ingredients are also becoming increasingly popular in the confectionery industry. Consumers are seeking out products made with natural and organic ingredients, which is leading to the growth of artisanal and premium confectionery brands. Advertising campaigns and social media marketing are essential tools for confectionery companies looking to reach consumers. These channels provide an effective way to target specific demographics and promote new product offerings. Retailing space, including casino supermarkets, convenience stores, and online retailing platforms, are also crucial for the distribution of confectionery products. The convenience factor is another significant trend in the confectionery industry. Consumers are looking for on-the-go snacking options, making sugar-free chocolates, functional chewing gum, and other portable confectionery items popular choices. In conclusion, the confectionery market in North America is experiencing growth due to various factors, including the popularity of gifting products, changing dietary habits, and the rise of natural and organic offerings. Advertising campaigns, social media marketing, and various retailing channels are essential for the distribution and promotion of confectionery products. The trend towards healthier snacking and convenience is also driving demand for sugar-free and portable confectionery items. Companies that can effectively cater to these trends and offer high-quality products will have significant opportunities for growth in the confectionery industry.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.

Type

  Offline
  Online


Crop Type

  Adult
  Children
  Geriatric


Geography

  India

By Type Insights

The offline segment is estimated to witness significant growth during the forecast period. In the market, companies employ various advertising campaigns and social media marketing to promote their offerings, which include marshmallows, cookies, ice cream, organic chocolate, and sugar confectionery. Supermarkets and hypermarkets feature dedicated aisles for these products, enhancing their visibility.

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The offline segment was the largest segment and was valued at USD 3.46 billion in 2018. The trend of urbanization and changing consumer lifestyles, characterized by a preference for quick and convenient purchases, has led to a rise in the popularity of convenience stores in India. As a result, health and nutrition confectionery items, such as gluten-free food products, are experiencing significant sales growth in this sector. Hence, such factors are fuelling the growth of this segment during the forecast period.

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

India Confectionery Store Market Driver

Rising demand for organic, functional, vegan, and gluten-free confec

This statistic represents the market size of the sugar confectionery industry across India between 2014 and 2022. The value of the country's sugar confectionery market was forecasted to reach *** billion U.S. dollars in 2022, an increase from about *** billion dollars in 2014.

In 2024, the Indian market for candies, sweets, and nonchocolate confectionery decreased by -5.5% to $418M, falling for the fourth year in a row after two years of growth. In general, consumption showed a deep slump. Over the period under review, the market hit record highs at $901M in 2012; however, from 2013 to 2024, consumption remained at a lower figure.

In 2021, Mondelez International was the largest confectionery product company in India with a market share of ** percent. This was followed by Nestlé SA with a market share of *** percent. The retail sales of confectionery products stood at over ***** billion U.S. dollars that same year.

Discover the booming India confectionery store market! This comprehensive analysis reveals key trends, growth drivers, and leading players, projecting substantial expansion from 2025 to 2033. Learn about market segmentation, online vs. offline sales, and future opportunities in this lucrative sector.

USD 42.7 Million in 2024; projected USD 67.83 Million by 2033; CAGR 5.23%.

In 2024, the Indian chocolate and confectionery market increased by 7.3% to $20.1B, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +4.3% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Chocolate and confectionery consumption peaked at $20.2B in 2019; however, from 2020 to 2024, consumption stood at a somewhat lower figure.

USD 42.26 Million in 2024; projected USD 145.69 Million by 2033; CAGR 14.99%.

In 2024, the Indian confectionery market increased by 7% to $20.5B, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +3.8% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Confectionery consumption peaked at $20.7B in 2019; however, from 2020 to 2024, consumption failed to regain momentum.

In 2021, Parle Products Pvt Ltd accounted for **** percent of the total sugar confectionery market in India. It was closely followed by ITC Group with a market share of **** percent. The retail sales of sugar confectioneries stood at over *** billion U.S. dollars that same year.

Confectionery will continue as one of the big success stores of the Indian grocery market, recording extremely rapid value and volume growth over the next five years Read More

USD 68.21 Million in 2024; projected USD 91.23 Million by 2033; CAGR 3.35%.

The India Chocolate Market is segmented by Confectionery Variant (Dark Chocolate, Milk and White Chocolate) and by Distribution Channel (Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others). Market Value in USD and Volume are both presented. Key data points observed include market segmental split by confections, confectionery variant, sugar content, and distribution channel.

India Sugar Confectionery Market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.

Analyze India Mango Candy Market insights. Size to grow from USD 2.70 Bn in 2025 to USD 3.98 Bn by 2034, registering a strong 4.4% CAGR.

USD 23.99 Million in 2024; projected USD 41.28 Million by 2033; CAGR 6.21%.

The revenue in the 'Confectionery' segment of the food market in India was modeled to be ************ U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ************ U.S. dollars since 2018. Between 2024 and 2030, the revenue will rise by ************ U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Confectionery.

India Chocolate Confectionery Market is projected to grow around USD 163.9 Billion by 2031, at a CAGR of 6.1% during the forecast period.

Explore the booming Indian Chocolate Industry! Discover market size, CAGR, key drivers, trends like premiumization and e-commerce, and major players shaping this sweet market. Key drivers for this market are: Influence of Endorsements, Aggressive Marketing, and Strategic Investments, Demand for Sustainable Chocolates and Single Origin Certified Chocolates. Potential restraints include: Availability of Counterfeit Products, Fluctuating Price of Raw Materials. Notable trends are: Convenience stores accounted for major share of sales chocolate across the country due to easy accessibility.

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Chocolate Confectionery Market Size 2024-2028

The chocolate confectionery market size is valued to increase USD 31 billion, at a CAGR of 4.36% from 2023 to 2028. Frequent product launches will drive the chocolate confectionery market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 33% growth during the forecast period.
By Product - Chocolate bars segment was valued at USD 50.50 billion in 2022
By Distribution Channel - Offline segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 45.58 billion
Market Future Opportunities: USD 31.00 billion
CAGR : 4.36%
APAC: Largest market in 2022

Market Summary

The market is a dynamic and ever-evolving industry, characterized by continuous innovation and consumer preferences. Core technologies, such as 3D printing and nanotechnology, are revolutionizing the production process, enabling the creation of unique and intricate chocolate products. Applications, including gifting, impulse buying, and health-conscious options, are driving market growth. Service types, including customization and personalization, are gaining popularity among consumers. Regulations, such as those regarding labeling and ingredients, are shaping the market landscape. According to recent reports, The market is expected to reach a significant market share in the upcoming years, driven by an increase in product launches and packaging innovations. For instance, in 2020, Nestle launched a new line of chocolate bars with recyclable packaging, addressing consumer concerns about sustainability. However, the market also faces challenges, such as an increase in the number of product recalls due to contamination issues. Despite these challenges, opportunities exist for companies to differentiate themselves through product quality, ethical sourcing, and sustainable practices.

What will be the Size of the Chocolate Confectionery Market during the forecast period?

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How is the Chocolate Confectionery Market Segmented and what are the key trends of market segmentation?

The chocolate confectionery industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ProductChocolate barsBoxed assortments and seasonal variantsOthersDistribution ChannelOfflineOnlineGeographyNorth AmericaUSEuropeGermanyUKAPACChinaIndiaRest of World (ROW)

By Product Insights

The chocolate bars segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving the market, chocolate bars continue to dominate with a significant market share of 55.3% in 2023. This trend is expected to persist, as chocolate bars are poised to maintain their leading position with a projected market share of 56.8% by 2028. The chocolate bars segment encompasses countlines and molded bars. Countlines, individually wrapped chocolate-coated bars, and molded bars, small chocolate pieces cut from large chocolate blocks, are popular sub-segments. Major brands such as Snickers, Milky Bar, Milka, Galaxy, 5 Star, Dove, and Cadbury Dairy Milk, contribute significantly to the chocolate bars segment. Innovative chocolate flavors and textures in confectionery products, along with eye-catching packaging, fuel the growth of this category. Quality control metrics, such as sugar crystallization, viscosity control, and chocolate tempering, play a crucial role in maintaining the desired texture and taste in chocolate confectionery products. Ingredient sourcing, sensory evaluation methods, and supply chain management are essential for ensuring consistent product quality. Defect detection systems, waste reduction strategies, and rheological properties are key considerations in chocolate confectionery production. Ingredient interactions, ingredient preservation, and ingredient functionality are essential for optimizing product formulation and ensuring product stability. Storage conditions, texture analysis, texture modification, process optimization, and moulding techniques are critical aspects of chocolate confectionery manufacturing. Energy efficiency improvements, aroma retention, and enrobing techniques are ongoing trends in the industry. Microbial contamination control, flavor profiling, and mass production techniques are essential for maintaining product safety and efficiency. Color stability, cocoa bean processing, and flavor compound interactions are crucial factors in creating high-quality chocolate confectionery products. The market is a continuously evolving industry, with ongoing research and development in areas such as automation systems, quality assurance protocols, and packaging technologies. The