Rising purchasing power, inclination towards the consumption of dark and milk chocolates and changing consumer taste and preferences are some of the factors propelling the global chocolate market. According to TechSci Research report, “Global Chocolate Market By Product Type (Milk Chocolate, Dark Chocolate, and White Chocolate), By Category (Countline, Tablets, Boxed Chocolate, and Others), By
Availability of chocolates in various sizes and entry of foreign manufacturers are acting as key growth drivers for Saudi Arabia chocolate market. According to TechSci Research report, “Saudi Arabia Chocolate Market By Type (Milk, White & Dark Chocolate), By Category (Countline, Tablet, Boxed and Others), By Age Group (5-14 Years, 15-24 Years, 25-54 Years, 55
According to TechSci Research report, “India Chocolate Market By Type, By Category, By Distribution Channel, Competition Forecast & Opportunities, 2013 – 2023”, India chocolate market is projected to grow at a CAGR of more than 16% during 2018 – 2023. Anticipated growth in the market can be attributed to rising youth population, changing taste preferences
As per a recent ‘Voice of Customer’ survey published by TechSci Research, price and brand name of chocolates have been identified as the top influencing factors while purchasing chocolates. Growing demand for premium chocolate products, increasing consumption of chocolate confectionery among young population and companies expanding the brand portfolio of chocolate confectionery is expected to
