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PREMIUM CHOCOLATE CONSUMPTION
Indians develop a taste for dark chocolate as household demand jumps 45%Households in India are increasingly purchasing dark chocolate, with a significant rise in demand over recent years. Urban consumers accoun...- The snack twist to India’s three meals a day has a ₹1 lakh crore hidden opportunityIndia's culinary habits are shifting, with a marked preference for convenient and health-conscious snack choices over traditional meals. Th...
- Hershey to focus on top six cities, exit general trade in non metrosHershey India is pivoting away from general trade in non-metro areas, focusing its efforts instead on the premium urban markets of six majo...
- India's premium mithai boom: How traditional sweets are getting a premium makeoverIndian mithai is transforming from traditional sweets to premium offerings. Consumers now seek quality ingredients and attractive packaging...
- Rs 65,000 for chocolate cigars and more and more Indians are buying themIndia's demand for high-end, luxury imported chocolates is growing, and the year-end season is predicted to see a notable spike in demand. ...
- Indulge without guilt: Hershey’s launch plant-based chocolate barsThe chocolates are made with oats instead of milk, revealed the chocolate brand.
- Rs 10 M&M’s treat from Mars just for IndiansEven Snickers, Mars’ other top-selling caramel-peanut chocolate bar, has been selling at Rs 10 in India since recently, the smallest and ch...
- Cargill to partner with Indian firm for chocolate plantIndustry estimates the market size of chocolate in the confectionery sector alone to be 260,000 tonnes.
- Toys bring great (Kinder) Joy to Ferrero in IndiaFerrero India makes 900 million toys, of which 270 million are used for domestic consumption and the rest are exported, either as part of K...
- Parle enters luxury chocolate segment with Friberg brandThe bar format comes in three different Swiss chocolate flavours which include Lait Suisse Chocolat, Noir Suisse Chocolat and Lait Caramel ...
- We want to be available at all prices: Manu Anand, President-chocolates Mondelez InternationalIf you look at our combination of products from Cadbury Dairy Milk to Silk, we have a range of products that you can buy for Rs 5, Rs 10, R...
- Nestle to launch global premium chocolate brands range in IndiaThe Swiss company will relaunch Alpino early next month and will also launch a premium European range of chocolates under the brand.
- Chocolate consumption to grow fastest in China, IndiaBesides India and China, other middle-income markets from where the highest percentage of growth is expected over the next five years inclu...
- Global Consumer Products launches chocolate brandLuvit chocolates will compete with brands such as Cadbury from Mondelez International and Nestle’s KitKat.
- Hybrid consumer boosting growth in value and premium chocolate: RabobankAccording to a new report from Rabobank, processing companies and chocolate confectioners looking to capitalise on the hybrid trend will ne...
- India is the fastest growing market for adult consumption of chocolates and candiesNow there's a lollipop to overcome boredom, sugar-free mint for the calorie conscious, a toffee which can boost romance, and dark chocolate...
- Slowdown makes candies, toffees sweeter than chocolateThe slowdown in Indian consumers’ discretionary spend is impacting chocolate sales, but it hasn’t changed people’s love for “meetha”.
- Budget 2013: Dried nut prices set to soften after customs cutThe customs duty on hazelnuts has been brought down from 30% to 10%, which is expected to bring down their cost to the level of other dried...
- Chocolate consumption in India trebles since 2005Chocolate consumption in India has nearly trebled since 2005, which is the reason why leading chocolate companies are investing in bringing...
- Cadbury to launch Kraft Foods' Toblerone in India, to take on Ferrero RocherWhat has prompted Cadbury to bring in Toblerone is the tremendous success of Italian rival Ferrero's Ferrero Rocher brand in the country.
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