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URBAN 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...- India's a call-out market, but there's room to grow: NestleNestle SA reports that 37% of urban households in India purchase Maggi noodles monthly. The instant noodles segment is outpacing overall fo...
- 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...
- Nestle flags near-term consumption slowdown amid West Asia conflict, El Nino concernsNestle India anticipates slower consumption growth in the food and beverage sector soon. Geopolitical tensions and weather uncertainties ar...
- 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...
- As food inflation bites, Nestle turns to smaller cities to drive growthNestle India is strategically focusing on tier-2 and tier-3 markets for growth, anticipating rising consumption in these areas. Despite fac...
- GST cuts to boost discretionary spending; FMCG recovery likely in H2: Latika ChopraJPMorgan expects recent GST rate rationalisation to boost consumption, especially in discretionary categories like footwear, apparel, and d...
- India is among fastest growing markets for Mars Wrigley: Kalpesh R Parmar"There is a resurgence around India; some of the larger economies are facing tougher headwinds. If companies want to exist for the next few...
- Post-Diwali demand critical; consumers in small markets 'true heroes' of pandemic: Nestle India MDWhile the tier II, III and IV towns are still counted as part of the urban market for the company, these smaller places are witnessing twic...
- Chocolate confectionery market grows in double-digits againThe value growth clocked by the Rs 15,600-crore industry in 2017 was 12.4%. In 2016, the growth level was the same at 12.4%, but higher as ...
- Generation shift: As sharing becomes passe, brands now encouraging solo consumptionFragmenting families and changing consumer habits have prompted the market to tweak strategies to suit these individual consumers.
- Small chocolate companies like Campco eye big bite of rural and semi-urban marketsThe smaller companies are gaining a firm foothold in these regions by betting on large volumes and small chocolate bars.
- 3 food companies to introduce chocolate bread spreads this monthMapro, Dukes and Finetti are all set to challenge the dominance of fruit preserves that have found favor with consumers for ages.
- FMCG growth dips despite rural boost2013 saw contrasting consumption trends every quarter even as growth halved during the course of the year, where some brands rose while oth...
- India Inc eyes villagers’ growing appetite for sweetRural India consumers have now started adding chocolates and cream biscuits of the Oreo kind to their monthly purchase baskets.
- India Inc eyes villagers'growing sweet toothRural India consumers have now started adding chocolates and cream biscuits of the Oreo kind to their monthly purchase baskets.
- 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...
- Brokers' call: Citi upgrades Nestle to ‘Buy’Citigroup view Nestle India as among the best plays on India consumption growth over the long term.
- Chocolate mkt likely to cross Rs 7,500-cr mark by 2015: StudyThe country's chocolate industry is expected to cross the Rs 7,500-crore mark by 2015, thanks to the rising consumption in urban and semi-u...
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