1
Mintel Market Sizes
Chocolate Confectionery, Snack Bars – India
Retail market size
Key: Forecast
India: Retail market value in local currency
Market Units 2013 2014 2015 2016 2017
Chocolate Confectioner bn INR 88.8 111 121.8 132.7 144.1
Snack Bars m INR 580.6 703.7 867 1063.8
India: Retail market volume
Market Units 2013 2014 2015 2016 2017
Chocolate Confectioner tonnes 172000 197800 207800 239400 255900
Snack Bars tonnes 733.4 855.5 1002.9 1193.5
India: Retail market value in USD
Market Units 2013 2014 2015 2016 2017
Chocolate Confectioner m USD 1520 1819 1899 1975 2213
Snack Bars m USD 9.513 10.97 12.9 16.336
India: Retail market spend per capita (population)
Market Units 2013 2014 2015 2016 2017
Chocolate Confectioner USD 1.18 1.391 1.436 1.475 1.634
Snack Bars USD 0.007277 0.008293 0.009637 0.012063
India: Retail market spend as a proportion of GDP
Market Units 2013 2014 2015 2016 2017
Chocolate Confectioner % 0.0819 0.08915 0.09024 0.08607 0.08351
Snack Bars % 0.0004662 0.0005213 0.0005622 0.00061648
India: Retail market unit prices in local currency
Market Units 2013 2014 2015 2016 2017
Chocolate Confectioner INR per kg 516 561.2 586.1 554.3 563.1
Snack Bars INR per kg 791.7 822.6 864.5 891.33
India: Retail market unit prices in USD
Market Units 2013 2014 2015 2016 2017
Chocolate Confectioner USD per kg 8.84 9.196 9.139 8.25 8.648
Snack Bars USD per kg 12.97 12.82 12.86 13.687
India: Retail market volume consumption per capita (population)
Market Units 2013 2014 2015 2016 2017
Chocolate Confectioner kg 0.1332 0.1513 0.1571 0.1788 0.189
Snack Bars kg 0.000561 0.0006467 0.00074919 0.00088133
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2018 2019 2020 2021 2022 2023 2024 2025
157.5 172.9 194 208.7 227.5 245.9 263.3 282.3
1335.1 1695.6 1926.2 2242.1 2456.7 2623.9 2769.6 2888.8
2018 2019 2020 2021 2022 2023 2024 2025
286200 311000 339900 364200 390900 417800 445300 472700
1422.5 1672.7 1708.8 1940.6 2148 2342 2539.3 2736.6
2018 2019 2020 2021 2022 2023 2024 2025
2303 2455 2618 2823 2880 3034 3236 3397
19.522 24.078 25.995 30.331 31.097 32.37 34.037 34.763
2018 2019 2020 2021 2022 2023 2024 2025
1.682 1.775 1.875 2.006 2.032 2.123 2.244 2.335
0.01426 0.017409 0.018616 0.021549 0.021946 0.022652 0.023604 0.023892
2018 2019 2020 2021 2022 2023 2024 2025
0.08526 0.0868 0.09854 0.0891 0.08947 0.08726 0.08554 0.08404
0.00072277 0.00085126 0.00097843 0.00095736 0.00096605 0.00093097 0.00089974 0.00086004
2018 2019 2020 2021 2022 2023 2024 2025
550.3 555.9 570.8 573 582 588.6 591.3 597.2
938.56 1013.7 1127.2 1155.4 1143.7 1120.4 1090.7 1055.6
2018 2019 2020 2021 2022 2023 2024 2025
8.047 7.894 7.702 7.751 7.368 7.262 7.267 7.186
13.724 14.395 15.212 15.63 14.477 13.822 13.404 12.703
2018 2019 2020 2021 2022 2023 2024 2025
0.2091 0.2249 0.2434 0.2587 0.2759 0.2924 0.3088 0.3249
0.0010391 0.0012094 0.0012237 0.0013787 0.0015159 0.0016389 0.001761 0.0018808
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2026 Sources
Economist Intelligence Unit, Trade Interviews, Mintel
3015.2 Economist Intelligence Unit, Trade Interviews, Mintel
2026 Sources
MOCI, Economist Intelligence Unit, Trade Interviews, Mintel
2930 MOCI, MOSPI, Economist Intelligence Unit, Trade Interviews, Mintel
2026 Sources
Economist Intelligence Unit, Trade Interviews, Mintel
35.691 Economist Intelligence Unit, Trade Interviews, Mintel
2026 Sources
Economist Intelligence Unit, Trade Interviews, Mintel
0.024329 Economist Intelligence Unit, Trade Interviews, Mintel
2026 Sources
Economist Intelligence Unit, Trade Interviews, Mintel
0.00082925 Economist Intelligence Unit, Trade Interviews, Mintel
2026 Sources
MOCI, Trade Interviews, Mintel
1029.1 MOCI, MOSPI, Trade Interviews, Mintel
2026 Sources
MOCI, Economist Intelligence Unit, Trade Interviews, Mintel
12.181 MOCI, MOSPI, Economist Intelligence Unit, Trade Interviews, Mintel
2026 Sources
MOCI, Economist Intelligence Unit, Trade Interviews, Mintel
0.0019973 MOCI, MOSPI, Economist Intelligence Unit, Trade Interviews, Mintel
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India: Retail market volume year on year growth
Market Units 2014 2015 2016 2017 2018
Chocolate Confectioner % 15 5.1 15.2 6.9 11.8
Snack Bars % 16.6 17.2 19 19.2
India: Retail market value growth in local currency
Market Units 2014 2015 2016 2017 2018
Chocolate Confectioner % 25 9.7 8.9 8.6 9.3
Snack Bars % 21.2 23.2 22.7 25.5
India: Retail market value growth in USD
Market Units 2014 2015 2016 2017 2018
Chocolate Confectioner % 19.7 4.4 4 12.1 4.1
Snack Bars % 15.3 17.6 26.6 19.5
© 2022 Mintel Group Limited. All Rights Reserved. Confidential to Mintel.
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2019 2020 2021 2022 2023 2024 2025 2026
8.7 9.3 7.1 7.3 6.9 6.6 6.2
17.6 2.2 13.6 10.7 9 8.4 7.8 7.1
2019 2020 2021 2022 2023 2024 2025 2026
9.8 12.2 7.6 9 8.1 7.1 7.2
27 13.6 16.4 9.6 6.8 5.6 4.3 4.4
2019 2020 2021 2022 2023 2024 2025 2026
6.6 6.6 7.8 2 5.3 6.7 5
23.3 8 16.7 2.5 4.1 5.1 2.1 2.7
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Sources
MOCI, Trade Interviews, Mintel
MOCI, MOSPI, Trade Interviews, Mintel
Sources
Trade Interviews, Mintel
Trade Interviews, Mintel
Sources
Economist Intelligence Unit, Trade Interviews, Mintel
Economist Intelligence Unit, Trade Interviews, Mintel
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Mintel Market Sizes
Chocolate Confectionery, Snack Bars – India
Market Segmentations - India
India - Chocolate Confectionery: Retail market segmentation by volume ((000) tonnes)
Segment 2018 2019 2020
Total 286.2 311 339.9
Tablets 105.5 114.1 125.3
Countlines 93 100.2 110
Seasonal 46.5 51 53.6
Non-individually Wrapp 21.5 23.7 26.5
Individually Wrapped 19.7 22 24.5
Other 0 0 0
Notes: Historical market segmentation has been updated based on a reassessment of the average selling
Key: i - Insignificant
Sources: Trade Interviews, Mintel
India - Snack Bars: Retail market segmentation by volume ((000) tonnes)
Segment 2019 2020 2021
Total 1.6727 1.7088 1.9406
Cereal/Granola 1.6727 1.7088 1.9406
Nut/Seed Bars 0 0 0
Fruit Bar 0 0 0
Key: i - Insignificant
Sources: Trade Interviews, Mintel
India - Chocolate Confectionery: Retail market segmentation by value (bn INR)
Segment 2018 2019 2020
Total 157.5 172.9 194
Tablets 59.2 65.1 74
Countlines 37.9 41.5 47.1
Seasonal 24.9 27.1 29.5
Individually Wrapped 23.7 26.1 28.5
Non-individually Wrapp 11.8 13.1 14.9
Other 0 0 0
Key: i - Insignificant
Sources: Trade Interviews, Mintel
India - Snack Bars: Retail market segmentation by value (bn INR)
Segment 2019 2020 2021
Total 1.6956 1.9262 2.2421
Cereal/Granola 1.6956 1.9262 2.2421
Nut/Seed Bars 0 0 0
Fruit Bar 0 0 0
Key: i - Insignificant
Sources: Trade Interviews, Mintel
© 2022 Mintel Group Limited. All Rights Reserved. Confidential to Mintel.
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of the average selling prices.
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Mintel Market Sizes
Chocolate Confectionery, Snack Bars – India
Market Shares - India
India - Chocolate Confectionery: Company retail market share by volume (%)
Market Player 2017 2018 2019 2020
Mondelēz International 62.3 63.1 63 62.9
Nestlé S.A. 15 13.6 13.6 14.4
Ferrero S.p.A. 2.9 3 3.1 3.1
Mars, Incorporated 2.2 2.2 2.2 2.2
Others 17.6 18.1 18.1 17.4
Notes: Historical volume market shares have been updated based on a reassessment of the average sell
Sources: Trade Interviews, Mintel
India - Snack Bars: Company retail market share by volume (%)
Market Player 2018 2019 2020 2021
Sproutlife Foods Pvt. Ltd 39 42.5 43.9 44
Naturell India Pvt Ltd. 31.2 29.2 29 28.9
General Mills Inc. 8.2 8.1 7.5 7.4
Others 21.6 20.2 19.6 19.6
Sources: Trade Interviews, Mintel
India - Chocolate Confectionery: Company retail market share by value (%)
Market Player 2017 2018 2019 2020
Mondelēz International 67 67.7 67.6 67.8
Nestlé S.A. 13.7 12.4 12.4 12.5
Ferrero S.p.A. 8.1 8.4 8.5 8.5
Mars, Incorporated 2.4 2.4 2.4 2.5
Others 8.8 9.1 9 8.7
Sources: Trade Interviews, Mintel
India - Snack Bars: Company retail market share by value (%)
Market Player 2018 2019 2020 2021
Sproutlife Foods Pvt. Ltd 31.4 34.7 36.1 36.3
Naturell India Pvt Ltd. 34.8 32.9 32.9 32.8
General Mills Inc. 9.5 9.4 8.7 8.6
Others 24.3 22.9 22.3 22.3
Sources: Trade Interviews, Mintel
© 2022 Mintel Group Limited. All Rights Reserved. Confidential to Mintel.
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ent of the average selling prices.
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Mintel Market Sizes
Chocolate Confectionery, Snack Bars – India
Company & Brand details - India
India - Chocolate Confectionery: Company Website Links
Company any Website
Ferrero S.p.A. ww.ferrero.com
Mars, Incorporated /www.mars.com
Mondelēz International rnational.com
Nestlé S.A. ww.nestle.com
India - Snack Bars: Company Website Links
Company any Website
General Mills Inc. eralmills.com
Naturell India Pvt Ltd. .maxprotein.in
Sproutlife Foods Pvt. Ltdw.yogabars.in
© 2022 Mintel Group Limited. All Rights Reserved. Confidential to Mintel.
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Mintel Market Sizes
Chocolate Confectionery, Snack Bars – India
Compound annual growth rates
Key: Forecast
Retail market value (last 5 years)
Market Units India
Chocolate Confectioner % 10
Snack Bars % 20.5
Note: CAGR figures are based on the value of the market in the local currency over the last five years.
Retail market value (next 5 years)
Market Units India
Chocolate Confectioner % 7.8
Snack Bars % 5.3
Note: CAGR figures are based on the predicted value of the market in the local currency for the next five
Retail market volume (last 5 years)
Market Units India
Chocolate Confectioner % 9.2
Snack Bars % 12.9
Note: CAGR figures are based on the last five years of available data.
Retail market volume (next 5 years)
Market Units India
Chocolate Confectioner % 6.7
Snack Bars % 8.1
Note: CAGR figures are based on the predicted market sizes for the next five years.
© 2022 Mintel Group Limited. All Rights Reserved. Confidential to Mintel.
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r the last five years.
rency for the next five years.
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Mintel Market Sizes
Chocolate Confectionery, Snack Bars – India
Socio-economic data
Key: Forecast
Population (millions)
Location 2017 2018 2019 2020 2021 2022
India 1354.2 1369 1383.11 1396.39 1407.56 1417
Sources: Economist Intelligence Unit
Consumer price index (CPI)
Location 2017 2018 2019 2020 2021 2022
India 157.9 164.2 170.2 181.6 190.9 204.3
Sources: Economist Intelligence Unit
Gross domestic product (tn USD)
Location 2017 2018 2019 2020 2021 2022
India 2.6499 2.701 2.8285 2.6568 3.1682 3.219
Sources: Economist Intelligence Unit
Exchange rates
Currency 2017 2018 2019 2020 2021 2022
INR / USD 65.12 68.39 70.42 74.1 73.92 79
Sources: Economist Intelligence Unit
© 2022 Mintel Group Limited. All Rights Reserved. Confidential to Mintel.
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2023 2024 2025 2026 2027
1429 1442 1455 1467 1480
2023 2024 2025 2026 2027
215 225.1 235.2 244.7 255.7
2023 2024 2025 2026 2027
3.477 3.783 4.042 4.304 4.617
2023 2024 2025 2026 2027
81.06 81.37 83.1 84.48 85.3
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Mintel Market Sizes
Chocolate Confectionery, Snack Bars – India
Sources of Data
India - Chocolate Confectionery
Source Telephone Website Address
Ministry of Commerce & +91 (0) 112 3 http://www.eai Udyog Bhawan, New Delhi, 110011, India
India - Snack Bars
Source Telephone Website Address
Ministry of Commerce & +91 (0) 112 3 http://www.eai Udyog Bhawan, New Delhi, 110011, India
Ministry of Statistics +91 (0) 120 2 http://www.mosPlot no. 22, Knowledge Park – II, Greater Noida. Uttar Pradesh, India
© 2022 Mintel Group Limited. All Rights Reserved. Confidential to Mintel.
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. Uttar Pradesh, India
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