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Chocolate consumption in India may cross Rs 7,500 cr by 2015
date:Oct 11, 2012
barriers due to duopolistic market and price-sensitive consumer, according to the paper.

Chocolates competed with other categories like soft drinks, snacks and beverages for a share of the consumer's wallet, but modern trade and other factors like liberalisation of the economy, growing income of middle class and macro-economic conditions have had a positive impact on consumer spending, said Rawat.

Facts Figures

Chocolate market is estimated to be around 4,500 crore growing at 25% per ann

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