Colatta Participated in SIAL Seeing Bright Future of Bakery Products in India

New Delhi, Delhi, India, 27th September 2019: India has one of the world’s fastest growing chocolate markets which posted a huge 13 percent sales growth this year, according to a research. India chocolate market stood at $1.3 billion in 2017 and is projected to grow at a CAGR of over 16% to reach $3.3 billion by 2023, on account of increasing young population base, growing urbanization and rising trend of gifting chocolates.

Colatta Participated in SIAL Seeing Bright Future of Bakery Products in India
Colatta at SIAL India

Observing the high demand of premium pastry products in India and exploring the market Colatta Chocolates from GMK Indonesia participated in Indian Food innovation Exhibition the SIAL India. Indonesia is the top 3rd Cocoa Beans Producer in the world.

Bibin Jacob, Brand manager for Middle East, Africa & India said that Indians started to show growing demand for premium chocolates and pastry products and lot of innovative bakery concepts and international chains have opened up in India. We feel in the coming years demand for premium pastry products would be much higher than what is estimated today.

Some of the other factors that would drive the market are growing online sales of chocolates, increasing demand for premium chocolates, and rising popularity of organic and sugar-free chocolates, added Bibin Jacob.

Colatta launched its brand in India one year ago finding the changing taste preferences of Indian consumers, growing awareness about health benefits of chocolate, and innovative marketing & promotional strategies by manufacturers are expected to boost sales of chocolates in India.

Colatta has products for HoReCa as well as retails. HoReCa products are now required uniqueness and specializing, hence Colatta is open for customization for moderate minimum order quantity, flexibility, on-time delivery and guarantee of confidentiality.

Colatta works as a partner for their customers and solve their problems and provide solutions.


Most Popular

More from Author

Business Leaders Give Thumbs Up to Union Budget 2023’s Growth-Focused Provisions

Understand the impact of the Union Budget 2023-24 on the Indian economy through the eyes of business leaders and why they are optimistic about its potential.

Vedanta Aluminium Raises USD 250 Mn in Sustainability Linked Loans

New Delhi, Delhi, India | 1st February 2023: Vedanta Aluminium, India’s largest...

Read Now

Union Budget 2023-24: What It Means for the Future of the Automotive Sector?

Union Budget 2023-24: A Post-Budget Perspective on the Indian Automotive Sector.

Business Leaders Give Thumbs Up to Union Budget 2023’s Growth-Focused Provisions

Understand the impact of the Union Budget 2023-24 on the Indian economy through the eyes of business leaders and why they are optimistic about its potential.

SBICAPS opens new office in Bengaluru, to focus on infrastructure, defence and start-ups

BENGALURU, India | 1st February 2023: SBI Capital Markets Limited (SBICAPS), a wholly owned subsidiary and investment banking arm of State Bank of India (SBI) on Monday announced the opening of its office in Bengaluru. Inaugurated by Shri Dinesh Khara, Chairman, SBI, in the presence of Shri Swaminathan J, Managing Director (CB...

Vedanta Aluminium Raises USD 250 Mn in Sustainability Linked Loans

New Delhi, Delhi, India | 1st February 2023: Vedanta Aluminium, India’s largest producer of aluminium, has raised USD 250 million through Sustainability Linked Loans (SLL) from leading international banks, for financing its capex initiatives and reducing carbon footprint. The loans were granted on the basis of specific performance parameters...

Dr. Stephen Kahane Joins Suki’s Board of Directors to Elevate Voice AI in Healthcare

Voice AI Technology for Healthcare Gets a Boost with Dr. Kahane on Suki's Board.

TrekNomads Foundation and Suriya Foundation Distributed Free Blankets across Bengaluru in Collaboration with Bruhat Bengaluru Mahanagara Palike

Bengaluru, Karnataka, India | 1st February 2023: TrekNomads Foundation and the Suriya Foundation distributed over 400 blankets to the needy across Bengaluru. Flag off event was held at the BBMP head office on January 30, 2023. BBMP Chief Commissioner Sri Tushar Giri Nath, IAS, handed over few blankets to the...

Union Budget 2023-24: Post-Budget Reaction Quotes – Indian Entrepreneurs Share Their Thoughts

As the Indian government announces its 2023-24 budget, industry leaders and experts have been weighing in on the impact it will have on the Indian economy. This post will bring you the most prominent post-budget reaction quotes from these key figures, giving us a deeper understanding of...

FUJIFILM India Unveils New Compact Ultrasonic Probe System at BRONCHUS 2023

FUJIFILM India expands endoscopy solutions portfolio with new compact ultrasonic probe system at BRONCHUS 2023.