Cocoa, Chocolate and Ice Cream are the Products Which Has a Good Nutritious Value and Relatively Inexpensive Food. Cocoa Butter is used in Chocolate and to Cover Other Confectionery Products. Now a Day Chocolate and Ice Cream are Gaining Good Popularity among the Society All over the World. Chocolate is a Key Ingredient in Many Foods Such as Milk Shakes, Candy Bars, and Ice Creams Etc. It is rankedas One of The Most Favorite Flavors in the World. Despite its Popularity, Most People Do Not Know the Unique Origins of This Popular Treat. Chocolate is a Product that Requires Complex Procedures to Produce. The Process Involves Harvesting Coca, Refining Coca to Cocoa Beans, and Shipping the Cocoa Beans to the Manufacturing Factory for Cleaning, Coaching and Grinding. These Cocoa Beans will then be Imported or Exported to Other Countries and be transformed into Different Type of Chocolate Products. Ice Cream is a Frozen Dessert Usually Made from Dairy Products, Such as Milk and Cream, and Often Combined with Fruits or Other Ingredients and Flavors. The Meaning of Ice Cream Varies From One Country to Another Like Frozen Custard, Frozen Yogurt, Sorbet, And Gelato and so on. The Ice Cream Industry has Traditionally Grown at a Healthy Rate of 12% Per Annum. India is the Second Largest Milk Producing Country.

Market Outlook

Cocoa beans market is expected to reach over US$ 16.0 Bn by 2022, growing at a CAGR of more than 3.0% during the forecast period 2016-2022.

Revenue of $21.1 billion in 2014 was a 2.9% increase over 2013. The greatest growth was in premium products, which expanded 11%, and in dark chocolate products, which grew 8%. Sales are expected to grow another 6% by 2017 to $22.4 billion.

The chocolate market registered a value of US$ XX Bn in 2016. During a five-year forecast period 2016-2024.

The global chocolate market is set to grow at a CAGR of close to 5% through 2020.

Chocolate market in the US is forecast to cross US $ 30 billion by 2021.

The ice cream market in India is forecast to exhibit a CAGR of 17.03% during 2016-2021.

The ice cream market in India is estimated to be over INR 4,000 crores, and is growing at a rate of 15-20% year-on-year. It is projected that by 2019, the market will reach around INR 6,198 crores.

India is the largest producer of milk in the world. It is also one of the largest producers and consumers of dairy products. The Indian dairy industry also offers good opportunities to both domestic and foreign investors for entry and expansion. Due to their rich nutritional qualities, dairy products' consumption has been growing exponentially in the country; and considering various facts and figures, the study anticipates that milk production in India will further grow at a CAGR of around 14% between 2015-16 and 2021-22.

Demand for milk is likely to be about 155 million tonnes by 2016-17 and around 200 million tonnes in 2021-22. To meet the growing demand, there is a need to increase the annual incremental milk production from 4 million tonnes per year in past 10 years to 7.8 million tonnes in the next 8 years (210 million by 2021-22).

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