In addition to traditional chocolate manufacturers such as Amul, popular brands like Baskin Robbins and Havmor are also encountering difficulties due to the higher prices of cocoa, as per TOI report.

Jayen Mehta, MD, Amul India, says “today, more than 38% of the sales come from towns with a population of less than 20,000. This shows the brand is not just an urban brand, but the range of ...

with chocolate makers like Amul and Smoor Chocolates increasing prices. Companies like Mondelez, Hershey's, and Nestle are also dealing with unprecedented cocoa cost inflation and may implement ...

This trend in the India chocolate market has prompted major players like Amul to expand their dark chocolate offerings, with the company now producing variants containing up to 99% cocoa content.