• Facility operational by mid-2021
• Annual chocolate production of 10,000 tons initially
• Approximately 100 new jobs created
Delhi, 23 June 2020 – Consumer demand for chocolate products continues to grow steadily in the Asia market. To help the food industry meet this growing demand, Cargill is partnering with a local manufacturer in western India, to launch its first chocolate manufacturing operation in Asia. The facility is expected to begin operating mid-2021 and will initially produce 10,000 tons of chocolate compounds.
Consumer preference for chocolate has increased with a shift from traditional sweets to chocolate gifting and year-round consumption of ice cream besides baked goods and premium chocolate products. These trends have driven an average annual growth of 13-14 percent in the domestic market, making India the world’s fastest growing chocolate market, according to Cargill’s proprietary research. Consumers are seeking unique flavors, taste and textures, yet per capita, consumption of chocolate is low in India compared to global markets, creating a huge potential for growth. Leveraging its global expertise, Cargill will bring premium chocolate compound products to the Indian market faster, through this local manufacturer. This association will also create 100 jobs locally and will cater to bakery, ice cream and confectionary customers.
“India is a key growth market for Cargill. This new partnership reinforces our commitment to increase our regional footprint and capabilities in Asia to better support the needs of our local Indian customers as well as multi-national customers in the region,” said Francesca Kleemans, managing director Cargill Cocoa & Chocolate Asia-Pacific. “It also demonstrates our commitment to supporting the local economy with the addition of 100 new manufacturing jobs.”
Customers can tap into Cargill’s R&D network of food scientists and experts located at Cargill’s state-of-the-art regional innovation centers in Singapore, Shanghai and India to collaboratively innovate with chocolate products that bring sensory experiences in terms of colors and flavors specific to regional and local tastes and consumption patterns. Customers also benefit from Cargill’s globally integrated cocoa and chocolate supply chain, risk management capabilities, and its renowned food safety and sustainability approach to cocoa and chocolate production.
“Combining local insights from our experience and long presence as a food ingredient supplier in India with our global cocoa and chocolate expertise, we aim to become the leading supplier and trusted partner for our customers in Asia, who will use our chocolate compounds, chips and paste to create products that will delight local palates,” added Kleemans.
Cargill established its cocoa presence in Asia in 1995 in Makassar, Indonesia, with a team designated to support trading and supply management of cocoa to Cargill processing plants in Europe and Brazil. In 2014, Cargill opened a cocoa processing plant in Gresik, Indonesia, to make premium Gerkens® cocoa products. With the addition of the new manufacturing plant in India, Cargill is well prepared to develop and scale up operational capabilities quickly to support future growth for our customers locally, regionally and globally.