India Savory Snacks - Market Assessment and Forecast to 2023

India Savory Snacks - Market Assessment and Forecast to 2023

Summary

The Indian savory snacks sector is led by the ‘ethnic/traditional snacks’ category in both value and volume terms. However, the processed snacks category is expected to register fastest value growth during 2018-2023. PepsiCo, Haldirams and Bikaji Foods International Ltd are the top three companies in the Indian savory snacks sector. In terms of distribution, convenience stores are the leading channel for the savory snacks products and flexible packaging is the most commonly used pack material in the sector.

The Country Profile report on the Savory Snacks sector in India provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

Scope

• The Indian savory snacks sector is expected to grow by value and volume terms during 2018-2023.
• Ethnic/traditional snacks’ is the largest category in value and volume terms in the Indian savory snacks sector.
• ‘Processed snacks’ is expected to register the faster growth rate in value terms during 2018-2023.
• ‘Potato chips’ is expected to register the faster growth rate in volume terms during 2018-2023.
• ‘Convenience stores’ is the largest distribution channel.
• PepsiCo, Haldirams and Bikaji Foods International Ltd. are the top three companies in the Indian savory snacks sector.
• Flexible packaging is the most commonly used pack material in the sector.

Reasons to buy

• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
• Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
• Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rurral-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.