The India packaged sweets market size reached INR 5,230.7 Crore in 2022. Looking forward, the analyst expects the market to reach INR 15,057.2 Crore by 2028, exhibiting a CAGR of 19.27% during 2022-2028.
Sweets refer to desserts that are made from different ingredients, such as, milk derivatives, besan, cereal and pulses, wheat flour, dry fruits, etc. These sweets are packaged into boxes, plastic containers and tin cans depending on their physical forms and textures. In India, some of the common packaged sweets include rasgulla, gulab jamun, barfi, peda, soan papdi, ladoo, cham cham, rajbhog, etc. Packaged sweets have higher shelf-life and hence, can be transported over longer distances. Moreover, these products are certified by government organizations, specifically FSSAI, which ensures the high quality of the packaged product.
India Packaged Sweets Market Trends:
In India, the expanding food packaging sector, along with the increasing consumer consciousness towards food hygiene and cleanliness, is primarily driving the packaged sweets market. Furthermore, the rising working women population and their hectic work schedules have led to the shifting preferences from traditional or home-cooked sweets towards packaged, ready-to-serve variants. Apart from this, the prevalent trend of gifting sweets as a part of Indian culture during several social and cultural gatherings, such as weddings, festivals, celebrations, etc., is acting as a significant growth-inducing factor. Additionally, the introduction of numerous stringent norms for food labeling and maintaining product safety during preparation and packaging of sweets, is also propelling the market growth in India. Besides this, the emergence of luxurious sweet brands in India that focus on delivering numerous variants ranging from traditional mithais to organic, vegan, and lactose-free sweets, is positively influencing the market growth. With the outbreak of the COVID-19 pandemic, there has been a considerable shift from open and loose sweets towards packaged variants to mitigate the risk of infection. Moreover, continuous advancements in the packaging technologies, including biodegradable packaging, nanofabrication, and flexible packaging, for sweets are expected to further drive the India packaged sweets market in the coming years.
Key Market Segmentation:
The analyst provides an analysis of the key trends in each sub-segment of the India packaged sweets market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on product type, ingredient type, packaging type and distribution channel.
Breakup by Product Type:
- Rasgulla and Gulab Jamun
- Barfi
- Soan Papdi
- Peda
- Laddoo
- Others
Breakup by Ingredient Type:
- Milk and Milk Derivatives
- Cereal and Pulses
- Dry Fruits
- Fruits and Vegetables
- Others
Breakup by Packaging Type:
- Boxes
- Tin Cans
- Plastic Containers
Breakup by Distribution Channel:
- Own Brand Stores
- Convenience Stores
- Supermarkets and Hypermarkets
- E-Commerce
- Milk Outlets
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Banchharam, Bikanervala Foods Private Limited, Bikaji Food International Limited, Bihar State Co-operative Milk Producers Federation Limited (COMFED), Gujarat Co-operative Milk Marketing Federation Limited, Haldiram's, Karnataka Co-operative Milk Producers Federation Limited (KMF), KC Das Private Limited, Lal Sweets Private Limited, Orissa State Co-operative Milk Producers Federation Limited (OMFED), Parag Milk Foods Limited, and Tamil Nadu Co-operative Milk Producers Federation Limited (TCMF).
Key Questions Answered in This Report
1. What was the size of the India packaged sweets market in 2022?
2. What is the expected growth rate of the India packaged sweets market during 2023-2028?
3. What has been the impact of COVID-19 on the India packaged sweets market?
4. What are the key factors driving the India packaged sweets market?
5. What is the breakup of the India packaged sweets market based on the product type?
6. What is the breakup of the India packaged sweets market based on the ingredient type?
7. What is the breakup of the India packaged sweets market based on the packaging type?
8. What is the breakup of the India packaged sweets market based on the distribution channel?
9. What are the key regions in the India packaged sweets market?
10. Who are the key players/companies in the India packaged sweets market?
Table of Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 India Sweets Market
5.1 Market Performance
5.2 Market Forecast
5.3 Market Breakup by Sector
5.4 Market Breakup by Organized Sector
6 India Packaged Sweets Market
6.1 Market Overview
6.2 Market Performance
6.3 Impact of COVID-19
6.4 Market Breakup by Product Type
6.5 Market Breakup by Ingredient Type
6.6 Market Breakup by Packaging Type
6.7 Market Breakup by Distribution Channel
6.8 Market Breakup by Region
6.9 Market Forecast
7 Market Breakup by Product Type
7.1 Rasgulla and Gulab Jamun
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Barfi
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Soan Papdi
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Peda
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Laddoo
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Ingredient Type
8.1 Milk and Milk Derivatives
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cereal and Pulses
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Dry Fruits
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Fruits and Vegetables
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Packaging Type
9.1 Boxes
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Tin Cans
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Plastic Containers
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Distribution Channel
10.1 Own Brand Stores
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Convenience Stores
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Supermarkets and Hypermarkets
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 E-Commerce
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Milk Outlets
10.5.1 Market Trends
10.5.2 Market Forecast
11 Market Breakup by Region
11.1 North India
11.1.1 Market Trends
11.1.2 Market Breakup by States
11.1.3 Market Forecast
11.2 West and Central India
11.2.1 Market Trends
11.2.2 Market Breakup by States
11.2.3 Market Forecast
11.3 South India
11.3.1 Market Trends
11.3.2 Market Breakup by States
11.3.3 Market Forecast
11.4 East India
11.4.1 Market Trends
11.4.2 Market Breakup by States
11.4.3 Market Forecast
12 SWOT Analysis
12.1 Strengths
12.2 Weaknesses
12.3 Opportunities
12.4 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profile of Key Players
16.3.1 Banchharam
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2 Bikanervala Foods Private Limited
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.3 Bikaji Food International Limited
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Bihar State Co-operative Milk Producers Federation Limited (COMFED)
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 Gujarat Co-operative Milk Marketing Federation Limited
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.6 Haldiram's
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.7 Karnataka Co-operative Milk Producers Federation Limited (KMF)
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 KC Das Private Limited
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.9 Lal Sweets Private Limited
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.10 Orissa State Co-operative Milk Producers Federation Limited (OMFED)
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.11 Parag Milk Foods Limited
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.12 Tamil Nadu Co-operative Milk Producers Federation Limited (TCMF)
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.12.3 Financials
List of Figures
Figure 1: India: Packaged Sweets Market: Major Drivers and Challenges
Figure 2: India: Sweets Market: Sales Value (in INR Crore), 2017-2022
Figure 3: India: Sweets Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 4: India: Sweets Market: Breakup by Sector (in %), 2022
Figure 5: India: Sweets Market: Breakup by Organized Sector (in %), 2022
Figure 6: India: Packaged Sweets Market: Sales Value (in INR Crore), 2017-2022
Figure 7: India: Packaged Sweets Market: Sales Volume (in Million Kg), 2017-2022
Figure 8: India: Packaged Sweets Market: Breakup by Product Type (in %), 2022
Figure 9: India: Packaged Sweets Market: Breakup by Ingredient Type (in %), 2022
Figure 10: India: Packaged Sweets Market: Breakup by Packaging Type (in %), 2022
Figure 11: India: Packaged Sweets Market: Breakup by Distribution Channel (in %), 2022
Figure 12: India: Packaged Sweets Market: Breakup by Region (in %), 2022
Figure 13: India: Packaged Sweets Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 14: India: Packaged Sweets Market Forecast: Sales Volume (in Million Kg), 2023-2028
Figure 15: India: Packaged Sweets (Rasgulla and Gulab Jamun) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 16: India: Packaged Sweets (Rasgulla and Gulab Jamun) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 17: India: Packaged Sweets (Barfi) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 18: India: Packaged Sweets (Barfi) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 19: India: Packaged Sweets (Soan Papdi) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 20: India: Packaged Sweets (Soan Papdi) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 21: India: Packaged Sweets (Peda) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 22: India: Packaged Sweets (Peda) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 23: India: Packaged Sweets (Laddoo) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 24: India: Packaged Sweets (Laddoo) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 25: India: Packaged Sweets (Other Product Types) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 26: India: Packaged Sweets (Other Product Types) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 27: India: Packaged Sweets (Milk and Milk Derivatives) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 28: India: Packaged Sweets (Milk and Milk Derivatives) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 29: India: Packaged Sweets (Cereal and Pulses) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 30: India: Packaged Sweets (Cereal and Pulses) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 31: India: Packaged Sweets (Dry Fruits) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 32: India: Packaged Sweets (Dry Fruits) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 33: India: Packaged Sweets (Fruits and Vegetables) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 34: India: Packaged Sweets (Fruits and Vegetables) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 35: India: Packaged Sweets (Other Ingredient Types) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 36: India: Packaged Sweets (Other Ingredient Types) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 37: India: Packaged Sweets (Boxes) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 38: India: Packaged Sweets (Boxes) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 39: India: Packaged Sweets (Tin Cans) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 40: India: Packaged Sweets (Tin Cans) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 41: India: Packaged Sweets (Plastic Containers) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 42: India: Packaged Sweets (Plastic Containers) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 43: India: Packaged Sweets (Own Brand Stores) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 44: India: Packaged Sweets (Own Brand Stores) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 45: India: Packaged Sweets (Convenience Stores) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 46: India: Packaged Sweets (Convenience Stores) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 47: India: Packaged Sweets (Supermarkets and Hypermarkets) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 48: India: Packaged Sweets (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 49: India: Packaged Sweets (E-Commerce) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 50: India: Packaged Sweets (E-Commerce) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 51: India: Packaged Sweets (Milk Outlets) Market: Sales Value (in INR Crore), 2017 & 2022
Figure 52: India: Packaged Sweets (Milk Outlets) Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 53: North India: Packaged Sweets Market: Sales Value (in INR Crore), 2017 & 2022
Figure 54: North India: Packaged Sweets Market: Breakup by States (in %), 2022
Figure 55: North India: Packaged Sweets Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 56: West and Central India: Packaged Sweets Market: Sales Value (in INR Crore), 2017 & 2022
Figure 57: West and Central India: Packaged Sweets Market: Breakup by States (in %), 2022
Figure 58: West and Central India: Packaged Sweets Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 59: South India: Packaged Sweets Market: Sales Value (in INR Crore), 2017 & 2022
Figure 60: South India: Packaged Sweets Market: Breakup by States (in %), 2022
Figure 61: South India: Packaged Sweets Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 62: East India: Packaged Sweets Market: Sales Value (in INR Crore), 2017 & 2022
Figure 63: East India: Packaged Sweets Market: Breakup by States (in %), 2022
Figure 64: East India: Packaged Sweets Market Forecast: Sales Value (in INR Crore), 2023-2028
Figure 65: India: Packaged Sweets Industry: SWOT Analysis
Figure 66: India: Packaged Sweets Industry: Value Chain Analysis
Figure 67: India: Packaged Sweets Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: India: Packaged Sweets Market: Key Industry Highlights, 2022 and 2028
Table 2: India: Packaged Sweets Market: Breakup by Product Type (in INR Crore), 2017 & 2022
Table 3: India: Packaged Sweets Market Forecast: Breakup by Product Type (in INR Crore), 2023-2028
Table 4: India: Packaged Sweets Market: Breakup by Ingredient Type (in INR Crore), 2017 & 2022
Table 5: India: Packaged Sweets Market Forecast: Breakup by Ingredient Type (in INR Crore), 2023-2028
Table 6: India: Packaged Sweets Market: Breakup by Packaging Type (in INR Crore), 2017 & 2022
Table 7: India: Packaged Sweets Market Forecast: Breakup by Packaging Type (in INR Crore), 2023-2028
Table 8: India: Packaged Sweets Market: Breakup by Distribution Channel (in INR Crore), 2017 & 2022
Table 9: India: Packaged Sweets Market Forecast: Breakup by Distribution Channel (in INR Crore), 2023-2028
Table 10: India: Packaged Sweets Market: Breakup by Region (in INR Crore), 2017 & 2022
Table 11: India: Packaged Sweets Market Forecast: Breakup by Region (in INR Crore), 2023-2028
Table 12: India: Packaged Sweets Market: Key Price Indicators
Table 13: India: Packaged Sweets Market Structure
Table 14: India: Packaged Sweets Market: Key Players
Companies Mentioned
- Banchharam
- Bikanervala Foods Private Limited
- Bikaji Food International Limited
- Bihar State Co-operative Milk Producers Federation Limited (COMFED)
- Gujarat Co-operative Milk Marketing Federation Limited
- Haldiram's
- Karnataka Co-operative Milk Producers Federation Limited (KMF)
- KC Das Private Limited
- Lal Sweets Private Limited
- Orissa State Co-operative Milk Producers Federation Limited (OMFED)
- Parag Milk Foods Limited
- and Tamil Nadu Co-operative Milk Producers Federation Limited (TCMF)
Methodology
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