India Namkeen Market Overview, 2018-2023
"The snack market has recently seen a boom in the number of traditional snack manufacturers who produce packaged products but it is very essential for them to develop a sound strategy and have an in-depth knowledge of their target consumers."
After 2001, India has seen a massive change in Snack food market. The meaning of snack has been redefined from chips and cookies to beverages, mini-meals and even three items on the plate. There is a rise in demand of snacks market which drives manufactures to grow and operate in this segment lucratively. Due to the busier lifestyle in the recent past, the demand for convenient products has increased a lot with the thrust of packaged food in India. With the advancement of technology, urbanization, increase in purchasing power, growth in female work population, expansion of nuclear families has augmented the business of the packaged snack food and attracted a large mass toward the snack market in India. In order to save time, people are gradually shifting to ready to eat food items. And the growth rate of the packaged food market has been remarkable in last five years.
Traditional and western snacks have become part of the daily diet for rural and urban kids in India. Working parents prefer to buy the branded chips and snacks as they believe that these are prepared hygienically and will provide some amount of energy and nourishment that the children are deprived of because of their parent's busy schedules. Parents tend to forget that chips and snacks are fillers and not a whole meal that provides nutrition in some proportion. Consumer voice did comparative testing of well known chips and snacks brands to find out how well these products perform on health and hygiene parameters. Fortunately all the tested products were endorsed as hygienic and as far as being healthy, the manufacturer were playing with words – ‘no added msg’, ‘edible oil’, ‘iodized salt’. So many different names confusing even educated consumers searching for definition of these words in dictionaries rather than being able to make a quick decision as to which product is most suited for them.
According to Recent Published Report of Bonafide Research "India Namkeen Market Overview, 2018-2023" India traditional snacks Market is expected to grow with a CAGR of more than 8% in forecasted period. India Namkeen market has wide range of product protfolio which includes Dal Namkeens, Sev bhujia Namkeen, Gathiya Papdi Namkeen, Nuts Namkeens and Mix Namkeen.
The market is mainly dominant by unorganised segment with more than 65% market share. The Indian traditional snacks bring the diversity in the regional taste as India experiences the diversification among different cultures of people. With the increasing consumption of packaged traditional snacks, the usage of various traditional snacks with exotic taste and moreover, health consciousness among people has increased the overall consumer base of Indian traditional snacks. Indian Market is most promising upcoming markets for snacks companies. India is known for its traditional snacks with bold flavours & taste. The country holds a prominent position in the world for Namkeen production, offering over more than 50 range of Namkeen, including in flavour, Spices and regional bases. Haldiram, Balaji wafers, Bikaji, Bikanervala, Prataap snacks, Laxmi Snacks, DFM Foods are some existing players in the market having remarkable control on organised traditional snacks market.
Major brands that operate into India Namkeen market are Haldiram, Balaji Wafers, Bikaji, Bikanervala, Laxmi Snacks, Parle, DFM Foods, Prataap Snacks, PepsiCo and others etc.
Report: India Namkeen Market Outlook, 2023
Base Year: 2017-18, Estimated Year: 2018-19, Forecast Year: 2022-23
Pages: 65, Figures: 28, Tables: 19.
Bonafide Research & Marketing Pvt. Ltd.
Steven Thomas – Sales & Marketing Manager
T-13/A, Indiabulls Mega Mall, Jetalpur Road,
Vadodara, Gujarat 390007
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release India Namkeen Market Overview, 2018-2023 here
News-ID: 1427664 • Views: 2738
More Releases from Bonafide Research & Market Pvt. Ltd.
A person in his lifespan of 60 years contributes almost 17 years in sleeping and …
Sleep is an essential part of life, and a peaceful sleep makes life even healthier and choosing a better mattress makes days, months and years happier. The domestic mattress market has witnessed a growth in recent years on account of rising penetration of the organized sector. Growth of the organized sector is fuelled by increasing demand for good quality mattresses by upcoming foreign players, growing health consciousness and entry of new
India Air Freshener market looks attractive with frequent launch of innovative p …
A variety of fragrance of the air fresheners helps to bring change in one's mood bringing in the amount of joy and freshness in one's life. Lots of people use air fresheners in their homes in their cars in their bathrooms to make their homes have a wave of fragrance and refresh one's mood. The air fresheners not only smell good but it allows you to choose the smell you
Eliminate the bad odour and make the life fresh that smells better
The best way to bring freshness into the life is to let the bad odor make its way out and open the doors for a sweet and pleasant smell that makes the life happening. To start the morning with a pleasant smell surrounding yourself makes a healthy and happy start of the day that brings lots of energy into one's life. Involving a fresh and lovely fragrance is very important as
Pressure to outshine while working keeps you stressed, A better mattress while s …
Indian mattress is transforming innovatively so as the sleep of the consumer is getting sweeter keeping away the stress of work pressure. Mattresses available in India before some years were mostly rubberized coir as foam and spring mattresses were roughly about three times costlier. Initially, the perception within India was that a hard mattress is right for the back. However, the reality is that a mattress should have the correct shape
More Releases for India
Medical Tour India | Affordable Treatment In India
We at MedCredible look after the well being of the patients seeking treatment in India. Our support staff support is well trained in handling various situations arising due to cross border differences. All the patients can avail of high-quality treatment at an extremely affordable cost in a compassionate environment combined with ethical practices. With options of over 100 + Hospitals and Institutions, we at Medcredible ensure that we connect the
IVF India, Test Tube baby India
The aim of setting up KJIVF is to help infertile couples in achieving conception through modern diagnostic and treatment methods. KJIVF Centre has given the best results by blessing infertile couples of advanced age with children, these couples could never dream of becoming parents. Thousands of babies are conceived through in-vitro fertilization (IVF) each year; In-Vitro Fertilization (IVF) means fertilization outside the body. A baby developed from an egg that
Beach Holiday India- Best Beaches in India
The natural beauty, exotic locations and rich heritage has helped India to stand as the most visited and most popular tourist spot in the world. The status of “Incredible India”, is defined by an incredible range of nature’s blessings on the Indian subcontinent and this incredibility is doubled by one of the most fabulous tourism option available in the country that are the brilliant and majestic beaches in India.
ISO 27001 India, 27001 training India ISO
Coral eSecure is information Risk Management advisory with specific focus on Information Security (ISO 27001, ISO 17799, PCI, COBIT, HIPAA, GLBA, and DPA), Business Continuity (BS25999) and ITIL/ IT Service Management (ISO 20000). Coral is the FIRST Indian consulting organization which provides an Integrated Management System Consulting, Consisting of ISO 27001, ISO 20000 and BS25999 – ALL THREE IN ONE! Coral provides Consulting, Assurance audit and Training to address these
Interior Designers India, Designers and Architects India
Today, we have recognized ourselves as a booming beauty interior designing firm, offering services that include interior designing. We are a winning firm, which is based on the strong foundation of innovative and original ideas for interior, architectural and landscaping designing services. Synergy Corporate Interior Design Association has more corporate members. Who provide Products and services. We support Interior Designers India, Designers and Architects India. We are committed to the
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will