openPR Logo
Press release

Binge eating disorder by todays millenial of extruded snacks to boost up the revenues significantly by 2023 : Bonafide Research

Snacks And Chips Market Research

Snacks And Chips Market Research

According to Recent Published Report of Bonafide Research "India Extuded Snacks & Chips Market Outlook, 2023" India extuded snacks & chips saw a grow rate of 8.78% from 2012-13 to 2017-18. Furthermore, the India Snacks Market is expected to reach INR 92669 Crore in 2022-23.
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 convenience 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. The food industry has expanded at the rate of 15.6% over the last few years. The consistent growth rate presently outlooks for driving growth in future too.
For Sample Report : https://www.bonafideresearch.com/samplereport/181020341/India-Extruded-Snacks-and-Chips-Market-Outlook-2023
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. 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.
The snack market has recently seen a boom in the number of snack and namkeen manufacturers who produce packaged products. Thorough market research and a marketing campaign or strategy based on that research is vital for any new business or brand to create a niche for themselves in this sector which has rampant competition. In India, a giant share of the packaged namkeens/snacks market is enjoyed by Haldirams, which caters to all the states of the country.
Companies adding flavours in savoury snacks are main reason that taste contributes second after time pass. Cream n Onion, Jalapeno, Chilli Tadka etc are some flavours that attract consumers in Indian Market. Leading Players are experimenting with the flavours and cheese, barbeque etc attracting consumers
PepsiCo India is the market leader in organised savoury snacks in India with a share of 17.90%.

Major Companies
Major brands that operate into India Extuded Snacks & Chips Market are Balaji, Haldiram, Bikaji, Bikanervala, DFM foods, Laxmi Snacks, Prataap snacks, ITC, PepsiCo

About Bonafide Research
Bonafide Research is a multi-disciplinary research and consulting company which provides all the data required to solve strategic, business and marketing problems. Bonafide is one of the fastest growing market research and consulting company offering syndicated research, custom research and marketing services. Bonafide Research has not only been working with fortune 500 clients but also served to mid-size companies, small specialists and even start-ups. Our quality of work has ensured repeat business, recognition and recommendations from clients across the world.

T-13/A, Indiabulls Mega Mall, Jetalpur Road,
Vadodara, Gujarat 390007

This release was published on openPR.

Permanent link to this press release:

Copy
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 Binge eating disorder by todays millenial of extruded snacks to boost up the revenues significantly by 2023 : Bonafide Research here

News-ID: 1455513 • Views: 358

More Releases from Bonafide Research & Market Pvt. Ltd.

India ahead of China in paper market in spite of disposing threats.
India has emerged as the world’s fastest growing paper market with a CAGR of 6-7%, leaving behind China, the biggest producer of paper globally. The Rs 60,000-crore Indian paper industry achieved this significant growth, fighting odds of both raw material scarcity and competition from cheaper imports. “China’s paper market has grown only 4.6% per year, while the global paper production in the current year is projected to grow 1-1.5%. In the last
All the roads lead to a Greener India in 2019 : Bonafide Marketing
Owing to increasing number of Electric Vehicle options made available in India the consumers are opting to go green and save the environment. Electric Vehicles uses a battery to store the electric energy that powers the vehicle. Electric Vehicle (EV) is sometimes referred to as Battery Electric Vehicle (BEV).EV batteries are charged by plugging the vehicle in to an electric power source. Electric Vehicles are typically more expensive than similar conventional
India Spread (Jam, Honey, Butter, Cheese, Choco) Market Outlook, 2023
“As Butter is equivalent to Amul, Chocolate Spread is equivalent to Nutella”: Bonafide Research Italian confectionery giant Ferrero is the other name for chocolate spreads in the country, as it is having a predominating share in the chocolate spread market, primarily due to its popularity on the social media, especially among the elite consumers. Most recently, Nutella has caught the fancy of the urban youth who use it in innovative ways to
Incense sticks (Agarbatti & Dhoop) Market Outlook, 2023
New fragrances and variants have blossomed the India Agarbatti and Dhoop market in the past years. The burning of dhoop and agarbatti in religious and social function has been practiced in India since early times. They are burnt in Indian homes as a room freshener and is reputed to process high aesthetic properties. The Indian agarbatti and dhoop industry exports a large amount of shipments to more than 90 countries of

All 5 Releases


More Releases for India

01-17-2011 | Health & Medicine
KJIVF
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
ISO 27001 india, 27001 training india ISO, 17799 training india ISO, Compliance …
Our foundation of service delivery is based on sound research - thereby customers realizing definitive delight and Assurance resilience in their management system. We provide Consulting Services for ISO 27001 india, 27001 training india ISO,17799 training India ISO Security, BCM/BS25999, SAS 70, COBIT Implementation, Annual Compliance Check, Best Practices Implementation, & Quick Gap Analysis. It is a set of ‘best practices’ controls - management and systems - that enables