Indian Savory Snacks Market Size, Share, Future Prospects and Forecast 2020-2026

The India savory snacks market is expected to exhibit a rapid CAGR of 15.8% during the forecast period (2020-2026). Owing to the strengthening of mass media and its significant impact on the local consumers, the savory snacks market is all set to observe a robust growth across the parts of the market that are easily accessible by electronic media. With the constantly improvising standards of living across the country, the young population is attempting to experiment with all the eatables and formulations that are new and vogue in the market. This development is witnessed in the food segment as well, with more and more Indian consumers coming forward to experience various snacking options offered by local and international manufacturers, which is driving the market growth.

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In India, the patterns of snacking have changed remarkably in recent times, as snacking is not just about children or youth, but the even older population is doing it. In most Indian consumers, snacking between meals has become a habitual occurrence in everyday life. Further savory snacks cater to a diverse consumer base and appeal to almost every age group being increasingly consumed. Semi-urban and rural space is increasingly penetrated by snacking brands. Earlier these regions were dominated by homemade or unbranded products. Subsequently, the savory snacks have displayed a high growth trajectory and several new players have emerged in the market while the existing players plan expansion.

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Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- by Product and Distribution Channel
• Competitive Landscape – Balaji Wafers Pvt Ltd., Haldiram Foods International Pvt. Ltd., ITC, Ltd., Parle Products Pvt. Ltd., and PepsiCo, Inc.

Key questions addressed by the report

• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

India Savory Snacks Market Report Segment

By Product

• Extruded Snacks
• Potato Chips
• Nuts & Seeds
• Meat Snacks
• Popcorn
• Others

By Distribution Channel

• Conventional Stores (Offline)
• Online Retail

Company Profiles

• ATOP Food Products Pvt. Ltd.
• BTW Indian Pvt. Ltd.
• Balaji Wafers Pvt. Ltd.
• Bikaji Foods International, Ltd.
• Bikanervala Foods Pvt. Ltd. (Bikano)
• Conagra Brands, Inc.
• DFM Foodsm Ltd.
• Gee Pee Food Products, Ltd.
• General Mills, Inc.
• Ghodawat Consumer Products LLP
• Haldiram Foods International Pvt. Ltd.
• ITC, Ltd.
• MTR Foods Pvt. Ltd.
• Nanaji Namkeen Udyog Pvt. Ltd.
• Parle Products Pvt. Ltd.
• PepsiCo, Inc.
• Prataap Snacks, Ltd.
• The Hain Celestial Group, Inc.
• The Kellogg Company
• The Kraft Heinz Co.

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