Press release
Indian Confectionery Market Growth, Size, Share and Forecast 2020-2026
The Indian confectionery market is anticipated to grow with a considerable CAGR during the forecast period (2020-2026). Indian confectionery market has evolved drastically for the past few decades. The region has a strong presence of globally recognized brands such as Marsh Inc., Nestle SA, The Hershey Co. among others. In addition to this, domestic players such as Amul, DS Group, and Parle Products Pvt. Ltd. are also accounting for a significant share in the Indian confectionery market owing to their product innovations and strong marketing strategies. Moreover, the steady increase in the offerings by the companies with the focus on regionally famous flavors and tastes such as raw mango, orange, and pineapple over time is also aiding the growth of the market.A full report of Indian Confectionery Market is available at: https://www.omrglobal.com/industry-reports/indian-confectionery-market
In addition to this, chocolate consumption over the traditional Indian sweets has also increased significantly in the past few years especially among the younger generation. The growth in the consumption of chocolate is also attributed to the longer shelf life of chocolates as compared to traditional sweets. Additionally, owing to the high western cultural influence, the chocolate gifting trend is also rising significantly across the country. The aforementioned factors will considerably impact the growth of the Indian confectionery market.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/indian-confectionery-market
Market Coverage
• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered-
o By Type
o By Distribution Channel
• Competitive Landscape- Amul, Derby India, Nestlé S.A., Parle Products Pvt. Ltd., The Hershey Co.
Key questions addressed by the report
• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Indian Confectionery Market Report Segment
By Type
• Sugar Confectionery
• Chocolate Confectionery
• Bakers Confectionery
By Distribution Channel
• Supermarkets/ Hypermarkets
• Convenience Stores
• Online Channel
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/indian-confectionery-market
Company Profiles
• Amul (Gujarat Co-operative Milk Marketing Federation Ltd.)
• Chocoladefabriken Lindt & Sprungli AG
• Dazzler Confectionery Co. Pvt. Ltd.
• Derby Indian (Suncrest Food Makers)
• DS Group
• Ferrero SpA
• Lotus Confectionary Co. Ltd.
• Monginis Foods Private Ltd.
• Nestlé S.A.
• Parle Products Pvt. Ltd.
• The Hershey Co.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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