Largest Snacks Company in India | By IMARC Group

Snacks Industry Outlook:

Snacks are food products that are smaller in portion size than the main meal and are usually consumed as an appetizer or side dish. They are either fried or baked and are prepared from various ingredients, such as potatoes, grains, corn, nuts, oil, vegetables, etc. Snacks are mainly obtainable in spicy, sweet, salty, and sour tastes. Some commonly eaten snacks in India include popcorn, salted peanuts, chips, fryums, etc. They are preferred by the masses on account of their long shelf-life, satisfying taste, and easy storage. As such, snacks are extensively available in superstores, online channels, hyperstores, etc., across the country.

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Indian Snacks Market Trends and Drivers:

The escalating demand for on-the-go food items, particularly among the working and Millennial individuals, is primarily driving the India snacks market. Besides this, the inflating urbanization levels, the shifting dietary preferences, and the improving consumer living standards are further augmenting the market growth.

Apart from this, the elevating popularity of snack variants with ethnic tastes, such as murukku, papad, banana chips, samosas, etc., based on the diverse food cultures across the country is also catalyzing the India snacks market. Moreover, the implementation of several stringent quality standards by the Food Safety and Standards Authority of India (FSSAI) to reduce the risk of digestive problems and food-borne illness is acting as another significant growth-inducing factor.

Furthermore, the introduction of value-added product variants with organic, natural, vegan, low-calorie, and gluten-free ingredients is anticipated to bolster the India snacks market over the forecasted period.

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Top Snacks Company in India:

1. Agro Tech Foods Ltd. (Conagra Brands, Inc.)
Establishment: 1986
Headquarters: Haryana, India

2. Balaji Wafers Pvt. Ltd.
Establishment: 1989
Headquarters: Gujrat, India

3. Bikanervala Foods Private Limited
Establishment: 1950
Headquarters: Delhi, India

4. Haldiram Snacks Private Limited
Establishment: 1982
Headquarters: Maharashtra, India

5. ITC Limited
Establishment: 1910
Headquarters: West Bengal, India

6. Parle Products Private Limited
Establishment: 1929
Headquarters: Maharashtra, India

7. PepsiCo India Ltd.
Establishment: 1989
Headquarters: New Delhi, India

8. Prataap Snacks Limited (Yellow Diamond)
Establishment: 2004
Headquarters: Madhya Pradesh, India

9. TTK Foods (TTK Healthcare)
Establishment: 1930s
Headquarters: Chennai, India

10. Urban Platter
Establishment: 2015
Headquarters: Maharashtra, India

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