Press release
Indian Savory Snacks Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029
The Indian savory snacks market is estimated to grow at a rapid CAGR of 15.8% during the forecast period. Rising disposable incomes, rapid urbanization, and a large population primarily contributed to the growth of the Indian savory snacks market. Moreover, changing food habits and wide acceptance of healthy snacking options are the factors creating demand for these products. Additionally, growing awareness regarding low-calorie and gluten-free food products such as nuts and seeds is driving the demand for savory snacks. Increasing health awareness among Indian consumers, driven by the rising media penetration and greater coverage of wellness topics in the mainstream, has led the Indian consumers to take into account health considerations as a part of their purchasing decisions. This trend is driving the growth of snacks formulated using nuts and healthy seeds as ingredients in the country.The Indian savory snacks market is segmented based on product and distribution channels. Based on the product, the savory snacks market is segmented into extruded snacks, potato chips, nuts & seeds, meat snacks, popcorn, and others. The potato chips segment is expected to lead the market share in terms of product. The growth of potato chips is attributed to affordability, availability, ease of processing, and flavors infusion, apart from the robust demands from emerging markets of developing countries. The high nutritional value associated with potatoes has been further complemented by processing level value-addition in terms of baking, seasonings & spices addition, and flexible packaging. The rising popularity of flavored potato chips, especially among children and younger adults, is expected to facilitate and sustain the growth of this segment. The distribution channel segment includes conventional stores (offline) and online retail.
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Indian Savory Snacks Market Segmentation
By Product
Extruded Snacks
Potato Chips
Nuts & Seeds
Meat Snacks
Popcorn
Others
By Distribution Channel
Conventional Stores (Offline)
Online Retail
A full Report of Indian Savory Snacks Market is Available @ https://www.omrglobal.com/industry-reports/indian-savory-snacks-market
Company Profiles
ATOP Food Products 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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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
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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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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