Top 10 Snacks Companies in India 2025: Leading Manufacturers and Brands

Market Dynamics of Snacks Companies in India 2025

Industry Expansion:

The Indian snacks industry is undergoing remarkable growth, fueled by rising disposable incomes, rapid urbanization, and changing dietary preferences. Consumers are increasingly shifting toward convenient, on-the-go snacking options, with both traditional namkeens and Western-style snacks gaining popularity. Established players like Haldiram's, ITC, and PepsiCo India dominate the market through strong distribution networks, while regional giants such as Balaji Wafers and Bikanervala have built loyal consumer bases with authentic flavors.

The packaged snacks segment has expanded significantly due to the boom in modern retail and e-commerce platforms, making products more accessible across urban and semi-urban regions. Health-focused innovations, including baked, organic, gluten-free, and low-calorie variants, are further driving consumer adoption. Moreover, international companies like Conagra Brands (Agro Tech Foods) are expanding their footprint through premium offerings, boosting the market's competitiveness.

In addition, rising exports of Indian savory snacks and sweets are creating new growth opportunities, supported by strong demand from diaspora markets. Despite challenges like fluctuating raw material costs and intense competition, the sector's future remains strong, supported by continuous innovation, premiumization, and diversification across product categories.

Strategic Approaches:

Snacks companies in India are deploying diverse strategies to strengthen their market presence and capture a wide consumer base. Haldiram's is scaling operations with investments in automation and global expansion, while ITC leverages its multi-category FMCG strength to expand its Bingo! brand with innovative regional flavors. Parle Products is tapping into affordability and mass appeal with value-driven snack packs, while PepsiCo India is enhancing efficiency by integrating renewable energy in manufacturing and scaling digital distribution.

Regional leaders like Balaji Wafers focus on deep penetration in Tier-2 and Tier-3 cities, offering competitively priced chips and namkeens. Premium-oriented brands such as Urban Platter are targeting health-conscious and urban consumers with gourmet snack lines. Prataap Snacks (Yellow Diamond) continues to innovate with baked products, while Bikanervala Foods strengthens its dual model of packaged snacks and restaurant chains.

Financing and product innovation strategies also play a crucial role-companies are launching smaller SKU sizes to attract budget-sensitive buyers while offering premium packs to urban professionals. Collaborations with retail chains, food delivery platforms, and global investors are further enhancing brand equity. Through a balance of innovation, affordability, and premiumization, Indian snacks firms are carving competitive niches in this evolving industry.

How Big is the India Snacks Market:

• Market Size Value in 2024: INR 46,571.3 Crore
• Industry Revenue Forecast in 2033: INR 1,01,811.2 Crore
• Growth Rate: CAGR of 8.63% (2025-2033)
• Base Year of Estimation: 2024
• Historical Data: 2019-2024
• Future Forecast Period: 2025-2033

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Emerging Trends:

The Indian snacks market is witnessing transformative trends that are shaping its future. Healthier snacking is on the rise, with companies launching baked, low-fat, and plant-based variants to meet consumer demand for guilt-free indulgence. Premiumization is gaining traction, as affluent buyers increasingly prefer gourmet and clean-label snacks.
Regional and fusion flavors are becoming mainstream, with brands experimenting by blending traditional Indian spices with Western formats like chips, nachos, and extruded snacks. Digital distribution and e-commerce penetration are expanding reach beyond metro cities, while modern trade channels are playing a vital role in pushing branded packaged snacks.

Sustainability is another emerging focus area, with companies adopting eco-friendly packaging, solar-powered facilities, and recycling initiatives to align with global ESG standards. Export-driven growth is also accelerating, as Indian snacks gain traction across North America, Europe, and the Middle East. Together, these trends highlight how the Indian snacks industry is positioning itself as an innovative, consumer-centric, and globally competitive sector.

By IMARC Group, the Top 10 Snacks Companies in India 2025:

• Balaji Wafers & Namkeens
• Bikaji Foods International Limited
• Bikanervala
• Haldiram Snacks Food Pvt. Ltd.
• ITC Limited
• Parle Products Pvt. Ltd
• PepsiCo
• Prataap Snacks Limited
• Sundrop Brands Limited
• TTK Foods

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This release was published on openPR.