Press release
India Biscuit Market Size, Share, Opportunities, Market Growth, Trends, Challenges, Outlook, 2023
India biscuit market is expected to grow with a CAGR of more than 6% during the forecast period of FY 2017-18 to FY 2022-23. The market is running in both organized and unorganized ways. The organized market is further divided into product types such as cookies biscuit, cream biscuit, glucose, marie, milk, crackers, etc. Cookies biscuits are the largest revenue generating product in India capturing majority of the market. Cookies biscuits market is majorly driven by the urban consumers. Cookies are available in a large number of variants which are both tasty and healthy to consume. The nation is characterized with a monetarily strong middle class, making the economic pricing segment an important revenue generator. India biscuit market is dominated by players like Britannia Industries, Parle, ITC Limited, etc. Some of their largest brands include Parle-G, Good Day, Sunfeast, Marie Gold, etc. All these big players are into production of every type of biscuits. Additionally, the country has some regional players as well who make biscuits for a particular region or states. India is considered to be the third biggest producer of biscuits after United States and China. The country exports its biscuits to countries like Uganda, Nepal, Tanzania Rep, etc.
According to recently published report of Bonafide Research "India Biscuit Market Outlook, 2023", the cookies biscuit market of India is expected to grow with a CAGR of more than 11% over the forecast period 2018-23. Consumers taste has been changing continuously with time. Cookies have taken the place of other biscuits such as cream, glucose, milk, marie, crackers, etc. With premiumization of biscuits, cookies biscuits are widely purchased by the consumers. Also, with increasing purchasing power, consumers are readily paying for taste and quality products. For example, 'Parle' which previously focused on mass marketing of products especially plain biscuits is now targeting the niche market as well. The introduction of Parle’s 'Milano' cookie is an example of growing demand for center-filled cookies in the country. Further, recently, in the mid of 2017, 'Cremica' introduced its premium cookie “Golden Bites” in response to growing consumer demand for taste and indulgence. The market is rapidly evolving as per consumers changing taste preference towards different variants of biscuits; the market players are also coming up with product innovation and promotional strategies to collect the benefits.
Report Link: https://www.bonafideresearch.com/product/180220241/India-Biscuit-Market-Outlook,-2023
"Changing taste preferences, high margins, expansion of modern supermarket chains and increasing affluence amongst consumers have encouraged the manufacturers to come up with different kinds of cookies. Due to low income people, large quantity in small packs and wide distribution network in the rural places, consumption of mass cookies has increased in recent times, thus increasing the total market of cookies." said Dhwipal Shah, Director with Bonafide Research
Base Year: 2016-17, Estimated Year: 2017-18, Forecast Year: 2022-23
Pages: 165, Figures: 68, Tables: 29
Covered in the report:
• Cookies Biscuit
• Cream Biscuit
• Glucose Biscuit
• Marie Biscuit
• Digestive Biscuit
• Cracker Biscuit (Salted and Non-Salted)
• Milk Biscuit
"India Biscuit Market Outlook, 2023" discusses the following aspects of biscuits in India:
How it will help solving your strategic decision making process??
The report gives an in-depth understanding of the biscuit market in India:
- India Biscuit Market Outlook
- India Biscuit Market Size By Value & Forecast
- India Biscuit Market Size By Volume & Forecast
- India Biscuit Market Segmental Analysis: By Organized Vs. Unorganized
- India Unorganized Biscuit Market Size By Value & Forecast
- India Unorganized Biscuit Market Size By Volume & Forecast
- India Organized Biscuit Market Size By Value & Forecast
- India Organized Biscuit Market Size By Volume & Forecast
- India Organized Biscuit Market Segmental Analysis: By Company, By Brand, By Product Type
- India Cookie Biscuit Market Size By Value & Forecast
- India Mass Cookie Biscuit Market Size By Value & Forecast
- India Premium Cookie Biscuit Market Size By Value & Forecast
- India Cookie Biscuit Market Size By Volume & Forecast
- India Cookie Biscuit Market Segmental Analysis: By Company, By Brand, By Segment (Mass Vs. Premium)
- India Cream Biscuit Market Size By Value & Forecast
- India Mass Cream Biscuit Market Size By Value & Forecast
- India Premium Cream Biscuit Market Size By Value & Forecast
- India Cream Biscuit Market Size By Volume & Forecast
- India Cream Biscuit Market Segmental Analysis: By Company, By Brand, By Segment (Mass Vs. Premium)
- India Glucose Biscuit Market Size By Value & Forecast
- India Glucose Biscuit Market Size By Volume & Forecast
- India Glucose Biscuit Market Segmental Analysis: By Company, By Brand
- India Marie Biscuit Market Size By Value & Forecast
- India Marie Biscuit Market Size By Volume & Forecast
- India Marie Biscuit Market Segmental Analysis: By Company, By Brand
- India Digestive Biscuit Market Size By Value & Forecast
- India Digestive Biscuit Market Segmental Analysis: By Brand
- India Cracker Biscuit Market Size By Value & Forecast
- India Non-Salted Cracker Biscuit Market Size By Value & Forecast
- India Salted Cracker Biscuit Market Size By Value & Forecast
- India Cracker Biscuit Market Size By Volume & Forecast
- India Cracker Biscuit Market Segmental Analysis: By Company, By Brand, By Type (Non-Salted Vs. Salted)
- India Milk Biscuit Market Size By Value & Forecast
- India Milk Biscuit Market Size By Volume & Forecast
- India Milk Biscuit Market Segmental Analysis: By Company, By Brand
- India Other Biscuit Market Size By Value & Forecast
- India Other Biscuit Market Size By Volume & Forecast
- Product Price & Variant Analysis of Cookie, Cream, Glucose, Marie, Cracker, Milk and Other biscuits.
Download Sample: https://www.bonafideresearch.com/download_page.php?product_code=180220241
Major companies operating in the biscuit market of India are ITC Limited, Britannia Industries Limited, Mondelez India Foods Private Limited, Parle Products Private Limited, Surya Food & Agro Limited, Ravi Foods Private Limited, Unibic Foods India Private Limited, Anmol Industries Limited, Mrs. Bectors Food Specialities Limited and United Biscuits Private Limited.
Bonafide Research is one of the fastest growing market research and consulting company. Our report store have collection of 30,000 premium research reports for variety of industrial verticals. We are expert in syndicated research reports & custom research solutions across the domains. We have been closely working with fortune 500 clients by helping them in tracking the constantly changing market scenario. Bonafide has continuously made efforts to evolve and enhance the report quality with each passing day. Our client base consists of BCG, Ernst & Young, PwC, Inflexion, Nestle, Crompton Greaves, SRF, CPF, Aramax, Stainhoff, Welspun, Blaupunkt, Brookfield, Lindt, Storck, GCPL, ITC, Microtek, Anchor, Hero Eco, LG Chem, Sojitz Corp., Sumitomo, FMC Corp., Lutron and many more.
Steven Thomas
Bonafide Research & Marketing Pvt. Ltd.
Address: T-13/A, IndiaBulls Mega Mall, Jetalpur Road, Vadodara
Phone: +91 265 6551309 / +91 7878231309
Email: sales@bonafideresearch.com
Linkedin: https://www.linkedin.com/company/bonafide-research/
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