Projections for the India confectionery market suggest a promising growth trajectory, with an anticipated rise of USD 2.9 billion and a compound annual growth rate (CAGR) nearing 6.8% over the next five years. India’s confectionery market is experiencing robust growth, fueled by a large young population and rising disposable incomes. The market is witnessing increasing demand for both traditional sweets and Western-style treats. Urbanization and the expansion of modern retail channels are enhancing product accessibility, while e-commerce is playing a significant role in broadening consumer reach.
This report presents a detailed overview of the India confectionery industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, packaging type and distribution channel. This detailed analysis supports the identification of growth opportunities within the confectionery industry.
Market Segmentation
The India confectionery market is structured as follows:
Product type: chocolate, gums, sugar confectionery
Packaging type: flexible packaging, folding cartons, rigid plastic, metal, others
Distribution channel: convenience stores, forecourts, supermarkets and hypermarkets, specialized stores, small grocery stores, foodservice channels, e-commerce, others
The India market for confectionery is divided based on product type, packaging type and distribution channel. The categorization of the market by product type includes chocolate, gums, and sugar confectionery. Packaging type categories include flexible packaging, folding cartons, rigid plastic, metal, and others. Distribution channel segments consist of convenience stores, forecourts, supermarkets and hypermarkets, specialized stores, small grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
The confectionery market is highly competitive, with key companies profiled in this report, including The Procter & Gamble Company (P&G), The Hershey Company, PT. Mayora Indah Tbk, Perfetti Van Melle Group, Parle Products Pvt. Ltd., Nestle S.A., Mondelez International Inc., Mars Incorporated, Mapro Foods Pvt Ltd, Lotte Corporation, ITC Limited, Gujarat Co-operative Milk Marketing Federation Limited (GCMMF), global Consumer Products (Pvt) Ltd., Ferrero International S.A. and Dharampal Satyapal Group (DS Group).
The report provides a detailed assessment of prominent companies within the confectionery market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the India confectionery market.
Gain in-depth analysis and forecasts for the key segments of the India confectionery market: product type, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the India confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the India confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
India Confectionery Market – Product Type Analysis
India Confectionery Market – Packaging Type Analysis
India Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– The Procter & Gamble Company (P&G)
– The Hershey Company
– PT. Mayora Indah, Tbk
– Perfetti Van Melle Group
– Parle Products Pvt. Ltd.
– Nestle S.A.
– Mondelez International Inc.
– Mars, Incorporated
– Mapro Foods Pvt Ltd
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table India Confectionery Market 2019-2029
Chart India Confectionery Market, Net Growth, 2019-2029
Chart India Confectionery Market, Growth Rates, 2019-2029
Table India Confectionery Market by Product Type, 2019-2029
Chart India Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart India Confectionery Market by Product Type, 2019-2029
Table India Confectionery Market by Packaging Type, 2019-2029
Chart India Confectionery Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart India Confectionery Market by Packaging Type, 2019-2029
Table India Confectionery Market by Distribution Channel, 2019-2029
Chart India Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart India Confectionery Market by Distribution Channel, 2019-2029
Table India Confectionery Market Share (%), by Companies, 2019-2023
Chart India Confectionery Market, by Companies, 2023
Table India Confectionery Market Share (%), by Brands, 2019-2023
Chart India Confectionery Market, by Brands, 2023
Table India – Population (Millions) and Forecast
Table India – Consumer Price Index (CPI) and Forecast
Table India – Gross Domestic Product and Forecast
Table India Confectionery Market: Spend as a Proportion of GDP (%)
Table India Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
The Procter & Gamble Company (P&G)
The Hershey Company
PT. Mayora Indah, Tbk
Perfetti Van Melle Group
Parle Products Pvt. Ltd.
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Mapro Foods Pvt Ltd
Lotte Corporation
ITC Limited
Gujarat Co-operative Milk Marketing Federation Limited (GCMMF)
Global Consumer Products (Pvt) Ltd.
Ferrero International S.A.
Dharampal Satyapal Group (DS Group)