The India savory snacks market is on track for a substantial increase of USD 3.3 billion, indicating a compound annual growth rate (CAGR) of roughly 6.9% during the forecast period from 2024 to 2029. India’s savory snacks market is expanding rapidly, driven by rising disposable incomes, urbanization, and changing consumer preferences. The increasing popularity of packaged snacks, such as chips, extruded snacks, and nuts, is being complemented by the growing demand for healthier options, including low-fat, low-sodium, and baked snacks. Additionally, the country’s deep-rooted snacking culture, with a variety of local flavours and traditional snacks, continues to shape the market, creating diverse and unique offerings that cater to regional tastes.
The report delivers an in-depth analysis of the India savory snacks industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, packaging material and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the savory snacks market.
Market Segmentation
The following outlines the segmentation of the India savory snacks market:
Product type: corn and tortilla chips, nuts and seeds, popcorn, potato chips, puffed snacks, rice snacks, savoury biscuits and crackers, others
Packaging material: flexible packaging, paper and board, rigid plastics, others
Distribution channel: convenience stores, supermarkets and hypermarkets, grocery stores, e-commerce, others
In India, the savory snacks market is segmented by product type, packaging material and distribution channel. The market is classified by product type into corn and tortilla chips, nuts and seeds, popcorn, potato chips, puffed snacks, rice snacks, savoury biscuits and crackers, and others. Packaging material segments are categorized into flexible packaging, paper and board, rigid plastics, and others. Distribution channel segmentation comprises convenience stores, supermarkets and hypermarkets, grocery stores, e-commerce, and others.
Competitive Landscape
The savory snacks market is characterized by dominance from key players such as Surya Food & Agro Pvt. Ltd., SM Foods Ltd., Saj Industries Pvt. Ltd., RP-Sanjiv Goenka Group, Prataap Snacks Pvt. Ltd., PepsiCo Inc., Parle Products Pvt. Ltd., Laxmi Snacks Pvt. Ltd., ITC Limited, Happilo International Pvt. Ltd., Haldiram Snacks Pvt. Ltd., Haldiram Foods International Pvt. Ltd., Haldiram Bhujiawala Ltd., GreenDot Health Foods Ltd., DFM Foods Ltd., Conagra Brands Inc., Britannia Industries Ltd., Bikanervala Foods Pvt. Ltd., Bikaji Foods Pvt. Ltd., Balaji Wafers Pvt. Ltd. and Anmol Industries Limited.
This report delivers an in-depth examination of leading companies in the savory snacks sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the India savory snacks market.
Gain in-depth analysis and forecasts for the key segments of the India savory snacks market: product type, packaging material 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 savory snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the India savory snacks 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 Savory Snacks Market – Product Type Analysis
India Savory Snacks Market – Packaging Material Analysis
India Savory Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– Surya Food & Agro Pvt. Ltd.
– SM Foods Ltd.
– Saj Industries Pvt. Ltd.
– RP-Sanjiv Goenka Group
– Prataap Snacks Pvt. Ltd.
– PepsiCo, Inc.
– Parle Products Pvt. Ltd.
– Laxmi Snacks Pvt. Ltd.
– ITC Limited
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table India Savory Snacks Market 2019-2029
Chart India Savory Snacks Market, Net Growth, 2019-2029
Chart India Savory Snacks Market, Growth Rates, 2019-2029
Table India Savory Snacks Market by Product Type, 2019-2029
Chart India Savory Snacks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart India Savory Snacks Market by Product Type, 2019-2029
Table India Savory Snacks Market by Packaging Material, 2019-2029
Chart India Savory Snacks Market by Packaging Material, CAGR Historic and Forecast, 2019-2029
Chart India Savory Snacks Market by Packaging Material, 2019-2029
Table India Savory Snacks Market by Distribution Channel, 2019-2029
Chart India Savory Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart India Savory Snacks Market by Distribution Channel, 2019-2029
Table India Savory Snacks Market Share (%), by Companies, 2019-2023
Chart India Savory Snacks Market, by Companies, 2023
Table India Savory Snacks Market Share (%), by Brands, 2019-2023
Chart India Savory Snacks 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 Savory Snacks Market: Spend as a Proportion of GDP (%)
Table India Savory Snacks Market: Consumption per Capita (Population)
Companies Mentioned
Surya Food & Agro Pvt. Ltd.
SM Foods Ltd.
Saj Industries Pvt. Ltd.
RP-Sanjiv Goenka Group
Prataap Snacks Pvt. Ltd.
PepsiCo, Inc.
Parle Products Pvt. Ltd.
Laxmi Snacks Pvt. Ltd.
ITC Limited
Happilo International Pvt. Ltd.
Haldiram Snacks Pvt. Ltd.
Haldiram Foods International Pvt. Ltd.
Haldiram Bhujiawala Ltd.
GreenDot Health Foods Ltd.
DFM Foods Ltd.
Conagra Brands, Inc.
Britannia Industries Ltd.
Bikanervala Foods Pvt. Ltd.
Bikaji Foods Pvt. Ltd.
Balaji Wafers Pvt. Ltd.
Anmol Industries Limited