India Snacks Market 2025

The India snacks market is anticipated to witness significant growth, with an expected uptick of USD 12.7 billion, equating to a CAGR of about 8.5% in the coming years. India’s snacks market is undergoing a transformation fueled by regional diversity, policy support, and consumption scale. With over 1.4 billion consumers and strong GDP momentum, snacking has emerged as a democratic indulgence across urban and rural settings. Growth is particularly strong in packaged savory snacks such as namkeen, extruded corn snacks, and flavored potato chips, which have successfully transitioned from unorganized production to branded mass-market appeal. Government programs like the Production Linked Incentive (PLI) scheme for food processing are catalyzing private investment into snack manufacturing, with firms scaling up operations to improve both volume efficiency and food safety compliance.

Cultural preferences remain a strong anchor in product development, yet urbanization is prompting shifts toward Westernized formats such as protein bars, granola mixes, and multigrain chips. Youth-driven demand, coupled with rising female workforce participation, is expanding consumption occasions beyond evening tea to include office snacking and post-workout fuel. Simultaneously, the expansion of modern retail – bolstered by private sector investment and state-level infrastructure enhancements – is enhancing rural access to branded snacks through improved cold chain and distribution. This multi-tiered growth model, supported by government incentives and shifting consumer needs, is positioning India as a critical market in the global snacking value chain.

This report presents a detailed analysis of the India snacks market, offering six years of historical market size data and growth trends, as well as forward-looking estimates through 2030. It explores category-specific and subcategory dynamics, with a sharp focus on developments across product type and distribution channel.

Market Segmentation

The India snacks market is structured as follows:
Product type: confectionery (chocolate confectionery, gum, sugar confectionery), ice cream and frozen dessert (impulse ice creams, take-home ice creams), savory snacks (corn and tortilla chips, nuts and seeds, popcorn, potato chips, puffed snacks, rice snacks, savoury biscuits and crackers, others), fruit snacks, snack bars, sweet biscuits (chocolate biscuits, cookies, plain biscuits, stuffed biscuits, wafers)
Distribution channel: convenience stores, e-commerce, food specialty stores, forecourts, health stores, hypermarkets, small grocery stores, supermarkets, others

The segmentation of the India snacks market product type and distribution channel. The market is classified by product type into confectionery (chocolate confectionery, gum, sugar confectionery), ice cream and frozen dessert (impulse ice creams, take-home ice creams), savory snacks (corn and tortilla chips, nuts and seeds, popcorn, potato chips, puffed snacks, rice snacks, savoury biscuits and crackers, others), fruit snacks, snack bars, and sweet biscuits (chocolate biscuits, cookies, plain biscuits, stuffed biscuits, wafers). Distribution channel segmentation comprises convenience stores, e-commerce, food specialty stores, forecourts, health stores, hypermarkets, small grocery stores, supermarkets, and others.

Competitive Landscape

The snacks market is largely dominated by key players such as Anmol Industries Limited, Balaji Wafers Pvt. Ltd., Bikaji Foods Pvt. Ltd., Bikanervala Foods Pvt. Ltd., Britannia Industries Ltd., Conagra Brands Inc., Dairy Classic Ice Creams Pvt. Ltd., DFM Foods Ltd., Dharampal Satyapal Group (DS Group), Ferrero International S.A., Gujarat Co-operative Milk Marketing Federation Limited (GCMMF), Haldiram Bhujiawala Ltd., Haldiram Foods International Pvt. Ltd., Haldiram Snacks Pvt. Ltd., Happilo International Pvt. Ltd., Hatsun Agro Product Ltd., ITC Limited, Laxmi Snacks Pvt. Ltd., Lotte Corporation, Mars Incorporated, Modern Baking Co., Mondelez International Inc., Mrs. Bectors Food Specialities Ltd., Nabati Group, National Dairy Development Board (NDDB), Nestle S.A., Parle Products Pvt. Ltd., PepsiCo Inc., Perfetti Van Melle Group, Prataap Snacks Pvt. Ltd., PT. Mayora Indah Tbk, Ravi Foods Pvt. Ltd., RJ Corporation, Saj Industries Pvt. Ltd., SM Foods Ltd., Surya Food & Agro Pvt. Ltd., The Procter & Gamble Company (P&G), Unilever PLC and Vadilal Industries Ltd.

The report provides a detailed assessment of prominent companies within the snacks market, tracking their performance from 2020 to 2024. 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 snacks market.
Gain in-depth analysis and forecasts for the key segments of the India snacks market: product 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 snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the India 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
Market Segmentation
Market Overview
India Snacks Market – Product Type Analysis
India Snacks Market – Distribution Channel Analysis
Company Shares Analysis
Anmol Industries Limited
Balaji Wafers Pvt. Ltd.
Bikaji Foods Pvt. Ltd.
Bikanervala Foods Pvt. Ltd.
Britannia Industries Ltd.
Conagra Brands, Inc.
Dairy Classic Ice Creams Pvt. Ltd.
DFM Foods Ltd.
Dharampal Satyapal Group (DS Group)
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table India Snacks Market 2020-2030
Chart India Snacks Market, Net Growth, 2020-2030
Chart India Snacks Market, Growth Rates, 2020-2030
Table India Snacks Market by Product Type, 2020-2030
Chart India Snacks Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart India Snacks Market by Product Type, 2020-2030
Table India Snacks Market by Distribution Channel, 2020-2030
Chart India Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart India Snacks Market by Distribution Channel, 2020-2030
Table India Snacks Market Share (%), by Companies, 2020-2024
Chart India Snacks Market, by Companies, 2024
Table India Snacks Market Share (%), by Brands, 2020-2024
Chart India Snacks Market, by Brands, 2024
Table India – Population (Millions) and Forecast
Table India – Consumer Price Index (CPI) and Forecast
Table India – Gross Domestic Product and Forecast
Table India Snacks Market: Spend as a Proportion of GDP (%)
Table India Snacks Market: Consumption per Capita (Population)

Companies Mentioned

Anmol Industries Limited
Balaji Wafers Pvt. Ltd.
Bikaji Foods Pvt. Ltd.
Bikanervala Foods Pvt. Ltd.
Britannia Industries Ltd.
Conagra Brands, Inc.
Dairy Classic Ice Creams Pvt. Ltd.
DFM Foods Ltd.
Dharampal Satyapal Group (DS Group)
Ferrero International S.A.
Gujarat Co-operative Milk Marketing Federation Limited (GCMMF)
Haldiram Bhujiawala Ltd.
Haldiram Foods International Pvt. Ltd.
Haldiram Snacks Pvt. Ltd.
Happilo International Pvt. Ltd.
Hatsun Agro Product Ltd.
ITC Limited
Laxmi Snacks Pvt. Ltd.
Lotte Corporation
Mars, Incorporated
Modern Baking Co.
Mondelez International Inc.
Mrs. Bectors Food Specialities Ltd.
Nabati Group
National Dairy Development Board (NDDB)
Nestle S.A.
Parle Products Pvt. Ltd.
PepsiCo, Inc.
Perfetti Van Melle Group
Prataap Snacks Pvt. Ltd.
PT. Mayora Indah, Tbk
Ravi Foods Pvt. Ltd.
RJ Corporation
Saj Industries Pvt. Ltd.
SM Foods Ltd.
Surya Food & Agro Pvt. Ltd.
The Procter & Gamble Company (P&G)
Unilever PLC
Vadilal Industries Ltd.