INDIAN BISCUIT INDUSTRY AT A GLANCE IN 2021 - 2022
According to a Research Report , Indian Biscuit market revenue size is projected to grow at a CAGR of 9.0% during 2021-2027. The demand for biscuit would increase on account of increasing demand for healthy and nutritional ready-to-eat food.
Companies such as Parle Products Pvt. Ltd., Britannia Industries, ITC Limited, Mondelez India Foods Pvt. Ltd., Surya Food & Agro Ltd., Anmol Biscuits Ltd., SAJ FOOD PRODUCTS (P) LTD, UNIBIC Foods
India Pvt. Ltd., Dukes Products India Limited, and Mrs Bector Food Specialities ltd., Patanjali, Dukes, Horlicks, Karachi Bakery are the leading players in the India biscuits industry.
The India chocolate market reached a value of US$ 2.2 Billion in 2021. The Indian Chocolate Industry is predicted to reach US$ 3.8 Billion by 2027, exhibiting a CAGR of 9.1% during 2022-2027.
Major Industry Drivers• Rising young Population
• Changing lifestyles
• Westernisation
• Massive growth in the food industry
The Indian chocolate market is projected to register a CAGR of 8.12% during the forecast period (2022-2027).
