The new report by Expert Market Research titled, ‘India Dry Cakes and Cookies Market Report and Forecast 2022-2027’, gives an in-depth analysis of the India dry cakes and cookies market, assessing the market based on its segments like pack sizes, enterprise sizes, and regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators and analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 11%
The India dry cakes and cookies industry is being driven by the growing demand for ready-to-consume goods among consumers. This can be attributed to the rising working population in the country with hectic schedules. In addition, the heightened availability of a wide variety of dry cakes and cookies in the market is also attracting consumer investments, owing to the range of flavours they offer. Furthermore, the growing disposable incomes of the consumers is leading to the increased purchase of premium quality cookies and dry cakes developed in artisanal bakeries. These factors are fuelling the growth of the market.
Industry Definition and Major Segments
Dry cakes and cookies are sweetened bakery products that are popular evening snacks among the consumers, and usually accompany the evening tea. These products come in a variety of flavours, from chocolate to fruity flavours. In addition, new flavour variants are increasingly incorporating healthy ingredients such as sunflower seeds, oats, and chia seeds, among others.
The India cookies industry, on the basis of pack size, can be distributed into:
- Upto 100 g
- 100 g to 250 g
- 250 g to 500 g
- 500 g to 900 g
- Above 900 g
Based on pack size, the India dry cakes industry can be segregated into:
- 200 g to 300 g
- 300 g to 500 g
- Above 500 g
On the basis of enterprise size, the market can be categorised into:
- SMEs
- Large Enterprises
The regional markets for dry cakes and cookies include:
- Maharashtra
- Tamil Nadu
- Uttar Pradesh
- Gujarat
- Karnataka
- West Bengal
- Rajasthan
- Andhra Pradesh
- Telangana
- Madhya Pradesh
- Kerala
- Delhi
- Haryana
- Bihar
- Punjab
- Odisha
- Assam
- Chhattisgarh
- Jharkhand
- Uttarakhand
- Others
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/india-dry-cakes-and-cookies-market
Market Trends
The India dry cakes and cookies industry is being led by growing investments by leading market players in the development of innovative flavours of the products. This can be associated with the growing health consciousness among the consumers, which is leading to the development of healthy and easy to consume cookies and dry cakes. Other factors influencing this trend include rising disposable incomes, rapid urbanisation and improved purchasing power of the consumers. Additionally, the increased availability of dry cakes and cookies across online stores are also expected to add to its overall popularity. These are some of the factors anticipated to augment the industry growth in the coming years.
Key Market Players
The major players in the market are Parle Products Pvt. Ltd., Britannia Industries Limited, Anmol Industries Ltd., SAJ Food Products (P) Ltd, ITC Limited, and Monginis Food Pvt Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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