Namkeen Market in India 2023-2027
The analyst has been monitoring the namkeen market in India and is forecast to grow by USD 3162.26 mn during 2022-2027, accelerating at a CAGR of 8.42% during the forecast period. Our report on the namkeen market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising retail space in tier-ii and tier-III cities of India, evolving taste preferences, and growing preference for savory snacks.
The namkeen market in India is segmented as below:
• Indian and ethnic snacks
• Western snacks
By Distribution Channel
This study identifies the growth of online retailing as one of the prime reasons driving the namkeen market growth during the next few years. Also, increasing spending on healthy snacks and rising in strategic partnership and recent development will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the namkeen market in India covers the following areas:
• Namkeen market sizing
• Namkeen market forecast
• Namkeen market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading namkeen market vendors that include Ashok Masale, Babaji Snacks Pvt. Ltd., Balaji Wafers Pvt. Ltd., Bikaji Foods International Ltd., Bikanervala Foods Pvt. Ltd, Bikharam Chandmal, Desai Brothers Ltd., Gopal Snacks Pvt. Ltd, Haldiram Foods International Pvt. Ltd, ITC Ltd., JABSONS COTTONSEED IND. PVT. LTD., Maa Laxmi Namkeen, Maxvita Foods Pvt. Ltd., Parle Products Pvt. Ltd., Patanjali Ayurved Ltd., Prakash Namkeen Udyog, Prataap Snacks Ltd., Priniti Foods Pvt Ltd, Shri Ajab Foods Pvt Ltd., and Sonal Foods. Also, the namkeen market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.