#indian extruded snacks market sector
Explore tagged Tumblr posts
Text
BOPET and BOPP Films Manufacturer
Introduction
BOPET (Biaxially Oriented Polyethylene Terephthalate) and BOPP (Biaxially Oriented Polypropylene) films are two of the most widely used flexible packaging materials in various industries, from food to electronics. Their unique properties, such as durability, transparency, and barrier performance, make them essential in packaging solutions. This article delves into the manufacturing processes of BOPET and BOPP films, the key players in the market, and the future of these vital materials.
The Significance of BOPET and BOPP Films
BOPET Films: BOPET films are known for their excellent mechanical properties, high tensile strength, and resistance to moisture, chemicals, and UV radiation. These attributes make BOPET ideal for applications in food packaging, electrical insulation, and medical supplies. The film is also appreciated for its clarity and gloss, enhancing product visibility on retail shelves.
BOPP Films: BOPP films are recognized for their lightweight nature, excellent barrier properties, and thermal stability. They are commonly used in packaging snacks, confectionery, and personal care products. BOPP films are also widely used in labeling and as a substrate for printing, thanks to their good surface properties.
Manufacturing Processes
The production of BOPET and BOPP films involves several steps:
Resin Production: BOPET is made from polyethylene terephthalate (PET) resin, while BOPP is produced from polypropylene resin. Both types of resin undergo polymerization to create the base material.
Film Extrusion: The resin is melted and extruded into a film. This initial film is typically thick and requires further processing.
Biaxial Orientation: The film is stretched in both the machine direction and the transverse direction. This biaxial orientation enhances the film’s strength, clarity, and barrier properties.
Heat Setting: After orientation, the films undergo heat setting to stabilize their dimensions and improve thermal properties.
Surface Treatment: Many manufacturers apply surface treatments to improve adhesion for printing or lamination, making the films suitable for a variety of applications.
Challenges in the Industry
The BOPET and BOPP film manufacturing sector faces several challenges:
Environmental Concerns: The production and disposal of plastic films contribute to environmental pollution. Manufacturers are increasingly focusing on developing recyclable and biodegradable alternatives.
Raw Material Costs: Fluctuations in the prices of petrochemical-based raw materials can impact production costs and profitability.
Competition: The global market for flexible packaging is competitive, with manufacturers needing to continuously innovate to maintain market share.
Future Outlook
The future of BOPET and BOPP films looks promising, driven by several trends:
Sustainability: As consumer awareness of environmental issues grows, manufacturers are investing in sustainable practices, including recycling initiatives and the development of bio-based films.
Technological Advancements: Innovations in production technology are expected to improve the performance of BOPET and BOPP films, making them suitable for even more specialized applications.
Market Growth: The demand for flexible packaging is expected to rise, particularly in emerging markets, driven by the growth of e-commerce and the need for convenient, ready-to-eat food products.
Conclusion
BOPET and BOPP films are indispensable components of modern packaging solutions, offering a unique combination of properties that cater to a wide range of industries. With a robust manufacturing base and a commitment to innovation, Indian manufacturers are well-positioned to meet the growing global demand for these films. As the industry navigates challenges and embraces sustainable practices, the future of BOPET and BOPP films appears bright, promising new opportunities for manufacturers and consumers alike.
0 notes
Text
India Extruded Snacks Market Forecast & Opportunities, 2024
Market Reports on India Provides the Trending Market Research Report on ”India Extruded Snacks Market, By Product Type (Rice Extruded Snacks, Corn Extruded Snacks, Wheat Extruded Snacks and Others), By Distribution Channel (Traditional Grocery Stores, Supermarkets/Hypermarkets, Convenience Stores, Online, and Others), By Region, By Company, Competition, Forecast & Opportunities, 2024” under Food category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Extruded Snack Market In India expected to grow at a CAGR of 15% during the forecast period on account of rising per capita income, growing youth population, increasing urbanization, introduction of smaller packs and competitive pricing by the market leaders. Additionally, introduction of regional flavors by leading players is also boosting the extruded snacks market in the country. Moreover, busy work schedules (especially of the urban population) coupled with growing youth population is further fostering the demand for extruded snacks in the country.
India extruded snacks market can be segmented based on product type, distribution channel, company and region. Based on product type, the India extruded snacks market can be categorized into rice extruded snacks, corn extruded snacks, wheat extruded snacks and others. The rice extruded snacks is expected to witness the fastest growth during the forecast period since it holds the major part of market share on account of their huge popularity and consumer preference. Additionally, the strong marketing of the rice based extruded snacks such as Kurkure, Tedhe Medhe, Taka Tak, among others by the major players such as PepsiCo, ITC, and Haldirams, further propels the market.
Request a free sample copy of India Extruded Snacks Market Report @
http://www.marketreportsonindia.com/marketreports/sample/reports/1861168 The Northern region dominates the country’s extruded snacks market in 2018, and is expected to maintain its dominance during the forecast period. Some of the major players operating in the Indian Extruded Snacks Market are PepsiCo, ITC, Prataap Snacks, DFM Foods, Haldirams, among others.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
Objective of the Study:
• To analyze and forecast the market size of the India extruded snacks market
• To classify and forecast the India extruded snacks Market based on product type, by distribution channel, regional distribution, and company
• To identify drivers and challenges for the India extruded snacks Market
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the India extruded snacks Market
• To conduct pricing analysis for the India extruded snacks Market
• To identify and analyze the profile of leading players involved in the India extruded snacks Market
Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of manufacturers across the globe. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the manufacturers which could not be identified due to the limitations of secondary research. Our Research analyzed the service offerings, distribution channels and presence of all major manufacturers across the globe.
Our Research calculated the market size of India extruded snacks market using a bottom-up approach, wherein data for various applications across various end-user segments was recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research.
Key Target Audience:
• Extruded snacks manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulatory authorities and policy makers
• Organizations, forums and alliances related to extruded snacks market
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end-users, etc. besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the India extruded snacks market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Market, By Product Type
Rice Extruded Snacks
Corn Extruded Snacks
Wheat Extruded Snacks
Other Extruded Snacks
• Market, By Distribution Channel
Traditional Grocery Stores
Supermarkets/Hypermarkets
Convenience Stores
Online
Others
• Market, By Region:
North
West
East
South
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the India extruded snacks market.
Available Customizations
With the given market data, Our Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
• Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
• Profit margin analysis in case of direct and indirect sales channel.
Browse our full report with Table of Contents :
http://www.marketreportsonindia.com/marketreports/india-extruded-snacks-market-by-product-type-rice-extruded-snacks-corn-extruded-snacks-wheat-extruded-snacks-and-oth/1861168 About Market Reports on India:
Market Reports on India is an excellent source to obtain top quality market research reports that helps you to understand the business in the Indian market. We cover various industries, identifying and understanding key macro and micro-economic trends, insights and futuristic growth opportunities. To help achieve all this and more, Market Reports on India is the answer to all your business needs.
Contact us at:
Market Reports on India
Tel: +91 22 27810772 / 27810773
Email: [email protected]
Website: www.marketreportsonindia.com Follow us on : Twitter, Facebook, LinkedIn
#extruded snacks market#extruded snacks market industry#indian extruded snacks market sector#extruded snacks market report
1 note
·
View note
Text
India Snacks Market Share, Size, Forecast by 2026
The snacks industry of India is the most promising and booming segment of the FMCG category. Consumers always prefer healthier and flavorful options in the food market. Besides, snacks are more popular with the younger generation, and India has one of the world's highest numbers of younger population. There is a rise in demand for snacks in India; it is driving the companies to grow and operate in this segment lucratively. According to Renub Research latest report, the India Snacks Market is expected to reach US$ 23.36 Billion by 2026.
The packed snacks such as instant and ready-to-cook snacking food items act as the primary growth drivers for the snacks industry in India. The consumption of package snacks is growing in India due to hygienic factors, easy availability, numerous choices, and a rise in its citizens' personal disposable income. Our study suggests that the Indian Snacks Market size is expected to grow with a double-digit CAGR of 13.24% from 2020 to 2026.
Millennial and Gen-Zs population are considered a big market by FMCG companies for its snacks segment. Since Millennial and Gen-Zs population are more inclined towards the junk food. However, this trend is also changing slowly with the introduction of organic nutrient snacks in the Indian market. These snacks are considered a bit healthier compared to regular snacks because of qualities like low calorie and constituting less oil; thus, huge Indian masses prefer them. The market of snack food in India is valued to US$ 11.08 Billion in 2020.
Products such as Extruded Snacks, Chips, Namkeen are famous among different consumer’s base, age group, and monthly income. India has different types of traditions, culture and food; that’s why snacks tastes differ from region to region in India. For example, in western India, states like Gujrat & Maharashtra, snacks like Fafda, khakhra, Dhokla, Bhelpuri are popular. Similarly, banana chips are being loved in Southern India. In the middle and northern India, potato chips are popular.
Brands like Pratap Snacks, Balaji Wafers, DFM Foods, Bikanervala, Haldirams and PepsiCo in India are the key players in the India Snacks Market. Further, they are continuously capitalizing on the opportunity through their product offerings, bringing the goodness of healthy food items to Indian consumers in different formats suited to the lifestyle of the Indians as per their choice. Moreover, in India, many unorganised players working into the markets play a major role in the snacks market's growth.
Among many lifestyle changes, the COVID-19 induced lockdown also influenced snacking habits in India. As consumers were confined to homes and were anxious, so the ready-to-eat savouries became their instant companions, offering gratification as well as a sense of contentment to them. When most economic sectors were adversely hit, the lifestyle changes positively impacted the snacks market in India.
Why Snacks are Popular
Snack provides Instant Gratification from Hunger: Snacks that aid the immediate work pressures while offers mental stimulus. Currently, as work from home presumably obliges more productivity and turnarounds, snacks provide instant gratification from hunger.
Health Consciousness Trends are on Rise: Even amidst the ongoing pandemic, people have become more health-conscious, encouraging them towards healthier snacking choices. Also, the snack companies are making more sugar-free and immunity-strengthening snacks by adding a nutritional preference to their commodities; subscription-based healthy snack boxes also are on the surge.
Renub Research study titled “India Snacks Market Forecast By Sector (Organized & Unorganized), Snacks (Extruded Snacks, Chips, Namkeen, Others), Region(North India, West India, East India, South India) Companies (Prataap Snacks Ltd, DFM Foods Ltd, PepsiCo India, ITC Limited, Britannia Industries, Balaji Wafer Pvt. Ltd., Haldiram’s Snacks Pvt. Ltd., Bikanervala Foods Pvt. Ltd.)” provides a comprehensive assessment of the fast-evolving, high-growth India snacks Market
Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=india-snacks-market-forecast-organized-unorganized-companies-consumer-survey-p.php
Sector – Market breakup from two viewpoints
• Organized Snacks • Un-Organized Snacks
Extruded Snacks - Market breakup from two viewpoints
• Organized Extruded Snacks • Un-Organized Extruded Snacks
Chips - Market breakup from two viewpoints
• Organized Chips • Un-Organized Chips
Namkeens - Market breakup from two viewpoints
• Organized Namkeen • Un-Organized Chips
Other Snacks - Market breakup from two viewpoints
• Organized Other Snacks • Un-Organized Other Snacks
Region - Market breakup from four viewpoints
1. North India 2. West India 3. East India 4. South India
All companies in this report have been covered with three viewpoints:
1. Company Overview 2. Company Strategy 3. Company Snacks Sales
Company Analysis:
1. Prataap Snacks Ltd 2. DFM Foods Ltd 3. PepsiCo India 4. ITC Limited 5. Britannia Industries 6. Balaji Wafer Pvt. Ltd. 7. Haldiram’s Snacks Pvt. Ltd. 8. Bikanervala Foods Pvt. Ltd.
About the Company:
Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.
Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets.
Contact Us: Renub Research Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research
#india snacks market#north india snacks market#east india snacks market#west india snacks market#south india snacks market#india chips market#india numkeen market#india snacks market size#india snacks market share#india snacks market report#market research reports
0 notes
Text
Global Savory Snacks Market Size & Growth Analysis Report 2026
Global Savory Snacks Marketis estimated to exceed $152.3 billion in 2027, by growing at a CAGR of 6.7% during the forecast period (2021-2027). The snack food industry has performed well over the past few years, benefiting from the growing demand for snacks among consumers and favorable product pricing. The changing lifestyles and increasing purchasing power of the consumers have been the major factors surging demand for convenience foods, which is expected to increase at a brisk rate during the forecast period, compared to the last few years. But, due to the pandemic, individuals will likely prefer to stay at home and eat there only, which will induce the growth of the market. There were supply chain disruptions across a majority of companies. However, the local companies somehow managed to reach out to the customers. An increase in snacking at homes is expected to increase due to new normal such as ‘Work from Home’.
(Get 15% Discount on Buying this Report)
Get Report Sample Copy @ https://www.omrglobal.com/request-sample/savory-snacks-market
Growing Demand for Savory Snacks
There has been extreme growth in e-commerce food and grocery retailing, with governments pushing its use and consumers switching to comply with social distancing/quarantine or to secure groceries that they cannot be sure will be available in store. Retailers are believing that the change will hold once restrictions are lifted, with many expanding their operations. Before the outbreak, e-commerce was the channel with the fastest growth rate; this forced acceleration could result in a paradigm shift in some markets. The closure of non-essential retail outlets and a temporary disruption in supply chains has shifted many sales online, with e-commerce accelerating dramatically and an end to malls insight. All companies will seek new routes to consumers, although issues with lengthy delivery dates and availability along with a desire to recreate the live experience will drive store footfall longer term.
A Full Report of Global Savory Snacks Market is Available at: https://www.omrglobal.com/industry-reports/savory-snacks-market
Further, beverage players are seeking new routes to consumers, including direct-to-consumer (D2C), traditionally the preserve of start-up brands. For instance, PepsiCo has been quick off the mark to launch a D2C website (www.pantryshop.com) to meet consumers’ food and beverage needs directly. The company supplemented this with www.snacks.com, a site dedicated solely to snacks, with the ability for consumers to create so-called “snack packs”.
Scope of the Global Savory Snacks Market
Market Coverage
The market number available - 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered- By Product Type and Distribution Channel
Regions Covered- North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World (the Middle East and Africa, Latin America)
Competitive Landscape- Pepsico Inc, General Mills Inc., Kellogg Company, The Kraft Heinz Co., Conagra Brands Inc.
Recent Strategic Initiatives in the Global Savory Snacks Market
In May 2020, Herr Foods Inc. declared the launch of Herr’s Flavor Mix, a new snack concept featuring two potato chip flavors in one chip. Each 9-oz bag of the limited-time-only offering contains a combination of two best-selling Herr’s potato chip flavors. Varieties include cheddar and sour cream and onion; barbecue and salt and vinegar; and red hot and honey barbecue.
In November 2019, Haldiram's has ventured into the US e-commerce market with Amazon's Global Selling Program. This initiative will support Haldiram's to expand and enhance its penetration into the US market. As some Indians settled globally, there is an emerging demand for snacks that remind them of India. This collaboration with Amazon's Global Selling Program will enable Haldiram's to direct access to the American market.
Global Savory Snacks Market-Segmentation
By Product
Extruded Snacks
Potato Chips
Nuts & Seeds
Meat Snacks
Popcorn
Others
By Distribution Channel
Conventional Stores (Offline)
Online Retail
Global Savory Snacks Market– Segment by Country
North America
United States
Canada
Europe
Uk
Germany
France
Spain
The Netherlands
Poland
Ukraine
Russia
Romania
Rest of Europe
Asia-Pacific
China
India
Australia
Thailand
Vietnam
Philippines
Pakistan
Rest Of Asia Pacific
Rest of the World
Latin America
Mexico
Brazil
Colombia
Middle East & Africa
Egypt
Saudi Arabia
South Africa
Turkey
Other Countries in Rest of the World
Company Profiles
Balaji Wafers Pvt. Ltd.
Calbee Inc.
Campbell Soup Co.
Conagra Brands, Inc.
General Mills, Inc.
ITC Ltd.
Intersnack Group Gmbh & Co. Kg
Mondelez International Inc.
Pepsico, Inc.
The Kraft Heinz Co.
Kellogg Co.
Arca Continental S.A.B. De C.V.
Blue Diamond Growers
Haldiram Foods International Pvt Ltd.
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/savory-snacks-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: [email protected] Contact no: +91 780-304-0404
0 notes
Text
How to choose your perfect food marketing agency | fmtmagazine
Trying to choose a food marketing agency to develop your brand or deliver creative work can be a daunting task.
Food coating is love expressed for food, visible to us. Foods contain basic flavour, but coating can serve to improve the taste, texture and flavour of food products. Coating is an industrial process which involves the application of liquids and powders on the surface of food products. (Food Marketing Agency) This is a complex process; food products are sensitive in nature and, thus, need mild treatment and proper processing as deterioration in the form of water loss and enzymatic action due to physical, chemical and other biological reasons can easily take place.
Food coating has taken on a whole new meaning in the age of globalisation and social media. Food around the world is getting trendier day by day, as people are demanding adventure and novelty in their food choices much like the rest of their life. An increasing number of people are now experimenting with different flavour profiles when it comes to their food. In this fast-paced world where people are unable to find time to stay fit and eat healthily, food coating has provided an easy way to make food healthy without sacrificing on flavour. Food Marketing Agency
Food coating allows for a product to be coated with ingredients or materials which render it more palatable whilst retaining the inherent health benefits of the product. For example, otherwise ordinary tasting salads when coated with flavourful dressing turn into appetizing, new dishes. Similarly, a boring vegetable sandwich when coated with flavoured herbs or mayonnaise sauce becomes delicious whilst still remaining a healthy meal option.
Food coating as a technique and process has, among its many benefits, also made it easier for mothers to feed their toddlers. Toppings and add-ons are some of the types of food coating which are hugely popular with consumers. Food Marketing Agency Food items like pizza, wafers, soups, and even fruit and meat products all require additional flavours and coatings. Despite providing tasty and flavourful comfort food, KFC, Subway, Dunkin Donuts and other fast-food chains still offer customers a variety of toppings to coat their food with.
The food packaging industry has also adapted to this growing trend, introducing new kinds of packaging which ensure that the coated products remain fresh and tasty inside the package. The development of Modifies Atmospheric Packaging (MAP) packaging and Ready-to-Eat & Ready-t0-Serve (RTE & RTS) packs was a direct result of this major shift toward food coating in the food product industry.
While it may sound simple enough, the process of food coating is actually heavily technique-based. The process entails the use of a variety of machinery and equipment like mixers, rollers, hoppers, blenders, etc. to prepare and coat the food product. Scientific processes and phenomena including adhesion, surface tension, friction, velocity and crystallization form the core foundation of the entire process in its myriad variations. Food Marketing Agency
The human tendency to snack has been a major factor which has contributed to the growth and development of the idea of coating. The more flavourful a product is, the more one will snack on it. With a highly competitive food product market, coating has become an industry standard as companies vie to make their products more palatable and boost consumer sales. An example of the above is provided by the flavoured chips market, one of the most consumed type of snack the world over.
Flavoured chips have also been the most experimented on snack item in terms of flavour and coatings. Initially, regular potato chips when consumed tasted bland. Flavours and seasoning were developed as additions to regular chips in an attempt to do away with the greasy taste of oil most associated with chips. Factors considered while seasoning chips include the overall shape and size of the chip; a different coating is applied on thin- and thick-layered slices of chips. The flavour imparted to the product will vary according to the thickness and surface area of the chips.
Today, one can find a variety of snacking chips in the market such as tortillas, corn chips, extruded chips, potato chips with chocolate coating, etc. The major objective of coating the chips is to enhance the organoleptic properties of the chips. Seasoning is a key part of the product formulation process; the most common method to season products is using a drum tumbler. Selection of ingredients for food coating is also integral to the entire process. Food Marketing Agency
This should be done wisely, ensuring that ingredients are of good quality. A proper ingredient selection will determine the final taste as well as cost of the product. Usually, seasoning is added to the product in the dry form. However, methods like spray drying and encapsulation can be used to coat products in liquid form. A new ‘slurry’ concept of coating is used with water as a carrier instead of fats or oils. This method is used to produce starch-based snacks where water is removed during the final stage through the process of drying.
As research and development has progressed in this field, edible films for coatings which protect the food surface from damage have emerged on to the scene. Functional additives like protein based hydrocolloids, lipids, polysaccharides, anti-oxidants, nutraceuticle compounds, antimicrobials, etc., have been developed in recent times. These serve to not only protect the food but also increase the nutrition of the product.
Another point of note is that coating requires the successful adhesion of ingredient to the product. More sophisticated coating processes employ the method of spray-drying or encapsulation of the product to ensure proper adhesion. Products made using these methods last longer than those prepared with seasoning simply sprinkled on top. Food Marketing Agency
Coating is an easy process, but it is crucial to employ the right technique in the process. Maintaining optimum temperature conditions as well as timing are key to the successful completion of the process. Further, selecting the right ingredients is also important. Increasing the shelf-life of a product remains a primary concern in the food industry. Thus, methods developed to make chips or snacks last longer can prove to be extremely crucial for stakeholders within the industry.
Indians have been snacking for centuries, but with the advent of new technology in the last ten years, the food product sector in the country has witnessed tremendous growth. Food Marketing Agency In recent years, nachos and other types of snacks normally found abroad have been introduced in the Indian market; garlic salt and peri-peri seasoning are also now popularly used throughout the country.
In the coming years, more experiments with flavours and coatings are likely to take place as people become more adventurous in their eating habits. This shows that while the market for food products might be slow in growth, it will remain a dynamic industry in terms of product creation and development for years to come.
0 notes
Text
SPECIAL EFFECT MASTERBATCHES MARKET ANALYSIS (2019-2027)
Special effect masterbatches are concentrated mixtures obtained by mixing of colors and additives in a polymer carrier by heat treatment and a high shear mixing extruder. Special effect masterbatches consist of special pigments or fillers, which are used to achieve different visual effects such as metallic, glitter, marble, transparent, fluorescence, glitter, and others. Special effect masterbatches help in adding visual impact, increasing consumer appeal, and providing beneficial features to plastic products. Companies in the market are focusing on product design as well as packaging design differentiation, in order to increase their market share. The need for packaging differentiation has led to increasing importance of finishing effects for plastics, which is increasing demand for special effect masterbatches.
MARKET DYNAMICS
Increasing demand for plastic packaging is expected to drive demand for special effect masterbatches over the forecast period. For instance, according to Federation of Indian Chambers of Commerce and Industry (FICCI), the Indian packaging sector was valued at US$ 31.7 billion in 2015 and is expected grow at a rate of 18% to reach US$ 72.6 billion by 2020.
Increasing demand for plastics from automotive industry to reduce vehicle weight and thereby, improve fuel efficiency is expected to drive demand for special effect masterbatches. Growth of automotive industry is expected to drive growth of the special effect masterbatches growth. For instance, according to China Association of Automobile Manufacturers, over 27 million vehicles were sold in China in 2018. According to the same source, the automobile market in China is expected to reach 30 million units by 2020 and 35 million units by 2025.
When compared to pure pigments, special effect masterbatches require more storage space and its production lead time is longer, which a major factor that restrains growth of the market. Also, the non-biodegradable nature of these special effect masterbatches is expected to hamper the market growth over the forecast period.
MARKET OUTLOOK
Among regions, Europe is expected to be the fastest-growing region in the special effect masterbatches market over the forecast period. Growth of various end-use industries in the region is expected to drive the market growth. For instance, according to European Snacks Association, savory snack market was valued at US$ 19 billion in 2018 and savory snack nut consumption in Europe increased by 76% between 2009 and 2018. According to the same source, Dutch is the biggest consumer of snack nuts in Europe with consumption of 2.9 kg per capita. The growth of food & beverage industry in Europe is expected to drive demand for packaging products, which in turn is expected to drive market growth of special effect masterbatches.
KEY PLAYERS
Major players operating in the special effect masterbatches market include Ampacet Corporation, PolyOne Corporation, Gabriel-Chemie Group, Viba S.p.A., Clariant AG, Americhem Inc., Universal Masterbatch LLP, RTP Company, ColorPlas Polyadditives LLP, and Hampton Colours.
Players operating in the special effect masterbathces market are adopting strategies such as mergers & acquisitions, in order to expand their product portfolio and increase their market presence. For instance, in December 2019, PolyOne Corporation entered into an agreement with Clariant AG to acquire Clariant’s color & additive masterbatch business segment. Clariant’s color & additive masterbatch has 46 manufacturing facilities and technology centers located worldwide and serves various end-use industries including packaging, healthcare, and consumer electronics. The acquisition will help PolyOne Corporation to expand its product portfolio and strengthen its market presence.
MARKET TAXONOMY
On the basis of effect type, the global special effect masterbatches market is segmented into:
Appearance Effects
Functional Effects
Material Effects
Others
Metallic
Edge Glow
Pearlescent
Transparent
Sparkle Mist
Iridescent
Fluorescent
Photo chromatic
Thermo chromatic
Glow-in-the-Dark
Chroma Shift
Stone/Granite/Marble
Tortoise Shell
Wood Grain
On the basis of application, the global special effect masterbatches market is segmented into:
Hygiene & Baby Products
Automotive
Homecare & Household Products
Consumer Appliances
Packaging
Sports & Leisure
Others
Consumer Care
Food & Beverage
Industrial
Others
On the basis of region, the global special effect masterbatches market is segmented into:
Asia Pacific
North America
Europe
South America
Middle East
Africa
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
U.S.
Canada
Mexico
U.K.
Germany
France
Italy
Russia
Rest of the Europe
Brazil
Argentina
Rest of South America
GCC
Israel
Rest of Middle East
North Africa
Central Africa
South Africa
Get free sample report here: https://www.coherentmarketinsights.com/insight/request-sample/3361
Download PDF brochure: https://www.coherentmarketinsights.com/insight/request-pdf/3361
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions.
What we provide:
• Customized Market Research Services
• Industry Analysis Services
• Business Consulting Services
• Market Intelligence Services
• Long term Engagement Model
• Country Specific Analysis
Contact Us:
Mr. Shah
Coherent Market Insights Pvt. Ltd.
Address: 1001 4th ave, #3200 Seattle, WA 98154, U.S.
Phone: +1-206-701-6702
Email: [email protected]
Source: https://www.coherentmarketinsights.com/ongoing-insight/special-effect-masterbatches-market-3361
0 notes
Text
Savory snacks Market Size 2021 | Global Industry Share, Business Boosting Strategies, CAGR Status, Growth Opportunities, and Forecast 2027
Savory snacks are food products that include ingredients of vegetable oil, seeds, nuts, fruits, and vegetables. It has so many flavors such as salty, spices, and many other vegetable flavors. Increasing the consumption among the population and rapid urbanization influences the food and beverage industries of key growth of the market. Snacking product is a leading trend in the food and beverage industry, which is a major key factor to fuel the growth of the global savory snack market.
Market scope and structure analysis:
· Market size available for years
2020–2027
· Base year considered
2019
· Forecast period
2021–2027
· Forecast units
Value ($US)
· Segments covered
Type, End-user, Distributional Channel, and Region.
· Regions covered
North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Italy, Spain and the Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and the Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and the Rest of LAMEA)
· Companies covered
PepsiCo, Kraft Foods, Kellogg, and CALBEE.; ITC Limited.; ConAgra Foods, Diamond Foods, The Hain Celestial Group, General Mills, Arca Continental, and Blue Diamond Growers.
Get a sample of the report @ https://www.alliedmarketresearch.com/request-sample/11733
COVID-19 Scenario Analysis:
During the worldwide pandemic emergency and the uncertain lock-down across the globe, the consumer food & beverage industry witnessed high demand for household food products. A leading manufacturer in the industry is faced with low consumption of its products in the market, due to the closure of supermarkets and other stores and supply chain challenges. The companies are focusing more on modifying their distributional channel system to strengthen the online platform and delivery service.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The growing demand for savory snacks in malls and the multiplex sector during entrainment time and increasing expenditure of people for food items drive the growth of the savory snack market during the forecast period. Moreover, rise in the young population and the presence of trending food practice is a major factor to consume savory snacks in the food and beverage industry. Increases the preference of healthy snack habits in market and consume snacks while traveling alternative of regular meal trend to lead the market to grow in the coming years.
Changing lifestyle of people and consuming savory snacks in the occasion of parties, events and other functions to serve the people with beverage influence the positive impact of the savory snack market.
Request a discount on the report @ https://www.alliedmarketresearch.com/purchase-enquiry/11733
The savory snack market trends are as follows:
New product launches to flourish the market
The leading manufacturer focuses on recent trends and market development regarding the product, consumer taste, and preference will help to come out with a better and innovative product to gain market advantage. Major key players in the market are producing unique products instead of similar products such as less fried, baked, and variety of different flavors according to the region or local market wise to gain the consumer attraction on new products.
Guilt free Industries Ltd, a leading manufacturer of snacks in the Indian market, they developed multigrain chips which are focused on fitness and diet population segment, it has protein, less- calories content and marketed with “baked not fried” strategy is gaining consumer attention in the snack market in a short time.
Regional insights
North America is anticipated to hold the largest market share in terms of revenue growth and value. Increasing awareness of healthy food, snack habits and major players in the world market dominance in this region to pick the market advantage during the forecast period. The Asia-Pacific is expected to the fastest-growing market of the savory snacks market, increasing the usage of online channels and the changing lifestyle of people influence the growing savory snacks market in this region.
To know more about the report @ https://www.alliedmarketresearch.com/savoury-snacks-market-A11368
v Key Segments Covered:
Ø Product type
§ Potato chips
§ Popcorn
§ Nut and Seeds
§ Extruded Snacks
§ Meat Snacks
Ø End-user
§ Roasted
§ Barbeque
§ Spice
§ Others
Ø Distributional channel
Supermarket
§ Convenience store
Specialist store
Online
Key Benefits of the Report:
This study presents the analytical depiction of the savory snacks market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global savory snacks market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global savory snacks market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global savory snacks market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in Savory Snacks Market Research Report:
What are the leading market players active in the savory snacks market?
What the current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact Us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
0 notes
Text
Covid-19 Impact on Snacks Market - India Industry Analysis, Size, Share, Growth, Trends and Forecast
India Snacks Industry
New Study On “2019-2025 Snacks Market India Key Player, Demand, Growth, Opportunities and Analysis Forecast” Added to Wise Guy Reports Database
Market Overview
Indians are snack-loving people and eating snacks is considered to be a habit. Indian snacks are usually chips, namkeens, lightly processed or fried food and lately, ready-to-eat mixes as well. The Indian snack market has undergone a change in recent times with many corporate and multi-national players entering it and locking horns with the regional players. The Indian snacks market has also undergone a change in consumption pattern, which has led to steady growth in sales.
Other factors that have contributed to the growing Indian snack market is the increasing per capita income of the people, with many regional players focusing on creating a brand for themselves by emphasising on their distinctive flavours and also modern lifestyle factors. Indians also have an emotional connection with eating snacks, and this factor will continue to drive the market towards growth even in the future.
Try Sample of India Snacks Market @ https://www.wiseguyreports.com/sample-request/2790218-india-snacks-market-forecast-by-organized-unorganized-by-snacks-extruded
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Segmentation
The Indian snacks market has been divided based on the organisation as well as the industry segment.
Based on the organisation, the market can be segmented into:
Organised Sector Unorganised Sector
Based on the industry segment, the Indian snack market can be divided into:
Extruded Snacks Namkeens Chips Other Snacks
Among these four segments, namkeens have the largest market share, followed by extruded snacks, chips, and others.
PepsiCo India is a Leading Player in the India Snacks Market
Pratap Snacks, Balaji Wafers, DFM Foods, Bikanervala, Haldirams and PepsiCo India are some of the most popular snacks companies in the India organized snacks market. PepsiCo India has the highest its market share year compared to other snacks companies present in India.
Regional Analysis
In India, the food habits are different in different parts of the country, and so one can divide the country into four regions – North, South, East and West. Both the organised as well as unorganised players work in these regions with them selling snacks popular to the region in its cities and towns. The local players mainly look to sell their snacks in a particular area, or at the maximum, expand to different cities in the state or region.
The more organised players or snack companies, however, drive their products through the length and breadth of the country, yet trying to maintain region-specificity of snacks sold in a particular region.
Industry News
With a growing health-conscious population, the Indian snacks industry is moving towards healthy snacking. People are now looking for health and nutrition as a part of their snacking experience, and this has led to many healthy snack products being introduced in the market. Many regional, national, and international players are now replacing their fried snack products with baked variants to appease the weight-conscious consumer.
For Detailed Reading Please visit WiseGuy Reports @ https://www.wiseguyreports.com/reports/2790218-india-snacks-market-forecast-by-organized-unorganized-by-snacks-extruded
For more information or any query mail at [email protected]
Norah Trent WISEGUY RESEARCH CONSULTANTS PVT LTD 08411985042
NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
0 notes
Text
Global Plastics Market Size & Growth Analysis Report 2026
Global Savory Snacks Marketis estimated to exceed $152.3 billion in 2027, by growing at a CAGR of 6.7% during the forecast period (2021-2027). The snack food industry has performed well over the past few years, benefiting from the growing demand for snacks among consumers and favorable product pricing. The changing lifestyles and increasing purchasing power of the consumers have been the major factors surging demand for convenience foods, which is expected to increase at a brisk rate during the forecast period, compared to the last few years. But, due to the pandemic, individuals will likely prefer to stay at home and eat there only, which will induce the growth of the market. There were supply chain disruptions across a majority of companies. However, the local companies somehow managed to reach out to the customers. An increase in snacking at homes is expected to increase due to new normal such as ‘Work from Home’.
(Get 15% Discount on Buying this Report)
Get Report Sample Copy @ https://www.omrglobal.com/request-sample/savory-snacks-market
Growing Demand for Savory Snacks
There has been extreme growth in e-commerce food and grocery retailing, with governments pushing its use and consumers switching to comply with social distancing/quarantine or to secure groceries that they cannot be sure will be available in store. Retailers are believing that the change will hold once restrictions are lifted, with many expanding their operations. Before the outbreak, e-commerce was the channel with the fastest growth rate; this forced acceleration could result in a paradigm shift in some markets. The closure of non-essential retail outlets and a temporary disruption in supply chains has shifted many sales online, with e-commerce accelerating dramatically and an end to malls insight. All companies will seek new routes to consumers, although issues with lengthy delivery dates and availability along with a desire to recreate the live experience will drive store footfall longer term.
A Full Report of Global Savory Snacks Market is Available at: https://www.omrglobal.com/industry-reports/savory-snacks-market
Further, beverage players are seeking new routes to consumers, including direct-to-consumer (D2C), traditionally the preserve of start-up brands. For instance, PepsiCo has been quick off the mark to launch a D2C website (www.pantryshop.com) to meet consumers’ food and beverage needs directly. The company supplemented this with www.snacks.com, a site dedicated solely to snacks, with the ability for consumers to create so-called “snack packs”.
Scope of the Global Savory Snacks Market
Market Coverage
The market number available - 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered- By Product Type and Distribution Channel
Regions Covered- North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World (the Middle East and Africa, Latin America)
Competitive Landscape- Pepsico Inc, General Mills Inc., Kellogg Company, The Kraft Heinz Co., Conagra Brands Inc.
Recent Strategic Initiatives in the Global Savory Snacks Market
In May 2020, Herr Foods Inc. declared the launch of Herr’s Flavor Mix, a new snack concept featuring two potato chip flavors in one chip. Each 9-oz bag of the limited-time-only offering contains a combination of two best-selling Herr’s potato chip flavors. Varieties include cheddar and sour cream and onion; barbecue and salt and vinegar; and red hot and honey barbecue.
In November 2019, Haldiram's has ventured into the US e-commerce market with Amazon's Global Selling Program. This initiative will support Haldiram's to expand and enhance its penetration into the US market. As some Indians settled globally, there is an emerging demand for snacks that remind them of India. This collaboration with Amazon's Global Selling Program will enable Haldiram's to direct access to the American market.
Global Savory Snacks Market-Segmentation
By Product
Extruded Snacks
Potato Chips
Nuts & Seeds
Meat Snacks
Popcorn
Others
By Distribution Channel
Conventional Stores (Offline)
Online Retail
Global Savory Snacks Market– Segment by Country
North America
United States
Canada
Europe
Uk
Germany
France
Spain
The Netherlands
Poland
Ukraine
Russia
Romania
Rest of Europe
Asia-Pacific
China
India
Australia
Thailand
Vietnam
Philippines
Pakistan
Rest Of Asia Pacific
Rest of the World
Latin America
Mexico
Brazil
Colombia
Middle East & Africa
Egypt
Saudi Arabia
South Africa
Turkey
Other Countries in Rest of the World
Company Profiles
Balaji Wafers Pvt. Ltd.
Calbee Inc.
Campbell Soup Co.
Conagra Brands, Inc.
General Mills, Inc.
ITC Ltd.
Intersnack Group Gmbh & Co. Kg
Mondelez International Inc.
Pepsico, Inc.
The Kraft Heinz Co.
Kellogg Co.
Arca Continental S.A.B. De C.V.
Blue Diamond Growers
Haldiram Foods International Pvt Ltd.
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/savory-snacks-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: [email protected] Contact no: +91 780-304-0404
0 notes
Text
Covid-19 Impact on Snacks Market - India Industry Analysis, Size, Share, Growth, Trends and Forecast
India Snacks Industry
New Study On “2019-2025 Snacks Market India Key Player, Demand, Growth, Opportunities and Analysis Forecast” Added to Wise Guy Reports Database
Market Overview
Indians are snack-loving people and eating snacks is considered to be a habit. Indian snacks are usually chips, namkeens, lightly processed or fried food and lately, ready-to-eat mixes as well. The Indian snack market has undergone a change in recent times with many corporate and multi-national players entering it and locking horns with the regional players. The Indian snacks market has also undergone a change in consumption pattern, which has led to steady growth in sales.
Try Sample of India Snacks Market @ https://www.wiseguyreports.com/sample-request/2790218-india-snacks-market-forecast-by-organized-unorganized-by-snacks-extruded
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Other factors that have contributed to the growing Indian snack market is the increasing per capita income of the people, with many regional players focusing on creating a brand for themselves by emphasising on their distinctive flavours and also modern lifestyle factors. Indians also have an emotional connection with eating snacks, and this factor will continue to drive the market towards growth even in the future.
Segmentation
The Indian snacks market has been divided based on the organisation as well as the industry segment.
Based on the organisation, the market can be segmented into:
Organised Sector Unorganised Sector
Based on the industry segment, the Indian snack market can be divided into:
Extruded Snacks Namkeens Chips Other Snacks
Among these four segments, namkeens have the largest market share, followed by extruded snacks, chips, and others.
PepsiCo India is a Leading Player in the India Snacks Market
Pratap Snacks, Balaji Wafers, DFM Foods, Bikanervala, Haldirams and PepsiCo India are some of the most popular snacks companies in the India organized snacks market. PepsiCo India has the highest its market share year compared to other snacks companies present in India.
Regional Analysis
In India, the food habits are different in different parts of the country, and so one can divide the country into four regions – North, South, East and West. Both the organised as well as unorganised players work in these regions with them selling snacks popular to the region in its cities and towns. The local players mainly look to sell their snacks in a particular area, or at the maximum, expand to different cities in the state or region.
The more organised players or snack companies, however, drive their products through the length and breadth of the country, yet trying to maintain region-specificity of snacks sold in a particular region.
Industry News
With a growing health-conscious population, the Indian snacks industry is moving towards healthy snacking. People are now looking for health and nutrition as a part of their snacking experience, and this has led to many healthy snack products being introduced in the market. Many regional, national, and international players are now replacing their fried snack products with baked variants to appease the weight-conscious consumer.
For Detailed Reading Please visit WiseGuy Reports @ https://www.wiseguyreports.com/reports/2790218-india-snacks-market-forecast-by-organized-unorganized-by-snacks-extruded
For more information or any query mail at [email protected]
Norah Trent WISEGUY RESEARCH CONSULTANTS PVT LTD 08411985042
NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
0 notes
Text
Snacks Market - India Industry Analysis, Size, Share, Growth, Trends and Forecast
India Snacks Industry
New Study On “2019-2025 Snacks Market India Key Player, Demand, Growth, Opportunities and Analysis Forecast” Added to Wise Guy Reports Database
Market Overview
Indians are snack-loving people and eating snacks is considered to be a habit. Indian snacks are usually chips, namkeens, lightly processed or fried food and lately, ready-to-eat mixes as well. The Indian snack market has undergone a change in recent times with many corporate and multi-national players entering it and locking horns with the regional players. The Indian snacks market has also undergone a change in consumption pattern, which has led to steady growth in sales.
Other factors that have contributed to the growing Indian snack market is the increasing per capita income of the people, with many regional players focusing on creating a brand for themselves by emphasising on their distinctive flavours and also modern lifestyle factors. Indians also have an emotional connection with eating snacks, and this factor will continue to drive the market towards growth even in the future.
Try Sample of India Snacks Market @ https://www.wiseguyreports.com/sample-request/2790218-india-snacks-market-forecast-by-organized-unorganized-by-snacks-extruded
Segmentation
The Indian snacks market has been divided based on the organisation as well as the industry segment.
Based on the organisation, the market can be segmented into:
Organised Sector Unorganised Sector
Based on the industry segment, the Indian snack market can be divided into:
Extruded Snacks Namkeens Chips Other Snacks
Among these four segments, namkeens have the largest market share, followed by extruded snacks, chips, and others.
PepsiCo India is a Leading Player in the India Snacks Market
Pratap Snacks, Balaji Wafers, DFM Foods, Bikanervala, Haldirams and PepsiCo India are some of the most popular snacks companies in the India organized snacks market. PepsiCo India has the highest its market share year compared to other snacks companies present in India.
Regional Analysis
In India, the food habits are different in different parts of the country, and so one can divide the country into four regions – North, South, East and West. Both the organised as well as unorganised players work in these regions with them selling snacks popular to the region in its cities and towns. The local players mainly look to sell their snacks in a particular area, or at the maximum, expand to different cities in the state or region.
The more organised players or snack companies, however, drive their products through the length and breadth of the country, yet trying to maintain region-specificity of snacks sold in a particular region.
Industry News
With a growing health-conscious population, the Indian snacks industry is moving towards healthy snacking. People are now looking for health and nutrition as a part of their snacking experience, and this has led to many healthy snack products being introduced in the market. Many regional, national, and international players are now replacing their fried snack products with baked variants to appease the weight-conscious consumer.
For Detailed Reading Please visit WiseGuy Reports @ https://www.wiseguyreports.com/reports/2790218-india-snacks-market-forecast-by-organized-unorganized-by-snacks-extruded
For more information or any query mail at [email protected]
NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
0 notes