NEW YORK, Oct. 14, 2022 /PRNewswire/ -- The namkeen market in India is expected to grow by USD 2.88 billion during 2021-2026, at a CAGR of 7.73% during the forecast period. The market is driven by the Rising retail space in tier-II and tier-III cities of India. In addition, the is anticipated to boost the growth of the Namkeen Market in India.
Parent Market Analysis
Technavio categorizes the global Namkeen Market in India as a part of the global Packaged Foods & Meats market within the global Consumer Staples market. External factors influencing the parent market's growth potential in the coming years have been thoroughly investigated in our research analysis, to know more about the levels of growth of the Namkeen Market in India throughout the forecast period. Request Free Sample Report.
Namkeen Market in India Value Chain Analysis
The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the internet and direct marketing retail market includes the following core components:
- Inputs
- Inbound logistics
- Operations
- Outbound logistics
- Marketing and sales
- Service
- Support activities
- Innovation
To unlock information about vendor drive costs and customer service, Buy a sample report.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
Major Five Namkeen in India Companies:
- Balaji Wafers Pvt. Ltd.: The company offers a wide range of namkeen such as yumstix, Punjabi tadka, tikha mitha mix, banana wafers, gippi noodles, and many more.
- Bikaji Foods International Ltd.: The company offers a wide range of namkeen such as southern express, fatafat bhelpuri, Mangalore mix, crusty nuts, masala boondi, and many more.
- Bikanervala Foods Pvt. Ltd.: The company offers a wide range of food products such as sweets, cakes, chats, pastries, and snacks.
- Haldiram Foods International Pvt. Ltd: The company offers a wide range of namkeen such as bhujia sev, bhel puri, aloo bhujia, tasty nuts, moong dal, lemon bhel, and many more.
- ITC Ltd.: The company offers namkeen such as Bingo potato chips salted, Bingo potato chips cream and onion, Bingo potato chips masala, and many more.
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Download Free Sample Report.
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Namkeen Market In India Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.73% |
Market growth 2022-2026 |
$2.88 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.42 |
Regional analysis |
India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Balaji Wafers Pvt. Ltd., Bikaji Foods International Ltd., Bikanervala Foods Pvt. Ltd., Haldiram Foods International Pvt. Ltd, ITC Ltd., Kaka Halwai , KIPPS , Parle Products Pvt. Ltd., PepsiCo Inc., and Prataap Snacks Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Offline - Market size and forecast 2021-2026
- Online - Market size and forecast 2021-2026
- Market opportunity by Distribution channel
Market Segmentation by Type
- Market segments
- Comparison by Type
- Indian and ethnic snacks - Market size and forecast 2021-2026
- Western snacks - Market size and forecast 2021-2026
- Market opportunity by Type
Customer landscape
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Balaji Wafers Pvt. Ltd.
- Bikaji Foods International Ltd.
- Bikanervala Foods Pvt. Ltd.
- Haldiram Foods International Pvt. Ltd
- ITC Ltd.
- Kaka Halwai
- KIPPS
- Parle Products Pvt. Ltd.
- PepsiCo Inc.
- Prataap Snacks Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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SOURCE Technavio
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