India Confectionery Market Prospects Discussed by Canadean in Updated Research Study Published at MarketPublishers.com29 Jul 2013 • by Natalie Aster
LONDON – India’s confectionary market is forecast to grow from just over INR 60bn in 2012 to a value of nearly INR 140bn, posting a CAGR of just over 17% during the next five years. The factors driving the sector growth comprise, among others, the country’s mushrooming population, changeable consumer lifestyles, growing income levels, and surging consumer spending.
The chocolate category is likely to keep on dominating the industry, and is predicted to be assessed at close to INR 62bn by end-2017. It is also the most rapidly growing category that is expected to record a CAGR of about 20.5% during 2012-2017. Cadbury India, followed by Nestle, has enjoyed a well-established presence in the Indian chocolate confectionery sector for years. The second largest category, sugar confectionary products, is predicted to be worth around INR 50bn at the end of the forecast period.
Updated research study “The Future of the Confectionery Market in India to 2017” created by Canadean presents the latest granular data on the dynamics of India’s confectionery market.
The study covers historic and forecast product sales segmentation (for both volumes and values) including brand data, and sales by distribution channel, at the product category level; scrutinises the components of change in the marketplace by unveiling historic and future growth patterns including the impact of consumers’ behaviour on total volumes, values, brands chosen and the product types chosen. Additionally, the three leading product categories are investigated, and an extensive market forecast provided in the research.
Key categories discussed in the report include: chocolate, gum, and sugar confectionery.
The Future of the Confectionery Market in India to 2017
Published: July, 2013
Price: US$ 875.00
Other Updated Market Research Reports by Canadean Include:
- The Future of the Skincare Market in France to 2017
- The Future of the Skincare Market in Italy to 2017
- The Future of the Skincare Market in the United Kingdom to 2017
- The Future of the Confectionery Market in China to 2017
- The Future of the Confectionery Market in France to 2017
More updated and new market research reports by the publisher can be found at Canadean page.