Indias bakery market is estimated to be worth Rs.16500 crore and it is growing impressively at 7.5 percent per annum.
Biscuits and breads comprise the major segment of India’s bakery industry, accounting for 82 percent of all bakery production in the country. It indicates that though the Indian bakery industry has of late been flooded with fashionable lifestyle products like croissants, muffins, designer cakes and high-end chocolates, it is still predominantly need-based.
Though of imported origin, over the years, breads and biscuits have graduated to become the needs of middle income and even lower middle income households in urban India. Biscuits became an integral part of India’s snacking habits during the latter half of the last century, and today India is the third largest producer of biscuits in the world, with only the US and China ahead of us in this regard. The immense role of biscuits and cookies in time-starved post-modern India’s snacking options cannot be overlooked.Today biscuits have high acceptance in India, across a gamut of socio-economic and demographic profiles and has significant penetration in rural India too. India is the largest biscuit consuming nation in the world. Most of the biscuit and cookie consumption in the country takes place in the east and north India.
Portending Impressive Growth
And the biscuit market in India is only expected to increase in the near future. According to a TechSci Research’s report titled ‘India Biscuit Market by Product Type (Plain Biscuit, Cookie, Sandwich Biscuit, Center Filled Biscuit & Others), By Sales Channel (Supermarket/Hypermarket, Convenience Store & Others), Competition Forecast & Opportunities, 2012 – 2022,’ India’s biscuit market stood at 3.9 billion USD in 2016, and was projected to grow at a CAGR of 11.27 percent in value terms, during 2017-2022, to reach 7.25 billion USD by 2022. The report was published in July 2017.
この記事は Bakery Review の August-September 2018 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Bakery Review の August-September 2018 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
My Approach is Both Strategic and Creative, Aiming to Inspire and Innovate
Ravi Rawat is the newly appointed Assistant Pastry Chef at Sheraton Grand Bengaluru Whitefield Hotel and Convention Center.
The Freezer Aisle Secret: Why Frozen Vegetables Might Be Your New Go-To
We often buy vegetables from local vendors, but how much do we really know about their origin and safety? Fresh produce has long been seen as the pinnacle of healthy eating, but there's a surprising contender: Frozen Vegetables.
Quintessence of Christmas Baking
Most festivals around the world have dedicated foods - easter eggs, Eid sweets or mutton, Holi sweets and Diwali specialities.
Berry Teeming with Health
Cranberries can be described as a group of evergreen dwarf shrubs or trailing vines, going up to 2 metres in length.
The Proof of the Pudding
They say the proof of the pudding is in the eating. Well, this age-old proverb holds true for all things and persons in life, which also includes pudding.
Market for Cookies
Cookies are gaining ground. According to Al Review cookie market which was valued at Rs. 405.29 billion in 2023 was expected to grow at a CAGR of 5.9% from 2024 to 2032. Institute for Industrial Development IID) is of the view that cookies manufacturing is one of the lucrative businesses. It believes that one can make a profit of up to 12-15 per cent. It thus provides an ideal opportunity for an intrepid entrepreneur to venture into this business. Ashok Malkani views different aspects of the industry like its growth potential, challenges faced by the market, and the basic necessities essential for an entrepreneur to enter into this lucrative arena.
Smoothies The Superb Superfood...
Smoothies have become popular over the past decade. Modern smoothie, which is believed to have been invented in the United States, made its way to India through a Smoothie chain in 2016. Hyderabad based, Drunken Monkey, which started in 2016 with its first smoothie bar, now has over 100 stores. One can gauge the popularity of this drink by this fact. Today, India is believed to have about 7000 smoothie bars, cafes and bakeries. The rise of smoothie culture is believed to have been driven by several factors like health awareness, disposable income, convenience, et al. Ashok Malkani delves on various aspects of this drink.
Bakels Launches Renshaw in India
Bakels, a global leader in the bakery ingredients industry, proudly announced the launch of Renshaw in India at a event held at the Bakels Baking Center.
Premium Chocolate Meets Ice Cream
SMOOR, the country's most preferred luxury confectionery brand, has announced its collaboration with Hangyo Ice Creams.
Cothas Coffee Completes 75 Glorious Years
Cothas Coffee, a household name in coffee, completes 75 glorious years of serving the best filter coffee to coffee lovers across Karnataka and India.
