Indian confectionery market is an evolving one. With product innovations driving growth with young consumers, there is a demand to expand the product range further. Indian market has several segments like ayurvedic confectioneries – honey based lozenges, digestive mints apart from fruit flavoured candies, chocolates and chewing gums. The industry is growing at 8% with 3200 brands with total market size of INR 56,000 million.
In recent years, India had seen international players & brands like Fruit-tella, and Cofitos, Schogetten from Germany, Ferrero Rocher , Alpenliebe from Perfetti Van Melle. In the chocolate segment, Cadburys is the market leader closely followed by Nestle.
With higher disposable incomes, there is also a rise in demand for premium chocolates where Japan based luxury brand Royce made its debut in India. During festive seasons, the younger generation also tends to gift chocolates instead of dry-fruits also drive sales.
Investment in distribution and promotional activities at store-front will drive sales as confectioneries are always an impulse purchase items.
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List of All Confectionery Manufacturers in India
Abhishek Formulations Pvt Ltd
ADI Nutricons
ADR Foods Pvt Ltd
Advaith Confectioners LLP
Aio Ventures Llp
Al Mela International Pvt Ltd
Alax Bioresearch Pvt Ltd
AMES Food Processors India Pvt Ltd
Annai Foods
