Country Profile: Confectionery Sector in India

2017-07-31
Price :
Published : Jul-2017
No. of Pages : 106

Country Profile: Confectionery Sector in India

Summary

Increasing disposable income of consumers supported by favorable economic condition and expansion of premium products by major players are fuelling growth of the Indian Confectionery sector. Chocolate is the largest market in both value and volume terms and is also forecast to register the fastest growth during 2016-2021, in value terms. Convenience Stores accounted for a leading share in the distribution of Confectionery products in the country. Flexible Packaging is the most commonly used package material in the sector and is also is forecast to register the fastest growth during 2016-2021.

GlobalData’s Country Profile report on the Confectionery sector in India provides insights on high growth markets to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

What else is contained?
– Market data: Overall market value and volume data with growth analysis for 2011-2021.
– Category coverage: Value and growth analysis for Chocolate, Gum, and Sugar Confectionery with inputs on individual category share within each market and the change in their market share forecast for 2016-2021
– Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2016
– Distribution data: Percentage of sales within each market through distribution channels such as Cash & Carries and warehouse Clubs, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers and others
– Packaging data: consumption breakdown for package materials and pack types in each market, in terms of percentage share of number of units sold. Package material data for Glass, Flexible Packaging, Paper & Board, Rigid Plastics, and others; Pack data for: Carton, Film, Bag/Sachet, Tub, Wrapper, Bottle, and Tube.

Scope

– Confectionery sector in India is forecast to grow at 16.6% CAGR in value terms during 2016-2021.
– Per capita consumption of Sugar Confectionery is higher compared to other markets in India.
– Convenience Stores is the largest distribution channel followed by Hypermarkets & Supermarkets.
– Dairy Milk is the leading brand in both value and volume terms in the Indian Confectionery sector.
– Flexible Packaging is the most commonly used package material in the Indian Confectionery sector.

Reasons to buy

– Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
– Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
– Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
– Manufacturers can identify the opportunities to position products with H&W attributes/benefits
– Access the key and most influential consumer trends driving Confectionery products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
– Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion

Filed in: Food & Beverage
Publisher : GlobalData
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