India Sugar Confectionery Market Overview
India Sugar Confectionery Market is estimated to secure a considerable growth in the country with several growth proliferating factors such as rising shift of rural population into urban areas, rapid change in consumers preference, and increasing availability of innovative ranges.
According to 6Wresearch, the India Sugar Confectionery Market size is anticipated to witness a considerable growth during the forecast period 2023-2029. The growth is driven by a rise in the expansion of modern retail outlets like supermarkets, hypermarkets, and convenience stores that offer a spectrum range of sugar confectionery items and make more accessible to consumers.
COVID-19 Influence on the India Sugar Confectionery Market
The pandemic had left a significant impact on the India Sugar Confectionery Market which is a part of the Asia Pacific Sugar Confectionery Market. During the lockdown phase, the market had experienced a slight demand due to the opening of supermarkets and hypermarkets, however, due to travel restrictions, the raw materials supply was disrupted led to a delay in the manufacturing process. Also, the demand for non-essential items, including sugar confectioneries were low due to health concerns. These measures had resulted in less availability of the products, as a result, a decline in the market shares & revenues.
Key Players of the India Sugar Confectionery Market
Various leading players are operating in the market offering a comprehensive range of sugar confectionery items. Some of them are listed below in the list:
- Parle Products Pvt. Ltd.
- Nestlé India
- Perfetti Van Melle
- Lotus Chocolates Company Ltd.
- Mondelez India
- ITC Limited
- Mapro Foods
- Nutrine Confectionery Company Pvt. Ltd.
- Hershey India
Key attractiveness of the report
- COVID-19 Impact on the Market.
- Historical Data Starting from 2019 to 2022.
- 10 Years Market Numbers.
- Base Year: 2022.
- Forecast Data until 2029.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- India Sugar Confectionery Market Overview
- Historical Data of India Sugar Confectionery Market Revenues, By Packaging Types, for the Period 2019-2022
- Market Size & Forecast of India Sugar Confectionery Market Revenues, By Packaging Types, Until 2026
- Historical Data of India Sugar Confectionery Market Revenues, By Distribution Channels, for the Period 2019-2022
- India Sugar Confectionery Market Outlook
- India Sugar Confectionery Market Size & Sugar Confectionery Market Forecast of Revenues, Until 2029
- Historical Data of India Sugar Confectionery Market Revenues, By Types, for the Period 2019-2022
- India Sugar Confectionery Market Forecast
- Historical Data of India Sugar Confectionery Market Revenues for the Period 2019-2022
- Historical Data of India Sugar Confectionery Market Revenues, By Regions, for the Period 2019-2022
- Market Size & Forecast of India Sugar Confectionery Market Revenues, By Regions, Until 2029
- Market Size & Forecast of India Sugar Confectionery Market Revenues, By Types, Until 2029
- Market Drivers and Restraints
- India Sugar Confectionery Market Trends and Industry Life Cycle
- Market Size & Forecast of India Sugar Confectionery Market Revenues, By Distribution Channels, Until 2026
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