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Report Overview

The India snacks market reached around USD 63.01 Billion in 2024. The market is projected to grow at a CAGR of 4.10% between 2025 and 2034 to reach nearly USD 94.17 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • 39% of Indian consumers snack twice as much on weekends as compared to weekdays, resulting in market growth.
  • Over 70% of consumers read the ingredient label on snacking products to check their nutritional value.
  • Over 90% of consumers are transitioning towards snacks with healthy ingredient labels, leading to launch of healthier snacks.
India Snacks Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 60.53
Market Size 2032 USD Billion 86.90
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 4.10%
CAGR 2024-2032 - Market by Region West India 4.5%
CAGR 2024-2032 - Market by Region North India 4.3%
CAGR 2024-2032 - Market by Type Fruit Snacks 4.6%
CAGR 2024-2032 - Market by Distribution Channel Online Channels 7.0%
2023 Market Share by Region West India 28.8%

India Snacks Market Growth

As per the market analysis, India’s snacking revolution is expected to be fuelled by evolving choices on health and taste made by the nation’s discerning group of empowered snackers. Nearly 67% of the Indian population prefers consuming dry fruits and lotus seeds (makhanas) as their go-to snacks, with the latter being the most popular among the millennials (59%), Gen Z (49%), and Gen X (47%). While the Gen Z and millennials prefer modern flavours such as peri peri, the older generation of consumers prefer classic makhanas prepared using black pepper salt. The India snacks market expansion is also driven by the growing population of health-conscious snackers who seek organic, additive-free products including ingredients like whole grains, nuts, and seeds. This section of the consumer base accounts for 60% of the market share.

While high retail costs pose challenges for many consumers to switch to healthy products, the introduction of cost-effective alternatives is expected to enhance the rate of market development. In addition, nearly 70% of all Indian consumers snack twice a day. The increasing consumption of snacks in India can be attributed to the need for high energy (82%), enhancing mood (84%), and aligning with an individual’s overall fitness goals (82%). Over 80% of all Indian consumers hunt for snacks that cater to their personal requirements. This is expected to create exciting India snacks market opportunities.

Compound Annual Growth Rate

Value in USD Billion

4.1%

2025-2034


India Snacks Market Outlook

*this image is indicative*

Key Trends and Developments

India Snacks Market Trends

As per the regional analysis of youth’s involvement in controlling the family’s snacking decisions, East India leads the country at 40%, followed closely by West India (34%), North India (33%), and South India (32%). In the city of Hyderabad, children influence 33% of all snacking choices for families. Kolkata, Lucknow, and Ahmedabad are some of the leading cities where most snacking decisions are taken by the youth. This is expected to prompt market companies to launch innovative snacking flavours, thereby accelerating the market development.

CAGR 2024-2032 - Market by Region
West India 4.5%
North India 4.3%
East and Central India XX%
South India XX%

India Snacks Industry Segmentation

The EMR’s report titled “India Snacks Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Breakup by Type

  • Bakery Snacks
  • Confectionery Snacks
  • Frozen Snacks
  • Fruit Snacks
  • Others

Breakup by Distribution Channel

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Online Channels
  • Others

Breakup by Region

  • East India
  • West and Central India
  • North India
  • South India

India Snacks Market Share

Based on region, the market is segmented into East India, West and Central India, North India, and South India. West India is projected to dominate the market, representing 29% of the overall market share. Over the forecast period, West India is expected to grow at a CAGR of 4.5% as the involvement of children in determining snacking choices for their families soars.

2023 Market Share by Region
West India 28.8%
North India XX%
East and Central India XX%
South India XX%

Leading Companies in the India Snacks Market

As hygiene becomes an increasingly important snacking consideration for Indian consumers, the demand for packaged snacks is expected to increase significantly. This is expected to favourably impact the sales revenue of India snack market players.

Kellanova

Kellanova was founded in 2023 and is headquartered in Illinois, United States. It is engaged in manufacturing a wide range of snacks, including noodles, and cereals, among others.

ITC limited

ITC limited was founded in 1910 and is headquartered in Kolkata, West Bengal. It is engaged in a wide range of...

Mondelez International Inc.

Mondelez International Inc. was founded in 2012 and is headquartered in the United States. It is the world’s...

LOTTE Corporation

LOTTE Corporation was founded in the 1960s and is headquartered in South Korea. Its LOTTE Wellfood business se...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other major market players are Pepsico, Inc., Parle Products Pvt. Ltd., Nestle S.A., Haldiram's India Pvt Ltd., Britannia Industries Limited, and Mars Incorporated, Inc., among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market reached an approximate value of USD 63.01 Billion.

The India snacks market is projected to grow at a CAGR of 4.10% between 2025 and 2034.

The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 94.17 Billion by 2034.

Key trends aiding the market expansion are introduction of low sugared snacks, increasing demand for baked snacks, and overall rising consumption of various snacks across India.

The different types of snacks in the market are bakery snacks, confectionery snacks, frozen snacks, and fruit snacks, among others.

The different distribution channels in the market are hypermarkets/supermarkets, convenience stores, and online channels, among others.

The key market players are Pepsico, Inc., Mondelez International Inc., Kellanova, Parle Products Pvt. Ltd., Nestle S.A., ITC limited, Lotte Corporation, Haldiram's India Pvt Ltd., Britannia Industries Limited, and Mars Incorporated, Inc., among others.

The regional markets for the used cars include East India, West and Central India, North India, and South India.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Snacks Type
  • Distribution Channel
  • Region
Breakup by Snacks Type
  • Bakery Snacks
  • Confectionery Snacks
  • Frozen Snacks
  • Fruit Snacks
  • Others
Breakup by Distribution Channel
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Online Channels
  • Others
Breakup by Region
  • East India
  • West and Central India
  • North India
  • South India
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Pepsico, Inc.
  • Mondelez International Inc.
  • Kellanova
  • Parle Products Pvt. Ltd.
  • Nestle S.A.
  • ITC limited
  • Lotte Corporation
  • Haldiram's India Pvt Ltd.
  • Britannia Industries Limited
  • Mars Incorporated, Inc.
  • Others

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124