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India Dry Cakes and Cookies Market to Grow at a CAGR of 11% During 2022-2027, Aided by the Availability of a Wide Variety of Dry Cakes and Cookies

According to a new report by EMR titled, ‘India Dry Cakes and Cookies Market Report and Forecast 2022-2027’, the market is expected to grow at a CAGR of 11% in the forecast period of 2022-2027.

The India dry cakes and cookies industry is being driven by the growing investments by the leading market players in the development of healthy and easy to digest cookies and dry cakes. This can be attributed to the growing consciousness among consumers pertaining to health and fitness. Additionally, the adoption of improved packaging solutions by the leading manufacturers is further boosting the shelf-life of the product, which is anticipated to add to its popularity in the forecast period, especially among the millennial and working population. Furthermore, the demand for premium quality products, fuelled by the rising disposable incomes, is projected to propel the market growth in the coming years.

Nowadays, consumers are increasingly engaging in online shopping, as e-commerce platforms offer a convenient shopping experience through mobile apps with the option of timely home delivery. For instance, Amazon (NASDAQ: AMZN) offers a wide range of cookies and dry cakes at different price points. This can be associated with the growing penetration of internet facilities and digital devices among consumers. In addition, the increased consumer demand for ready to consume food products such as cookies, dry cakes, and others is projected to enhance the online sales of the product in the forecast period.

Market Breakup by Pack Size, Size, Enterprise Size, and Region:

  • The India cookies industry is divided, based on pack size, into upto 100 g, 100 g to 250 g, 250 g to 500 g, 500 g to 900 g, and above 900 g.
  • On the basis of size, the India dry cakes industry can be distributed into 200 g to 300 g, 300 g to 500 g, and above 500 g.
  • Based on enterprise size, the industry is segregated into SMEs and large enterprises.
  • Region-wise, the India market for dry cakes and cookies can be divided into Maharashtra, Tamil Nadu, Uttar Pradesh, Gujarat, Karnataka, West Bengal, Rajasthan, Andhra Pradesh, Telangana, Madhya Pradesh, Kerala, Delhi, Haryana, Bihar, Punjab, Odisha, Assam, Chhattisgarh, Jharkhand, Uttarakhand, and others.

Key Findings of the Report:

  • The India market for dry cakes and cookies is being driven by the growing investments by the leading manufacturers to innovate healthy and easy to digest cookies and dry cakes.
  • The availability of a wide variety of dry cakes and cookies through online platforms have significantly contributed to the market expansion.
  • The heightened demand for ready-to-consume foods, especially among the working population, is also aiding the industry growth.
  • The rising disposable incomes and improved living standards of people are further propelling the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the India market for dry cakes and cookies for the periods (2017-2021) and (2022-2027).
  • The report also offers historical (2017-2021) and forecast (2022-2027) market information for the pack sizes, sizes, enterprise size, and major regions of dry cakes and cookies.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the India dry cakes and cookies market are Parle Products Pvt. Ltd., Britannia Industries Limited, Anmol Industries Ltd., SAJ Food Products (P) Ltd, ITC Limited, Monginis Food Pvt Ltd, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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