India Biscuit Market to Grow with a CAGR of 9.61% through 2030F
The India biscuit market is
evolving with changing consumer preferences, health-conscious trends, diverse
flavors, and innovative offerings, reflecting a dynamic and competitive
industry landscape.
According
to TechSci Research report, “India Biscuit Market – By Region, Competition, Forecast and Opportunities, 2020-2030F”, India
Biscuit Market was valued at USD 5.05 Billion in 2024 and is expected to reach
USD 8.72 Billion by 2030 with a CAGR of 9.61% during the forecast period. The India Biscuit Market has evolved into a highly dynamic and competitive
sector, driven by a combination of factors such as changing consumer
preferences, increased disposable incomes, and a growing demand for convenient
snack options. Biscuits, a staple in Indian households, have witnessed a shift
from basic, affordable varieties to more premium, health-conscious options. The
market is marked by a blend of traditional flavors, innovative formulations,
and a surge in the demand for healthier variants such as gluten-free, organic,
and low-calorie biscuits. This trend reflects the increasing awareness among
consumers about the nutritional value of the food they consume. The market is
further fueled by the rise of e-commerce platforms, which have created new
distribution channels and improved accessibility to consumers across urban and
rural regions.
The most significant drivers of the
India Biscuit Market is the country’s rapidly growing urban population. With
more people migrating to urban areas for work, there has been a surge in the
demand for ready-to-eat and convenient snack foods. Biscuits have become a
preferred snack due to their affordability, portability, and long shelf life.
This trend is especially evident in metropolitan cities, where busy
professionals, students, and working women are increasingly seeking quick,
easy-to-consume snacks. Additionally, the penetration of modern retail formats,
such as supermarkets and hypermarkets, along with the expanding reach of online
retail, has increased the accessibility and visibility of various biscuit
brands, leading to heightened demand.
Consumer preference in the India Biscuit
Market is shifting towards more specialized products. As consumers become more
health-conscious, they are increasingly opting for biscuits that cater to their
nutritional needs. This includes low-calorie, sugar-free, gluten-free, and
high-fiber varieties, which are being marketed as healthier snack options.
Moreover, there is a growing inclination towards organic biscuits, as consumers
seek out products that are free from preservatives, artificial flavors, and colors.
This trend is particularly popular among urban, health-conscious individuals
who are more aware of the impact of their food choices on their well-being.
Manufacturers are capitalizing on this shift by introducing products that
combine convenience with nutritional value, providing a compelling alternative
to traditional snacks.
The rise of e-commerce has been a
game-changer for the India Biscuit Market. Online platforms like Amazon,
Flipkart, and BigBasket have opened up new channels for biscuit sales, making
it easier for consumers in both urban and rural areas to purchase their
favorite brands. This has allowed brands to tap into previously underserved
markets and cater to the growing demand for convenience and doorstep delivery.
The digital shift also enables manufacturers to collect valuable consumer data,
allowing for more targeted marketing and product development. As internet
penetration continues to rise in India, online shopping is expected to play an
increasingly important role in the growth of the biscuit sector. Additionally,
online retail offers better transparency in terms of product availability,
pricing, and promotions, further enhancing the consumer experience.
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"India Biscuit Market”
The India
Biscuit Market is segmented into product type, packaging, sales channel and
region.
Based
on packaging, Cans/Jars was the fastest-growing
packaging segment in the India Biscuit Market due to their ability to offer
superior product protection, convenience, and reusability. These packaging
formats are gaining popularity, particularly in the premium biscuit segment,
where consumers seek high-quality, fresh products. Cans and jars also cater to
the growing demand for eco-friendly, sustainable packaging options, appealing
to environmentally conscious buyers. Moreover, they provide better storage and
longer shelf life, making them ideal for biscuits that are marketed as gourmet
or health-focused. This shift reflects changing consumer preferences towards
more durable and aesthetically appealing packaging.
Based
on region, West region of India was the fastest-growing segment in the Biscuit
Market, driven by rapid urbanization, increasing disposable incomes, and
changing consumer preferences. Major cities like Mumbai, Ahmedabad, and Pune
are witnessing a surge in demand for both traditional and premium biscuit
varieties, with health-conscious and convenience-seeking consumers driving
growth. The region also benefits from well-established distribution networks,
which have expanded the reach of major biscuit brands. Moreover, the growing
preference for online shopping in the West has further fueled market growth,
allowing consumers to access a diverse range of biscuit products across various
price points.
Major companies
operating in India Biscuit Market are:
- Britannia
Industries Ltd.
- Parle Products Pvt. Ltd.
- ITC Limited
- Mondelez India Foods Private Limited
- Surya Food & Agro Ltd.
- Anmol Biscuit Ltd.
- SAJ Food Products (P) Ltd
- UNIBIC Foods India Pvt. Ltd.
- Dukes Products India Limited
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“The India Biscuit Market is experiencing
robust growth, driven by urbanization, changing consumer preferences, and an
evolving retail landscape. The shift towards healthier snack options, coupled
with the increasing demand for convenient, affordable, and nutritious products,
presents opportunities for manufacturers to innovate and cater to a wide range
of consumer needs. While plain biscuits continue to dominate the market,
premium and specialized varieties are rapidly gaining traction as consumers
seek more diverse and health-conscious alternatives. With intense competition
among established brands and the rise of e-commerce, the market is expected to
continue evolving, offering exciting opportunities for both existing players
and new entrants in the industry” said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based management consulting firm.
“India Biscuit Market, By Product Type (Plain Biscuit, Cookies, Sandwiched Biscuit, Crackers, Others), By Packaging (Pouches/Packets, Boxes, Cans/Jars, Others), By Sales Channel (Supermarkets/ Hypermarkets, Convenience Stores, Specialty Stores, Online, and Others (Departmental Stores)), By Region, Competition, Forecast and Opportunities, 2020-2030F”,
has evaluated the future growth potential of India Biscuit Market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and opportunities
in the India Biscuit Market.
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