Product Code: ETC040145 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India candy market import shipment demonstrated a robust growth trajectory with a CAGR of 12.1% from 2020-2024. The growth rate slightly decreased in the last year, recording a 10.3% increase. Overall, the market expanded consistently, showing strong momentum and a positive upward trend during the period.
The India Candy Market is estimated to grow at a CAGR of 7.4% in the forecast period 2025-2031. Increasing population and rising disposable incomes, growing demand for convenience food, changing lifestyle habits are some of the key factors driving the growth of candy market in India. Candies have become an instant source of pleasure and no occasion or celebration is complete without it.
1) Increasing population and rising disposable incomes - Rising disposable income has enabled consumers to indulge themselves with candies as treats that were traditionally considered luxury items due to their higher costs. This has increased the penetration rate of these products among Indian consumers leading to increased sales volume which remains one of the key drivers for growth in this industry.
2) Growing Demand for Convenience Food - Consumers? reliance on convenience foods such as chocolates, sweets, jellies & gums is increasing steadily due to busy lifestyles especially in urban areas making them more willing than ever before to purchase packaged snacks like candies instead of traditional snacks like murukku or vadai etc., thus driving sales volumes further upwards over time
1) Health Concerns - High sugar content associated with most confectionery products poses a major challenge for manufacturers as health concerns may limit potential market gains by discouraging people from eating these products thereby affecting overall revenue generated by this sector adversely
2) Availability Issues? Supply chain disruptions caused by Covid-19 pandemic also pose serious challenges (especially during lockdowns). The inability of supermarkets/retail outlets (due non availability/unavailability ) coupled with shortage/delay in transportation services resulted into severe supply constraints across small stores resulting into low inventory levels which ultimately affected sales volumes adversely
1) Growing Popularity Of Novel Flavors ? There has been an increase in demand for unique flavors over time such as bubblegum , sour strawberry , lemonade etc . These new flavors offer variety and entice customers who look out for something different from regular offerings.
2) Introduction Of Innovative Packaging ? With rapid technological advancements packaging companies are coming up with innovative designs & materials aimed at providing protection against extreme conditions while ensuring attractive product presentation . Also plastic based lidded containers offering child resistant closures have gained popularity owing its convenience factor
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Candy Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Candy Market Revenues & Volume, 2021 & 2031F |
3.3 India Candy Market - Industry Life Cycle |
3.4 India Candy Market - Porter's Five Forces |
3.5 India Candy Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Candy Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 India Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in India |
4.2.2 Growing popularity of gifting candies on various occasions |
4.2.3 Rising demand for innovative and premium candy products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as sugar and flavors |
4.3.2 Intense competition from other snack and confectionery products in the market |
5 India Candy Market Trends |
6 India Candy Market, By Types |
6.1 India Candy Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Candy Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Candy Market Revenues & Volume, By Chocolate Candy, 2021-2031F |
6.1.4 India Candy Market Revenues & Volume, By Non-Chocolate Candy, 2021-2031F |
6.2 India Candy Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 India Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.3 India Candy Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 India Candy Market Revenues & Volume, By Specalist Retailers, 2021-2031F |
6.2.5 India Candy Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.6 India Candy Market Revenues & Volume, By Others, 2021-2031F |
7 India Candy Market Import-Export Trade Statistics |
7.1 India Candy Market Export to Major Countries |
7.2 India Candy Market Imports from Major Countries |
8 India Candy Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for candy brands |
8.2 Number of new product launches and innovations in the candy market |
8.3 Growth in online sales and e-commerce penetration for candy products |
9 India Candy Market - Opportunity Assessment |
9.1 India Candy Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Candy Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 India Candy Market - Competitive Landscape |
10.1 India Candy Market Revenue Share, By Companies, 2024 |
10.2 India Candy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |