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India’s Soan Papdi Market by Segment, Type, Distribution Channel and State - Forecast to 2023; A $149 Million Opportunity - ResearchAndMarkets.com

April 11, 2019

DUBLIN--(BUSINESS WIRE)--Apr 11, 2019--The “India Soan Papdi Market By Segment (Non-ghee & Ghee), By Type (Classic & Flavor), By Distribution Channel (Traditional Retail Store/Sweet Shop, Supermarket/Hypermarket, Convenience Store & Online), By State, Competition Forecast & Opportunities 2023” report has been added to ResearchAndMarkets.com’s offering.

The Indian soan papdi market stood at $73 million in 2017 and is projected to grow at a CAGR of over 12% to reach $149 million by 2023, on account of changing taste preferences of Indian consumers, growing demand for packaged traditional sweets and availability of different flavors of soan papdi.

Moreover, rapidly growing demand from middle class population with increasing disposable income, longer shelf life of traditional sweets along with rising availability of these sweets at modern retail stores is further pushing the demand for soan papdi across India.

Soan papdi manufacturers are offering sugar free alternatives for health conscious consumer base which is further likely to positively influence the Indian soan papdi market.

Some of the major players operating in the Indian soan papdi market are: Haldiram Snacks Pvt. Ltd., Haldiram Foods International Pvt Ltd, Bikaji Foods International Ltd, Bikanervala Foods Pvt. Ltd., Jabsons Foods Private Limited, GRB Dairy Foods Private Limited, Punjabi Ghasitaram Halwai Pvt. Ltd., Bhikharam Chandmal Mithai Namkins Pvt Ltd, Roop Chand Mohan Lal & Co, and Surdhenu Foods Pvt. Ltd.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019-2023

Objective of the Study

  • To analyze and forecast market size of the Indian soan papdi market.
  • To define, classify and forecast the Indian soan papdi market on the basis of segment (Ghee and Non Ghee).
  • To scrutinize the detailed market segmentation and forecast the market size by segmenting the Indian soan papdi market into four regions namely, North Region, West Region, East Region and South Region.
  • To identify tailwinds and headwinds for the Indian soan papdi market.
  • To get an idea about the consumers’ behavior towards product awareness, preferred flavor, availability of preferred flavor, factors influencing purchase decision and reason for purchase.
  • To strategically profile the leading players, which are involved in the supply of soan papdi in India.

Key Topics Covered

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

4.1. Product Awareness

4.2. Brand Recall & Brand Awareness

4.3. Preferred Flavor

4.4. Availability of Preferred Flavor

4.5. Factor Influencing Purchase Decision

4.6. Reasons for Purchase

5. India Soan Papdi Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Segment (Ghee and Non-Ghee)

5.2.2. By Type (Flavor and Classic)

5.2.2.1. By Flavor (Chocolate, Orange, Sugar free and Others)

5.2.3. By Distribution Channel (Online, Convenience Stores, Supermarket/ Hypermarket and Traditional Retail Stores/ Sweet Shops)

5.2.4. By Region

5.2.5. By State

5.2.6. By Company

5.3. Market Attractiveness Index (By Segment)

6. Import Export Analysis

7. Supply Chain Analysis

8. Market Dynamics

8.1. Drivers

8.2. Challenges

9. Market Trends & Developments

10. Policy & Regulatory Landscape

11. India Economic Profile

12. Competitive Landscape

12.1. Company Profiles

12.1.1. Haldiram Snacks Pvt. Ltd.

12.1.2. Haldiram Foods International Pvt. Ltd.

12.1.3. Bikaji Foods International Ltd.

12.1.4. Bikanervala Foods Pvt. Ltd.

12.1.5. Jabsons Foods Private Limited

12.1.6. GRB Dairy Foods Private Limited

12.1.7. Punjabi Ghasitaram Halwai Pvt. Ltd.

12.1.8. Bhikharam Chandmal Mithai Namkins Pvt. Ltd.

12.1.9. Roop Chand Mohan Lal & Co.

12.1.10. Surdhenu Foods Pvt. Ltd.

13. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/z9tdvo

View source version on businesswire.com:https://www.businesswire.com/news/home/20190411005433/en/

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Related Topics:Snacks and Confectionery

KEYWORD: ASIA PACIFIC INDIA

INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 04/11/2019 08:28 AM/DISC: 04/11/2019 08:28 AM

http://www.businesswire.com/news/home/20190411005433/en