India Biscuits Market Size, Industry Trends & Forecast Report - PowerPoint PPT Presentation

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India Biscuits Market Size, Industry Trends & Forecast Report

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India Biscuits Market is growing at the CAGR of 12.4 % and touched USD 5,151.2 Million in 2020. The market is expected to reach USD 11,792.3 Million by 2027. – PowerPoint PPT presentation

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Title: India Biscuits Market Size, Industry Trends & Forecast Report


1
India Biscuits Market
2
A study, recently conducted by the strategic
consulting and market research firm, BlueWeave
Consulting revealed that India Biscuits Market is
projected to reach USD 11,792.3 Million by 2027,
growing at a CAGR of 12.4 during the forecast
period. The Indian biscuit market is being
powered by factors such as rising customer
income, a shift to quality biscuits, the
establishment of more manufacturing facilities,
rising health awareness, biscuit innovation,
appealing packaging, and so on. Moreover, the
active involvement of women in business life, as
well as having less time for cooking homemade
food, is propelling the demand for biscuits in
India. Furthermore, people are becoming more
health-conscious, which motivates them to make
healthier snack choices. Especially during COVID
-19, ready-to-eat options that are easy to
preserve at home and have long shelf life are
highly preferred by consumers. The bakery
industry is one of the oldest businesses in
India, which is changing, in terms of product
range and services due to high nutrient value.
India is one of the largest producers of biscuits
in the world.
3
Growth Drivers Active lifestyle and Health
Awareness of consumers The active lifestyles of
consumers, as well as their growing preference
for convenient eating choices, are propelling
the demand for healthier biscuits. Consumers who
are health-conscious prefer biscuits with a high
nutritional value. This has made manufacturers
use more fibrous and nutritious constituents like
oats, decreasing the number of artificial colors
and additives and avoiding high fructose syrup
altogether. Another variant for health-conscious
consumers is the low sugar or sugar-free biscuits
that help with weight management, cholesterol
management, and much more. The Rising demand for
Ready to Eat Snacks The growing demand for
ready-to-eat snacks among the people is further
expected to boost the biscuit market's growth in
India. Furthermore, the unexpected outbreak of
COVID-19 and the pandemic-induced nationwide
lockdown has raised the demand for convenience
and healthy food items with longer shelf life,
thereby driving the growth of the India biscuits
market.  Sample Copy of the Report
https//www.blueweaveconsulting.com/india-biscuit
s-market-bwc19105/report-sample
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