Report Description

Forecast Period


Market Size (2023)

USD1845.2 Million

CAGR (2024-2029)


Fastest Growing Segment


Largest Market


Market Overview

India Candy Market has valued at USD1845.2 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 15.2% through 2029. The India candy market is a vibrant and rapidly evolving sector within the country's confectionery industry. Candy, which includes a wide range of sweet treats, has become an integral part of Indian snacking and dessert culture. This market has experienced significant growth in recent years, driven by changing consumer preferences, urbanization, and a youthful demographic with a penchant for sweets.

The India candy market encompasses a diverse array of confectionery products, including hard candies, chocolates, gummies, toffees, lollipops, and more. These sweets come in various flavors, shapes, sizes, and packaging options, catering to a wide spectrum of consumer tastes and preferences. Candies are enjoyed by people of all ages, making this market a staple in India's snacking and gifting culture.

They come in various flavors, with fruit and mint flavors being particularly popular. These candies often feature vibrant packaging and are enjoyed by people of all age groups.

Chocolates, including milk chocolates, dark chocolates, and various filled chocolates, have seen substantial growth in the Indian market. International and domestic brands offer a wide range of chocolate products, from bars and pralines to truffles and chocolate-coated candies.

Gummy candies and jellies are soft, chewy sweets that come in a plethora of shapes and flavors. They are particularly favored by children and are often found in colorful, playful packaging.

Toffees and caramels are known for their rich, creamy, and chewy textures. They are available in various flavors, including traditional options like butterscotch and newer variants like salted caramel.

Lollipops and chewing gum are popular choices for on-the-go snacking. They offer long-lasting flavors and are available in a variety of fruit and mint flavors.

As consumer preferences evolve, there is a growing demand for innovative and exotic flavors. Candy manufacturers are introducing new and unique flavors to captivate consumers' taste buds.

The increasing urbanization in India has led to busier lifestyles and greater exposure to global culinary trends. Urban consumers, with more disposable income, are willing to try different candy products, including premium and imported varieties.

India has a significant young population, and young consumers are a key demographic for the candy market. Their inclination toward snacking and sweet treats has fueled the demand for candies.

Candies are a popular choice for gifting during festivals, celebrations, and special occasions in India. This gifting culture has boosted candy sales, especially during festive seasons.

Candy manufacturers are constantly innovating to introduce new shapes, textures, and packaging. Creative marketing strategies, tie-ins with popular characters, and limited-edition releases are common tactics to attract consumers.

Increasing health consciousness among consumers has led to concerns about the sugar content and additives in candies. Some consumers are seeking healthier, low-sugar alternatives.

The candy market in India is highly competitive, with both domestic and international brands vying for market share. Brand recognition and effective marketing are crucial in this competitive landscape.

The supply chain for ingredients like cocoa and sugar can be vulnerable to fluctuations in pricing and availability, affecting candy production and pricing.

In conclusion, the India candy market is a dynamic and evolving sector within the country's confectionery industry. Driven by changing consumer preferences, urbanization, and a youthful demographic, this market offers significant opportunities for both domestic and international candy manufacturers. As consumer tastes continue to diversify, the candy market is expected to thrive, offering a sweet future for the industry.

Key Market Drivers

Changing Consumer Preferences

One of the primary drivers of the India candy market's growth is the changing preferences of consumers. As lifestyles evolve and tastes diversify, consumers are seeking new and innovative confectionery products that cater to their preferences and dietary choices.

There is a growing awareness of health and wellness among Indian consumers, leading to an increased demand for healthier candy options. Consumers are looking for candies made with natural ingredients, reduced sugar content, and no artificial additives. Manufacturers are responding by introducing candies with these characteristics to meet the demands of health-conscious consumers.

The Indian candy market has witnessed a surge in the introduction of new and exciting flavors and varieties. Manufacturers are constantly innovating to offer unique taste experiences. This includes fusion flavors, regional specialties, and exotic ingredients that appeal to consumers looking for something different.

Candy's convenience and portability make it a popular choice for on-the-go snacking. With busy lifestyles becoming the norm, consumers are turning to candies as a quick and satisfying treat. This demand for convenient snacking options has contributed to the growth of the candy market.

Growing Urbanization

India's rapid urbanization has had a significant impact on the candy market. As more people migrate to urban areas in search of employment and better opportunities, there is a shift in consumer preferences and consumption patterns.

Increased Disposable Income: Urbanization often correlates with higher disposable incomes. Urban consumers are willing to spend on premium and imported candies, driving market expansion. Premium and gourmet candies are becoming increasingly popular among this demographic.

Exposure to Global Trends: Urban dwellers have greater exposure to international cuisines and trends through travel, media, and access to global products. This exposure has piqued their interest in trying candies from different countries, further diversifying the market.

Retail and Distribution: Urban centers have well-established retail networks, including supermarkets, convenience stores, and online platforms. These distribution channels ensure that a wide variety of candies are readily available to urban consumers, contributing to market growth.

Marketing and Branding Strategies

Effective marketing and branding strategies have played a pivotal role in driving consumer engagement and brand loyalty within the India candy market.

Digital Marketing: Brands have leveraged digital platforms, social media, and e-commerce channels to reach a broader audience and connect with consumers. Digital marketing campaigns and influencer partnerships have been used to create awareness and excitement around candy products.

Packaging and Presentation: Visual appeal is crucial in the confectionery industry. Brands have invested in attractive and eye-catching packaging designs to capture consumer attention. Packaging innovations, such as resealable pouches and portion-controlled packs, have also enhanced the overall consumer experience.

Celebrity Endorsements: Many candy brands have utilized celebrity endorsements and brand ambassadors to promote their products. Celebrities lend their popularity and credibility to candy brands, influencing consumer choices.

Engaging Campaigns: Engaging and interactive marketing campaigns, such as contests, giveaways, and product tie-ins with popular movies or events, have created buzz and excitement around candy products.


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Key Market Challenges

Evolving Consumer Preferences

One of the most prominent challenges facing the India candy market is the evolving preferences of consumers. The traditional candies that were once popular may no longer align with the changing tastes and dietary preferences of the modern Indian consumer. Several key aspects contribute to this challenge:

Health Consciousness: There is a growing awareness of health and wellness among Indian consumers. Many are becoming more conscious of their sugar intake, seeking healthier snack alternatives, and scrutinizing product labels for ingredients and nutritional information. This has led to a decline in the consumption of traditional high-sugar candies.

Preference for Natural and Organic: Consumers are increasingly favoring natural and organic products over those containing artificial additives and preservatives. This shift in preference has led to a demand for candies made with natural sweeteners, fruit extracts, and ingredients perceived as healthier choices.

Dietary Restrictions: India is a diverse country with a wide range of dietary preferences and restrictions. For instance, many consumers follow vegetarian or vegan diets and are interested in candies that adhere to these dietary choices. Meeting these specific requirements can be challenging for candy manufacturers.

Competition from Snack Alternatives: The candy market faces stiff competition from alternative snack options, such as energy bars, nuts, dried fruits, and healthier confectionery alternatives. These options often position themselves as better-for-you snacks, diverting consumers away from traditional candies.

Addressing evolving consumer preferences in the candy market requires innovation in product development and marketing. Manufacturers need to create candies that align with healthier lifestyles, offer unique flavors and textures, and cater to specific dietary requirements to remain relevant in this changing landscape.

Regulatory Compliance and Quality Control

Meeting stringent regulatory requirements and maintaining high-quality standards is a constant challenge in the India candy market. Regulatory challenges encompass various aspects, including labeling, product safety, and adherence to quality standards. Here are some key challenges in this regard:

Labeling and Claims: India has specific regulations governing food labeling and health claims. Candy manufacturers must ensure that their packaging complies with these regulations, including accurate nutritional information, ingredient listings, and health-related claims. Non-compliance can lead to legal issues and damage to brand reputation.

Food Safety: Ensuring food safety is paramount in the candy industry. Manufacturers must adhere to strict hygiene and sanitation practices during production, packaging, and storage. Contaminated candies can lead to health concerns and product recalls, which can be costly and damaging.

Quality Control: Maintaining consistent product quality is a challenge, particularly for small and medium-sized candy manufacturers. Fluctuations in ingredient quality, production processes, and storage conditions can result in variations in the final product. Consistency is crucial to building consumer trust and loyalty.

Regulatory Updates: Keeping up with evolving food safety regulations and labeling requirements is an ongoing challenge. Changes in regulations may necessitate adjustments to product formulations, labeling, and manufacturing practices, which can be time-consuming and costly.

Navigating these regulatory and quality control challenges requires ongoing vigilance, investment in quality assurance measures, and staying informed about changes in food safety laws and labeling regulations.

Competition and Branding

The India candy market is highly competitive, with numerous domestic and international brands vying for consumer attention. This intense competition poses several challenges for both established and emerging players in the market:

Brand Recognition: Building brand recognition and loyalty is a significant challenge, especially for new entrants. Established brands often have a stronghold in the market, making it difficult for newcomers to gain traction. Effective branding and marketing strategies are crucial for standing out in a crowded marketplace.

Innovation and Differentiation: To thrive in a competitive market, candy manufacturers must continually innovate and differentiate their products. Creating unique flavors, textures, and packaging can set a brand apart from its competitors. However, innovation requires research and development investments and a deep understanding of consumer preferences.

Price Sensitivity: Price sensitivity is a common challenge in the candy market, particularly in a price-conscious country like India. Consumers often seek affordable options, and competition can drive prices down. Balancing affordability with quality and profitability is a delicate task.

Counterfeit and Imitation Products: Some candy markets are plagued by counterfeit and imitation products, which can harm consumers and brand reputation. Protecting intellectual property and product authenticity is an ongoing challenge for legitimate manufacturers.

Key Market Trends

Growing Demand for Healthier and Functional Candy

One of the most notable trends in the India candy market is the increasing demand for healthier and functional candy options. As consumers become more health-conscious and seek products with added nutritional benefits, candy manufacturers have responded by introducing candies that go beyond traditional sugary treats.

Sugar-Free and Low-Sugar Options: With rising concerns about excessive sugar consumption and its impact on health, there is a growing demand for sugar-free and low-sugar candies. These candies use alternative sweeteners like stevia, erythritol, or maltitol to provide sweetness without the high sugar content. They cater to consumers looking to satisfy their sweet cravings while managing their sugar intake.

Functional Ingredients: Functional candies that offer additional health benefits have gained popularity. These candies may contain added vitamins, minerals, probiotics, or herbal extracts. For example, vitamin C-infused gummy candies promote immunity, while probiotic candies support digestive health. These functional candies appeal to health-conscious consumers seeking convenient ways to incorporate wellness into their daily routines.

Natural and Organic Candies: The trend toward natural and organic products has extended to the candy market. Consumers are looking for candies made with natural ingredients, free from artificial colors, flavors, and preservatives. Organic candies, often made with organic fruit juices and sweeteners, have found favor among those seeking healthier indulgences.

Flavor Innovation and Fusion

The India candy market has witnessed a surge in flavor innovation and fusion. Candy manufacturers are constantly introducing new and exciting flavors and combinations to entice consumers' taste buds. This trend reflects the Indian consumer's evolving palate and desire for variety.

Regional and Ethnic Flavors: Candies inspired by regional and ethnic flavors have gained popularity. Manufacturers are incorporating flavors like mango, rose, cardamom, and saffron, which are reminiscent of traditional Indian sweets and desserts. These candies provide a nostalgic and culturally resonant experience for consumers.

Exotic and International Flavors: Indian consumers, particularly the younger generation, are increasingly open to exploring global flavors. Exotic fruit flavors, tropical blends, and international confectionery inspirations have become prevalent in the market. Brands are introducing candies with unique taste profiles, such as lychee, passion fruit, and tiramisu.

Spice and Heat Infusion: Spicy candies, often featuring ingredients like chili, black salt, and tangy spices, have gained a dedicated following. These candies offer a sweet and spicy contrast that appeals to those who enjoy bold and adventurous flavors. The combination of sweetness and heat creates a distinctive sensory experience.

Premium and Artisanal Offerings

The India candy market is witnessing a surge in premium and artisanal candy offerings. Consumers, particularly in urban areas, are willing to explore higher-end and handcrafted candies that offer unique textures and flavors.

Handcrafted Artisanal Candies: Artisanal candy makers are creating handcrafted candies in small batches. These candies often feature intricate designs, layered flavors, and premium ingredients. They are positioned as gourmet treats and are packaged elegantly, making them popular as gifts and premium indulgences.

Imported and International Brands: Imported candies and international brands have found a niche in the premium segment. These candies often come in unique and luxurious packaging and offer a taste of global confectionery. They cater to consumers looking for distinctive and high-quality candy experiences.

Segmental Insights

Product Type Insights

Chocolate candy has emerged as a dominant and irresistible category within the India candy market, captivating the taste buds and sweet cravings of millions across the country. This delectable and indulgent treat has carved out a substantial share in the market due to its universal appeal, versatility, and evolving consumer preferences.

Consumer Preference for Chocolate: Chocolate, with its rich, creamy, and melt-in-your-mouth goodness, holds a special place in the hearts of Indian consumers. Its popularity transcends age groups and geographical boundaries, making it a beloved choice for people from diverse backgrounds. Whether it's a child's fascination with chocolate bars, a teenager's love for chocolate-covered treats, or an adult's desire for premium chocolate pralines, chocolate candy caters to a broad spectrum of tastes.

Variety of Chocolate Products: The India candy market boasts a wide array of chocolate-based products, each tailored to meet distinct preferences. From traditional milk chocolates to dark chocolates for health-conscious consumers, the market offers a plethora of options. Additionally, there are chocolate candies filled with nuts, fruits, caramel, and other delightful fillings, enhancing the overall experience and satisfying diverse cravings.

Occasions and Celebrations: Chocolate candies are synonymous with celebrations and gifting in India. Festivals, birthdays, anniversaries, and special occasions often feature the exchange of chocolate gifts. This cultural association with celebrations has significantly contributed to chocolate's dominance in the candy market. Be it a box of chocolates as a token of appreciation or beautifully wrapped chocolate gift baskets, chocolates have become an integral part of expressing joy and affection.

Premium and Artisanal Offerings: The market has witnessed the emergence of premium and artisanal chocolate brands, catering to a discerning consumer base looking for unique and high-quality chocolate experiences. These brands offer chocolates with exotic flavors, innovative combinations, and exquisite packaging. This has elevated the perception of chocolate from a simple treat to a luxury indulgence.

Health and Gourmet Options: In response to evolving consumer preferences for healthier choices and gourmet experiences, the market has introduced a range of health-conscious and gourmet chocolate products. Dark chocolate, known for its potential health benefits, has gained popularity among health-conscious individuals. Additionally, artisanal chocolates with organic ingredients, lower sugar content, and unique flavor profiles have found a niche audience seeking a more refined candy experience.

Effective Marketing and Branding: The success of chocolate candy in the India candy market can also be attributed to effective marketing and branding efforts by both domestic and international chocolate manufacturers. Brands use creative advertising, celebrity endorsements, and innovative packaging to attract consumers. The emotional connect established through advertising campaigns has played a significant role in cementing chocolate's position as a preferred candy choice.

Sales Channel Insights

The online sales channel has emerged as a significant player in the India Candy Market, revolutionizing the way consumers purchase and enjoy their favorite sweet treats. The candy market in India has witnessed substantial growth over the years, and the online sales channel has played a pivotal role in this transformation. Here's an exploration of why online sales have gained prominence in the Indian candy market and how it has reshaped the industry.

One of the primary reasons for the significant share of online sales in the India Candy Market is the unparalleled convenience it offers to consumers. With the proliferation of e-commerce platforms and mobile apps, buying candy has become as easy as a few clicks or taps. Consumers can browse through a vast array of candy options, compare prices, and place orders from the comfort of their homes or on the go. This level of convenience has resonated particularly well with busy urban dwellers who may not have the time to visit physical stores.

Online platforms provide a diverse selection of candy products from both domestic and international brands. Shoppers can explore traditional Indian sweets, imported chocolates, gummies, hard candies, and more. This extensive range caters to various tastes, preferences, and occasions, allowing consumers to find the perfect candy for any purpose, be it a celebration, a gift, or a personal indulgence.

Online platforms have made it possible for consumers to access niche and gourmet candy brands that may not be readily available in local brick-and-mortar stores. This has led to a surge in demand for premium and artisanal candies, as consumers are eager to explore unique and high-quality confectionery options.

The online sales channel has become a preferred choice for purchasing candies for special occasions and gifting purposes. With features like customizable gift packaging and delivery options, consumers can conveniently send candy gifts to their loved ones, whether for birthdays, festivals, or other celebrations. This has contributed significantly to the growth of online candy sales, especially during festive seasons.


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Regional Insights

The North region of India has emerged as a significant contributor to the India Candy Market, playing a pivotal role in shaping the dynamics of this vibrant and ever-expanding industry. Comprising states such as Delhi, Punjab, Haryana, Uttar Pradesh, Himachal Pradesh, and Jammu and Kashmir, this region has witnessed remarkable growth in the production, consumption, and distribution of candies and confectionery products. Several factors contribute to the North region's prominence in this sector.

Cultural Significance: Candies hold cultural significance in North India, where traditional sweets and confectioneries have been a part of celebrations, festivals, and daily life for generations. This cultural connection ensures a steady demand for candies and sweet treats in the region. Festivals like Diwali and Holi often see a surge in the consumption of sweets, including candies.

Population Density and Urban Centers: The North region is home to some of India's most densely populated cities and urban centers, including Delhi and NCR (National Capital Region). The presence of a large and diverse consumer base, along with a growing urban population, creates a robust market for candies. Urbanization has led to changes in lifestyle and consumption patterns, with candies becoming popular snacks and treats for people of all ages.

Manufacturing Hubs: Several key manufacturing hubs for candies are located in the North region, particularly in states like Punjab and Haryana. These manufacturing facilities produce a wide range of candies, including traditional favorites and modern innovations. The proximity of these facilities to both urban and rural markets ensures a steady supply of candies to meet the region's demand.

Festivals and Celebrations: North India is known for its vibrant and colorful festivals and celebrations. During these occasions, the consumption of sweets and candies reaches its peak. The demand for candies surges as people exchange sweets as gifts, distribute them during festivities, and offer them as a gesture of goodwill. This seasonal demand is a significant driver of the candy market in the North region.

Market Diversity: The candy market in North India is diverse, offering a wide variety of products to cater to different tastes and preferences. Traditional sweets like 'mithai' coexist with modern candies, chocolates, and imported confectionery products. This diversity allows consumers to choose from an extensive range of candies, making it a versatile and inclusive market.

Recent Developments

  • In 2023, Perfetti Van Melle India's Mentos has partnered with Coca-Cola's Fanta Orange to introduce Mentos Fanta chewy candy in the Indian market. Building upon the global success of Mentos Fanta flavor, the brand recently launched a limited-edition single and multipack offering in India.
  • In 2023, FoxyMoron, a part of Zoo Media Network and the digital creative agency for DS Group-owned Passpass Pulse candy, has unveiled its annual campaign for 'World Compliment Day'. As part of this initiative, the candy company is celebrating other brands that embody the spirit of young India through outdoor campaigns, billboards, and engaging banter on social media platforms. The 'Pulse Of Compliments' campaign, featuring quirky billboards dedicated to Dominos, Dunzo, Airtel, boAt, Zomato, and Radio Mirchi, was created and conceptualized to convey heartfelt compliments.
  • In 2023, Mentos has joined forces with Fanta to launch their latest product, Mentos Fanta chewy candy. This collaboration between Mentos and Fanta signifies a strategic partnership aimed at expanding their presence in the Indian market. By combining the delightful taste of Fanta orange with Mentos, they are offering a refreshing summer treat that is set to resonate with discerning Indian consumers.

Key Market Players

  • ITC Limited
  • Nestle India Limited
  • Parle Products Private Limited
  • Hershey India Private Limited
  • Mondelez India Foods Private Limited
  • DS Group Private Limited
  • Mars International India Private Limited
  • Perfetti Van Melle India Private Limited
  • Lotte India CorporationLimited
  • Ravalgaon Sugar Farm Limited

 By Type

By Sales Channel

By Region

  • Chocolate
  • Sugar
  • Gum
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online
  • Others
  • North
  • West
  • East
  • South


Report Scope:

In this report, the India candy market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • India Candy Market, By Type:

o   Chocolate

o   Sugar

o   Gum              

  • India Candy Market, By Sales Channel:

o   Supermarkets/Hypermarkets

o   Convenience Stores

o   Online

o   Others  

  • India Candy Market, By Region:

o   North

o   South

o   East

o   West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India candy market.

Available Customizations:

India Candy Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

India Candy Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer Analysis (B2C Model Analysis)

4.1.  Brand Awareness

4.2.  Factors Influencing Purchase Decision

4.3.  Sources of Awareness

5.    India Candy Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Type Market Share Analysis (Chocolate, Sugar, Gum)

5.2.2.    By Sales Channel Market Share Analysis (Supermarkets/Hypermarkets, Convenience Stores, Online, and Others)

5.2.3.    By Regional Market Share Analysis        North India Market Share Analysis        South India Market Share Analysis        East India Market Share Analysis        West India Market Share Analysis

5.2.4.    By Top 5 Companies Market Share Analysis, Others (2023)

5.3.  India Candy Market Mapping & Opportunity Assessment

5.3.1.    By Type Market Mapping & Opportunity Assessment

5.3.2.    By Sales Channel Market Mapping & Opportunity Assessment

5.3.3.    By Regional Market Mapping & Opportunity Assessment

6.    North India Candy Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type Market Share Analysis

6.2.2.    By Sales Channel Market Share Analysis

7.    South India Candy Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type Market Share Analysis

7.2.2.    By Sales Channel Market Share Analysis

8.    East India Candy Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type Market Share Analysis

8.2.2.    By Sales Channel Market Share Analysis

9.    West India Candy Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type Market Share Analysis

9.2.2.    By Sales Channel Market Share Analysis

10.  Market Dynamics

10.1.   Drivers

10.2.   Challenges

11.  Impact of COVID-19 on India Candy Market

11.1.   Impact Assessment Model    

11.1.1. Key Segments Impacted

11.1.2. Key Regions Impacted

12.  Market Trends & Developments

13.  Porter’s Five Forces Model

13.1.   Competitive Rivalry

13.2.   Bargaining Power of Buyers

13.3.   Bargaining Power of Suppliers

13.4.   Threat of New Entrants

13.5.   Threat of Substitutes

14.  SWOT Analysis

14.1.   Strengths

14.2.   Weaknesses

14.3.   Opportunities

14.4.   Threats

15.  Policy and Regulatory Landscape

16.  India Economic Profile

17.  Company Profiles

17.1.1. ITC Limited     Company Details     Product & Services     Financials (As Per Availability)     Key market Focus & Geographical Presence     Recent Developments     Key Management Personnel

17.1.2. Nestle India Limited     Company Details     Product & Services     Financials (As Per Availability)     Key market Focus & Geographical Presence     Recent Developments     Key Management Personnel

17.1.3. Parle Products Private Limited     Company Details     Product & Services     Financials (As Per Availability)     Key market Focus & Geographical Presence     Recent Developments     Key Management Personnel

17.1.4. Hershey India Private Limited     Company Details     Product & Services     Financials (As Per Availability)     Key market Focus & Geographical Presence     Recent Developments     Key Management Personnel

17.1.5. Mondelez India Foods Private Limited     Company Details     Product & Services     Financials (As Per Availability)     Key market Focus & Geographical Presence     Recent Developments     Key Management Personnel

17.1.6. DS Group Private Limited     Company Details     Product & Services     Financials (As Per Availability)     Key market Focus & Geographical Presence     Recent Developments     Key Management Personnel

17.1.7. Mars International India Private Limited     Company Details     Product & Services     Financials (As Per Availability)     Key market Focus & Geographical Presence     Recent Developments     Key Management Personnel

17.1.8. Perfetti Van Melle India Private Limited     Company Details     Product & Services     Financials (As Per Availability)     Key market Focus & Geographical Presence     Recent Developments     Key Management Personnel

17.1.9. Lotte India Corporation Limited     Company Details     Product & Services     Financials (As Per Availability)     Key market Focus & Geographical Presence     Recent Developments     Key Management Personnel

17.1.10.               Ravalgaon Sugar Farm Limited   Company Details   Product & Services   Financials (As Per Availability)   Key market Focus & Geographical Presence   Recent Developments   Key Management Personnel

18.  Strategic Recommendations

18.1.   Key Focus Areas

18.2.   Target Type

18.3.   Target Sales Channel

19.  About Us & Disclaimer

Figures and Tables

Frequently asked questions


The market size of the India candy market was estimated to be USD1845.2 million in 2023.


The growth of the India candy market is primarily driven by cultural traditions that involve the exchange of sweets during festivals and celebrations, as well as the increasing popularity of candies as convenient and affordable snacks for a diverse consumer base.


Two prominent trends in the India candy market are the growing demand for healthier and natural ingredient-based candies and the introduction of innovative and unique flavors to cater to evolving consumer preferences.


The major challenges in the India candy market include increasing health consciousness among consumers, which has led to a demand for healthier alternatives, and the need for effective marketing to stand out in a highly competitive market with numerous brands and products.


Parvati Sharma

Account Manager BD
Press Release

India Candy Market to Grow with a CAGR of 15.2% through 2029

Oct, 2023

India candy market is driven by changing consumer preferences, availability of variety of products and effective marketing and branding strategies.