India Organic Snacks market is
forecast to grow at an impressive CAGR during FY2023 – FY2027. Organic Snacks
Market in India has shown promising growth in historical years and is expected
to show the same in forecast years too. Health concerns because of unhealthy
food and snacking habits are increasing at an alarming rate. The increasing
number of health conscious consumers is influencing the growth of India organic
snacks market. Moreover, consumers are opting for organic supplies in lieu of
presence of artificial, and harmful fertilizers in food materials. These
artificial supplements are considered harmful for humans when consumed in large
amount. Also, there are not many ways for them to be digested thus causing
health issues among the population.
India Organic Snacks market is
segmented by type, distribution channel, and regional distribution. Based on
type of organic snacks, the market is further bifurcated into cookies &
crackers, fruit snacks & dried fruit snacks, puffs & chips, energy bar,
meat snacks & others. Energy bars are expected to continue the dominance
over the market in the forecast period owing to the increasing health concerns
and consumers choosing a healthier snack to satisfy a mid-meal hunger streak.
The nutritional value, fulfilment of energy requirement has enhanced the sales
of energy bars in the Indian organic snacks market. Moreover, these products are
replacing heavy meal owing to the busy lifestyles and growing number of nuclear
families, thereby contributing to the growth of this segment.
The first quarter of the year
2020, faced a setback economically because of the COVID-19 outbreak and
following lockdown across the country. COVID-19 has impacted the food industry
like the whole economy of the country but opting the distribution via online
channels would benefit the market in future. Health conscious consumers can opt
for gluten free product or organic options available. Though, these products
are a tentatively progressing sector.
Major players
operating in India Organic Snacks Market include Pro Nature
Organic Foods (P) Ltd., Natures Basket Limited, The Organic Garden, Visionfresh.in, 24 Mantra
Organic, Just Organics, among others. The companies are focusing on extensive research and
development activities to stay competitive in the market. Other competitive
strategies include formation of alliances and partnerships.
Years
considered for this report:
Historical
Years: FY2017 – FY2020
Base Year: FY2021
Estimated Year:
FY2022
Forecast Period:
FY2023 – FY2027
Objective of the Study:
- To analyze historical
growth in market size of India Organic
Snacks market from FY2017 to FY2021.
- To estimate and forecast the market size of India
Organic Snacks market from FY2023 to FY2027 and growth rate until FY2027.
- To classify and forecast India Organic Snacks market based on type,
distribution channel, and regional distribution.
- To identify dominant region or segment in the India
Organic Snacks market.
- To identify drivers and challenges for India Organic
Snacks market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in
India Organic Snacks market.
- To identify
and analyze the profiles of leading players operating in India Organic Snacks market.
- To identify key sustainable strategies adopted
by market players in India Organic Snacks market.
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TechSci Research performed both
primary as well as exhaustive secondary research for this study. Initially,
TechSci Research sourced a list of manufacturers, suppliers, and service
providers across the country. Subsequently, TechSci Research conducted primary
research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufactures which could not be identified
due to the limitations of secondary research. TechSci Research analyzed the manufactures,
distribution channels and presence of all major players across the country.
TechSci Research calculated the
market size of India Organic Snacks market using a bottom-up approach, wherein data for
various end-user segments was recorded and forecast for the future years.
TechSci Research sourced these values from the industry experts and company
representatives and externally validated them through analyzing historical data
of these product types and applications for getting an appropriate, overall
market size. Various secondary sources such as company websites, news articles,
press releases, company annual reports, investor presentations and financial
reports were also studied by TechSci Research.
Key Target Audience:
- Organic Snacks manufacturers, end users,
vendors, and other stakeholders
- Distributers and suppliers of Organic
Snacks and other stakeholders
- Organizations, forums, and alliances
related to Organic Snacks
- Market research and consulting firms
The study is useful in providing
answers to several critical questions that are important for the industry
stakeholders such as manufacturers, distributors, suppliers, end users, etc.,
besides allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report,
India Organic Snacks market has been segmented into following
categories, in addition to the industry trends which have also been detailed
below:
- Market, By Type:
- Cookies & Crackers
- Fruit Snacks & Dried
Fruit Snacks
- Puffs & Chips
- Energy Bar
- Meat Snacks
- Others
- Market, By Distribution
Channels:
o
Hypermarket /Supermarket
o
Grocery Store /Convenience Store
o
Online
o
Others
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India Organic Snacks market.
Available
Customizations:
With the given market data, TechSci
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 Organic Snacks 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]