Market Forecast By Product Type (Potato Chips, Extruded Snacks, Nuts & Seeds, Popcorn, Others), By Distribution Channel (Supermarket/Hypermarket, Independent Retailers, Convenience Stores, Service Station, Others), By Flavor (Roasted/Toasted, Barbeque, Spice, Beef, Others) And Competitive Landscape
According to 6Wresearch, India Savory Snacks Market is expected to gain growth throughout the forecast period 2020-26. The country's large population, growing disposable income and increasing snacking habit is driving the Indian savory snacks market. Savory snacks are seeing the health and wellness trend exert a considerable influence, as India’s affluent urban consumers, in particular, seek to improve their daily diet in pursuit of better living. This is tied to other lifestyle trends such as the tendency for people to take more exercise. As a result, it is expected to be a challenge in front of the product players to witness a low sales volume in extra cholesterol-based savory snacks. However, the changing tastes and preferences are driving demand for the roasted snacks segment. Additionally, the spread of COVID-19 has left a significant negative impact on savory snacks, with current value growth set to fall into single figures for the first time in the review period in 2020. Disruptions to production and distribution are acting as significant constraints on growth. This insight provides an overview of how the savory snacks market in India is gradually heading towards becoming a more organized one keeping the traditional tastes alive.
Key Highlights of the Report:
- India Savory Snacks Market Outlook
- India Savory Snacks Price Trends
- India Savory Snacks Market Drivers and Challenges
- India Savory Snacks Porter's Five Forces
- India Savory Snacks Market Trend Evolution
- India Savory Snacks Industry Life Cycle
- Market Opportunity Assessment By Distribution Channel
- Market Opportunity Assessment By Flavor
- India Savory Snacks Top Companies Market Share
- India Savory Snacks Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- India Savory Snacks Company Profiles
- India Savory Snacks Key Strategic Recommendations
- Historical Data and Forecast of India Savory Snacks Market Revenues & Volume By Beef for the Period 2016 - 2026
- Historical Data and Forecast of India Savory Snacks Market Revenues & Volume By Others for the Period 2016 - 2026
- Historical Data and Forecast of India Savory Snacks Revenues & Volume for the Period 2016 - 2026
- Historical Data and Forecast of India Savory Snacks Market Revenues & Volume By Potato Chips for the Period 2016 – 2026
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