Confectionery Store Market in India 2022-2026

Confectionery Store Market in India 2022-2026

Technavio has been monitoring the confectionery store market in India and it is poised to grow by $ 4.32 bn during 2022-2026, progressing at a CAGR of 13.59% during the forecast period. Our report on the confectionery store market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising demand for organic, functional, vegan, and gluten-free confectioneries and rise in young population as key customers. In addition, the rising demand for organic, functional, vegan, and gluten-free confectioneries is anticipated to boost the growth of the market as well.

The confectionery store market in India analysis includes distribution channel and age group segments.

Technavio's confectionery store market in India is segmented as below:

By Distribution Channel

• Offline
• Online

By Age Group

• Children
• Adult
• Geriatric

This study identifies the premiumization in chocolate confectioneryas one of the prime reasons driving the confectionery store market growth in India during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on confectionery store market in India covers the following areas:

• Confectionery store market sizing
• Confectionery store market forecast
• Confectionery store market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading confectionery store market vendors in India that include Avenue E Commerce Ltd., Burgundy Hospitality Pvt. Ltd., Candico India Litd, Chitale Bandhu Mithaiwale, Godrej and Boyce Manufacturing Co. Ltd., Haldiram Foods International Pvt. Ltd, Karachi Bakery, Lotte Confectionery Co. Ltd., Parle Products Pvt. Ltd., and Perfetti Van MelleGroup BV. Also, the confectionery store market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.