Indian market forecast

A new report dubbed ‘Indian Sugar Confectionery Market Forecast 2019’ from IBNA Research has claimed that the Indian confectionery industry is benefitting from the country’s economic boom and increased consumer spending.

Factors such as increasing brand consciousness, the growth of the Indian middle class and an exposure to western lifestyle have fuelled the demand for sugary products. The past five years have seen the confectionery industry growing at a rapid pace, which is expected to be sustained over the coming years.

The new report contains detailed statistics and analysis on the Indian sugar confectionery market, including legislation and imports data, pricing levels, analyses of market share and market growth. The report categorises the Indian sugar confectionery market into five product segments: toffees, gum, candies, eclairs and other sugar confectionery products.

 

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Confectionery Production