PROSPECTS AND OPPORTUNITIES
Legal challenges, coupled with evolving consumer preferences, could act as a hindrance to growth for sugar confectionery
Sugar confectionery in India is set to maintain slow and steady retail volume and current value growth throughout the forecast period. Nevertheless, sugar confectionery faces mounting challenges in the country, driven by potential regulatory scrutiny from the Food Safety and Standards Authority of India (FSSAI), and a rising wave of health-conscious consumers.
New innovations and flavours will be key to increase consumption occasions
Over the forecast period, to stimulate consumption, companies are likely to focus on developing sugar confectionery offerings that can create a healthier and more natural perception in consumers’ minds. Innovative new sugar confectionery infused with ingredients which are perceived to address specific health concerns, such as stress relief, or boosting energy/concentration levels, are expected to gain prominence in the coming years.
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Overview:
Understand the latest market trends and future growth opportunities for the Sugar Confectionery industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sugar Confectionery industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Sugar Confectionery in India report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Sugar Confectionery in India?
- Which are the leading brands in Sugar Confectionery in India?
- How are products distributed in Sugar Confectionery in India?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Sugar Confectionery?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in India?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Sugar Confectionery in India - Category analysis
KEY DATA FINDINGS
Pastilles, gummies, jellies and chews benefits from the health and wellness trend
Sugar confectionery faces challenges on account of health concerns and competition from healthier alternatives
Small local grocers continues to dominate the distribution of sugar confectionery
Legal challenges, coupled with evolving consumer preferences, could act as a hindrance to growth for sugar confectionery
New innovations and flavours will be key to increase consumption occasions
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DISCLAIMER
The following categories and subcategories are included:
Sugar Confectionery
- Boiled Sweets
- Chewy Candies
- Gummies and Jellies
- Liquorice
- Lollipops
- Medicated Confectionery
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- Power Mints
- Standard Mints
- Toffees, Caramels and Nougat
- Other Sugar Confectionery
Sugar Confectionery
This is the aggregation of mints, boiled sweets, pastilles, gummies, jellies and chews, toffees, caramels, and nougat, medicated confectionery, lollipops, liquorice and other sugar confectionery.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Sugar Confectionery research and analysis database.
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