Code: MTA7400 | Publication Date: Aug 2025 |
The market is witnessing consistent growth due to rising impulse buying, festive and gifting culture, increasing penetration of organized retail, and strong demand from both rural and urban segments.
The India candy market is evolving with a strong tilt toward premiumization, functional ingredients, and flavour innovation. When traditional sugar-based confectionary are still favourites, the brands are now launching fusion flavours, soft chews, centre-filled candy, and sugar-free versions. Nostalgic and region flavours to millennium and Gen Z consumers are also gaining popularity. Market reach and appeal are being expanded through packaging innovations, smaller SKUs, and visibility in the newer retail formats.
Key developments include increased investments in rural distribution, use of AI in consumer preference mapping, and focus on sustainable, biodegradable packaging. Health and wellness are being carved by Indian and global brands with ranges of candies that are vitamin-enriched and herbal and low-calorie. The partnerships in the e-commerce and Q-commerce are also transforming last-mile tactics and the product customization approach. The startups of niche artisanal and organic candies are on the rise in metro cities.
Below is a comprehensive list of the leading market players driving growth in this sector:
Company Name | Perfetti Van Melle India Pvt. Ltd. |
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Established Year | 1994 |
Headquarters | Gurugram, Haryana, India |
Official Website | Click Here |
Perfetti is a leading confectionery brand in India with products like Alpen Liebe, Mentos, and Centre Fresh dominating across formats and age groups.
Company Name | Parle Products Pvt. Ltd. |
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Established Year | 1929 |
Headquarters | Mumbai, Maharashtra, India |
Official Website | Click Here |
Parle offers a wide range of hard-boiled candies and toffees including Melody and Mango Bite, with a strong distribution network nationwide.
Company Name | ITC Ltd. (Candyman) |
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Established Year | 1910 |
Headquarters | Kolkata, India |
Official Website | Click Here |
ITC's Candyman brand caters to a broad candy consumer base with innovative flavours and a focus on hygienically packaged products.
Company Name | DS Group (Pass Pass Pulse) |
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Established Year | 1929 |
Headquarters | Noida, Uttar Pradesh, India |
Official Website | Click Here |
DS Group's Pulse candy became a trendsetter in Indiaâs tangy candy space, capturing major market share through unique taste and branding.
Company Name | Mars International India Pvt. Ltd. |
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Established Year | 2002 |
Headquarters | Gurugram, Haryana, India |
Official Website | Click Here |
Mars offers global candy brands like Skittles and M&Mâs in India, with growing popularity among urban youth and premium retail outlets.
Company Name | Nestle India Ltd. |
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Established Year | 1961 |
Headquarters | Gurugram, Haryana, India |
Official Website | Click Here |
Nestle's confectionery line includes well-known brands like KitKat and Milky bar, widely consumed across different demographics and occasions.
Company Name | Ravalgaon Sugar Farm Ltd. |
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Established Year | 1933 |
Headquarters | Ravalgaon, Maharashtra, India |
Official Website | Click Here |
Ravalgaon is one of India's oldest candy manufacturers known for traditional sweets and toffees in rural and semi-urban markets.
Company Name | Lotte India Corporation Ltd. |
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Established Year | 2004 |
Headquarters | Chennai, Tamil Nadu, India |
Official Website | Click Here |
Lotte's popular Choco pie and Coffy Bite candies enjoy high penetration in Indian markets, appealing to both children and adults.
Company Name | Patanjali Ayurved Ltd. |
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Established Year | 2006 |
Headquarters | Haridwar, Uttarakhand, India |
Official Website | Click Here |
Patanjali has entered the candy segment with herbal and ayurvedic candies, offering health-based alternatives to conventional sweets.
Company Name | Pulse Candy (DS Group) |
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Established Year | 2015 |
Headquarters | Noida, Uttar Pradesh, India |
Official Website | Click Here |
Pulse Candy revolutionized the candy market with its tangy, filled centre and continues to be a category leader in the spicy-sweet niche.