Product Code: ETC128365 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Caramel Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 12.82% in 2025, the market peaks at 14.59% in 2028, and settles at 14.43% by 2029.
The India caramel market is estimated to reach USD 1.18 billion by 2025, registering a CAGR of 4.8% during the forecast period 2025-2031. The increasing demand for confectionery products from urban and rural consumers has been driving the growth of the Indian caramel market over the past few years. India?s consumer preference towards convenience food is also shaping up as an important factor behind the growing demand for caramels in recent years.
Increasing disposable incomes coupled with changing lifestyle habits have led to rising spending on processed foods including caramels among Indian consumers, which is likely to drive further growth in this market in coming years. Furthermore, manufacturers are introducing innovative flavors and ingredients such as nuts and fruits that increase product appeal among consumers, thus providing impetus to sales numbers in this sector across India. Additionally, manufacturers are increasingly investing into research & development activities aimed at improving product taste and shelf life for better customer experience; supporting market expansion opportunities going forward.
High competition amongst players due to presence of both international and domestic players might lead to price wars resulting into reduced profit margins within this industry space; hindering business profitability levels amongst companies operating therein while negatively impacting overall industry growth prospects during assessment period (2025-2031). Moreover, fake or low quality products sold at cheaper prices by unorganized vendors create difficulty in maintaining brand loyalty; representing a key challenge faced by organized players engaged herein during study timeframe.
Growing popularity of seasonal variants especially around religious festivals such as Holi or Diwali present tremendous opportunities for marketers & retailers alike aiming capitalize these events throughout year offering festive inspired flavours like chocolate almond etc.; creating ample scope for associated stakeholders looking expand their product portfolio improve upon their top line revenues through higher sales volume figures based on increased consumer demand trends witnessed during aforesaid periods annually . Nestle , Ferrero Group , Amul , Mondelez International Kraft Foods are some prominent names operating within current competitive landscape . During initial phases of covid 19 pandemic supply chain disruptions along with temporary closure/shut down certain production facilities posed major challenges however post lockdown relaxation rise sale essential commodities witnessed rapid recovery terms revenue generated reflecting positive outlook projected future period culminating 2025.
India Caramel |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Caramel Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Caramel Market Revenues & Volume, 2021 & 2031F |
3.3 India Caramel Market - Industry Life Cycle |
3.4 India Caramel Market - Porter's Five Forces |
3.5 India Caramel Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.6 India Caramel Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 India Caramel Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Caramel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Caramel Market Trends |
6 India Caramel Market, By Types |
6.1 India Caramel Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 India Caramel Market Revenues & Volume, By Function, 2018 - 2031F |
6.1.3 India Caramel Market Revenues & Volume, By Colors, 2018 - 2031F |
6.1.4 India Caramel Market Revenues & Volume, By Toppings, 2018 - 2031F |
6.1.5 India Caramel Market Revenues & Volume, By Flavours, 2018 - 2031F |
6.1.6 India Caramel Market Revenues & Volume, By Fillings, 2018 - 2031F |
6.1.7 India Caramel Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 India Caramel Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 India Caramel Market Revenues & Volume, By Solid & Semi-Solid, 2018 - 2031F |
6.2.3 India Caramel Market Revenues & Volume, By Liquid, 2018 - 2031F |
6.3 India Caramel Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Caramel Market Revenues & Volume, By Bakery & Confectionery, 2018 - 2031F |
6.3.3 India Caramel Market Revenues & Volume, By Beverages, 2018 - 2031F |
6.3.4 India Caramel Market Revenues & Volume, By Dairy & Frozen Desserts, 2018 - 2031F |
6.3.5 India Caramel Market Revenues & Volume, By Snacks, 2018 - 2031F |
6.3.6 India Caramel Market Revenues & Volume, By Others, 2018 - 2031F |
7 India Caramel Market Import-Export Trade Statistics |
7.1 India Caramel Market Export to Major Countries |
7.2 India Caramel Market Imports from Major Countries |
8 India Caramel Market Key Performance Indicators |
9 India Caramel Market - Opportunity Assessment |
9.1 India Caramel Market Opportunity Assessment, By Function, 2021 & 2031F |
9.2 India Caramel Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 India Caramel Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Caramel Market - Competitive Landscape |
10.1 India Caramel Market Revenue Share, By Companies, 2024 |
10.2 India Caramel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |