Market Forecast By Type (Sugar, Chocolate, Fine Bakery Wares, Others), By Distribution Channel (Supermarket/Hypermarket, Specialist Retailers, Online Retail Stores, Convenience Stores, Other Distribution Channels) And Competitive Landscape
| Product Code: ETC018164 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India`s confectionery import shipments in 2024 continued to be dominated by key suppliers such as China, Bangladesh, Malaysia, Thailand, and Turkey. Despite the significant growth in imports with a CAGR of 14.38% from 2020 to 2024, the market remained relatively fragmented with a low Herfindahl-Hirschman Index (HHI) concentration. The growth rate in 2024 stood at 5.29%, indicating sustained momentum in the confectionery import market. With diverse sources of confectionery imports, India`s market showcases resilience and opportunity for further expansion.

According to 6Wresearch internal database and industry insights, the India Confectionery Market is forecast to grow at a compound annual growth rate (CAGR) of 5.2% during the period 2025–2031.
| Report Name | India Confectionery Market |
| Forecast period | 2025-2031 |
| CAGR | 5.2% |
| Growing Sector | Online Retail |
The India Confectionery Market report thoroughly covers the market by type and by distribution channel. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.
The India confectionery market is expected to experience steady expansion over the forecast period. The market is propelled by rising disposable incomes, increasing urbanization, and a stronger gifting culture where chocolates and sweets are used as gifts in festivals and celebrations. The growth has been impacted positively by the introduction of healthier and premium products along with the expansion of modern retail and e-commerce combined with favorable policies for food processing infrastructure. The consumer's preferences are changing, and they are looking for new flavors, good packaging and healthier ingredients, which, in turn, is prompting the manufacturers to differentiate their products.
Some major key drivers and their influence on market dynamics:
| Drivers | Primary Segments Affected | Why It Matters |
| Rising Disposable Income & Urbanization | All Types & Channels | Enables greater spending on indulgence & premium products |
| Gifting & Occasion Culture | Chocolate, Fine Bakery Wares | Drives seasonal and high-value purchases |
| Health / Wellness Demand | Sugar / Others / Low‑sugar variants | Encourages reformulation, premium positioning |
| Retail & E‑commerce Expansion | Distribution Channels | Improves market access and impulse buying |
| Government Support for Food Processing | All Segments | Improves infrastructure, reduces cost, encourages scale |
The India Confectionery Market is projected to grow significantly, with a CAGR of 5.2% during the forecast period of 2025-2031. The India confectionery market is driven by rising disposable incomes and rapid urbanization, enabling consumers to spend more on indulgent and premium products. The growing gifting and occasion culture boosts seasonal and high-value purchases, especially in chocolates and fine bakery items. Increasing health awareness encourages the demand for low-sugar and wellness-focused variants. Expansion of retail and e-commerce channels improves market accessibility and impulse buying, while government support for food processing enhances infrastructure and reduces costs, fostering industry growth.
Some major restraints and their influence on market dynamics:
| Restraints | Primary Segments Affected | Why It Matters |
| High Raw Material Costs | All Types & Channels | Raises production costs, impacting pricing and profit margins |
| Health Consciousness & Sugar Avoidance | Sugar-based Confectionery, Traditional Sweets | Reduces demand for high-sugar products, pushing reformulation |
| Regulatory & Compliance Challenges | All Segments | Increases costs due to strict food safety and labeling norms |
| Intense Market Competition | Domestic & Imported Brands | Leads to price wars, impacting smaller players’ profitability |
| Seasonal Demand Fluctuations | All Types & Channels | Causes irregular sales, affecting inventory and cash flow |
| Distribution & Logistics Issues | Rural & Tier 2/3 Markets | Limits market reach, increases logistics and operational costs |
In the India Confectionery Market, the awareness among the consumers regarding health is growing, and this is the reason why producers have to change their formulations and invest in new materials or come up with new products with limited appeal. Western sweet treats can hardly take the share of the market that is still occupied by Indian traditional sweets. Moreover, logistics and cold chain problems are still limiting the reach of high-quality and delicate chocolate products in the hotter parts of the country. The price factor is still very important, especially in the less developed urban and rural areas, which is making the high-end strategy difficult to manage.
Here are some top companies contributing to India Confectionery Market Share.
| Field | Details |
|---|---|
| Company Name | Britannia Industries |
| Headquarters | Bengaluru, India |
| Established Year | 1892 |
| Official Website | Click Here |
Britannia Industries is a major player in the Indian confectionery market, offering a wide range of biscuits, cakes, and dairy products. Known for its trusted brands, it caters to diverse consumer segments and focuses on innovation, health-oriented products, and expanding its reach across urban and rural India.
| Field | Details |
|---|---|
| Company Name | Nestlé India |
| Headquarters | Gurugram, India |
| Established Year | 1961 (India Subsidiary) |
| Official Website | Click Here |
Nestlé India is a subsidiary of the global giant Nestlé S.A., offering popular confectionery brands like KitKat and Munch. It leverages strong distribution networks and invests heavily in product innovation, health-conscious options, and premium offerings.
| Field | Details |
|---|---|
| Company Name | ITC Limited |
| Headquarters | Kolkata, India |
| Established Year | 1910 |
| Official Website | Click Here |
ITC Limited is a diversified conglomerate with a strong presence in the confectionery segment through its brand Fabelle (premium chocolates). The company emphasizes quality, premium positioning, and expanding its footprint in the urban confectionery market.
| Field | Details |
|---|---|
| Company Name | Mondelez India Foods Pvt Ltd |
| Headquarters | Mumbai, India |
| Established Year | 2012 (After Acquisition of Cadbury India) |
| Official Website | Click Here |
Mondelez India is a subsidiary of Mondelez International, offering popular chocolate and candy brands like Cadbury Dairy Milk. It focuses on brand loyalty, innovative marketing, and wide availability across multiple retail channels.
| Field | Details |
|---|---|
| Company Name | Hershey India Pvt Ltd |
| Headquarters | Mumbai, India |
| Established Year | 2013 |
| Official Website | Click Here |
Hershey India operates as the Indian arm of the global Hershey Company, providing premium chocolate products and focusing on urban markets. The company emphasizes product innovation, quality, and expanding consumer reach through modern trade and e-commerce.
According to Indian government data, Food Safety and Standards Authority of India (FSSAI) supervises confectionery and chocolate labeling, safety, and ingredient levels. The Pradhan Mantri Kisan Sampada Yojana modernizes food processing units (including confectionery) and upgrades cold chain, packaging, and processing infrastructure. The “Make in India” campaign and food processing PLI incentives aim to reduce import dependence and stimulate investment in domestic confectionery manufacture.
The Indian confectionery market outlook is encouraging as a constant increase in sales is expected through the year 2031. The brands will be able to create separated segments for themselves by the ongoing transformation to premium, health-promoting, and personalized products. The penetration of e-commerce and modern retail into smaller cities will still more extend the reach. More focus on sustainability, clean label, and local flavors will motivate new products. Industry backing, infrastructure improvement, and going for digital marketing will quicken the market development even more.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Guneet Kaur, Senior Research Analyst, 6Wresearch, the chocolate segment is growing rapidly due to increasing consumer preference for indulgent and premium products. Its versatility across age groups and occasions drives higher demand, making it a key growth area in confectionery.
The online retail channel is expanding swiftly, fueled by growing internet penetration and changing shopping habits. Consumers appreciate the convenience and variety available online, which is encouraging impulse purchases and broader access to niche confectionery products across urban and semi-urban markets.
The report offers a comprehensive study of the subsequent market segments:
| 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 Confectionery Market Overview |
| 3.1 India Confectionery Market Revenues & Volume, 2021-2031F |
| 3.2 India Confectionery Market - Industry Life Cycle |
| 3.3 India Confectionery Market - Porter's Five Forces |
| 3.4 India Confectionery Market Revenues & Volume Share, By Type, 2021 & 2031F |
| 3.5 India Confectionery Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
| 4 India Confectionery Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Changing consumer preferences towards indulgence and premium confectionery products |
| 4.2.2 Increasing disposable income leading to higher spending on confectionery items |
| 4.2.3 Rising demand for gifting confectionery products during festivals and special occasions |
| 4.3 Market Restraints |
| 4.3.1 Health concerns and growing awareness about the impact of excessive sugar consumption |
| 4.3.2 Intense competition from other snack categories like healthier snacks and savory options |
| 5 India Confectionery Market Trends |
| 6 India Confectionery Market Segmentation |
| 6.1 India Confectionery Market, By Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 India Confectionery Market Revenues & Volume, By Type, 2021-2031F |
| 6.1.3 India Confectionery Market Revenues & Volume, By Sugar, 2021-2031F |
| 6.1.4 India Confectionery Market Revenues & Volume, By Chocolate, 2021-2031F |
| 6.1.5 India Confectionery Market Revenues & Volume, By Fine Bakery Wares, 2021-2031F |
| 6.1.6 India Confectionery Market Revenues & Volume, By Others, 2021-2031F |
| 6.2 India Confectionery Market, By Distribution Channel |
| 6.2.1 Overview and Analysis |
| 6.2.2 India Confectionery Market Revenues & Volume, By Supermarket/Hypermarket, 2021-2031F |
| 6.2.3 India Confectionery Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
| 6.2.4 India Confectionery Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
| 6.2.5 India Confectionery Market Revenues & Volume, By Convenience Stores, 2021-2031F |
| 6.2.6 India Confectionery Market Revenues & Volume, By Other Distribution Channels, 2021-2031F |
| 7 India Confectionery Market Import-Export Trade Statistics |
| 7.1 India Confectionery Market Export to Major Countries |
| 7.2 India Confectionery Market Imports from Major Countries |
| 8 India Confectionery Market Key Performance Indicators |
| 9 India Confectionery Market - Opportunity Assessment |
| 9.1 India Confectionery Market Opportunity Assessment, By Type, 2021 & 2031F |
| 9.2 India Confectionery Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
| 10 India Confectionery Market - Competitive Landscape |
| 10.1 India Confectionery Market Revenue Share, By Companies, 2024 |
| 10.2 India Confectionery Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |