Indias bakery market is estimated to be worth Rs.16500 crore and it is growing impressively at 7.5 percent per annum.
Biscuits and breads comprise the major segment of India’s bakery industry, accounting for 82 percent of all bakery production in the country. It indicates that though the Indian bakery industry has of late been flooded with fashionable lifestyle products like croissants, muffins, designer cakes and high-end chocolates, it is still predominantly need-based.
Though of imported origin, over the years, breads and biscuits have graduated to become the needs of middle income and even lower middle income households in urban India. Biscuits became an integral part of India’s snacking habits during the latter half of the last century, and today India is the third largest producer of biscuits in the world, with only the US and China ahead of us in this regard. The immense role of biscuits and cookies in time-starved post-modern India’s snacking options cannot be overlooked.Today biscuits have high acceptance in India, across a gamut of socio-economic and demographic profiles and has significant penetration in rural India too. India is the largest biscuit consuming nation in the world. Most of the biscuit and cookie consumption in the country takes place in the east and north India.
Portending Impressive Growth
And the biscuit market in India is only expected to increase in the near future. According to a TechSci Research’s report titled ‘India Biscuit Market by Product Type (Plain Biscuit, Cookie, Sandwich Biscuit, Center Filled Biscuit & Others), By Sales Channel (Supermarket/Hypermarket, Convenience Store & Others), Competition Forecast & Opportunities, 2012 – 2022,’ India’s biscuit market stood at 3.9 billion USD in 2016, and was projected to grow at a CAGR of 11.27 percent in value terms, during 2017-2022, to reach 7.25 billion USD by 2022. The report was published in July 2017.
Diese Geschichte stammt aus der August-September 2018-Ausgabe von Bakery Review.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der August-September 2018-Ausgabe von Bakery Review.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Culinary Odyssey with Star-Studded Chef's Table Event
UNOX, one of the leading Italian brands, designers, and manufacturers of commercial ovens, providing a solution for every sector in the food industry, has reaffirmed its commitment to culinary excellence in India with a spectacular Chef's Table event at Cafe Panama in Mumbai, where Chef Dev Singh Negi, the renowned chef of Cafe Panama, hosted the event. The UNOX Chef's Table event featured a remarkable menu crafted and prepared by six celebrated chefs, each wielding the unparalleled power of UNOX combi ovens.
Third Wave Coffee Introduces New Culinary Creations
Third Wave Coffee, a coffee first QSR chain introduced an all-new menu, an extensive selection of culinary delights, include an extensive array of gastronomic delights that span multiple sub-categories, ranging from bagels and sandwiches to wraps, toasties, pancakes, hummus and pita, desserts, and more-a delightful augmentation to their existing range of culinary creations.
Tough Challenges to Sweetness
In life success comes often with a price, and the fragrance of rose is often accompanied by thorns. Similarly, in bakeries sweetness arrives at the taste buds after chartering successfully through a series of operational challenges and worries. Behind the glamour and creativity of bakery industry often lie grinding hard work and thoughtful planning.
Say Cheese to Parmesan
Produced in and around Parma, Reggio Made from raw cow's milk, ParmigianoPEmilia, Modena and Bologna (all in Reggiano is made by mixing the morning Lombardia), Italy, Parmigiano-Reggiano, commonly known as Parmesan in English, is a hard, cooked, granular cheese.
Tiered for Celebrations
Inspired by the spire of a church and triggered by a baker's urgent need to express love, tiered cakes have gained currency over the years as they add extravaganza to an occasion
Whipping up the Cream
Whipped cream is used as an integral ingredient in a number of bakery items.
For Success in Bakery Business
The Indian bakery business is going through an impressive growth phase habits of people, bakery products have gained popularity among the masses of India.
Cocky Cookies
Cookies which come in a multitude of shapes, sizes, colours and flavours have been proving popular with consumers of all ages. And their popularity has risen over the last couple of years when the people were forced to work from home during the pandemic.
Mama Mia! Its Pizza Italiana!
Pizza, an international snack which has become extremely popular in India, is projected to exhibit a growth rate (CAGR) of 10.7% during 2023-2028. IMARC contributes this to the increasing adoption of Western dietary habits, the growing number of manufacturers financing promotional activities and the expansion of pizza chains. India is believed to have an insatiable appetite for pizzas.
NRI Chaiwala Expands in North India
NRI Chaiwala announced the expansion of its footprints in North India with the opening of its new outlets in Jaipur, Uttar Pradesh, Punjab, and Jammu.