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Savory Snacks in India, 2020 - Top Growth Opportunities

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Savory Snacks in India, 2020 - Top Growth Opportunities

Summary

Top Growth Opportunities for Savory Snacks in India provides recommended actions and detailed analysis of how to target the best growth opportunities for Savory Snack producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Savory Snack markets in India through GlobalData’s detailed and robust data, expert insight, and case studies.

GlobalData’s Top Growth Opportunity reports use a risk versus reward opportunity model to identify the best growth markets for Savory Snacks producers. Through this in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target them.

Top Growth Opportunities for Savory Snacks in India provides an overview of the Savory Snack market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData’s proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for Savory Snack producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscapes.

Get access to -

- Key consumer demographic groups driving consumption within the Indian market. Improve your consumer targeting by understanding who’s driving the market, what they want, and why
- A study of market value and volumes over 2014-2019 for India supplemented with category, brand and packaging analysis that shows the current state of the market, and how it will evolve over the 2019-2024 period
- White space analysis, to pinpoint attractive spaces in the market and the key actions to take
- Insight into the implications behind the data, and analysis of how the consumer needs will evolve in the short-to-medium term future
- Examples of international and regional product innovation targeting key consumer needs

Scope

- In GlobalData’s “Top Confectionery Opportunity” rankings, India was placed at 13th with a score of 82.6 and was valued at US$8,631.3 million in 2019
- The Indian savory snacks sector ranked last in terms of per capita expenditure in US dollar terms amongst the world’s top eight savory snacks markets in 2019. However, the per capita expenditure in the Indian savory snacks sector registered a strong growth of 18% over 2014-2019.
- The overall savory snacks sector in India grew from US$3,562.1 million in 2014 to US$8,631.3 million in 2019, registering a CAGR of 19.4% during 2014-2019. Furthermore, the sector is expected to grow at a CAGR of 3.2% to reach US$44,880.1 million by 2024

Reasons to Buy

- This report brings together consumer analysis and market data to provide actionable insight into the behavior of Indian Savory Snack consumers.
- This is based on GlobalDatas unique consumer data, developed from extensive consumption surveys and consumer group tracking, which quantifies the influence of 20 consumption motivations in the Savory Snack sector.
- Category, brand, and packaging dynamics are also examined. This allows product and marketing strategies to be better aligned with the leading trends in the market.

TABLE OF CONTENTS

1. Introducing a top growth market for Savory Snacks
Top 10 global growth opportunities scores
Top global issues
Assessment against global strategic issues
GlobalData’s strategic issues map
Predicted future issues for the global sector
Reward and risk assessment
Opportunity score - overview
Consumer spending trends - peer group comparisons
Political, Economic, Social, and Technological: Analysis
Enablers and inhibitors of growth
Rewards and opportunities for growth
Summary of the market
2. Market insight - identifying the opportunities to move into
Market growth by category
Value growth of the market
Volume growth of the market
Level of premiumization by category
Category analysis - key drivers of change
3. Retail and distribution insight - key channels and retailers driving growth
Savory Snacks retail channel share
Key Retail Channel trends
Routes to market
Drivers of change in the sector
4. Company and brand insight - the competitive landscape defined
Category fragmentation
Company and brand strength
Private label penetration
Brand share by leading supplier
International and domestic brand analysis
Company and brand strength summary
5. Consumer insight - who, what, when, where and why
Strategic issues map
Key consumer driver implications
Key consumers trends
Consumer groups
Key Health & Wellness trends
Penetration of Health and Wellness claims by category
Consumer trends summary
6. Product and packaging insights
Key Product Insights
Trends and strategic issues - other notable product trends
Key product innovation case studies
Key Packaging Insights
Trends and strategic issues
Product launch key takeouts
7. White spaces and innovation opportunities - space to move into
Growth segments to target
Segment opportunities
Consumer spaces to target
Price dynamics

List Of Tables

Visualization of 10 countries growth opportunities
Visualization of 10 countries growth opportunities (continued)
Reward and risk assessment
Market value and split, 2014-2024
Winners and losers by category, value, 2019-2024
Winners and losers by category, volume, 2019-2024
Routes to market, number of outlets
Key consumption volume shares by consumer group, 2018
Key consumption motivators by category, 2018
Consumption volume shares by consumer group
Average price change by brand, 2019

List Of Figures

Map of top opportunity markets
Map of top global issues
Global issue web
GlobalData’s strategic issues map
Average consumer spend, peer group comparisons, 2013-2024
Market value and split, 2013-2024
Value growth by category, 2014-2019 and 2019-2024
Value market growth by category, 2013-2024
Winners and losers by category, volume, 2019-2024
Value and volume growth by category, 2013-2024
Private label penetration and CAGR, 2014-2019
Cumulative value share by brand, 2019
Penetration of Health and Wellness claims by category, 2019
Packaging materials volume share, 2019 & 2024
Packaging closure materials volume share, 2019 & 2024
Projected CAGR for top five categories by value, 2019-2024
Price change by category, 2019

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