Biscuit Industry in India in the organized sector produces around 60% of the total production, the balance 40% being contributed by the unorganized bakeries. Biscuit can he broadly categorized into the following segments: Glucose 44% Marie 13% Cream 10% Crackers 13% Milk 12% others 8%. India is considered as the third largest producer of Biscuits after USA and China.
As per the Indian Biscuit Manufactures Association (IBMA), India produces 5,000 tons of biscuit everyday which gets well absorbed in market. Some of the major players operating in the India biscuit market are Parle Products Pvt. Ltd., Britannia Industries, ITC Limited, Mondelez India Foods Private Limited, Surya Food & Agro Ltd., Anmol Biscuits Ltd., SAJ FOOD PRODUCTS (P) LTD, UNIBIC Foods India Pvt. Ltd., Dukes Products India Limited, Patanjali, and Cremica.
The main raw materials for the manufacture of biscuits is as follows:
India biscuit market stood at staggering $ 3.9 billion mark, and is projected to grow at a CAGR of 11.27%, in value terms, expected to reach $ 7.25 billion by 2022. Moreover, India is one of the largest countries as far as biscuit consumption is concerned. Biscuits are India’s largest consumer product segment, worth Rs 35,000 cr., and grew 2.5% in the April-June quarter. Biscuits costing more than Rs 100 per kilo, the premium version, account for two thirds of the market and grew 8%.
IT SHOULD BE NOTED THAT THE ABOVE MENTIONED FIGURES AND INFORMATION IS TENTATIVE. AS BISCUIT CONSULTANTS, WE RECOMMEND TECHNO- ECONOMIC FEASIBILITY REPORT TO UNDERSTAND EXACT DETAILS TO THE ABOVE MENTIONED INFORMATION.