The Indian bakery market size reached USD 13.8 Billion in 2024. As per the analysis by IMARC Group, the market is expected to reach USD 31.5 Billion by 2033, exhibiting a growth rate (CAGR) of 9.12% during 2025-2033. The top Indian bakery companies are focusing on and making extensive investments in product innovations, collaborations, and acquisitions to strengthen their hold in the market. In line with this, the growing inclination toward quick and convenient food options and baked goods due to changing lifestyles and busy schedules is favoring the market growth. Furthermore, some of the baked products, such as bread, buns, and oat cookies, offer various essential nutrients and are rich in iron, energy, fat, calcium, fiber, protein, vitamins, and minerals, which, in turn, is propelling the market growth.
Additionally, the rising Western influence and changing food habits are escalating the demand for bakery products such as cakes, pastries, and bread. Moreover, manufacturers are focusing on introducing healthy, low-trans-fat, multi-grain, and whole wheat bakery products due to the rising health consciousness among consumers, which is providing an impetus to the market growth. Besides this, the increasing consumption of ready-to-eat (RTE) food and bakery products, the thriving e-commerce sector, evolving lifestyles and eating habits, rising expenditure capacities of consumers, and enhanced focus on research and development (R&D) activities, are creating a positive outlook for the market.
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The India bakery market has several major players including Anmol Industries Limited, Bonn Group, Britannia Industries Limited, ITC Limited, Mondelez International, Mrs Bectors Food Specialities Ltd, Parle Products Pvt. Ltd., Ravi Foods Pvt Ltd, and Surya Food & Agro Limited. More information about these companies has been provided below.
Establishment: |
1994 |
Headquarters: |
Kolkata, India |
Website: |
https://www.anmolindustries.com |
Anmol Industries Limited is a well-known company in India's confectionery and bakery industry that focuses on producing high-quality biscuits, cookies, and bakery items. The company has established a strong brand name with its varied product range of cream biscuits, crackers, digestive biscuits, and specialty cookies catering to various consumer groups. Anmol Industries uses cutting-edge manufacturing technologies and has stringent quality control processes to provide consistent product standards across its portfolio. The company has a strong distribution network across urban and semi-urban markets across India serving individual consumers as well as institutional customers via modern retail chains and traditional trade channels.
Establishment: |
1985 |
Headquarters: |
Punjab, India |
Website: |
https://bonn.in/ |
Bonn Group of Industries is now a top bread improver manufacturer, bakery ingredient, and specialty food item producer in India and global markets. The company is committed to supplying innovative solutions to commercial bakeries, food manufacturers, and hospitality industries through its comprehensive line of bread improvers, cake gels, emulsifiers, and preservatives. Bonn Group is focused on research and development to develop products that improve texture, shelf life, and nutrition of bakery products in accordance with changing consumer demands. With advanced manufacturing facilities and an effective technical support team, the company supplies more than 5,000 bakeries in India and exports to over 25 countries, making it a go-to partner in the bakery ingredients business.
Establishment: |
1892 |
Headquarters: |
Bengaluru |
Website: |
https://www.britannia.co.in/ |
Britannia Industries Limited is an Indian food company primarily involved in the manufacturing and sale of biscuits, cakes, bread, rusk, and dairy products. It offers an extensive range of products, including popular brands like Good Day, Marie Gold, Tiger, Bourbon, and NutriChoice. The company aims to expand its product portfolio beyond biscuits and cakes, with a focus on health and wellness products. As a result, they have launched several products under the NutriChoice brand, which includes digestive biscuits, oats cookies, and high-fiber bread. The company is committed to providing quality, innovative, and customer-satisfactory products through sustainable packaging solutions, reducing food waste, and developing environmentally friendly products.
Establishment: |
1910 |
Headquarters: |
Kolkata |
Website: |
https://www.itcportal.com/ |
ITC Limited is an Indian multinational conglomerate company that focuses on innovation and research and development (R&D). The company has a diverse portfolio of businesses that includes fast-moving consumer goods (FMCG), hotels, paperboards and specialty papers, packaging, agribusiness, and information technology (IT). Some of the popular food and bakery brands owned by ITC Limited include Aashirvaad, Sunfeast, Bingo!, Yippee!, and Kitchens of India. The company has been introducing new products and flavors to cater to the changing tastes and needs of consumers. Apart from this, the business has been significantly investing in technology to improve its manufacturing processes and supply chain management. ITC has received several awards and recognitions for its quality and sustainability initiatives.
Establishment: |
2012 |
Headquarters: |
Mumbai, India |
Website: |
https://www.mondelezinternational.com/india/ |
Mondelez International is a global snacking and confectionery powerhouse with a robust presence in the Indian bakery market with its iconic brands Oreo, Cadbury, and Halls. The organization has positioned itself strategically in the premium and mass-market segments with innovative products that blend international standards with local tastes. Mondelez invests in digital transformation, sustainability programs, and ongoing product innovation to continue competitive leads in the Indian market. Mondelez has invested significantly in local manufacturing capacity, with production facilities set up in India to meet local demand while cutting costs and environmental pressures.
Establishment: |
1980 |
Headquarters: |
Gurugram, Haryana |
Website: |
https://www.bectorfoods.com/ |
Mrs Bectors Food Specialities Limited has emerged as a leading company in India's bakery sector with expertise in high-quality bread, buns, cakes, and cookies for the domestic and international markets. The company has cutting-edge manufacturing units equipped with sophisticated automation technology to provide consistent quality and hygiene levels across the product range. Mrs Bectors supplies large quick-service restaurant chains, hotels, airlines, and retail consumers through its B2B and B2C divisions, with significant collaborations such as those with McDonald's India for burger buns and other QSR needs. The organization focuses on product innovation with the launch of organic, multigrain, and health-oriented variants to address changing consumer tastes while keeping up with competitive pricing strategies.
Establishment: |
1929 |
Headquarters: |
Vile Parle (East), Mumbai, Maharashtra |
Website: |
https://www.parleproducts.com/ |
Parle Products Private Limited is one of India's leading fast-moving consumer goods (FMCG) companies with a wide range of products under its portfolio. It holds several biscuit brands under its umbrella, including Hide & Seek, Parle-G, Monaco, Krackjack, and 20-20. The company has a strong focus on research and development (R&D) and has invested in modern technology to improve its manufacturing processes. It also deals in a range of confectionery products, such as candies and toffees under the brand's Melody, Londonderry, Melody, Kismi, Poppins, and Mango Bite. In addition, Parle Products Private Limited has implemented several initiatives to reduce its environmental footprint, support education, health, and welfare programs in the communities, protect national heritage, art, and culture, and promote health care, including preventive health care and sanitation.
Establishment: |
1988 |
Headquarters: |
Hyderabad, India |
Website: |
https://ravifoodproducts.com/ |
Ravi Foods Pvt Ltd has made a mark in India's bakery industry as a niche player in premium bakery ingredients, bread improvers, and ready-to-bake mixes catering to commercial bakeries and food service operations. The company specializes in offering technical solutions to improve the quality, shelf life, and consistency of baked goods and assist customers in streamlining their manufacturing processes. Ravi Foods focuses on research and development to formulate innovative products that cater to the particular needs of various bakery segments, such as artisan breads, industrial baking, and specialty items. The firm has established strong relationships with bakeries in South India and is now growing its presence in other parts of the country by way of strategic alliances and direct selling efforts.
Establishment: |
1992 |
Headquarters: |
Noida, Uttar Pradesh |
Website: |
http://priyagold.com/ |
Surya Food and Agro Limited is a leading company known for its popular food brand ‘Priyagold’, which produces premium biscuits, along with cookies, cakes, and rusk. The manufacturing facilities are equipped with advanced and latest machinery and technology, which helps them maintain high-quality product safety and quality standards. The company has a strong distribution network through which they offer a wide range of products, such as Butter Bite, CNC, Snacks Zig Zag, Marie Lite, Snakker Choco Sandwich, Cheese Cracker, Butter Delight, Butter Milk, and Magic Fruit Cake. Surya Food and Agro Limited’s product portfolio caters to different segments of the market, including kids and health-conscious consumers.
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About Author:
Aditi Kumar Senior Content Writer at IMARC Services Private Limited Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels. |