The India snacks market size reached INR 46,571.3 Crore in 2024. As per the analysis by IMARC Group, the top snack companies are heavily investing in introducing value-added products in different flavors, textures, and seasonings to diversify their consumer base and expand their product portfolio, thus providing a boost to the market. Moreover, the rising health consciousness has shifted consumer preference towards natural, organic, vegan, low-calorie, and gluten-free snack variants, which is propelling the demand for snacks across the country. In line with this, with busy lifestyles and changing work patterns, consumers are looking for convenient and portable snack options. This has led to the popularity of individually packaged snack products, such as snack bars, trail mixes, and protein snacks.
The outlook for the market is encouraging, with IMARC Group expecting the value to reach INR 1,01,811.2 Crore by 2033, exhibiting a growth rate (CAGR) of 8.63% during 2025-2033. This growth is driven by the implementation of various quality standards, which prevent the occurrence of food-borne illnesses and digestive problems. Apart from this, the wide availability of various vegan snacks due to the increasing adoption of vegan lifestyle habits among the masses is strengthening the market. Additionally, the rising export of various Indian snacks to Western countries, along with the increasing popularity of various fusion snacks that have a blend of Indian and Western spices, is contributing to the market growth.
Learn about opportunities, challenges, and trends in the Indian snacks market with IMARC’s market research report. Try a free sample today!
The India snacks market has several major players including Balaji Wafers & Namkeens, Bikaji Foods International Limited, Bikanervala, Haldiram Snacks Food Pvt. Ltd., ITC Limited, Parle Products Pvt. Ltd, PepsiCo, Prataap Snacks Limited, Sundrop Brands Limited, and TTK Foods. More information about these companies has been provided below.
Establishment: |
1974 |
Headquarters: |
Gujarat, India |
Website: |
https://www.balajiwafers.com |
Balaji Wafers Pvt. Ltd. is a privately owned Indian snack food company. It offers a wide range of snack foods, such as potato chips, namkeen, and other savory snacks. The company has won several awards and recognitions for its quality products and innovative marketing strategies. It has installed solar panels to generate clean energy and reduce its reliance on non-renewable energy sources. Additionally, the company has set up a waste management plant to recycle waste generated during its manufacturing process. It has been actively involved in several community development initiatives, such as providing education, healthcare, and sanitation facilities to underprivileged communities. The company also launched products, including Masala Rings, Chatpata Sticks, and Tomato Twist.
Establishment: |
1986 |
Headquarters: |
Rajasthan, India |
Website: |
https://www.bikaji.com/ |
Bikaji Foods International Limited is one of India’s leading fast-moving consumer goods (FMCG) companies, renowned for its wide portfolio of traditional Indian snacks, sweets, and packaged foods. Its diverse product range includes bhujia, namkeens, papads, sweets, frozen foods, and ready-to-eat items, catering to the evolving tastes of modern consumers while preserving authentic Indian flavors. Bikaji operates with a strong distribution network spanning general trade, modern retail, e-commerce, and exports to over 45 countries. With an emphasis on quality, innovation, and hygiene, the company leverages advanced manufacturing facilities to deliver products that meet global standards. Bikaji continues to strengthen its brand identity by blending tradition with modernity, aiming to become a global ambassador of Indian snacking culture while enhancing consumer satisfaction and trust.
Establishment: |
1950 |
Headquarters: |
New Delhi, India |
Website: |
https://www.bikanervala.com |
Bikanervala is a food and hospitality company based in India. Its product line includes a wide range of Indian sweets, snacks, and savories, as well as ready-to-eat meals, beverages, and desserts. It is committed to maintaining the highest standards of quality, hygiene, and customer service. The company is dedicated to promoting traditional Indian food and culture and is constantly innovating and expanding its product line to meet the changing needs of its customers. It has developed a range of sugar-free sweets that are suitable for diabetics and health-conscious consumers. The company has launched several health and hygiene campaigns to raise awareness about the importance of cleanliness and sanitation.
Establishment: |
1937 |
Headquarters: |
Nagpur, India |
Website: |
http://www.haldiram.com |
Haldiram Snacks Private Limited is a food and beverage company based in India. It offers a variety of Indian sweets, snacks, savories, frozen foods, and ready-to-eat meals. The company has implemented several measures to reduce its energy consumption, such as installing energy-efficient lighting and equipment in its manufacturing facilities, restaurants, and offices. Additionally, it has implemented waste reduction and recycling programs to minimize its environmental footprint. The company has also undertaken several community development initiatives, such as building schools, providing vocational training to youth, and supporting local farmers through sustainable agriculture programs. Besides, it uses a user-friendly website and mobile app that allows customers to browse and order their favorite snacks from the comfort of their homes.
Establishment: |
1910 |
Headquarters: |
Kolkata, India |
Website: |
https://www.itcportal.com |
ITC Limited is an Indian conglomerate with a diversified business portfolio, including fast-moving consumer goods (FMCG), hotels, paperboards, packaging, agribusiness, and information technology. The company offers a wide range of products, such as flour, biscuits, snacks, noodles, juices, and personal care products. It has a strong focus on sustainability and works closely with farmers to promote sustainable farming practices and improve their livelihoods. The company has launched several successful products, such as Aashirvaad multigrain atta, Sunfeast Dark Fantasy Choco Fills biscuits, and Fiama Di Wills shower gels. Besides, it has implemented several measures to reduce water usage, waste generation, and carbon emissions and has also invested in renewable energy sources such as wind and solar power.
Establishment: |
1929 |
Headquarters: |
Mumbai, India |
Website: |
https://www.parleproducts.com |
Parle Products Private Limited is an Indian food company. Its product portfolio includes Parle-G, Monaco, Krackjack, Hide & Seek, Milano, and Melody. It has introduced new packaging formats for its products, such as single-serve packs and resealable pouches. The company has launched Parle Platina, a line of premium snacks, and also entered the soft Indian drinks market with the launch of Frooti Fizz. It has implemented a robust waste management system across its manufacturing facilities, which includes recycling and reuse of waste material. The company has undertaken several social initiatives to contribute to the well-being of society. The company runs educational programs for children in rural areas and has also set up a foundation to support various social causes such as education, healthcare, and disaster relief.
Establishment: |
1965 |
Headquarters: |
New York, United States |
Website: |
https://www.pepsico.com |
PepsiCo is a multinational corporation that operates in the food and beverage industry. The company offers a wide range of products, including Lay's, Doritos, Cheetos, Tostitos, carbonated soft drinks, juices, and other non-alcoholic beverages. It is working on reducing the amount of plastic in its packaging and has launched several pilot projects to test new packaging solutions. The company has also implemented water conservation measures in its operations and has invested in community-based water programs to improve access to clean water in the areas where it operates. It is also investing in innovative packaging solutions to reduce its environmental impact and improve the consumer experience. The company has launched several sustainable packaging initiatives, including its SodaStream brand, which allows consumers to make their own sparkling water at home using reusable bottles.
Establishment: |
2009 |
Headquarters: |
Indore, India |
Website: |
https://www.yellowdiamond.in |
Prataap Snacks Limited is an Indian snack food company. Its product portfolio includes Aloo Bhujia, Bikaneri Sev, Chana Dal, Chulbule, and Puffcorn. The company is committed to sustainability and has implemented several initiatives to reduce its environmental impact. These initiatives include reducing water usage in its manufacturing operations, optimizing energy usage, and reducing waste. It has implemented several measures to conserve water across its manufacturing facilities, including rainwater harvesting, recycling wastewater, and installing water-efficient equipment. The company has launched a new product called Yum Pie which is a baked savory snack made with whole wheat flour, available in various flavors, including cheese, onion, and pizza.
Establishment: |
1986 |
Headquarters: |
Haryana, India |
Website: |
www.sundropbrands.com |
Sundrop Brands Limited is a distinguished entity in India’s food and edible oil sector, recognized for delivering high-quality and nutritionally balanced products under the widely trusted Sundrop brand. The company maintains a comprehensive portfolio encompassing refined sunflower oil, rice bran oil, blended edible oils, and a growing range of value-added food products, including peanut butter, spreads, and ready-to-cook items. With a commitment to health, taste, and quality, Sundrop Brands employs advanced refining processes and stringent quality control measures to ensure superior product standards. Its robust distribution network spans across urban and rural markets, enabling the brand to reach millions of households nationwide. Guided by principles of innovation, consumer trust, and sustainability, Sundrop Brands Limited continues to enhance its product offerings in line with evolving dietary preferences and lifestyle trends.
Establishment: |
1958 |
Headquarters: |
Karnataka, India |
Website: |
https://ttkfoods.com |
TTK Foods is a division of TTK Healthcare Limited, an Indian company that operates in the healthcare, consumer products, and food segments. The company's product portfolio includes ready-to-cook and ready-to-eat products, snacks, sweets, and beverages. It is committed to sustainability and has implemented several initiatives to reduce its environmental impact. The company has implemented water conservation measures in its manufacturing facilities. It has installed rainwater harvesting systems, and it has also implemented a system to recycle and reuse wastewater. The company uses eco-friendly packaging materials such as paper, glass, and aluminum, which are recyclable and biodegradable. It has established a waste segregation system, and it has also implemented composting programs in its facilities.
About the 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. |