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NEW YORK, Oct. 14, 2022 /PRNewswire/ — The namkeen market in India is expected to grow by USD 2.88 billion during 2021-2026, at a CAGR of 7.73% during the forecast period. The market is driven by the Rising retail space in tier-II and tier-III cities of India. In addition, the is anticipated to boost the growth of the Namkeen Market in India.
Parent Market Analysis
Technavio categorizes the global Namkeen Market in India as a part of the global Packaged Foods & Meats market within the global Consumer Staples market. External factors influencing the parent market’s growth potential in the coming years have been thoroughly investigated in our research analysis, to know more about the levels of growth of the Namkeen Market in India throughout the forecast period. Request Free Sample Report.
Namkeen Market in India Value Chain Analysis
The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the internet and direct marketing retail market includes the following core components:
- Inputs
- Inbound logistics
- Operations
- Outbound logistics
- Marketing and sales
- Service
- Support activities
- Innovation
To unlock information about vendor drive costs and customer service, Buy a sample report.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
Major Five Namkeen in India Companies:
- Balaji Wafers Pvt. Ltd.: The company offers a wide range of namkeen such as yumstix, Punjabi tadka, tikha mitha mix, banana …
Full story available on Benzinga.com
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