Confectionery is a set of food items that are rich in sugar;
modern usage may include substances rich in artificial
sweeteners as well.
Confectionery items include sweets, lollipops, candy bars,
chocolate, Cotton candy, and other sweet items of snack food.
world wide demand for chocolate confectionery is increasing,
with the EU being the world’s largest confectionery producer.
- The Indian
confectionery market is segmented into sugar-boiled
confectionery, chocolates, mints and chewing gums. Sugar-boiled
confectionery, consisting of hard boiled candy, toffees and
other sugar-based candies, is the largest of the segments and
valued at around Rs 2,000 crore.
Emerging markets already provide
one-third of the company’s confectionery revenues and represent
its main source of growth.
segment of the food processing industry, which is the second
largest in India with an annual turnover of Rs1,500 crore.
- The bread
market is estimated to be growing at around 7% pa in volume
terms, and the biscuit industry in the recent years has
witnessed a little higher growth at around 8-10% pa.
confectionery industry has a current capacity of 85,000 tonnes
and the growth rate per annum is 10-15%.
- In india
the total bakery production is estimated at 1.5 million ton in
bread and 1.1 mn ton in biscuit production. The cake industry is
estimated at 0.4 mn ton.
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