SURESH RATHORE’s Post

What's tracking in snacking? Some interesting new positionings, that's for sure. Overall global snack sales are on track to surpass USD680 billion in retail sales in 2024, marking a 5.6% increase from 2023. While inflation is slowing and promotions are peaking, the industry still faces challenges like the cocoa crisis and consumers' reassessment of their snack spend. Euromonitor International’s snacks research has identified five key trends set to shape the snacks market in the year ahead. #Snacks #FoodIndustry #MarketTrends

At India's first Healthy Snacking Summit, we hosted another engaging panel discussion on "Nurturing the Next Generation of Healthy Snacking". The panel featured prominent industry leaders Hariharan Premkumar, Managing Director & Head of India at DSG Consumer Partners; Arjun Vaidya, Founder of V3 Ventures; Alka Goel, Founding Partner at Alkemi Growth Capital; and Siddharth Borkar, India M&A Head at Orkla. Their diverse perspectives provided deep insights into the future of healthy snacking. Hariharan Premkumar shared, “We believe that low sugar and protein fortification are two themes that will become really popular. The Indian palate is widening, and we have a great opportunity to create new healthy snacking categories.” Adding to the conversation, Arjun Vaidya said, “Roughly 50% of household income is spent on food. We are price sensitive when it comes to food, so pricing is an important driver to consumption. While we talk about health, we need to make healthy foods and beverages more affordable.” Their insights underscored the critical factors driving the healthy snacking industry forward. This panel was a standout session, reinforcing our mission to help India take a step towards a better tomorrow. The day was filled with munching, mingling, and mind-blowing insights, leaving attendees inspired and equipped to embrace the evolving landscape of healthy snacking. #FarmleyIndianHealthySnackingSummit #IHSS #IndianHealthySnackingSummit #FarmleyHealthySnackingReport

Global snack sales are on track to surpass USD680 billion in retail sales in 2024, marking a 5.6% increase from 2023. While inflation is slowing and promotions are peaking, the industry still faces challenges like the cocoa crisis and consumers' reassessment of their snack spend. Euromonitor International’s snacks research has identified five key trends set to shape the snacks market in the year ahead. #Snacks #FoodIndustry #MarketTrends

Global snack sales are on track to surpass USD680 billion in retail sales in 2024, marking a 5.6% increase from 2023. While inflation is slowing and promotions are peaking, the industry still faces challenges like the cocoa crisis and consumers' reassessment of their snack spend. Euromonitor International’s snacks research has identified five key trends set to shape the snacks market in the year ahead. #Snacks #FoodIndustry #MarketTrends

Global snack sales are on track to surpass USD680 billion in retail sales in 2024, marking a 5.6% increase from 2023. While inflation is slowing and promotions are peaking, the industry still faces challenges like the cocoa crisis and consumers' reassessment of their snack spend. Euromonitor International’s snacks research has identified five key trends set to shape the snacks market in the year ahead. #Snacks #FoodIndustry #MarketTrends

The Healthy Revolution: How India's Snack Industry is Shifting Gears The Indian snack industry, valued at ₹3.75 trillion, is evolving rapidly with a strong consumer shift toward healthier, low-fat options, similar to the trends seen across Southeast Asia and China. The projected CAGR of the healthy snacking sector will reach over 20% from 2020 to 2025. A survey of over 6000 Indian consumers revealed that 73% will read the ingredients list and nutritional value of snack products before purchase, with 9 out of 10 seeking out healthier options. Not only are consumers seeking snacks that match their nutritional preferences, but they are also wanting more transparency when it comes to the sourcing of ingredients and the production process. All of these factors mean that innovation within the snack category has vast untapped potential. Examples include the inclusion of superfoods in snack recipes, healthier snack production processes such as popping and baking, and innovative flavors that are in line with the culinary and regional heritage of consumers. As the Indian snack market continues to grow and expand, the opportunity for brands is immense. Reach out to RedFern Digital for more information! #RedFernDigital #IndianSnackMarket #HealthySnacking #SnackIndustryTrends #FoodInnovation #Opportunities

Global snack sales are on track to surpass USD680 billion in retail sales in 2024, marking a 5.6% increase from 2023. While inflation is slowing and promotions are peaking, the industry still faces challenges like the cocoa crisis and consumers' reassessment of their snack spend. Euromonitor International’s snacks research has identified five key trends set to shape the snacks market in the year ahead. #Snacks #FoodIndustry #MarketTrends

Shared my thoughts on India’s snacking space 🍞🥜 Covered by Apurva at ET I feel India’s snacking habits are evolving but Indulgent foods still dominate, as people learn more about nutrition, they’re slowly shifting to healthier options. The “Better-for-You” (BFY) snack segment has significant potential in the long term. The biggest challenge for BFY brands is balancing health, taste, and affordability—consumers want products that are genuinely healthy without compromising on flavor or stretching their budgets. It’s an exciting one for brands willing to innovate. Some brands in the space are TheHealthFactory Let's Try Wholsum Foods (Slurrp Farm and Millé) #FoodInnovation #BetterForYou #ConsumerTrends #ConsumerBrands #Startups #VC

#SUGARFREE products are becoming more and more popular across consumers and this is one of many reasons why #DIABLO should be on your shelves: As consumers become increasingly wary of sugar content, CPG companies are meeting the demand for #zero-sugar products with the help of natural sweeteners, a trend set to gain momentum in the US as regulators and scientists push for reductions. Overall, the zero-sugar food and beverage markets are expected to grow in 2024 and beyond, as consumers continue to look for products to support their health. Zero-sugar has gradually '' replaced what used to be the diet'' trend and has become a claim consumers seek out on packaging. The global zero-sugar food and beverage market is expected to grow from $19.17bn in 2023 to $23.30bn in 2028, growing at a 3.98% CAGR during the time. Most consumers (72%) are looking to limit or avoid sugar altogether, according to the International Food Information Council's 2023 Food and Healthy survey of more than 1000 consumers. So if that does not convince you to start stoking #DIABLO, you simply are going to always stay behind in the world of business :) Get in touch today! [email protected] Diablo Sugar Free #fmcg #wholesalefood #confectionerybuyer #confectionery #distribution