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What is Overview of India about?
The confectionery industry in India has grown significantly in recent years. It is categorized into chocolate, gum, and sugar confectioneries. Major players like Cadbury, Nestle, and Ferrero dominate the market, with Cadbury having the largest share of around 49%. While still fragmented, the market was worth $197 billion in 2014 and is projected to grow at a 24.67% CAGR to 2021. Increasing incomes and urbanization along with marketing campaigns have driven the industry
- Author
- abdul rehman
- Language
- EN