Market Share of India Cake Industry
The Indian cake market is highly fragmented, particularly with the significant presence of numerous local and regional players. Monginis, Elite Foods, Frontier Biscuit Factory Pvt. Ltd, Winkies, etc., are the major players operating in the market. Whereas, Monginis is one of the prominent players in the market due to its diversified product portfolio. The major strategies adopted by the companies in the global bakery product market are new product launches, agreements, partnerships, expansions, and acquisitions. Many bakers are offering healthy alternatives to high-calorie and high-sugar products, which is anticipated to be a primary factor for market growth. Adding new flavors to the market is also expected to impact industry growth positively. The launch of long-shelf-life packaged cakes is witnessing high growth in the market across the country.
India Cake Market Leaders
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Monginis
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Britannia Industries Limited
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Parle Products Pvt Ltd
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Modern Food Enterprises Private Limited
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Elite foods
*Disclaimer: Major Players sorted in no particular order
