India has a whopping Rs. 40,900
Cr snack food market that includes potato chips, wafers, soya sticks, banana
chips, farsaan, chivda, papdi, shev, nuts, dals, chana jor, etc. Manufacturers
across the country have witnessed a steep rise in the sale of Indian
snacks and have therefore
aligned their manufacturing targets to meet this growing demand. In this
scenario snacks
packaging has gained a
significant role in the manufacturing and marketing of snack food.
Thanks to a growing population and rising income levels, the Indian food
sector has seen a marked change over the years. For packaged snack foods
these fundamentals are complemented by two further growth drivers; convenience
and the changing eating habits of Indians.
With nucleus families
leading busier urban lives, the time and resources for regular home cooking have
become scarce. At the same time longer working hours and lengthy tiring commutes
make it difficult for conventional type of sit-down meals at home. Snack foods like
variants of namkeen, sweets and wafers have been a long-time favorite in the
Indian diet and now packaged and branded variants of snack foods have become the natural solution
to the culinary cravings induced by the modern Indian lifestyle. The combination
of these factors is propelling the organized snack food sector toward a
projected compound annual growth rate of 17% from 2015 to 2018.
Trends in the market
Snack foods
manufacturers must balance the urge to respond to
prevailing trends in the broader market place with an in-depth study of their
target customers. Whilst positive change is an integral part of success in
fast-moving consumer goods, if it is not carried out by consumer choice it will
result in failure. Consumers of a premium snack food brand may be largely
indifferent to changes in price given the small part of their budget such
purchases account for. What is more, by adopting a lower cost positioning or
offering cheaper variants, such a company could actually undermine its value
proposition to its target segment.
To counter this risk, snack food companies should closely study the
micro trends occurring within their target customer group as well as following the
macro trends affecting the sector as a whole. Such an approach will give
companies the confidence to take a new perspective of the competition wherever
it better serves their customers.
Nichrome is one of the top snacks
& namkeen packaging machine manufacturers in India that provide highly
advanced and specially designed snack
packaging machines. The premium quality namkeen
& snacks packaging machines offer higher speed & accuracy in
performance ensuring minimal product wastage & innovative packaging solutions for a wide range of products like
potato chips, puffed snacks, wrapped candies, breakfast cereals, soya chunks,
Indian namkeen like chivda. The namkeen & snacks packaging machines
also ensure that the packaging maintains the quality & freshness of these
products.
It also allows to pack the snack food in
a variety of pouch formats of different types & sizes, like, center seal
pillow pouch, gusset pouch etc. Contemporary packaging will help enhance your
brand value increasing product shelf life & availability.
Nichrome also serves a number of other
industries and provides various other packaging machines for food and
non-food products including pharmaceutical, salt packaging machine, oil
packaging machine, sugar packaging machine, milk packaging machine and so on.
To know more about automatic namkeen & snacks packaging machine
from the pioneer in packaging solutions, visit http://www.nichrome.com/
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