Top 10 Leaders in Food & Confectioneries - 2021

The Indian confectionery market is one of the rapidly growing in the world with achievements of strong revenue. According to the Statista report, the revenue generated from the Indian confectionery and snacks section is expected to witness heavy growth and reach US$72,263m in 2021. In the duration between 2021 and 2025, the market is projected to grow yearly by a CAGR of 6.4 percent. And as per a market research report by Euromonitor, chocolate confectionery is projected to witness INR 148 billion in 2022. As the instrumental steps by the Indian Government increase, the entire food market will be thriving with growth and development, contributing to the overall food processing industry. The Ministry of Food Processing Industries (MoFPI) is highly encouraging for investments in this business section and has also approved joint venture (JV) proposals, foreign collaborations, industrial licenses, and is focused on 100 percent exports of units. And now, in this era of food innovation, health, and hygiene, which have gained optimum importance, the leaders present in the different units of food and confectionery franchises in India are leading with experience and demands. Under the supervision of the leaders, the teams of the respective food and confectionery franchise units are exceedingly cautious about sanitization, gloves, and caps at the workplace and they are always creating an orderly and pleasant environment for the visitors. They also ensure raw materials qualify the norms and suppliers have qualified professionals for testing. In this issue of the CEO Insights magazine, a list of ‘Top 10 Leaders in Food & Confectioneries - 2021’ is provided to the readers to know the stories of success of the sector. The stories also state the journey of the leaders which are motivating and encouraging. The listing provides detailed information about the leaders who are selected by a panel of industry veterans, CEOs, and VCs, and the CEO Insights magazine editorial board.