| | FEBRUARY 20214Nothing can kill the zeal of Indians to celebrate their happiness with a pinch of sweet, or I should say a bowl full of sweetness. Hence the country's sugar confectionery market is forecasted to reach $2.7 billion in 2022, an increase from about $1.8 billion in 2014. Thanks to our sweet tooth! Well this is from an organized market point of view. We have many small shops at the nukkads that sell delicious sweets, candies, gums, cakes or other confectioneries made at home. According to one of Amazon's report, India's confectionery market is one of the fastest growing market globally, with a strong revenue of $11.56 billion in 2019. The report also mentions the average volume per person in the Confectionery segment amounted to 2.3 kg in 2019. So what makes India an emerging market for not just the domestic but the global players? It is the constantly increasing economic development, rising standard of living of consumers and more acceptance of international flavors that make India one of the must-have-presence market. Two other factors that add up to this growth are increasing young population and untouched rural areas. Hence the volume of production is expected to reach 3496.1 mKg by 2023. However, unlike the olden days where confectioneries meant more sugar and artificial ingredients, today's consumers have become more aware about the impact of such ingredients on their health. Hence even manufacturers are now closely watching this trend and shifting toward recipes that have more natural and organic ingredients. In our current edition of CEO Insights Magazine, we bring to you the story of few such leaders from the confectionery industry who are making such positive shift while ensuring that their consumers have all the right ingredients to take care of their consumers' health. Our panel of experts comprising our Editorial Board and industry veterans together have shortlisted and finalized the names and feature in our latest edition titled `Top 10 Leaders in Food & Confectioneries ­ 2021'. Read to know more about them. Do let us know what you think!Anamika SahuManaging Editoreditor@ceoinsightsindia.comEditorialA Bowl Full of Sweetness Vol 03 · Issue 8 - 1 · FEBRUARY 24, 2021 Publisher Alok Chaturvedi Managing Editor Anamika Sahu Editorial Mandvi Singh Aveek Pal Chaudhuri Rohan AT Group Art DirectorAshok KumarAdvertising Managers Ashu Sethi Shivam AgarwalNoida Rohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comTo subscribeVisit www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comCover price is Rs.150 per issue.Editor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of BizprintMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2020 BizprintMedia Technologies Pvt Ltd, All rights reserved. Repro-duction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsi-bility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accord-ingly, no liability is assumed by the publisher. Design Dennis Bennito Mohana Krishnan VP - Sales & Marketing Amrit SinghCirculation Manager Magendran PerumalCorrespondents Sigma Mohanty Subhadarshani Mohanty
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