The India packaged jaggery market size reached INR 63.5 Billion in 2023. Looking forward, the publisher expects the market to reach INR 186.0 Billion by 2032, exhibiting a growth rate (CAGR) of 12.68% during 2023-2032. The significant growth in the food packaging industry, the high prevalence of diabetes, CVDs, and obesity, and the increasing awareness about the numerous health benefits of the product represent some of the key factors driving the market.
Packaged jaggery refers to a form of jaggery that is pre-packaged and sold in the market. Jaggery is a traditional non-centrifugal sweetener made from sugarcane juice and widely used in many parts of the world. It is made by boiling the sugarcane juice until it reaches a thick consistency, then pouring it into molds or shaping it into blocks. Once the jaggery has cooled and hardened, it is packaged for sale. Packaged jaggery is found in various forms, including powder, cubes, and liquid. It has several advantages over traditional jaggery sold in open markets.
It is hygienically packed and sealed, ensuring it is free from contaminants. Moreover, packaged jaggery is convenient, as it can be easily stored and transported. Apart from this, it has a longer shelf life than traditional jaggery, making it easier to store for long periods. It is used in various food preparations, including sweets, desserts, and beverages. It is also used as a natural sweetener in tea and coffee.
With the increasing levels of urbanization and improving consumer living standards, there is a significant demand for processed and premium-quality food products, including packaged jaggery. Additionally, the introduction of stringent norms by the Food Safety and Standards Authority of India (FSSAI) for food labeling and maintaining product safety during the processing and packaging of jaggery is positively influencing the market. Furthermore, the growing consumer preference for clean-label and organic product variants with no added colors, synthetic flavors, preservatives, etc., is also driving the market for packaged jaggery in India. Packaged jaggery's wide availability across brick-and-mortar and e-commerce platforms is further catalyzing its sales.
Trading Corporations, B&B Organics, Desi Village Agro Foods India (P) Ltd, Dhampur Green, Geographical Indications Tagged World Premium Products Pvt Ltd, Maple Leaf Project, Miltop Exports, Nutriplato, Organic India Pvt Ltd (Fab India), Organic Tattva (Mehrotra Consumer Products Pvt.), Patanjali Ayurveda Limited, Sriveda Sattva Private Limited, Truefarm, Two Brothers Organic Farms, and Vayam. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
2. What is the expected growth rate of the India packaged jaggery market during 2024-2032?
3. What has been the impact of COVID-19 on the India packaged jaggery market?
4. What are the key factors driving the India packaged jaggery market?
5. What is the breakup of the India packaged jaggery market based on the product type?
6. What is the breakup of the India packaged jaggery market based on the form?
7. What is the breakup of the India packaged jaggery market based on the pack type?
8. What is the breakup of the India packaged jaggery market based on the pack size?
9. What is the breakup of the India packaged jaggery market based on the distribution channel?
10. What are the key regions in the India packaged jaggery market?
11. Who are the key players/companies in the India packaged jaggery market?
Packaged jaggery refers to a form of jaggery that is pre-packaged and sold in the market. Jaggery is a traditional non-centrifugal sweetener made from sugarcane juice and widely used in many parts of the world. It is made by boiling the sugarcane juice until it reaches a thick consistency, then pouring it into molds or shaping it into blocks. Once the jaggery has cooled and hardened, it is packaged for sale. Packaged jaggery is found in various forms, including powder, cubes, and liquid. It has several advantages over traditional jaggery sold in open markets.
It is hygienically packed and sealed, ensuring it is free from contaminants. Moreover, packaged jaggery is convenient, as it can be easily stored and transported. Apart from this, it has a longer shelf life than traditional jaggery, making it easier to store for long periods. It is used in various food preparations, including sweets, desserts, and beverages. It is also used as a natural sweetener in tea and coffee.
India Packaged Jaggery Market Trends:
The market in India is primarily driven by the expanding food packaging sector and increasing consumer awareness toward food hygiene and cleanliness. Moreover, the rising health concerns associated with the high prevalence of diabetes, CVDs, obesity, etc., are shifting toward jaggery from white sugar. The market for packaged jaggery is also augmented by the growing awareness of its numerous health benefits, including relieving fatigue, improving bone health, and maintaining blood pressure levels. Jaggery is a common ingredient used in several traditional Indian cuisines as a sweetener, flavoring agent, and color enhancer.With the increasing levels of urbanization and improving consumer living standards, there is a significant demand for processed and premium-quality food products, including packaged jaggery. Additionally, the introduction of stringent norms by the Food Safety and Standards Authority of India (FSSAI) for food labeling and maintaining product safety during the processing and packaging of jaggery is positively influencing the market. Furthermore, the growing consumer preference for clean-label and organic product variants with no added colors, synthetic flavors, preservatives, etc., is also driving the market for packaged jaggery in India. Packaged jaggery's wide availability across brick-and-mortar and e-commerce platforms is further catalyzing its sales.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the India packaged jaggery market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on product type, form, pack type, pack size and distribution channel.Product Type Insights:
- Sugarcane Jaggery
- Palm Jaggery
- Coconut Jaggery
Form Insights:
- Powder/Granules
- Block
- Liquid
Pack Type Insights:
- Plastic Pouches
- Jars
- Others
Pack Size Insights:
- 500 gm
- 1000 gm
- 250 gm
- Others
Distribution Channel Insights:
- General Trade
- Modern Trade
- Online
Regional Insights:
- North India
- West & Central India
- South India
- East India
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the India packaged jaggery market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include 24 Mantra Organic, A.K.S.Trading Corporations, B&B Organics, Desi Village Agro Foods India (P) Ltd, Dhampur Green, Geographical Indications Tagged World Premium Products Pvt Ltd, Maple Leaf Project, Miltop Exports, Nutriplato, Organic India Pvt Ltd (Fab India), Organic Tattva (Mehrotra Consumer Products Pvt.), Patanjali Ayurveda Limited, Sriveda Sattva Private Limited, Truefarm, Two Brothers Organic Farms, and Vayam. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
1. What was the size of the India packaged jaggery market in 2023?2. What is the expected growth rate of the India packaged jaggery market during 2024-2032?
3. What has been the impact of COVID-19 on the India packaged jaggery market?
4. What are the key factors driving the India packaged jaggery market?
5. What is the breakup of the India packaged jaggery market based on the product type?
6. What is the breakup of the India packaged jaggery market based on the form?
7. What is the breakup of the India packaged jaggery market based on the pack type?
8. What is the breakup of the India packaged jaggery market based on the pack size?
9. What is the breakup of the India packaged jaggery market based on the distribution channel?
10. What are the key regions in the India packaged jaggery market?
11. Who are the key players/companies in the India packaged jaggery market?
Table of Contents
1 Preface3 Executive Summary13 Value Chain Analysis15 Price Analysis
2 Scope and Methodology
4 Introduction
5 India Packaged Jaggery Market
6 Market Breakup by Product Type
7 Market Breakup by Form
8 Market Breakup by Pack Type
9 Market Breakup by Pack Size
10 Market Breakup by Distribution Channel
11 Market Breakup by Region
12 SWOT Analysis
14 Porters Five Forces Analysis
16 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 24 Mantra Organic
- A.K.S. Trading Corporations
- B&B Organics
- Desi Village Agro Foods India (P) Ltd
- Dhampur Green
- Geographical Indications Tagged World Premium Products Pvt Ltd
- Maple Leaf Project
- Miltop Exports
- Nutriplato
- Organic India Pvt Ltd (Fab India)
- Organic Tattva (Mehrotra Consumer Products Pvt.)
- Patanjali Ayurveda Limited
- Sriveda Sattva Private Limited
- Truefarm
- Two Brothers Organic Farms
- Vayam.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 114 |
| Published | August 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( INR | INR 63.5 Billion |
| Forecasted Market Value ( INR | INR 186 Billion |
| Compound Annual Growth Rate | 12.7% |
| Regions Covered | India |
| No. of Companies Mentioned | 16 |
