Flexible packaging in India's snack food market growing by over 20% p.a.

摘要

India's growing appetite for snack foods makes it one of the largest and fastest growing markets in the Asia Pacific region. It is estimated to be growing at 25% p.a and forecast to be worth around $4 billion by 2018 according to Euromonitor International. The rising demand is being attributed to various driving factors including higher disposable incomes, urbanisation, busy lifestyles and subsequently the convenience of packaged food products.