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Sweets & snacks sector growing at 16%; Branded growth: 25%
Libin Chacko Kurian, Mumbai
India, one of the largest snack markets in world, has a market of value $1 billion and over four million tonnes in terms of volume. The industry has been growing at around 16 per cent for the last three years, and the branded segment is growing around 25 per cent per annum.