India's savory snacks market is expected to grow faster than the overall packaged food industry. A report by Ashika Institutional Equities has projected this growth, estimating the Indian snacks market at ₹748 billion in FY24. The report predicts a compound annual growth rate (CAGR) of around 13% between FY24 and FY29, outpacing the anticipated 11% growth in the broader packaged foods segment.