The biscuit market is estimated to be around Rs 11,000 crore (Rs 110 billion) of which around Rs 4,000 crore (Rs 40 billion) comes from cookies and higher-end biscuits.
Industry players say there could be a 10 per cent dip in sales this season which will pick up strongly after a few months when schools re-open after vacations.
Cookie Man, the Australian cookie brand is looking at introducing festival offers to increase revenues. "We have ordered ceramic jars and containers from China for customised cookie gift items. We will have 15-20 varieties in packaging to attract customers in the gift market," said S B P Pattabhi Rama Rao, president of Australian Foods India, the company that launched the Cookie Man brand in India.
He said the company's regular cookies were usually an impulse buy and would be fairly stable in the upcoming season even as gifts notch up a 15-20 per cent growth in the same period. "Traditional sweets come with a short shelf life as compared to biscuit, cookie and confectionary products which comes as an advantage to us," he said.
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