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How India buys

How India buys packaged foods

The listed companies behind it: Bingo!, YiPPee!, Bingo! Mad Angles, CERELAC, KITKAT, MAGGI.

4 listed companies sold ₹42,940 crore of packaged foods in FY26, +3.9% a year over 2 years. ITC Ltd sold the most, 56.9% of it.

Share
Listed companies' sales, FY26
₹42,940 Cr
+3.9% a year over 2 years
Largest seller
56.9%
ITC Ltd
Fastest growing, 3 years
+6.8%
ITC Ltd

The brands, and who owns them

49 brands of packaged foods, best known first
ITC LtdNSE: ITC · 56.9% of the listed sales
Bingo!YiPPee!Bingo! Mad AnglesBingo! Ridged CutFabelleFantastik ChocostickITC Master ChefJelimalsKitchens of IndiaYoga BarMeatigoRight Shift
Nestle India LtdNSE: NESTLEIND · 27.4% of the listed sales
CERELACKITKATMAGGIMAGGI NoodlesMILKYBARMUNCHCEREGROW®NANa+ Masala MilletsNAN ExcellaPro
Tata Consumer Products LtdNSE: TATACONSUM · 11.9% of the listed sales
Ching's SecretTata SaltSmith and JonesSmith & JonesSoulfullTata SoulfullTata Soulfull ChocosticksTata Soulfull Corn Flakes+
Dabur India LtdNSE: DABUR · 3.8% of the listed sales
HajmolaBadshahBadshah Masala
NutraliteSugar FreeSugarFreeTMMax ProteinRiteBite®RiteBite Max Protein®
Hindustan Unilever LtdNSE: HINDUNILVR
BoostHorlicksKissanKnorrLiquid IVMaltovaOZivaViva
Patanjali Foods LtdNSE: PATANJALI
PowervitaSlim Choice

Bingo!, YiPPee!, Bingo! Mad Angles, Bingo! Ridged Cut and others are ITC Ltd's; CERELAC, KITKAT, MAGGI, MAGGI Noodles and others are Nestle India Ltd's; Ching's Secret, Tata Salt, Smith and Jones, Smith & Jones and others are Tata Consumer Products Ltd's; Hajmola, Badshah, Badshah Masala are Dabur India Ltd's; Nutralite, Sugar Free, SugarFreeTM, Max Protein and others are Zydus Lifesciences Ltd's; Boost, Horlicks, Kissan, Knorr and others are Hindustan Unilever Ltd's; Powervita, Slim Choice are Patanjali Foods Ltd's. Brands are read from each company's filings and checked against a public source.

Who sells the most

Share of the listed companies' sales, FY26
ITC Ltd₹24,435 Cr (estimate) · 27% of its sales
56.9%
Nestle India Ltd₹11,763 Cr (estimate) · 51% of its sales Ready meals and cooking aids 62% · Chocolates and confectionery 38%
27.4%
Tata Consumer Products Ltd₹5,101 Cr (estimate) · 25% of its sales Spices and condiments 57% · Others: Ready to cook (RTC), Ready to eat (RTE) and manufacture of water and other Ready to drink (RTD) beverages 27% · Spices and condiments 16%
11.9%
Dabur India Ltd₹1,642 Cr (estimate) · 12% of its sales
3.8%

ITC Ltd had 56.9% of the listed companies' sales of packaged foods here, 2.1 times as much as Nestle India Ltd, the next largest. The two together sold 84%; the other 2 the rest.

From each company's own sales figures for this kind of product (its reported segment, or its whole sales where that is all it sells). Private makers are not counted, so this is the split among listed companies, not the whole market. An estimate is the share of turnover the company gives this product line in its sustainability report, times its own sales for the year, where its segments do not split it out.

What it is made of

Sales by product line, FY26
Ready meals and cooking aids₹7,294 Cr
17.0%
Chocolates and confectionery₹4,469 Cr
10.4%
Spices and condiments₹3,734 Cr
8.7%
Not reported by product₹27,444 Cr
63.9%

Of the sales reported by product line, ready meals and cooking aids is the largest at ₹7,294 Cr, then chocolates and confectionery at ₹4,469 Cr.

Where a company reports its product lines separately. "Not reported by product" is sales a company reports only as a whole.

How the sales have grown, and who sold them

Sales of packaged foods each financial year in ₹ crore (L = lakh crore), the change on the year before above each column
ITC Ltd, FY22: ₹16,887 Cr16,887Tata Consumer Products Ltd, FY22: ₹3,858 Cr3,858Dabur India Ltd, FY22: ₹1,907 Cr ₹22,651 Cr FY22 ITC Ltd, FY23: ₹20,057 Cr20,057Tata Consumer Products Ltd, FY23: ₹5,039 Cr5,039Dabur India Ltd, FY23: ₹2,527 Cr ₹27,623 Cr+22% FY23 ITC Ltd, FY24: ₹21,453 Cr21,453Nestle India Ltd, FY24: ₹9,027 Cr9,027Tata Consumer Products Ltd, FY24: ₹6,721 Cr6,721Dabur India Ltd, FY24: ₹2,577 Cr ₹39,778 Cr+44% FY24 ITC Ltd, FY25: ₹22,204 Cr22,204Nestle India Ltd, FY25: ₹9,596 Cr9,596Tata Consumer Products Ltd, FY25: ₹4,647 Cr4,647Dabur India Ltd, FY25: ₹1,723 Cr ₹38,170 Cr-4% FY25 ITC Ltd, FY26: ₹24,435 Cr24,435Nestle India Ltd, FY26: ₹11,763 Cr11,763Tata Consumer Products Ltd, FY26: ₹5,101 Cr5,101Dabur India Ltd, FY26: ₹1,642 Cr ₹42,940 Cr+12% FY26
ITC LtdNestle India LtdTata Consumer Products LtdDabur India Ltd

The listed companies here sold ₹42,940 Cr of packaged foods in FY26. Counting only the companies with figures in both years, sales went from ₹22,651 Cr in FY22 to ₹31,178 Cr. The biggest rise was in FY23 (+22%) and the weakest year FY25 (-4%). ITC Ltd's part of the total went from 54% in FY24 to 57% in FY26. Over three years ITC Ltd grew fastest, +6.8% a year. Some companies are counted only from a later year (Nestle India Ltd from FY24).

Counted from the first year their figures for this are available: Nestle India Ltd from FY24. A jump in that year is partly that.

The companies, and their brands

Company and brandsSales FY26Growth 1 yr3 yrs5 yrsMarginProfit shareReturn on assetsP/EROEShare price 1 yr
ITC Ltd
Bingo!, YiPPee!, Bingo! Mad Angles, Bingo! Ridged Cut, Fabelle, Fantastik Chocostick, ITC Master Chef, Jelimals, Kitchens of India, Yoga Bar, Meatigo, Right Shift
Sells in 28 states and 112 countries; exports 9.74% of turnover
₹24,435 Cr
estimate
+10.1% +6.8% — — — — 16.5 29.4% -34.2%
Nestle India Ltd
CERELAC, KITKAT, MAGGI, MAGGI Noodles, MILKYBAR, MUNCH, CEREGROW®, NAN, a+ Masala Millets, NAN ExcellaPro
Sells in 36 states and 28 countries; exports 4.1% of turnover
₹11,763 Cr
estimate
+22.6% — — — — — 67.5 75.2% +13.5%
Tata Consumer Products Ltd
Ching's Secret, Tata Salt, Smith and Jones, Smith & Jones, Soulfull, Tata Soulfull, Tata Soulfull Chocosticks, Tata Soulfull Corn Flakes+
Sells in 28 states and 40 countries; exports 34.0% of turnover
₹5,101 Cr
estimate
+9.8% +0.4% — — — — 58.1 9.4% -14.2%
Dabur India Ltd
Hajmola, Badshah, Badshah Masala
Sells in 36 states and 49 countries; exports 4.0% of turnover
₹1,642 Cr
estimate
-4.7% -13.4% — — — — 34.1 19.9% -22.3%
Brands are read from each company's filings and checked against a public source. Growth is the yearly rate of its sales of packaged foods. Margin is the operating profit (before interest and tax) the company reports on them, as a share of those sales; profit share is its part of all the listed companies' profit on them; return on assets is that profit against the assets it reports for them. A company with no other business is measured on its whole accounts. Where a company's segments include sales between its own businesses (a bank's treasury lending to its retail arm), each segment is scaled down in proportion so that together they match what the company earns outside itself; companies report those internal sales only as a total. Not a recommendation to buy or sell.

Also sold by

These companies report this together with other businesses, so their figures are not counted above
Reliance Industries Ltd
Swiggy Ltd
Zydus Lifesciences Ltd · Nutralite, Sugar Free, SugarFreeTM, Max Protein, RiteBite®, RiteBite Max Protein®
Hindustan Unilever Ltd · Boost, Horlicks, Kissan, Knorr, Liquid IV, Maltova, OZiva, Viva
Avenue Supermarts Ltd
Patanjali Foods Ltd · Powervita, Slim Choice
Eternal Ltd
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Questions people ask

Which listed companies sell packaged foods in India?

4 listed companies report their sales of packaged foods: ITC Ltd (ITC), Nestle India Ltd (NESTLEIND), Tata Consumer Products Ltd (TATACONSUM), Dabur India Ltd (DABUR). 7 more sell them but report them together with other products.

Which listed company sells the most packaged foods in India?

ITC Ltd, with sales of packaged foods of ₹24,435 crore in FY26: 56.9% of the listed companies' total here.

How big is the listed market for packaged foods?

The listed companies here sold ₹42,940 crore of packaged foods in FY26, +3.9% a year over 2 years. Private makers are not included.

Who owns Bingo!?

Bingo! is a brand of ITC Ltd, listed on the NSE as ITC.

Who owns YiPPee!?

YiPPee! is a brand of ITC Ltd, listed on the NSE as ITC.

Who owns CERELAC?

CERELAC is a brand of Nestle India Ltd, listed on the NSE as NESTLEIND.

Who owns KITKAT?

KITKAT is a brand of Nestle India Ltd, listed on the NSE as NESTLEIND.

Who owns Ching's Secret?

Ching's Secret is a brand of Tata Consumer Products Ltd, listed on the NSE as TATACONSUM.

Who owns Tata Salt?

Tata Salt is a brand of Tata Consumer Products Ltd, listed on the NSE as TATACONSUM.

Who owns Hajmola?

Hajmola is a brand of Dabur India Ltd, listed on the NSE as DABUR.

Who owns Badshah?

Badshah is a brand of Dabur India Ltd, listed on the NSE as DABUR.