The estimate made by the Ministry of Food Processing Industries (1998), the total market of bakery products, bread and biscuit is estimated at 1.5mn ton and 1.1mn ton respectively. The cake market is estimated at 0.4mn ton. The organized segment of the biscuit market is estimated to be 0.44mn tons whereas the unorganized sector accounts for the balance 0.66mn tons. Bread market is estimated to be growing at around 7% pa in volume terms, whereas the biscuit market in the recent years has witnessed a little higher growth at around 8-10% pa. Within the biscuit category, cream and specialty biscuits are growing at faster pace at 20% pa, while the popular segment is growing. Shivnath Rai Harnarain is one of the leading Suppliers of Bakery and Confectionery Products from India.
