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Consumer and Internet
Dry Fruits Market in India
25 Mar 2025

Investment thesis 

  • Large and growing market that is transitioning from loose and unbranded products towards an organized and branded play 
  • Dry fruits and nuts are consumed regularly and see strong gifting behaviour during celebratory occasions 
  • Deep back-end linkages across farming communities, set up of processing units along with control and visibility across value chain to produce high-quality products 
  • Strong customer feedback on product quality and taste across geographies with high propensity for new product trial among existing customers 
  • Strong product development capabilities with different flavours on dry fruits 
  • Robust distribution system with good on-ground feedback due to sustained demand, attractive trade terms, and responsive management 




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