Britannia Industries, an established player in the Rs 7,000-crore salty snacks or the savory market with players such as 50-50, Time Pass and NutriChoice, has launched Britannia 50-50’s new product, Snackuits which bridges the gap between biscuits and snacks,.
Snackuits is baked and has zero fat and is also available in three different flavors such as Swiss cheese, chilly, Chinese hot and sweet and Italian pizza. But to make people aware of the fact that this product is healthy, company is trying really tough as there are several players coming up with something similar every other day.
The company expects 15% additional revenue from Snackuits as the growth rate of the savory baked snacks market is about 20% per annum. The company has started selling Snackuits in the North, West and East and now plans to roll it out in Karnataka, Andhra Pradesh, Tamil Nadu and Kerala later this month. A 30 gm packet is available for Rs 10, while for a 50 gm air-tight container, one will have to pay Rs 20.
| Company Name | CMP |
|---|---|
| Varun Beverages | 466.80 |
| Nestle | 1285.55 |
| Britannia Inds | 5695.80 |
| LT Foods | 413.50 |
| Hatsun Agro Product | 970.00 |
| View more.. | |
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