Reliance Consumer Products has rapidly joined India’s top 10 FMCG companies by revenue in FY25. This article examines its aggressive push into the ₹37,900 crore confectionery market. Reliance Consumer Products Limited is the Fast-Moving Consumer Goods (FMCG) arm of Reliance Industries Limited.
Launched less than three years ago, Reliance Consumer Products has climbed quickly to rank among India’s top 10 fast-moving consumer goods companies (FMCG) by revenue in the 2024-25 financial year. The company’s strong growth reflects strategic expansion in beverages and staples, alongside new product development.
Building on successes in beverages and staples, Reliance Consumer Products targeted the confectionery market, India’s ₹37,900 crore sector as of 2024. Beginning with a pilot launch of Joyland candies in Uttar Pradesh in 2022, the company has positioned itself for substantial growth in sweets and chocolates.
Reliance Consumer Products acquired notable confectionery brands, including Toffeeman, Lotus Chocolates, and Ravalgaon—brands with histories ranging from 30 to over 80 years. These acquisitions strengthen its foothold in a market projected to grow to ₹59,700 crore by 2033, with a compound annual growth rate of 5.2%.
The company is developing a comprehensive portfolio covering candies, toffees, chocolates, gums, jellies, and lollipops, aiming to attract consumers across multiple price segments beyond the traditional ₹1 and ₹2 levels.
Reliance leverages nostalgic favourites alongside new innovations, launching products like Lotus Symphony and Lotus Zellers, to appeal to a wide consumer base.
Currently operating in 5 states, Reliance Consumer Products plans to expand its distribution network to reach one million outlets across India by the end of the fiscal year.
The Indian confectionery market is led by North India, which holds 32.8% of the share. Modern retail, digital connectivity, and product innovation are key drivers enhancing market reach in urban and semi-urban areas.
Read More: Reliance Targets 600 Million Mass Consumers with Affordable FMCG Products!
India’s confectionery tradition dates back nearly a century, with brands like Parle and Ravalgaon establishing early roots that Reliance Consumer Products now builds upon.
With clear long-term goals and substantial financial strength, Reliance Consumer Products aims to dominate the Indian confectionery market as part of its broader FMCG portfolio.
Understanding Reliance Consumer Products’ strategy and the dynamics of India’s ₹37,900 crore confectionery market provides valuable insight into how major FMCG players are evolving and growing in the country’s fast-changing consumer landscape.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jun 3, 2025, 2:37 PM IST
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