
Desire for "me time" with snacks has intensified: Mondelez
HighlightsThe Mondelez International State of Snacking Report 2024 reveals that 97 percent of Indian consumers associate snacks with nostalgia and joy, highlighting the emotional connection they have with snacking. A significant 70 percent of consumers reported an increase in snacking over the past year, with 99 percent likely to indulge in snacks as a reward or treat, emphasizing the importance of snacking in their daily lives. The report indicates a shift towards online snack purchasing, with 61 percent of consumers engaging in online buying, while 83 percent discover new snack possibilities in store aisles, showing the evolving landscape of snack consumption in India.
Mondelez International
has released the India-specific findings of its sixth annual
State of Snacking Report
, offering an in-depth look at the evolving role of snacking in the lives of Indian consumers.
The report, globally unveiled earlier this year, delves into key themes such as the evergreen nature of snacking,
mindful consumption
,
indulgent snacking
, and
snack curation
.
The report highlights that snacking continues to be deeply embedded in daily life, serving various purposes from fostering social connections to providing comfort and evoking childhood memories.
A striking 97 per cent of Indians associate snacks with nostalgia and joy, while 88 per cent view them as a source of comfort or reward.
Furthermore, 80 per cent confirmed they frequently snack or eat between meals to socialize, a trend that continues to strengthen year after year.
Nitin Saini, Vice President – Marketing, Mondelez India, commented on the findings, stating, "The State of Snacking™ Report 2024 uncovers a fascinating shift in India's snacking habits, revealing the strong role of snacking as a ritual meeting emotional, physical and social needs.'
Key Insights from the 2024 Report:
The Evergreen Role of Snacking: A significant 70 per cent of consumers reported snacking more today than a year ago.
The afternoon sees the most snacking activity at 75 per cent, followed by the morning at 50%. Loyalty to specific snacks and brands remains high, with 88 per cent of Indians sticking to their favorites for a long time.
Indulgent Snacking in the Spotlight: Snacking as a reward or treat is almost universal, with 99% of Indians likely to indulge.
For 84 per cent, snacking is one of the few indulgences they have in their hectic lives, underscoring its growing importance. A strong 85 per cent believe some snacks should simply be for enjoyment and satisfaction.
Snack Curation and Commitment: While 65 per cent of consumers still source their snacks from neighborhood convenience stores, online buying is catching up quickly at 61 per cent.
Store aisles continue to be a significant source of discovery, with 83 per cent of Indian consumers finding new snack possibilities there, a 5 per cent increase from 2023.
Mindful Consumption and Lifestyle Changes: Indian consumers frequently turn to snacks to address a range of needs, from boosting moods to fueling their bodies and providing energy. The desire for "me time" with snacks has also intensified, reaching 87 and in 2024, up from 84 and in 2019.
First launched in 2019 in collaboration with The Harris Poll, the State of Snacking report reinforces Mondelez International's dedication to shaping the future of snacking.
Over six years, the study, which surveys thousands of consumers across 12 countries, has consistently shown a growing preference for snacks over traditional meals, highlighting their evolving and expanding role in daily consumption habits.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Economic Times
an hour ago
- Economic Times
How much money the Boston-based Indian couple had to pay to turn Wall Street into a dance floor for their wedding
The Couple Behind the Celebration Music, Magic, and Manhattan Two Traditions, One Celebration You Might Also Like: Wall Street turned into a dance floor for this unbelievable Indian wedding. Who are the bride and groom? Permits, Police, and Precision In an event that stopped both traffic and timelines, Varun Navani and Amanda Soll brought the grandeur of a big fat Indian wedding to the heart of New York City. With a traditional baraat—the groom's wedding procession—cascading down Wall Street, the couple quite literally shut down the most iconic financial street in the it didn't come easy. The couple reportedly filed 28 permits to make their dream celebration possible, shelling out an eye-watering $25,000 to $66,000 (₹21 lakh to ₹56 lakh) per location, as per city records reviewed by the New York Post. That's not a wedding budget—it's a Wall Street-grade who are these headline-makers? Varun Navani is the CEO of Rolai, an AI platform helping people learn data science and machine learning. A Forbes 30 Under 30 alumnus (Boston, 2023), he brings innovation to the tech space. His bride, Amanda Soll, is no less accomplished—she serves as the Director of Legal Compliance and Risk Management at from Boston, the couple chose New York City as their wedding stage—and spared no expense turning it into a multi-day celebration began on May 23 at the Conrad Hotel with a welcome brunch and tea. That evening, guests gathered at The Glasshouse for a lively sangeet, filled with song and the real showstopper arrived on May 24, when Wall Street transformed into a dazzling baraat route. Videos now viral on social media show more than 400 guests dressed in traditional Indian attire dancing to the beats of dhols and DJ sets. Groom Varun arrived in a vintage white car, clad in a finely tailored ivory sherwani and layered pearl necklaces. Amanda stunned in a deep red Sabyasachi lehenga, epitomizing elegance and baraat ended at Cipriani Wall Street, where the grand reception unfolded—running from 5:30 p.m. until the early morning cultural fusion didn't end with the baraat. On May 25, the couple hosted a Jewish wedding ceremony at Cipriani, paying tribute to Amanda's heritage. An after-party followed at Slate, keeping the festive energy alive until 4 a.m. The final farewell came on May 26 with a goodbye detail—from venue choices to guest experiences—was thoughtfully curated to blend Indian and Jewish customs in a dazzling off a 400-person event in the middle of Lower Manhattan isn't simple. The city labeled it an 'extra-large' event, requiring extensive NYPD coordination and full block closures. The price tag—ranging between $25,000 and $66,000 (₹21–56 lakh) per permit—reflects the scale and ambition of the far from celebrity status or royalty, Varun and Amanda are a reminder that modern professionals, too, can pull off events that feel straight out of a Bollywood fantasy—if they're willing to plan and pay a city known for deals, deadlines, and data, the Navani-Soll wedding gave Wall Street a rare glimpse of uninhibited joy. For a few magical hours, the financial capital of the world grooved to dhols, draped itself in dupattas, and welcomed tradition with open was a dazzling display of culture and ambition, as Varun Navani and Amanda Soll turned New York's Wall Street into a vibrant celebration of love. With 28 permits, meticulous planning, and a lavish budget, the couple blended Indian and Jewish traditions across a multi-day wedding spectacle. Their grand baraat wasn't just a procession—it was a statement that even the busiest street can pause for joy.


NDTV
2 hours ago
- NDTV
India And UK Hold High-Level Talks In Delhi To Boost Strategic Partnership
New Delhi: In a significant diplomatic development, Sir Oliver Robbins, Permanent Under-Secretary at the UK's Foreign, Commonwealth and Development Office or FCDO, arrived in India on Tuesday to review the progress of the UK-India Comprehensive Strategic Partnership. During his visit, Sir Oliver met India's Foreign Secretary, Vikram Misri, in New Delhi for the annual UK-India Foreign Office Consultations. The meeting marked a crucial milestone in the bilateral relationship between the two nations, with both sides welcoming the significant breakthroughs achieved across the entire gamut of the partnership since the last consultations in London. One of the major highlights of the partnership is the historic trade deal announced between the two countries, which is expected to boost economic ties and open up new avenues for cooperation. During the meeting, Sir Oliver and Mr Misri discussed ways to implement the shared vision of the two prime ministers for an ambitious partnership between the UK and India over the next decade. Economic growth was identified as a key area of focus, with both sides agreeing to work towards strengthening trade and investment ties. A key aspect of the consultations was the inaugural Strategic Exports and Technology Cooperation Dialogue, which aimed at building mutual understanding of systems and agreeing areas for future cooperation on key sectors such as technology and defence. This dialogue is expected to pave the way for greater collaboration between the two nations in these critical areas. Sir Oliver Robbins, Permanent Under-Secretary at the FCDO, expressed his delight at being in India to advance one of the UK's most vital partnerships in the world. "In a more complex world, there is strong ambition from both governments to take this partnership to even greater heights. I'm looking forward to working with Foreign Secretary Misri to make that a reality," he said. Shortly after Tuesday's bilateral meeting, the External Affairs Ministry said in a statement that the "Foreign Office Consultations provided an opportunity to review and discuss the entire gamut of bilateral relations. Both sides welcomed the conclusion of the India-UK FTA and Double Contribution Convention." It added that the two diplomats "discussed ways of strengthening cooperation in trade, investment and financial sector, defence & security, counter-terrorism, technology, science, innovation, green energy, climate, health, education, and people-to-people relations in order to deepen and diversify our Comprehensive Strategic Partnership." It further stated that the "Foreign Secretary conveyed India's appreciation for the UK government's expression of solidarity and support to India in the fight against terrorism." During his visit, Sir Oliver is also expected to meet a wide range of Indian government officials, including on G20 and home affairs representatives. These meetings will provide an opportunity for the UK and India to discuss key global issues and strengthen cooperation on matters of mutual interest. The UK-India Comprehensive Strategic Partnership has been growing in strength over the years, with both nations sharing a commitment to democracy, security, and prosperity. The partnership has led to significant cooperation in areas such as trade, defense, and technology, and has the potential to take the bilateral relationship to new heights. The visit by Sir Oliver Robbins underscores the importance that the UK attaches to its relationship with India, and highlights the growing convergence of interests between the two nations. As the UK and India look to strengthen their ties, the partnership is expected to play a key role in shaping the future of bilateral relations between the two nations.


Economic Times
2 hours ago
- Economic Times
Banks park big money with 'rival' mutual funds
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Much of the debate in the banking industry in 2024 revolved around why the deposits growth was extremely muted in relation to the growth in credit. Some blamed it on mutual funds, some on gold and others on derivatives trading by individuals. But the truth was a lot more 2025, Indian financial markets are seeing something that they don't see often. Banks, which, forever, used to seek deposits or borrow from the market to lend are doing something strange: they are pouring funds into mutual funds which, partly, compete with them for a share of the investor's mutual fund investments jumped 91% on year to ₹1.19 lakh crore as on March 21, 2025, from ₹62,499 crore a year earlier, data from the Reserve Bank of India (RBI) bulletin showed. Banks' MF investments had grown 28% in the previous fundamental business of banks is to lend to individuals who are keen to buy homes and cars, or to those entrepreneurs and companies which are looking to put up plants or set up services business. But they seem to be keen on giving funds to MFs instead of directly lending to borrowers. Why is it?There may be two reasons for that-one, that there is not much demand for loans from banks, and second, that they are suddenly finding themselves with surplus funds because of what the monetary authorities are doing."Besides suboptimal credit growth, bank investments in mutual funds schemes have gone up due to surplus liquidity conditions, favourable market conditions and relatively faster execution," said Vinod AN, general manager and treasury head at South Indian Bank Banks loans grew 12.1% in FY25, down from 16.3% a year earlier. This is probably due to slowing income growth and uncertainties on the jobs front for many. This situation is the opposite of what was the situation in the year before when loans grew 16.3%, and deposits were at 12.9% growth. This led to a lot of debate about whether there is a behavioural shift in savers."Households and consumers who traditionally leaned on banks for parking or investing their savings are increasingly turning to capital markets and other financial intermediaries," said former RBI governor Shaktikanta Das. "While bank deposits continue to remain dominant as a percentage of financial assets owned by households, their share has been declining. Households are turning to other avenues for deploying their savings instead of banks." While individual behaviour was part of the problem, there was also a monetary phenomenon at work. The RBI, which wanted to tame inflation kept the monetary conditions tight, forcing banks to borrow from it or the market. But that has since changed to accommodative from banking system is in surplus at ₹1.5 lakh crore. Banks probably have more than what they need to meet the loans are parking excess funds with MFs. Are they buying shares? Or, are they doing SIPs? Neither. They know that this is a short-term issue. They are also doing something to earn higher short-term returns. "Most investments are in liquid and money market schemes, which is also reflected in the MF investment numbers where investments are in zero risk short-term debt instruments such as T-bills where returns are higher," said Venkat N Chalasani, CEO, Association of Mutual Funds in India (AMFI).