NEW YORK, November 10, 2016 /PRNewswire/ -- Continuously increasing population, rising disposable income leading to growing consumer spending on lifestyle products along with increasing number of young working class age group in the country to drive India candy market during the forecast period According to recently released TechSci Research report "India Candy Market By Type,By Organized Vs Unorganized, Competition Forecast and Opportunities, 2011-2021", India candy market is forecast to grow at a CAGR of over 9% during 2016-2021, on account of increasing awareness among consumers about foreign brands candies due to rapid westernization and aggressive marketing and promotional strategies by market players is driving the demand for candies in the country. Rapid urbanization across the country has led to the increase in brand consciousness and inclination towards western brands leading to the emergence of premium candy segments in the country. According to world bank, in 2015, the healthcare expenditure in India stood at 4.90% of the India's GDP, as compared to 4.70% in 2014. This increase in the healthcare expenditure is attributed to rising disposable incomes. Moreover, according to central intelligence agency, India median age by gender in 2016 is 27.6 years with male at 26.9 years and females at 28.3 years. Due to these reasons coupled with rising urban population share, which was over 50% in 2015, the demand for candy in the country is expected to significantly grow during the forecast period.