This document summarizes a study on the Indian wafer snacks market. It analyzes the market size, structure and key competitors. The market is dominated by Frito-Lay, Bingo and Smart Chips. Porter's Five Forces analysis finds the threat of new entrants and competitive rivalry to be high due to established brands and distribution networks. The bargaining power of suppliers and consumers is also high. Overall the market is unattractive without product differentiation or supply chain experience. The top brands have been successful through strategic marketing and adapting to the market lifecycle stages.