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New report "Ready To Eat Market in India 2013" added to Reports Corner database. Please visit
https://www.reportscorner.com/reports/14026/Ready-To-Eat-Market-in-India-2013/ for details.
Summary
The Ready to Eat Market in India is showing remarkable growth owing to
the growing income & consumption levels of the Indian consumers. In
addition to this, rapid urbanization is also augmenting the demand for
ready to eat products. Urban people suffer from time crunch due to their
busy work schedules and this is leading to increased dependence on
ready to eat foods. This is further aided with the penetration and
availability of a wide variety of ready to eat products in different
packaging formats at various retail points. All these factors are
indicating towards the bright future of the Indian ready to eat market
in the coming years.
The report provides a snapshot of the ready
to eat market. It begins with an overview of the major macro economic
indicators which highlights the present economic scenario prevalent in
India. It is followed by the introduction section which segregates the
overall food processing industry into its sub segments, one of which is
the packaged foods segment and ready to eat is one of the sub segments
of this group. It then moves into the market overview section, which
provides an overview of the Indian ready to eat market with details
regarding its current market size and growth in the coming years.
Segmental share of the market in terms of organized and unorganized
sector is also provided. In addition to this, names of major players of
RTE market has been mentioned along with the share held by the market
leader. After this, the broad classification of the end user segments of
ready to eat foods has been discussed. The next section elaborates on
the value chain analysis of the sector.
This is followed by a
separate market segmentation section, wherein segregation of the market
in terms of shelf stable & frozen products and vegetarian & non
vegetarian has been done. Based on the availability of the products in
the market, respective market shares of these categories have also been
provided.
Next section discusses about the findings of the
consumer insights survey on Ready to Eat Market in India which was
conducted on social media sites and via emails.
A separate
section on import and export of different types ready to eat products is
also provided, highlighting the growth in import and export values over
the years. Then, details regarding major importing and exporting
nations are also provided.
An analysis of the drivers explains
the factors for growth of the industry that include growing income and
consumption, rapid urbanization, increasing working women population,
convenience factor, growing retail market and marketing campaigns. The
key challenges include poor supply chain and distribution facility,
deficit in power supply, consumer behavior and perception, rise in
packaging costs and health concerns.
The next section speaks
about the government rules & policies which covers Food Safety and
Standards Act 2006 & Regulations 2011 and other government policies.
After
this, a separate section of government participation is provided which
speaks about various fiscal incentives for food processing sector and
other initiatives taken by the government of India which are indirectly
boosting the ready to eat market.
The major trends identified in
the sector include exhibitions and events, high focus on export,
adaptation of new technologies, innovative promotional techniques,
gaining special attention in retail format stores, retailers going for
private label RTE meals, launching innovative and region specific
products and frozen RTE products gaining popularity.
The
competitive landscape section begins with the Porter’s Five Forces
Analysis, illustrating the competitive rivalry, bargaining power of
suppliers and buyers and threat of new entrants and substitutes. The
section includes competitive benchmarking of the top players operating
in the Indian ready to eat market. The report also features brief
profiles of major domestic and foreign players in the market and a
snapshot of their corporation, financial performance along with the key
financial ratios, business highlights, their product portfolio and SWOT
analysis, thus providing an insight into the existing competitive
scenario.
The report concludes with a section on strategic
recommendations which comprises an analysis of the growth strategies for
the ready to eat market in India.
Companies Covered
Public Companies
1. ADF Foods Ltd.
2. ITC Ltd.
3. Kohinoor Foods Ltd.
4. Vadilal Industries Ltd.
5. Venky’s India Ltd.
Private Companies
1. Aakriti Foods Pvt. Ltd.
2. Gits Food Products Pvt. Ltd.
3. Godrej Tyson Foods Ltd.
4. Haldiram Manufacturing Company Pvt. Ltd.
5. Ushodaya Enterprises Pvt. Ltd.
6. MTR Foods Pvt. Ltd.
7. Veetee Fine Foods Ltd.
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