Global India Ready-to-Eat Market Market Overview:
Ready-to-mix foods are categorized into convenience foods and healthy foods. These foods are easy to prepare and take less cooking time because they are already half-processed. Ready-to-mix foods have a variety of uses, such as dessert mixes, snack mixes, and curry-making enablers. It is gaining huge demand because it is relatively inexpensive and takes less time to prepare.
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Demand for simple and healthy instant food is skyrocketing
Market Growth Drivers:
Increase in all disposable incomes of households in the population of India and Expansion of modern retail formats in India
Poor supply chain and distribution channels
High packaging cost
Increasing the application of new technology to remove grease after frying and Extend the shelf life of food
India's Ready-to-Eat Market is a fragmented market due to the presence of a large number of established competitors. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge
Some of the key players profiled in the report are Bikanervala Foods Private Limited (India), Gits Food Products Pvt. Ltd (India), McCain Foods Limited (Canada), Haldiram Foods International Pvt. Ltd (India), MTR Foods Pvt. Ltd. (India), ITC Limited (India), Maples (Malaysia), Godrej Agrovet Limited (India), Tata Consumer Products Limited (India) and Venkys Limited (India). Additionally, following companies can also be profiled that are part of our coverage like Nestlé Ltd. (India), Heritage Foods Ltd. (India), Kohinoor Foods Ltd. (India), Orkla ASA (Norway) and Pristine Organics Pvt. Ltd. (India). Considering Market by Distribution Channel, the sub-segment i.e. Online Retailing will boost the India Ready-to-Eat Market market. Considering Market by Packaging Type, the sub-segment i.e. Frozen and Chilled will boost the India Ready-to-Eat Market market.
Latest Market Insights:
In September 2022, McCain Foods acquired Scelta Products, adding the Dutch-based frozen food producer to its line of delicious prepared vegetable appetizers. It represents a significant investment that will fuel McCain's growth and expansion in the frozen vegetable appetizer space.
In April 2023, CCI will split the FMCG business of Haldiram Snacks and Haldiram Foods into Haldiram Snacks Food and authorize existing shareholders of Haldiram Snacks and Haldiram Foods New to acquire a 56% and 44% stake in Haldiram Snacks Food.
What Can be Explored with the India Ready-to-Eat Market Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global India Ready-to-Eat Market Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in India Ready-to-Eat Market
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global India Ready-to-Eat Market market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in India Ready-to-Eat Market market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.