Ready to Mix Food Market in India Expected To Observer Major Growth By 2020
Consumer convenience is the key factor driving the India ready to mix food market. Additionally, increase in working women population due to increased standards of education, high disposable income of households, and growing organised retailing in India are other factors contributing to the growth of the market. Furthermore, increase in overall disposable income and private label penetration is expected to strengthen the growth of the Indian Ready to Mix food market in the next five years. In order to sustain in the competitive market and cater to increasing consumer demand, key ready to mix food companies are focusing on widening their offerings.
The India ready to mix food market is segmented on the basis of application and distribution. By application type, the India ready to mix food market is segmented into snacks mix, dessert mix, and curry mix. Among these, snacks mix segmentis projected to account for around 50.9% market share by 2020, owing to the consumer demand. The curry mix sub-segment on the other hand, is expected to record a double-digit CAGR of around 15.8% during the forecast period.
Request For Report Sample: http://www.futuremarketinsights.com/reports/sample/rep-gb-111
By distribution channel, the India ready to mix food market is segmented into retailers, kirana shops, online purchase, and others. In terms of market share contribution to the overall ready to mix market, the retailers sub-segment is expected to record highest CAGR of 16.2%, followed by online purchase during the forecast period.
FMI lead analyst sheds light on why India ready to mix food market will become a mainstream product in convenience food industry in the near future. “Hectic lifestyle, growing demand for packaged food coupled with increasing disposable income is expected to fuel the growth of the ready to mix market in India over the next five to six years,” she said.
Although, weak distribution channel, price sensitive consumers, and low awareness level among the consumers in India are expected to hinder the market growth; adoption of new technology for better cooking performance of the products and increased exhibitions, seminars, workshops to promote it are the key trends expected to drive growth of the India ready to mix food market in the near future.
Send An Enquiry: http://www.futuremarketinsights.com/askus/rep-gb-111
Recently, MTR Foods Pvt. Ltd. introduced new range of snacks variants such assalty banana chips, pepper banana chips, spicy banana chips, and Huli Thengols (snack made of yogurt) for consumers who are constantly looking for varieties in authentic snacks. Apart from MTR Food Pvt. Ltd. The other prominent players in the India ready to mix food market include ITC Ltd., Gits Food Products Pvt. Ltd., Kohinoor Foods Ltd., Ushodaya Enterprises Private Ltd.,and BambinoAgro Industries Ltd.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Ready to Mix Food Market in India Expected To Observer Major Growth By 2020 here
News-ID: 475463 • Views: 222
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for India
IVF India, Test Tube baby India
The aim of setting up KJIVF is to help infertile couples in achieving conception through modern diagnostic and treatment methods. KJIVF Centre has given the best results by blessing infertile couples of advanced age with children, these couples could never dream of becoming parents. Thousands of babies are conceived through in-vitro fertilization (IVF) each year; In-Vitro Fertilization (IVF) means fertilization outside the body. A baby developed from an egg that
Beach Holiday India- Best Beaches in India
The natural beauty, exotic locations and rich heritage has helped India to stand as the most visited and most popular tourist spot in the world. The status of “Incredible India”, is defined by an incredible range of nature’s blessings on the Indian subcontinent and this incredibility is doubled by one of the most fabulous tourism option available in the country that are the brilliant and majestic beaches in India.
ISO 27001 India, 27001 training India ISO
Coral eSecure is information Risk Management advisory with specific focus on Information Security (ISO 27001, ISO 17799, PCI, COBIT, HIPAA, GLBA, and DPA), Business Continuity (BS25999) and ITIL/ IT Service Management (ISO 20000). Coral is the FIRST Indian consulting organization which provides an Integrated Management System Consulting, Consisting of ISO 27001, ISO 20000 and BS25999 – ALL THREE IN ONE! Coral provides Consulting, Assurance audit and Training to address these
Interior Designers India, Designers and Architects India
Today, we have recognized ourselves as a booming beauty interior designing firm, offering services that include interior designing. We are a winning firm, which is based on the strong foundation of innovative and original ideas for interior, architectural and landscaping designing services. Synergy Corporate Interior Design Association has more corporate members. Who provide Products and services. We support Interior Designers India, Designers and Architects India. We are committed to the
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will
ISO 27001 india, 27001 training india ISO, 17799 training india ISO, Compliance …
Our foundation of service delivery is based on sound research - thereby customers realizing definitive delight and Assurance resilience in their management system. We provide Consulting Services for ISO 27001 india, 27001 training india ISO,17799 training India ISO Security, BCM/BS25999, SAS 70, COBIT Implementation, Annual Compliance Check, Best Practices Implementation, & Quick Gap Analysis. It is a set of ‘best practices’ controls - management and systems - that enables