openPR Logo
Press release

Ready to Mix Food Market in India Projected to be Worth US$ 284.4 Mn by 2020

04-07-2017 12:33 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Ready to Mix Food Market in India Projected to be Worth US$ 284.4 Mn

Parent Market Analysis

Convenience food doesn’t require a lot of preparation and is easy for consumption. Convenience food market comprises ready to cook and ready to eat products. Among which ready to eat includes frozen foods, chips, bakery items and others. Whereas ready to cook has been further segmented into snacks mix, dessert mix and curry mix. Increased consumer awareness towards ready to mix food in India has changed consumer preferences for food resources which take less time and energy to prepare. Moreover, a shift in consumer preferences for packaged food products is a prime concern for consumers and thus has led to transitions in this market. Additionally, continuous product launches, considering the demand and taste of consumers are expected to support the robust growth for ready to mix food market in near future.

Ready to Mix Food Market Overview

Ready to Mix food market holds an essential place under convenience food segment owing to its benefits such as less time to prepare, easy consumption and low caloric. Ready to Mix food market is further segmented on the basis of the application type and by distribution type.By application type, it includes snacks mix, dessert mix and curry mix.

Request Report Sample@

By distribution type, it is divided into retailers, Kirana shops, online purchase and others. Among the application type, snacks mix are expected to record a higher CAGR as compared to the other ready mixes from 2014 to 2020. However, by application type, curry mix is also expected to witness a substantial growth during the forecast period.

Market Value Forecast

Ready to Mix food markets is estimated to value at US$ 121.7 million in 2014 and expected to reach US$ 284.4 million by 2020, reflecting a CAGR of 15.7% during 2014-2020. In terms of application type, snacks mix expected to have the highest CAGR of 15.9% by the end of 2020, followed by curry mix which is 15.8%.

Application Analysis

By application type, it comprises of snacks mix, dessert mix and curry mix. Snacks mix includes dhokla, gobhi Manchurian, bhaji and bonda, bhelpuri, idli, dosa. Dessert mix includes Gulab Jamon mix, kulfikesarbadam, rabri mix, kulfi kesa Pista, besan laddoo and others and curry mix includes dal makhani, shahi paneer, dal fry, veg kadhai, chana masala, palak paneer and others. Snack mix is expected to dominant during the forecast period, accounting for 50.99% of the overall market share by 2020. However, curry mix is experiencing a robust growth, registering a CAGR of 15.8% during the forecast period. Among all aforementioned snacks, dessert and curry segment: snacks mix is predicted to account for the largest market, with a CAGR of 15.9% to account for US$ 145.01 million in 2020. This growth is supported by extensive consumer demand coupled with regional taste and preferences of snacks mix products.

By Distribution Analysis

On the basis of distribution, ready to mix food market includes retailers, Kirana shops, online purchase and others.Among all these retailers is expected to be the top segment, which collectively accounted for nearly 49.37% of the market share, followed by Kirana shops, which accounts for 29.09% of market share. Retailers include wholesalers, department stores, speciality stores and convenience stores.

In terms of CAGR growth, retailers being the recorded the highest growth which is 16.2%, followed by online purchase, which is 15.8% respectively during the forecast period. Market share of Kirana shops is 29.09%, followed by online purchase which is 15.04%by 2020.

Send An Enquiry@

Key Trends

Increase awareness about ready to mix food products through promotional methods like advertising, exhibitions, seminars, workshops and providing lucrative margins to distributors is expected to strengthen the partnership across the value chain. Increasing product visibility in modern retail formats as retail shelf space and product availability is predicted to create demand for ready to mix food products among the consumers in India. Since, consumer behaviour and perception is uncertain and unpredictable, it is a concern for companies in this market. Recognition of ready to mix food as an ingredient in food and beverages sector, increasing awareness through online marketing, and strengthening supply chain in India are key focus areas for companies in this market.

Competitive Players Outlook

The India Ready to mix food market is dominated by Mavalli Tiffin Room(MTR), GITS food products Pvt Ltd, Indian Tobacco Company(ITC), Kohinoor Foods and Priya Foods.

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,
United States
T: +1-347-918-3531
F: +1-845-579-5705

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ready to Mix Food Market in India Projected to be Worth US$ 284.4 Mn by 2020 here

News-ID: 494759 • Views: 169

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

All 5 Releases

More Releases for India

01-17-2011 | Health & Medicine
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 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