According to our report “Indian Food and Drinks Market: Emerging Opportunities”, Indian food and drinks market has observed strong growth during the past few years. Despite the economic turmoil that shook the entire world, Indian food and beverage market expanded rapidly. The market is witnessing entry of large number of super markets, hyper markets, shopping malls, and fast food chains. As per our estimations, the market is projected to grow at a CAGR of around 7.5% during 2009-2013.
According to our research, the main reasons for the growth of the industry are the rapidly growing population and increasing disposable income of the people. Along with this trend, various other strong fundamental drivers discussed and analyzed in the report will enable this segment to sustain its upward growth trend in the coming years.
Further, the report provides comprehensive information about the ongoing trends and future trends for different food items, such as milk, meat, fruits, vegetables, fish, and confectionery. With the rising income of families in urban areas increasing at a very fast pace, consumption of dairy products, meat, and other food items having higher protein content has witnessed a rapid upsurge. Moreover, sales of coffee, tea, and cocoa have historically been low, however there have seen a gradual increase during the past few years.
Besides, our report analyzes the potential growth areas that exist in the food and beverage industry of India. Sectors, such as the processed food and the organic food have bright future prospects as well as huge growth potential in the food service industry. Factors fueling growth in these sectors have also been discussed in the report.
Our report “Indian Food and Drinks Market: Emerging Opportunities”, provides an extensive research and rational analysis along with the statistical representation of various segments of the Indian food and drinks market. The report contains a thorough analysis of the current market trends, new developments, and competitive landscape to enable clients better understand the market structure and its progress in coming years.
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