India Ready-To-Cook Market Scenario Canvassed by Bonafide Research & Marketing in Its Topical Research Report Published at MarketPublishers.com14 Mar 2016 • by Natalie Aster
LONDON –The Indian ready-to-cook marketplace is growing at a rapid pace. It has been registering a 19.6% CAGR from last five years, driven by swiftly changing lifestyles, especially in urban areas. The local market includes the following product categories: instant noodles, instant pasta, instant soup and ready-to-mix.
Over the recent years, the Indian instant noodles market was demonstrating a growth at a healthy rate. In the meantime, CG Foods and ITC Sunfeast Yippee intend to increase their shares in the country’s market in the years to come. Other key market participants include Maggi MSG, Indo Nissin, Capital Foods and Hindustan Unilever.
With a rising number of new Italian restaurants in India, the instant pasta category is set to enjoy escalating demand over the next few years. Since instant soap and instant pasta are not very often in a shopping list of local consumers, retail formats continue to generate the lion’s share of their sales.
Forming a small segment of the local marketplace, the ready-to-mix category is posting robust growth.
Comprehensive report “India Ready-To-Cook Market Outlook, 2021”elaborated by Bonafide Research & Marketing Pvt. Ltd. provides a detailed guide to the Indian ready-to-cook marketplace. The research report analyzes market dynamics, including valuable data on key drivers and challenges. The publication sheds light on a market size and shares (by company, category, demographic area, packaging, sales channel). Furthermore, the trade dynamics (imports and exports) is also covered in the report. Key market participants’ profiles, strategic recommendations, and market forecasts up to 2021 are also on hand in the research study.
India Ready-To-Cook Market Outlook, 2021
Published: February, 2016
Price: US$ 2,500.00
More research reports by the publisher are available at Bonafide Research & Marketing Pvt. Ltd. page.