Indian Packaged Food Industry

2012-03-22
Published : Mar-2012

Many manufacturers introduced products positioned on the health and wellness platform in 2009. With consumers becoming increasingly health conscious there was increasing interest in products that were healthier than existing offerings. Advertising and marketing also highlighted the health benefits of new products. Across the different categories of packaged food, domestic and multinational players were increasingly looking at this niche and making efforts to develop it in India.

Indian Packaged Food Market

Published: March 2012
No. of Pages:
 : Single User License- US $ 6500
      Request Sample

Domestic and multinational companies drive growth

The competitive environment in India is dominated by multinational and domestic companies, along with government cooperatives. Some of the leading players in packaged food in India are Hindustan Unilever, Gujarat Co-operative Milk Marketing Federation, Nestlé India Ltd, Frito-Lay India, GlaxoSmithKline Consumer Healthcare Ltd, Britannia Industries Ltd, MTR Foods and Karnataka Cooperative Milk Producers Federation Ltd. Thus, with the Indian market poised to see strong growth in future, domestic players, multinational players and cooperatives are looking to expand their product portfolios and increase their shares.

Supermarkets and hypermarkets increasingly popular

While the majority of Indians still buy their daily groceries from small independent grocers, which are often in or near residential areas, there is an increasing trend of consumers shopping at supermarkets, hypermarkets and convenience stores. This is especially the case in urban areas and metropolitan cities. The comfort and convenience of shopping at these outlets is a major attraction for consumers. The range of products available is a lot greater than in smaller establishments, and consumers can interact with products prior to purchase. These outlets have also increased their presence in these cities and set up outlets in new locations.

Packaged food expected to see healthy growth in future

While consumer spending did see a decline due to the economic recession and consumers were cutting back on spending on products considered luxuries such as packaged food, with the Indian economy in recovery, consumers will once again start using these products more extensively. Packaged food’s key selling point remains the convenience provided to consumers. With the range of packaged food products available in India likely to become wider and awareness of such products expected to increase over the forecast period, it is expected that packaged food will continue to witness healthy growth in the future.

The Packaged Food in India market research report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation of international and local products
  • Historic volumes and values, company and brand market shares
  • Five year forecasts of market trends and market growth
  • Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

  • What is the market size of Packaged Food in India?
  • What are the major brands in India?
  • As economic prospects slowly improve, are consumers starting to eat out more and spending less time cooking at home?
  • How is private label performing in the wake of retail consolidation and the global economic hangover?
  • Do consumers want value for money or added value?

Why buy this report?

  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions
Filed in: Food & Beverage, Packaged Food
More Reports
Title Price Buy Now

Success Case Study: GOOD THiNS – Addressing consumer demand for natural and healthy sharable snacks

Success Case Study: GOOD THiNS - Addressing consumer demand for natural and healthy sharable snacks Summary "Success Case Study: GOOD THiNS", is part of GlobalData's Successes and Failures research. It examines the details and the reasons behind the success of Good THiNS in the US. It delivers the critical "what?", "why?" and "so what?" analysis to teach you crucial lessons that increase your chances of launching successful products in the bakery & cereals market. Good THiNS was launched in the US by Mondel?z in March 2016, with the intention of enticing consumers seeking moderate indulgences. These baked, natural savory crackers, have capitalized on the demand for healthier foods, natural ingredients, smaller portions, and products design for sharing. Scope - Good THiNS succesful fir......
$995

Top Growth Opportunities: Dairy & Soy Food in Australia

Top Growth Opportunities: Dairy & Soy Food in Australia Summary Australia's Dairy market will grow at a CAGR of 4.0% in the five years to 2021. This follows a period of decline in US Dollar terms which saw the market record a CAGR of -2.8% in the five years to 2016. Australian Dairy market is large, stable, and growing steadily, recording a CAGR of 3.6% in Australian Dollar value terms between 2011 and 2016. Negative growth in the five years to 2016 was recorded in US Dollar terms only, following the depreciation of the Australian Dollar from 2013 onwards. With GDP set to increase in 2017, growth indicators for the Australian economy are positive. Prime Minister Turnbull's anti-austerity measures seek to take advantage of low interest rates and boost consumer spending. Despite ......
$2995

Top Growth Opportunities: Dairy & Soy Food in Malaysia

Malaysia ranks amongst the smallest markets in the global Dairy & Soy Food sector in terms of per capita expenditure in US dollar terms, although it is larger than the Philippines, China, and Indonesia. Although both the Malaysian population and their disposable income are increasing, wealth remains concentrated in specific urban areas and a large, poor, rural population remains. This means that overall per capita expenditure in US dollar terms is low, and that manufacturers and retailers need to carefully select regions within the country to focus on. Malaysia is a relatively small Dairy market, but it will see very strong growth over the next five years, with a CAGR of 8.9% by 2021. Rising disposable incomes and a growing middle class will drive further dairy consumption in Malays......
$6320

The Baby Food Market in Ireland 2017

The Baby Food Market in Ireland 2017 Summary "The Baby Food Market in Ireland 2017", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Irish market. The Irish population and its baby food market are both small. Between 2010 and 2016 the number of births fell by over 14%. This, coupled with keen price competition, has led to a clear downturn in sales. Since 2010, retail sales have fallen by 10% and volumes by 19%. Consumption of all products fell, with drinks experiencing the greatest decline. Expenditure per capita rose by 5%, due mainly to significant unit price rises for wet meals and finger food. The number of births is expected to continue to fall, producing a brake on sales growth. By 2022, GlobalData expects......
$3275

Opportunities in the Asia-Pacific Dairy & Soy Food Sector: Analysis of Opportunities Offered by High-Growth Economies

Global Dairy & Soy Food sector was valued at US$624,377.3 Million in 2016 and is forecast to record a CAGR of 4.3% over 2016-2021 to reach US$769,943.9 Million by 2021. Asia-Pacific is the second-largest region in the global Dairy & Soy Food sector, accounting for a value share of 26.1% in 2016. The value accounted for by the sector is forecast to grow at the fastest pace in value terms, registering a CAGR of 7.7% over 2016-2021, driven by the increasing acceptance of Dairy products in daily diets, rising urbanization and improving retail infrastructure in developing countries such as Indonesia and India, boosting the growth of value added Dairy products. Asia-Pacific Dairy & Soy Food sector is forecast to grow from US$163,197.2 Million in 2016 to US$236,485.1 Million in 202......
$2100

Austria – The Future of Foodservice to 2021

Austria - The Future of Foodservice to 2021 Summary Austria is a highly affluent country in comparison to much of wider Europe, boasting low unemployment and among the highest levels of GDP per capita. This is primarily due to the country's strong economic climate prior to the financial and Eurozone crises. In recent years, however, Austria's economy has been largely stagnant, with GDP growth underperforming in comparison to countries of similar wealth such as Denmark, Sweden and neighbouring Germany. In 2016, Austria's foodservice profit sector was valued at approximately EUR€ 14.4 Billion, making it the 12th largest European market (including Russia and Turkey). Similar to much of continental Europe, value growth has been predominantly driven by growth in transactions, with outlet nu......
$9995

TrendSights Analysis: Moderation & Avoidance – Empowering consumers to limit or avoid specific ingredients, or products; by choice or necessity

TrendSights Analysis: Moderation & Avoidance - Empowering consumers to limit or avoid specific ingredients, or products; by choice or necessity Summary Consumers exhibit, or aim to exhibit restraint, as a means of supporting or improving their wellbeing. In doing so, they are giving up or moderating many villain ingredients, vices and other impurities for the good of their long-term health. For many consumers moderation or avoidance behaviour is done through choice; however, others are forced to for certain medical, cultural, or religious reasons. While the moderation or avoidance of certain ingredients can be forced upon consumers due to certain medical diagnosis, such as diabetes or food allergies; for many it is a personal lifestyle choice. Indeed, as health continues to be a m......
$3450

The Philippines – The Future of Foodservice to 2021

The Philippines - The Future of Foodservice to 2021 Summary Philippines' economy saw strong growth between 2014 and 2016, and incomes are expected to continue rising beyond 2021. Consumer prices are, however, also forecast to increase significantly over the six-year period. The Philippines has a relatively high population growth rate and, on average, a young population. The country is also urbanizing rapidly, opening up new opportunities for foodservice operators. Revenue in the profit sector within the foodservices industry rose at a CAGR of 4.2% between 2014 and 2016. Value growth is forecast to accelerate to 2021, at a strong CAGR of 5.1%. Growth in the overall profit sector reflects rising incomes, growth in urbanization and increased consumer confidence in the Philippines. Transact......
$9995

Flavor Appeal in Chocolate 2017: Insights from 2017 Q1 global consumer survey and latest innovation trends in chocolate

Flavor Appeal in Chocolate 2017: Insights from 2017 Q1 global consumer survey and latest innovation trends in chocolate Summary Today's consumers are sensation-seekers and are drawn to indulgent, artisanal, and novel food products. Flavor innovation in food products is an integral tool for addressing consumers' desire for intense and complex sensations resulting in increased experiential pleasure. Effectively manipulating product smell, shape, sound, feel, and taste can help to create an emotionally and sensorially engaging proposition. Understanding consumers' flavor preferences is the starting point to help manufacturers identify novel flavor combinations that are likely to attract consumers and maintain interest in shopping and consumption. Global consumers are inclined to try ......
$1450

Opportunities in the Latin American Bakery & Cereals Sector: Analysis of Opportunities Offered by High-Growth Economies

Opportunities in the Latin American Bakery & Cereals Sector: Analysis of Opportunities Offered by High-Growth Economies Summary Global Bakery & Cereals market was valued at US$477,860.4 Million in 2016 and is forecast to record a CAGR of 3.4% during 2016-2021, to reach US$565,588.3 Million by 2021. North America (28.5%) is the largest region by value, while Eastern Europe (22.9%) is the largest market by volume in 2016. Latin America, with a value share of 11.1% in the global Bakery & Cereals sector in 2016, is forecast to grow at a CAGR of 3.8% during 2016-2021. Rising disposable incomes, the increasing demand for convenient breakfast options and growth in the popularity of natural/organic baked products is spurring the demand for Bakery & Cereal products in the region. Bakery & ......
$2100