Ready
to Eat Market in India 2014 research report
highlights the rising demand for Ready to Eat products in India due to the
increasing levels of income of its vast population and their hectic lifestyles.
The Ready to Eat products sector can be categorized into two broad segments,
frozen products and shelf stable products that are available in the form of
dinner/breakfast items and desserts/snacks.
Consumer survey shows that there is a
high demand for both the segments. RTE products are easy to use as they require
minimum time for cooking such as re-heating to a desired temperature or the
addition of water.
The rise in fruit and vegetable prices
has helped RTE products to emerge as an easy substitute for consumers as they
tend to be comparatively cheaper. The growing retail market is another major
reason for the expansion of the RTE market. The growth rate and revenue is
expected to be high over the next five years. The market is dominated by a
private foreign player. With the expansion of the market, more and more players
are venturing into this segment. Given their hectic lifestyles, more and more
consumers are opting for RTE food products, thereby offering tremendous growth
prospects for the players involved.
Spanning over 125 pages, “Ready to Eat Market in India 2014” report covering the Macroeconomic
Indicators, Market Overview, Market Segmentation, Consumer Insights, EXIM,
Drivers & Challenges, Government Rules & Policies, Government
Participation, Trends, Competitive Landscape, Appendix. The report covered
companies are - ADF Foods Ltd., Aakriti
Foods Pvt. Ltd., Gits Food Products Pvt. Ltd., Godrej Tyson Foods Ltd.,
Haldiram Manufacturing Company Pvt. Ltd. (1/5), Ushodaya Enterprises Pvt. Ltd.,
MTR Foods Pvt. Ltd., Veetee Fine Foods LtdITC Ltd., Kohinoor Foods Ltd.,
Vadilal Industries Ltd., Venky’s India Ltd.
For
more information visit at: http://mrr.cm/Z8W
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