Market share of “Ready To Eat and Packaged Foods” products in India



Background: Packaged Food Industry – An overview



  •  It is believed that around 30 million Indians – comprising both upper
 and middle class – consumepackaged food, which includes ready-to-cook, ready-to-eat and frozen food – in high quantities. This figure is likely to reach 200 million within the next three years.
  • The retail market for frozen food has a potential to grow at a CAGR of 20.5 percent, from Rs.3,650 million to Rs.9,300 million. 
  • India’s ready-to-eat food market is projected to grow at a CAGR of around 22 percent till 2020. 
  • The frozen food market for food service segment promises an even better opportunity. Estimated to be Rs.6,350 million, it will expand at a CAGR of 26.6 percent to reach Rs 20,600 million
  • In the past five years, the market has grown exponentially at a CAGR of close to 20 percent and the next five years will show a similar or even faster growth.      
  • The frozen food category in India is at an early stage of evolution and is currently small compared to the more mature markets, but is expected to grow quickly. Globally, the frozen processed foods market is huge, somewhere close to US $60 billion.  
  
Table Of Contents  
  •   Research objective and scope of the study
  •   Sample size and target groups  
  •   Research methodology  
  •   Background: Packaged food industry – An overview  
  •   Major Brands: Packaged food companies  
  •   Major Brands: Packaged food companies    

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