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Noida, Uttar Pradesh, India, 2010/05/31 - With a large consumer base and rising living standards, India has huge potential for growth in food & drinks market in coming times, says RNCOS.
As per our report “Indian Food and Drinks Market: Emerging Opportunities”, Indian market offers huge potential for growth and has been eyed as one of the most lucrative markets across the globe. As Indian retail sector has been least affected by the economic slowdown, it has showed a double-digit growth rate and is anticipated to continue with the similar growth trend in the coming years.
Indian food and drinks market is presently dominated by the unorganized retailing, which indicates great scope for the organized retailing. According to the report, there has been substantial growth in the soft drinks market, especially the energy drinks segment. And not to forget the growth that has been observed in the alcoholic drinks segment, where the market has lots of opportunities for the international players preparing to enter the Indian market.
The report also identifies the potential growth areas that are going to drive the Indian market in future. The organic food, packaged food and ready to eat food segments offer huge potential due to change in the lifestyle and the eating habits of the Indian people. The Indian processed food market, in particular, has seen significant growth in the recent years and has been increasing its share in the Indian food market. With the approval of the FDI in the sector, Indian processing food industry is all set to touch new heights in coming years.
The 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.
Most importantly, the report gives the industry forecast based on correlation of past drivers, challenges and opportunities for expansion. In this way, the report presents a comprehensive and coherent analysis of the Indian food and drinks market that will prove decisive for clients.
RNCOS (RNCOS.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.