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Market Projections and Trends for India’s Food & Grocery Industry
By IMAGES ResearchA detailed examination of the F&G market covering key aspects such as market size, growth projections, price inflation, online grocery shopping, quick commerce and many more. -
Key Components of India’s Food Industry: Staples, Rice, Wheat, Sugar, Edible Oils, and Pulses
By IMAGES ResearchInsights and forecasts on key components of India’s F&G industry - Staples, Rice, Wheat, Sugar, Edible Oil, Pulses, and the various factors influencing their growth, and impacting their trade dynamics.Dairy Sector Boom: India’s Milk Production and Dairy Industry Surge Ahead
By IMAGES ResearchA deep look into India’s milk production,consumption trends, government initiatives, International trade, , inflation, and the booming ice cream market.Spicing Up India: Exploring the Dynamic Growth of the Spice Market
By IMAGES ResearchFrom the pursuit of authentic flavors to the expansion of the HoReCa sector, the spice market in India is driven by various factors, highlighting the importance of natural and organic spices.India’s Ever-Growing Non-Veg Food Market: Production, Consumption, Innovation and Market Trends
By IMAGES ResearchThis chapter explores meat production trends, and how meat companies are shaping the market. Additionally, with the emergence of plant-based meat alternatives, the pioneering companies are adding a new twist to the tale.Fresh Produce Challenges and Solutions in Indian Retail: A Comprehensive Overview
By IMAGES ResearchIndia’s fresh produce industry is rewriting its narrative with impressive growth rates, robust government support, and a burgeoning startup culture.A Journey Through India’s Beverage Landscape
By IMAGES ResearchIndia’s diverse beverage industry includes a wide range of products. Cold beverages, including ready-to-drink options, are gaining popularity, while tea and coffee remain stable in the domestic market and expand their modern retail presence.India’s Food Processing Industry: A USD 535 Billion Powerhouse by 2025
By IMAGES ResearchIndia’s food processing industry has been achieving impressive export growth- 21% CAGR from 2019 to 2023. Government initiatives have strengthened this sector, enhancing its capabilities and promoting economic growth.Enhancing Food Safety in India’s Evolving Food Industry
By Hanuma Pogaru & Abhijit Dutta, AccentureThis chapter emphasizes on the pivotal role of food safety regulations and technological advancements in enabling the safety and integrity of the food supply chain.The Online F&G Retail Revolution:Navigating Challenges and Growth
By Baqar Iftikhar NaqviIndia’s F&G retail sector is rapidly growing through online retail platforms expanding its efficiency, and leveraging tech trends exponentially.Navigating India’s Evolving Food and Grocery Landscape
By Ashish Dhir, Kashish Gupta & Sumeesha Dhawan, 1LatticeIndia’s F&G sector comprises 3 categories: food processing, food retail, and food services. Each of these segments plays a vital role in meeting the diverse needs of consumers, contributing to the industry’s growth and economic significance.Private Label in India: A booming retail phenomenon
By Madhumita MohantyThe growth rate for private labels since 2016 is 2x and stands at a remarkable 38% as against a 19% CAGR for organized retail market in India.The Evolving Landscape of Private Label in the Retail Sector
By Piyush SinhaPrivate labels have moved beyond lower-priced alternatives to becoming significant contributors to the retail landscape. In India, PL represents 4% of total retail sales, out of which 70% are found in food categories and the rest 30% in non-food categories.Viksit Bharat by 2047: Role of the food processing sector
By Chirag Jain, Naveen Malpani, Nilav Patro & Pratishtha Nangia, Grant Thornton BharatIndia’s food processing industry holds the potential for transformation. By 2047, the goal is to boost its GVA contribution and establish India as a global leader in processed food exports, underlining its integral role in shaping India’s economic future.Behind India’s Packaged Food Boom: Industry 4.0 and Beyond
By United Nations Industrial Development Organization
(UNIDO) & Department of Science & Technology, Government of IndiaThe Indian food processing industry is a growing sector. The adoption of advanced technologies, like Industry 4.0 and digital twins can improve productivity and enhance the traceability and sustainability of this sector.From Tradition to Innovation:Exploring India’s Savory Snacks, Sweets, and Papad Markets
By Bikaji Foods International LtdThe packaged food industry has experienced remarkable growth with its relentless upward trajectory since FY 2015, and the future looks even brighter, with an expected CAGR of 9.1% over the next five years.Plant-Based Lifestyle and Industry Evolution in India
By Associated Chambers of Commerce and Industry of India (ASSOCHAM)India’s plant-based market is surging, with small and medium enterprises joining the movement, showing an 11.32% CAGR from 2023 to 2027.Behind India’s Packaged Food Boom: Healthier Options and Novel Products
By M.R. Ganesh, Euromonitor InternationalThis chapter delves into packaged food players in India who are responding to changing consumer behavior by launching healthier, more convenient, and novel products tailored for multiple consumption occasions.Cheese brands can expand in India with innovations for kids, snacking, and cooking
By Anamika Banerji, Mintel Reports IndiaMintel’s analyst identifies opportunities for the cheese category to broaden its reach with innovations positioned for children, snacking occasions, and experimental at-home cooking.Plant-Based Protein: A New Health Trend Takes Root
By Agriculture and Agri-Food Canada (AAFC)As India continues to evolve on its culinary journey, the global trends in plant-based diets and alternative proteins are influencing changes in the nation’s food culture.Honey, Sweet Spreads, Maple Products: Prospects and Market Trends
By Agriculture and Agri-Food Canada (AAFC)The honey, sweet spreads, and maple products market in India is showing robust growth. The import figures signify India’s engagement with international trade, with a focus on these products.Trends and Opportunities in Healthy Food & Beverages Market
By Agriculture and Agri-Food Canada (AAFC)India’s health and wellness sector in the food & beverage industry is witnessing a remarkable surge, projecting an 8.8% CAGR from 2021 to 2026.Agri-tech and retail innovations transforming the future of food
By Anand Ramanathan, Avinash Chandani, Hardik Shah, Harsheen Anand & Shivam Pandey – DeloitteThis chapter delves into food industry transformation in India powered by agri-tech and retail-tech integration.From Farm to Fork: The Imperative of Transparency in the Food Supply Chain
By Honey Singhal, GS1 IndiaThis chapter dives into the essence of transparency, sustainability, and consumer trust, focusing on its critical role in the food sector.Winning strategies and future trendspotting in Foods
By Kanaka Bhagwat, Namrata Gupta, and Shishira Hegde, with additional contributions from Jaishree Agrawal and Abinav Tiwari - NielsenIQIndia’s FMCG sector is showing urban-rural growth shifts due to price-volume dynamics. Consumers favor local brands amid inflation, emphasizing value and health. Private labels rise with a focus on healthier products, thus reshaping strategies.From Plate to Portfolio: Deep Dive into Funding, M&A & IPO Dynamics in Indian F&B Sector
By Pankaj Karna & Maple Capital Advisors - Arman Talwar & Jai BhargavaMergers and acquisitions have played a vital role in shaping the F&B landscape in India, with both domestic and international players making significant investments.On the platter: A golden period for growth in food and beverages in India
By Subhendu Roy, Ayush Sharma and Nivedita Sinha, A. T. KearneyIndia’s evolving economy, driven by affluence, aspiration, and improved F&B access, is spurring consumption and demand. Digital technology, big data, and AI are optimizing industry efficiency, and the quest for high-quality F&B is fueling the premiumization trend.Eight trends shaping India’s FMCG industry
By Shiv Sharma & Olivier Prexl, Kanvic ConsultingThis chapter looks into new trends that are emerging with the potential to shape the FMCG industry for years to come.Tracking the rising trajectory of the FMCG sector in India
By MARCIndia’s FMCG market is expected to reach $220 billion by 2025, growing at a CAGR of 14.9%. The industry is characterized by fierce competition, changing consumer preferences, and a mix of domestic and international players, making it dynamic and full of growth opportunities.Insights into the Indian Foodservice Industry
By Pakhi Saxena, Wazir AdvisorsIn the face of unprecedented challenges including pandemic-induced lockdown, dine-in restrictions, and consumer reluctance to eat out amid health and safety concerns, the Indian food service market in India rebounded swiftly and reached US$57.2 bn in 2023.Overview of the Foodservice Market in India
By Ravindra Kumar Yadav & Gurvin Singh Bedi, TechnopakIndia stands as a pivotal market in the food service sector, contributing substantially to both direct and indirect employment, generating revenue for the government, and bolstering food tourism.Building Tomorrow’s Food Brands through Foodservice
By P. Rajan MathewsThe food service is shaping the Indian food industry. Their approach has been instrumental in the promotion and establishment of many well-known brands influencing food consumption patterns and brand recognition.Evolving Trends that are Revamping the Restaurant Industry
By Kinara CapitalThe Indian restaurant industry is witnessing several evolving trends like technology integration, sustainability practices, and many more offering variety, flexibility, and community orientation in the sector.Indian Foodservice Sector: Market Sizing, Overview, Trends, Opportunities, and Mapping the Sector
By K.S NarayananThe Indian food service sector is a vibrant and dynamic industry that has transformed in recent years. With the rapid proliferation of social media to changing consumer preferences, this sector has become a hotbed of innovation and investment.India’s Resilient Foodservice Industry: Growth Factors and Market Dynamics
By USDA Foreign Agricultural ServiceIndia’s hotels, restaurants, and institutional catering sector present opportunities for both exporters and local players, making it an exciting arena for them.India’s Foodservice Industry: Trends, Challenges, and the QSR Revolution
By Sanjay KumarWith a market size of approximately INR 4.5T and projected growth of 9% until FY25, the Indian food service industry plays a significant role in job creation, entrepreneurship, and innovation. Additionally, the QSR sector, a rapidly growing part of the food service industry, is thriving due to urbanization, changing lifestyles, and tech-driven convenience.
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Through research-based insights and chapters from global consulting firms and thought leaders, company heads, and industry experts, the Report uncovers many different aspects and trends critical to understanding India's food industry and exploring its full business potential.
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SECTION 1: INDIA’S FOOD ECONOMY: AN OVERVIEW
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1.1 India’s Food Sector
By IMAGES ResearchWhile talking of the food sector, Agriculture, which has been aiding the sector’s growth since ages and without which there would have not been any food industry. The agriculture sector, besides raising the food basket for internal consumption, also provides the basis for foreign food trade and it earn foreign exchange for the country. -
1.2 India’s Primary Food Sector - Agriculture
By IMAGES ResearchAgriculture holds immense significance, contributing significantly to India's GDP, exports, and livelihoods. It serves as the backbone of various industries, providing raw materials and supporting a substantial portion of the population's livelihoods. -
1.3 India’s Food Processing Sector
By IMAGES ResearchIndia, as a country, has progressed from scarcity to surplus in food during the past 8-10 years. The progress has resulted in an increased trade in the production of food commodities which, in turn, has paved the way for the food processing industry to grow and become profitable. -
SECTION 2: FOOD RETAIL: OUTLOOK & CHALLENGES
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2.1 Food Consumption & Retailing in India
By IMAGES ResearchIndia is one of the world's largest consumer markets, with food occupying a significant portion of the consumption basket. This consumption continues to rise steadily. At the domestic level, it encompasses food and grocery items, both raw and processed, primarily consumed within households, as well as food services like prepared meals and beverages served at various establishments outside the home. -
2.2 M&A/PE in Indian Food Services: Appetizing Times
By Pankaj Karna and Pranav VohraThis chapter looks into the promising future of the foodservice sector due to enhancement of same-store sales growth, foot traffic, emerging opportunities for expansion, positive consumption trends, and consumer-friendly taxation changes. These developments promise appetizing prospects for the industry's growth and prosperity. -
2.3 Decoding food safety for Indian FBOs
By Charu KhannaAs the Indian food industry caters to huge number of consumers in India as well as abroad, it becomes imperative for food business operators to ensure safety in their supply chains. -
2.4 The Traditional Grocer, the Speculative Customer and Digital Value
By Dr. Sandeep Puri and Abhishek SenIn India, grocery-based cashback apps are not in vogue, yet. But with the rise of organized retail, any venture in this direction is a potential disruptor. This is a relatively uncharted territory, and it is a signi cant business opportunity waiting to be tapped. -
2.5 An Overview of Indian Fisheries & Seafood Business
By Amod Ashok SalgaonkarUtilizing untapped inland and aquaculture resources, employing scientific fish production methods, promoting healthy seafood consumption, improving seafood availability at affordable prices, refining supply chains, and establishing the Fisheries and Aquaculture Infrastructure Development Board (FAIDF) are boosting India's seafood business landscape. -
2.6 How India’s Beverage Market Is Enlarging
By Abhinav BiswasWith India’s population skewed towards younger consumers, the majority of Indian consumption of food and beverages is driven by people between the ages of 18 and 40, which opens the opportunity for manufacturers to come with more varieties. -
2.7 Convenience Stores – a Challenging Opportunity in India
By Pushpendra YadavConvenience retailers must prioritize creating value through time-saving convenience for customers. When this convenience becomes more valuable to customers than price and the variety of options available, convenience stores have a winning proposition on hand.01
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SECTION 3: GROWTH CATALYSTS FOR INDIA’S FOOD SECTOR
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3.1 The Impact of Industry 4.0 in Food sector
By Anand Ramanathan, Avinash Chandani, Sayani Banerjee and Poonam BhutoriaThe food industry in India is expected to witness a radical shift thanks to various factors – Government of India’s drive to augment processing levels through Make in India campaign and Industry 4.0 playing a major role in elevating the manufacturing as well as supply chain landscape. -
3.2 Impacting Global Food Trade with Indian Palate and Make in India Initiative
By Arvind VarchaswiThe Indian food sector has come a long way, and is poised for immense growth and greater contribution to food trade across the world. The Make in India initiative is re-shaping the landscape of the Indian food industry, and opening doors for its growth through activities aimed at scaling up infrastructure. -
3.3 Scope of ’Make in India’ in the food sector
By O.P. KhandujaConstant innovation and introduction of consumer-friendly products is the need of the hour. It should be welcomed by all FMCG manufacturers. Better quality products and international packaging is required to attract not only Indian but global consumers as well. -
3.4 Unleashing the Potential of India’s Food Diversity
By Narendra BahetiIf pasta can evolve into a multi-billion dollar industry worldwide, consider the vast array of foods that India produces. The immense potential exists to elevate numerous Indian products to global popularity, fostering a thriving industry. -
SECTION 4: THE MARKET FOR PACKAGED FOOD
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4.1 Packaged Foods in India: An Overview
By Dilip RadhakrishnaThe demands of the accelerated lifestyles of younger urban consumers and their relatively high levels of health and hygiene awareness, are set to be key factors in the growing uptake in packaged food over unpackaged alternatives. -
4.2 India Holds Scope for Healthier Cream Biscuits
By Ranjana SundaresanBetter-for-you characteristics in cream biscuits are likely to give consumers a greater reason to indulge. -
4.3 Export Performance of Spices in India
Indian spices are the most sought-after globally, given their exquisite aroma, texture, taste and medicinal value. Traditionally, spices in India grow in small land holdings, with organic farming gaining prominence in recent times. -
4.4 Indian Snacks are Getting a ’Baked’ Makeover
By Shaishav MittalThe growing popularity of bakery is leading to a manifold increase in the demand for raw material traders, equipment makers, food courts in malls, franchise chains models, among others. The development of global tourism and hospitality industries has spurred this demand further. -
4.5 Taste of India: Namkeen Industry on the Rise
By Manoj GuptaBeing a most vibrant sector, the market for namkeen and snacks in India has been witnessing unprecedented growth in the recent past and continues to expand rapidly. Indian consumers seem to have recovered their taste for traditional snacks such as sev, bhujia and namkeen/ mixtures, which are contributing to the impressive growth rate of the snack firms -
4.6 A Growing Market for New Flavors’ Snacks
By Vikram AgarwalSnacking has witnessed a notable growth overt the years. Today, consumers want a variety of easy-to-carry, price-effective snacks that do not compromise on taste and nutrition. -
4.7 Ready-To-Eat Food: Millennials’ New Favourite
By Shashi BhatiaThe notion of convenience food has long been prevalent in the Western culture. As consumers' lives have become increasingly hectic and their incomes are rising, the Ready-to-Eat (RTE) category has experienced remarkable growth. This trend reflects not only a shift in lifestyle but also a demand for quick, hassle-free meal solutions that align with modern demand. -
SECTION 5: THE BUSINESS OF IMPORTED FOODS
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5.1 India’s Foreign Food Trade
By IMAGES ResearchAPEDA records its food trade under six major product groups – Floriculture, Fresh Fruits & Vegetables, Processed Fruits & Vegetables, Animal products, Other Processed Foods and Cereals. India’s growth prospect in terms of foreign food trade remains asymmetric across regions. The economic growth projections by the IMF, World Bank and United Nations provide a positive outlook and an expected trade growth. -
5.2 Foreign Foods in India
By Sumit SaranIndian agriculture has come a long way. The food security that we have today stands in sharp contrast to a period not so far back, when food stocks had reached such a precarious low that it was only sufficient to last for two weeks and, still worse, there was nothing in transit. The seeds of Green Revolution that were sown have given the country a lot to cheer about. -
5.3 International Food Business - Current Scenario and Future: An Entrepreneur’s Vision
By Amit LohaniIndian consumers today represent a community with diverse sentiments. A majority of them favour an experimental palate, which creates a plethora of opportunities for the international F&B sector in country. While maintaining a balance between aspiration and tradition agrees perfectly with the Indian palate, the trends originating in the West are also promptly picked up by the Indian social media and translated into practice with instant recognition. -
SECTION 6: CONSUMER TRENDS AND BUSINESS OPPORTUNITIES
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6.1 Consumption Trends that will Shape the Future of Indian Food Industry
By Baqar Naqvi and Willson AnandThe food industry is undergoing a significant evolution, influenced by socio-economic and cultural shifts among each new generation. These changes are reflected not only in people's behavior but also in their food habits. Traditional cuisines, deeply rooted in regional traditions, lifestyles, religions, climates, and agricultural conditions, are adapting to these evolving trends. -
6.2 Food for thought...Demystifying the Opportunities in F&B Retail
By CBREThe Food and Beverage (F&B) sector, both globally and in India, has shifted from being a mere appendage of retail to a fully independent segment. It's no longer just about complementing retail; F&B now has the power to stand alone and even enhance the consumer experience, sometimes becoming the primary retail offering. -
6.3 Key Trends Impacting Foodservice Industry
By Saloni NangiaThe key trends are shaping the food services industry globally and in India across various segments: from consumer preferences and restaurant dynamics to kitchen innovations, logistics, marketing, and digital advancements, reflecting a comprehensive evolution of the entire ecosystem. -
6.4 Nutraceuticals Industry and the Emergence of Health-conscious Consumers
By Rajat WahiModern lifestyles with reduced physical activity and less exposure to natural environments have led to depleted nutrition intake. Nutraceuticals, recognized globally as supplements to regular diets, are gaining traction worldwide, rapidly penetrating developing countries like India due to their ability to provide essential nutrients efficiently. -
6.5 Nutritional Foods to Expand its Consumer and Market Base
By Rahul JoharIn today’s age, millennial are looking for healthier food alternatives – ready to eat quinoa salad is preferred more than ready to eat fries. Healthier food alternatives are changing the market dynamics and now becoming a mainstream option of consumption. -
6.6 India Food Trends: What’s Next?
By Narayanan KSSpotting trends in the Foods & Beverages sector is both safe and risky. Even identifying a few trends can correctly can lead to significant success. However, changes in the industry occur gradually over many years, particularly in regions with rich histories and cultures. Here are five major trends to watch out for. -
6.7 Food Trends and its Impact on Consumption
By Kamaldeep SinghA notable trend shaping consumption habits is the proactive selection of food products by Indians to align with their dietary and health objectives. -
6.8 That Taste from ’back home’
By Madhumita MohantyAs more people move away from their hometowns in search of career opportunities, it's common for them to seek food items from their place of origin to their new work or living location. -
6.9 Wellness and Food at Work!
By Rohan KichluCompanies are employing proven techniques such as cafeterias designed to support healthy choices through environment cues, as well as reduced portion sizes, effective labeling schemes, and other innovations that make it easy for employees to eat healthy food on a daily basis, and maintain a healthy weight over time.
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An in-depth analysis of the trends, market size, status, upcoming technologies, industry drivers, challenges with key company profiles and strategies of players in Food Retail.
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SECTION 1: INTRODUCTION & OVERVIEW
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1.1 India’s Food Sector
The Indian food sector has gained attention for serving 13.4 percent of the world's population domestically and exporting to a significant global market. It has become a focal point for major economies globally. -
1.2 Food Grocery Market
The food grocery market, enriched by regional tastes, geographical demands, cultural traditions, and diverse consumer preferences, is highly dynamic. It exists in various forms, reaching consumers through a plethora of retail channels, from traditional hawkers and street vendors to modern supermarkets, hypermarkets, specialty food stores, and online shopping websites. -
1.3 Dry Food Grocery
Dry food grocery (DFG) products encompass cereals, grains, pulses, grams, and their respective flours, in addition to sugar, edible oils, and dry fruits. -
1.4 Dairy
The dairy market in India is eye-catching for the primary reason that the country is the largest producer of milk. The Indian dairy industry has grown considerably post the White Revolution, and the Food items include liquid milk, baby foods, processed milk such as skimmed, condensed and powdered milk, curd, butter, ghee (clarified butter), ice-cream and other milk products. -
1.5 Spices
While spices are considered part of Dry Food Grocery (DFG), their crucial role as food additives warrants a separate discussion. India, as the largest producer, consumer, and exporter of spices and spice products globally, boasts a rich history of spice trading spanning ages. -
1.6 Fresh Produce
The category of fresh produce contributes as an integral part of the total cultivation in the country and caters to the overall Indian population. The category consists fruits and vegetables in fresh and raw forms. -
1.7 Perishables
The perishable food items form an integral part of daily meals. The category of perishables includes eggs, meats (mutton, beef, pork, etc.), poultry and game, seafood and fish markets. -
1.8 Beverages
The beverages category includes non-alcoholic drinks liketea, coffee, packaged & flavoured water, fruit juices and bottled & canned drinks. With the entry of major international beverage players over the last few decades, the market has evolved and has made way for many beverage products, which have found an immediate connect with Indian consumers. -
1.9 Other Processed Foods
The category of other processed foods (OPF) includes all those foods that have undergone processing and transformed into ready-to-eat items such as biscuits, bakery food items, sweets, snacks, sauces, pickles, preserves, etc. These foods generally serve as table accompaniments in meals, snacks and refreshments. -
SECTION 2: PROCESSED FOOD
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2.1 Food Processing: Advantage India
By India Brand Equity Foundation (IBEF)With its agricultural prowess, India has long been poised to become a major player in the global food processing industry. While progress has been notable since liberalization, the sector is now primed for significant expansion across key categories, meeting domestic and international demand. This presents vast opportunities, creates employment, and boosts farm incomes nationwide. -
2.2 Competitiveness of India’s Food Processing Sector
By Amit Kapoor & Sankalp Sharma, Institute for Competitiveness AnalysisThis chapter provides a detailed examination of the evolving food processing industry in India, exploring its various segments. Authors delve into historical context, tracing sector development and governmental policy initiatives aimed at enhancing industry competitiveness. Key challenges, growth drivers, and industry trends are also analyzed, offering a comprehensive understanding of the sector. -
2.3 Investment Opportunities in Food Back-End Operations .
By Debashish Mukherjee & Subhendu Roy, A.T. KearneyInvesting in the food value chain presents significant opportunities in India today, ranging from large-scale investments to niche opportunities, depending on investor preferences. Government support has facilitated investment in the sector, driven by both consumer demand and industry attractiveness. -
2.4 Health & Wellness Foods: The Marketer’s Recipe Book
By Dolly Jha & Rishi Sharma, Nielsen IndiaWith health and nutrition being a top priority for the family, marketers must address these primary needs with their packaged food offerings. To stand out, successful propositions can differentiate themselves through unique elements in their marketing mix. -
2.5 Sweet Indulgence
By IMAGES Report and Research Analysis by Euromonitor InternationalAs India’s confectionery market continues to evolve, interesting innovations will come forth and further propel growth of the market. -
2.6 Ready to Eat / Ready to Cook
By P. Rajan MathewsDue to advancements in food processing and packaging, the ready-to-eat food category is witnessing a surge in consumer popularity and acceptance. However, the category is largely export-driven as it is yet to establish a firm footing in the Indian retail market Nevertheless, the category holds promise for growth with increasing consumer awareness and evolving lifestyles -
2.7 Meeting the Challenges of Nutritional Transition
By Arabind DasIndia's food processing industry is crucial for nutritional security, but its progress doesn't align with the challenge of "nutritional transition." Diverse challenges must be identified and addressed to unlock the sector's growth potential. -
2.8 Rising Bakery Industry
A proliferation of bakery training institutes, increasing demand for bakery chefs and trained manpower, transition of India from importer of bakery ingredients to exporter, surge in manufacture and import of bakery equipments, and increasing consumption of bakery items, indicate an exponential growth of the bakery industry in the near future. -
SECTION 3: GROCERY RETAIL & MARKET
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3.1 Food & Grocery Retail - Industry Trends and Insights
By Baqar Iftikhar Naqvi, Avnish Malhotra & Varun Chugh, Wazir AdvisorsA report on the global trends in food retail, established and emerging grocery formats and the contours of India’s evolving grocery market. -
3.2 Rising Share of E-Grocery in India
By Dr Sandeep Puri, Abhijeet Gaurav and Rajat Agarwal, IMT GhaziabadOnce deemed far-fetched, the online grocery market has rapidly gained traction, now competingwith a multitude of players. These e-grocers attract customers with fast delivery, competitive pricing, advanced technology, and fancy interfaces. -
3.3 Online and Kirana -The Odd Couple
By Prof. Piyush Kumar Sinha, Prof. Srikant Gokhale and Saurabh Rawal, Indian Institute of Management Ahmedabad (IIMA), IndiaThis chapter looks at the factors that have led to the proliferation of e-commerce in emerging economies and finds that a combination of traditional retailing along with e-commerce will gain ground in the coming years. -
3.4 How Technology is Powering the Retail Bandwagon
By IMAGES ReportWith omni-channel strategy gaining ground in India, the retail sector including Food and Grocery is looking up to myriad innovations that will help to tap today’s tech-savvy customers. -
SECTION 4: F&G RETAILERS
This section encompasses a list of retail majors and regional retailers -
SECTION 5: TRENDS IN CONSUMPTION
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5.1 Structural Shift in India’s Food Consumption
By Mridusmita Bordoloi & Rajesh Shukla, People Research on India’s Consumer Economy (PRICE)The food market in India has undergone many structural changes over the past two decades. Here’s an in-depth analysis that looks into these shifts, the dynamics of evolution and how the spending patterns are shaping the trends and growth in different food categories. -
5.2 India’s Changing Rural Markets: How FMCG Companies Can Win Over Aspiring Rural Consumers
By Sanjay Dawar & Raghuram Devarakonda, AccentureAs India's rural market consumers rapidly evolve in attitudes, priorities, and purchase behaviors, businesses must go beyond geographic expansion. While physical reach is crucial, sustainable growth in rural markets demands extending "mental reach" to earn trust and loyalty from these consumers. -
5.3 Why Don’t Big Businesses ‘get’ it?
By Rama BijapurkarConsumer India eagerly awaits a relevant and value-driven supply of diverse food and food services. While small eateries and street food innovate, big businesses often underserve this market. Rather than waiting for consumer preferences to shift towards foreign food, there's an opportunity to add value to their current preferences today. -
5.4 The Will of Food: Understanding the Food & Beverage Motivations in Modern India
By Soumya Mukhopadhyay, Ranjana Gupta & Gurpreet Wasi, IMRB InternationalThis section in the IMRB food report focusses on the primary motivations behind food and beverage consumption in India. These studies concentrated on food and beverage categories beyond the everyday staples. The chapter concludes with some observations likely on the food's future in India. -
5.5 Why We Buy: Decoding Food Buying Behaviour
By Soumya Mukhopadhyay, Ranjana Gupta & Gurpreet Wasi, IMRB InternationalThis section of the IMRB food report attempts to unravel and understand the changing food & grocery consumption behaviour on the basis of key consumer insights and understand the emerging trends that will shape the future and profitability of food retail in India. -
5.6 Exotic’s Place of Pride
By Tarun Jain & Ravindra YadavThe exotic vegetables market is expected to grow at a higher rate largely due to its premium nature, higher consumer demand, and growth of the organized food service sector. -
5.7 The Organic Age
By Sunil KumarDespite facing hurdles, organic produce in India holds the potential to positively impact farming communities and transform consumers' lives. -
5.8 Tracking the Milky Way
By Sam Allen, CanadeanThis report on India's dairy market aims to provide an analysis, helping manufacturers identify key demographic targets and opportunities to enhance sales and buying occasions for dairy products through reformulation and strategic positioning. -
5.9 Brewing Succes
By Tarun Jain & Reetesh ShuklaThe growing acceptance and appreciation of coffee as a beverage in India have prompted established brands to introduce exotic ranges. -
5.10 Nuts about Dry Fruits
By Ravindra Mehta & Avinash Kant KumarOver the past few years, nuts and dry fruits have transitioned from being considered luxury items to becoming essential commodities. -
5.11 All Things Hot
By Sam Allen, Canadean ResearchAn analysis of the evolution of the Indian spice market in the face of global trends. -
SECTION 6: FOOD & TECHNOLOGY
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6.1 The Impatient Consumer, iOT and the Food of Everything
By Harish BijoorThere is more to foods than meets the eye. There is technology. There is the consumer who is forever morphing. And there is the future. Let’s peep into it. -
6.2 Disruption in the Food Industry- Rise of Food Tech Startups
By Sachit Bhatia, TroikaTechnology is revolutionizing industries globally, with startups scaling rapidly. India is at the forefront of this transformation, with every sector being impacted. The rise of food tech mirrors the e-commerce trend, with significant innovation seen in the Indian food industry driven by tech startups. This momentum is unlikely to wane, with new startups emerging consistently. The future is full of possibilities! -
6.3 Product Recall - The Big Challenge for Food Businesses
By Charu Khanna, GS1 IndiaThe lack of full-chain visibility and an absence of structured information sharing among the various supply chain partners is the root cause of ineffective food recalls. -
6.4 Managing Global Food Chain Risks
By Ajay Kakra, Pwc IndiaImplementing Food Supply Chain Management to improve supply chain resilience and increase flexibility. -
6.5 Sustainable and Inclusive Supply Chains a Key Business Driver for Food Industry
By Asitava Sen & Barry Lee, International Finance Corporation (IFC)In today's dynamic landscape of fluctuating commodity prices, evolving customer preferences, and emerging markets, supply chain sustainability is increasingly vital for global food and beverage companies as a risk mitigation strategy. This article aims to showcase successful interventions by IFC clients and their resulting economic, environmental, and social developments. -
SECTION 7: FOOD SERVICE
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7.1 Indian Food Service Market Overview
By Suman Dabas & Ravindra Yadav, Technopak Advisors Pvt. Ltd.Here is a detailed analysis of the various segments within the Indian Food Service market and their future prospects. -
7.2 Intensifying Competition
By Maple Capital Advisors ResearchThe food service industry has experienced increasing competition, with early indications of growth recovery, select consolidations, and significant capital investments in food-oriented consumer internet-enabled ventures. -
7.3 Indian Homegrown Restaurants
By Prof. Piyush Kumar Sinha and Anshul Mathur, Indian Institute of Management AhmedabadThe Indian restaurant industry is thriving, experiencing double-digit growth in recent years. This growth is mainly driven by young consumers who are willing to spend more on dining out with family and friends, leading to the expansion of restaurants of all types and sizes. -
7.4 Experiments for the Palate
By Rachna NathEvolving tastes and preferences are propelling the food service market like never before. India is witnessing not only a shift in food choices but also in the methods used to reach target customers. -
7.5 What’s on the Plate?
By Puneet VermaFrom ingredients to influences, here‘s what need to be optimized for an innovative foodservice. -
7.6 Goal Vegetarianism
By Mini RibeiroIndustry experts suggest that within the next 40 years, the world's population may need to adopt a vegetarian diet to mitigate the effects of rapid climate change. Hotels and restaurants are already preparing for this shift as people begin to transition towards vegetarianism. -
7.7 Scaling Up
By Manisha BapnaThe Informal Eating Out (IEO) industry is expanding, presenting opportunities for Quick Service Restaurant (QSR) players to extend their reach and attract a broader consumer base by introducing new cuisines and innovative marketing strategies. -
7.8 Franchising Fervour
By Kavitha SrinivasaRestaurant franchising has emerged as an interesting proposition in India. While international brands are wooing desi food lovers, Indian brands are whetting the appetite of overseas consumers, thanks to franchising -
7.9 Scientific Service
By Mini RibeiroFor hospitality operators, investing in tools to provide exceptional guest experiences is essential. With hi-tech and one-touch solutions promising to enhance experiences, hotels are fully embracing technology integration, from their kitchens to table service. -
7.10 Social Media Power
By Annie JohnnySocial media provides restaurateurs with a cost-effective platform for immediate marketing and promotion through engaging campaigns that directly involve customers. However, the downside is that a single tweet has the potential to instantly damage the brand's value. -
7.11 Supply’s Strength & Support
By Manisha BapnaThe supply chain is at the heart of the economics of a restaurant and must be designed depending upon the product, the targeted customer experience and location of the restaurant. -
7.12 Biryani or Pizza Choice for QSR
By Team D’Essence Hospitality Advisory Services Pvt. Ltd.Biryani has a pan-India appeal. In the north, it is loved as Awadhi or Lucknawi, and in the south it is associated with Hyderabadi Cuisine. The Bengalis love their lighter version and Mumbaites take pride in Bombay Biryani. Evolving food tech, packaging and delivery mechanisms, and the Indian youth’s love for QSRs as well as the staying power of biryani to retain its aroma and taste has re-invented the way Indians are ordering, serving and consuming biryani. -
7.13 Making the Right Choice
By IMAGES ReportWith the onslaught of international equipment, Indian manufacturers, too, have started delivering upgraded and automated products that can give better results. Hence, one can choose between imported and local kitchen equipment, or a combination of both for optimal utilisation of capital invested without compromising on the final product output quality -
7.14 Amping up Efficiency Standards
By IMAGES ReportEquipment upgrades and cost reduction are current trends in the hospitality industry. Kitchens are embracing energy-efficient, environmentally friendly, and technologically advanced equipment, with advancements in refrigeration, heating, storage, and food preparation technology. -
SECTION 8: DEVELOPING A VISION AND STRATEGIC PLAN
Lets take a look at the vision and the strategic planning of some of the industry leaders- P. Rajan Mathews, VP - Marketing & Sales, Desai Brothers Ltd. - Food Division (Mother’s Recipe)
- Sougata Basu, Head of Marketing, Innovative Foods Ltd (Brand Sumeru)
- O P Khanduja, Business Head, DS Spice Co. Pvt. Ltd.
- Ajay Katyal, President - Organics at Amira Pure Foods Pvt. Ltd
- Oliver Mirza, MD, Dr. Oetker India Pvt. Ltd
- Sahil Gilani, Director - Sales & Marketing, GITS Food Products Pvt Ltd
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