Ready to Cook Market in India 2023-2027
Technavio has been monitoring the ready to cook market in India and is forecast to grow by USD 488.97 mn during 2022-2027, accelerating at a CAGR of 7.12% during the forecast period. Our report on the ready to cook market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing preference for convenience food products in working population, new product launches, and evolving retail landscape.
Technavio's ready to cook market in India is segmented as below:
By Type
- Instant noodles and pasta
- Instant soup
- Ready-to-mix
- Snacks
- Others
By Distribution Channel
This study identifies the rising number of promotional and marketing activities as one of the prime reasons driving the ready to cook market during the next few years. Also, packaging-related innovations and growing household spending on food will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the ready to cook market in India covers the following areas:
- Ready to cook market sizing
- Ready to cook market forecast
- Ready to cook market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ready to cook market vendors that include Bambino Agro Industries Ltd., Capital Foods Pvt. Ltd., CG Corp., DARSHAN FOODS PVT. LTD., Desai Foods Pvt Ltd., Gits Food Products Pvt. Ltd., Godrej Agrovet Ltd., Hindustan Unilever Ltd., iD Fresh Food India Pvt. Ltd., IndianFarm Foods Pvt. Ltd., Innovative Foods Ltd., ITC Ltd., Kohinoor Foods Ltd., Maiyas Beverages and Foods Pvt. Ltd., McCain Foods Ltd., Nestle SA, Orkla ASA, Regal Kitchen Foods Ltd., Tata Consumer Products Ltd., and Universal Corp. Ltd. Also, the ready to cook market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.