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Technavio expects the ready-to-eat food market in India to grow by USD 751.43 mn from 2021 to 2026. The growth momentum of the market will accelerate at a CAGR of 18.63% during this period.
Market Segmentation Analysis
- By product, the frozen food segment will have significant market share growth during the forecast period.
- Frozen food products include a wide range of food products such as fruits and vegetables, meat and poultry, and ready meals. These products are rapidly frozen and are kept frozen until used.
- The increasing consumption of frozen foods due to convenience and the growing number of working women are some of the factors driving the frozen food market in India.
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Notes:
- The ready-to-eat food market in India is expected to accelerate at a CAGR of 18.63% during the forecast period.
- The ready-to-eat food market in India is segmented by product (frozen food, ready to heat, and ready to cook) and distribution channel (offline and online).
- The market is fragmented due to the presence of many vendors holding significant market share.
- The report offers information on several market vendors, including Bikanervala Foods Pvt. Ltd., Darshan Foods, Gits Food Products Pvt. Ltd., Haldiram Foods International Pvt. Ltd, Heritage Foods Ltd., ITC Ltd., McCain Foods Ltd., McCormick and Company Inc., MTR Foods Pvt. Ltd., and Tyson Foods Inc.
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Related Reports:
- Ready to Cook Market in India: The ready-to-cook market in India has been segmented by distribution channel (offline and online) and type (instant noodles and pasta, instant soup, ready-to-mix, snacks, and others). Download Free Sample Report
- Packaged Rice Snacks Market: The packaged rice snacks market has been segmented by product (rice cakes, RCCB, and rice crisps) and geography (APAC, North America, Europe, South America, and MEA). Download Free Sample Report
Ready To Eat Food Market In India Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 18.63% |
Market growth 2022-2026 |
USD 751.43 million |
Market structure |
Fragmented |
YoY growth (%) |
15.09 |
Regional analysis |
India |
Performing market contribution |
India at 100% |
Key consumer countries |
India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Bikanervala Foods Pvt. Ltd., Darshan Foods, Gits Food Products Pvt. Ltd., Haldiram Foods International Pvt. Ltd, Heritage Foods Ltd., ITC Ltd., McCain Foods Ltd., McCormick and Company Inc., MTR Foods Pvt. Ltd., and Tyson Foods Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
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SOURCE Technavio
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