Abstract
The Indian food processing market is one of the largest in terms of
production, consumption, and export and import prospects. Since India is one
of the major food producers worldwide, with new reforms, it presents exciting
opportunities for commercial openings for a wide range of investors across the
globe.
RNCOS’ report, "Indian Food Processing (2006)", provides research and
objective analysis on the Food Processing Industry in India. This report helps
clients to analyze the opportunities critical to the success of the food
Processing Industry in India.
India Food Processing Industry
This section analyses the performance of the Indian food processing industry.
Currently, processed food accounts for merely 2% of total food production in
India, which is very low as compared to the western countries. Taking market
forces such as rising income level and changing consumer behavior due to rapid
economic growth into consideration, it is expected to reach a growth rate of
10% in 2010 & 25% in 2020. In food processing sector, dairy products (includes
milk, Ethnic sweets etc) and packed food provides immense opportunities for
investment.
Key Findings
- Currently, the Indian food processing industry is basically export
oriented. Although domestic consumption of processed food is low but it is
fast picking up with rising income levels & changing consumer behavior due to
economic growth.
- Indian processed food industry provides competitive advantages over other
countries due to cheap workforce, government initiatives (tax holidays) &
availability of raw materials.
- Existence of untapped large consumer base with rising income levels.
- Indian food processing level as compared to countries like USA, France &
Malaysia continues to remain very low. However, with the emerging positive
market forces, it is all set to boom.
Key Issues and Facts Analyzed
- Sectoral performance of the Indian food processing industry.
- The market forces driving the industry & the challenges faced by it.
- Major Domestic & Foreign players existing in the Indian food processing
industry.
- The opportunities existing in the Indian food processing industry.
Key Players Analyzed
This section covers the key facts about major players currently operating in
the Indian Processed food industry, domestic players including Dabur Foods,
Godrej Industries, Hindustan Lever Limited, Britannia Industries Limited, ITC
Limited & foreign players includes Nestle, PepsiCo, Cadbury.
Research Methodology
Information Sources
Information has been sourced from namely, Books, Newspapers, trade journals,
and white papers, industry portals, government agencies, trade associations,
monitoring industry news and developments, and through access to access to
more than 3000 paid databases.
Analysis Methods
The analysis methods includes the following: Ratio Analysis, Historical Trend
Analysis, Linear Regression Analysis using software tools, Judgmental
Forecasting and Cause and Effect Analysis.