MULTICLIENT STUDY

Business Review

Traditional Foods in India - Future Processing Options Traditional Foods in India - Future Processing Options

Ingredient Opportunities

2014-2020

To be published Summer 2015p

MarketsSectors

IndiaIndian Processed Food

and BeveragesIngredients

Transnational Business Research & Consultancy

GIRACT IntroductionGeneva, Switzerland 

India is a dynamic market for the processed food and food

service sectors. The total value of the market is pegged at around

USD 120 bio with the food service sector accounting for about a

third of this revenue. CAGR of revenue between now and 2018 is

t d t b b t 11 d 16% Th i t f thexpected to be between 11 and 16%. The importance of the

processed food industry can be gauged by the fact that it is the

fifth largest industrial sector in India.g

Dominant among the processed foods are ready-to-eat foods followed by exports of agri and processed foods.

Ready to eat (RTE) foods cover biscuits chocolate/confectionery breads/cakes ice cream cereals and RTE mealsReady-to-eat (RTE) foods cover biscuits, chocolate/confectionery, breads/cakes, ice-cream, cereals and RTE meals.

Beverages are also an interesting market in India, the country being a large consumer of soft drinks and by admission,

one of the potential top 5 global markets for Coca Cola. The dairy sector is dominated by packaged milk, and globalp p g y y p g g

entities are currently investing in this sector which is expected to register a CAGR of 8% till 2030!

2© Giract 2015 www.giract.comMULTICLIENT STUDY – Business Review of Traditional Foods in India 2015

GIRACT IntroductionGeneva, Switzerland 

Giract believes that the future of the Indian food processing sector lies in the development of traditional Indian foods. After

several ad hoc and often unsuccessful attempts both at the commodity and RTE meal extremes, many Indian companies such

as MTR and Haldiram’s are beginning to examine this from a longer-term strategic vision and are positioning themselves all

along the value chain. Western products have until now dominated retail shelves mainly due to their superior technology,

packaging and marketing The potential for greater growth in the ‘Indian’ processed food sector is high since consumerpackaging and marketing. The potential for greater growth in the Indian processed food sector is high since consumer

resistance to Western foods and positioning of the current Western foods as "in-between" meals or children's snacks may

well be replaced by high quality processed/packaged Indian foods, and these are expected to take a "centre of plate" position

in the future through effective R&D, production and marketing.For more information, contact

V K i h k R B d i hThere is a lack of information regarding the current stage of

V. Krishnakumar or R. Badrinath

GIRACT

technology, products with potential, future market size and key trends

for traditional Indian processed and packaged food, along with

i di i d k i i hi h h d 24, Pré-Colomb1290 Versoix/Geneva

SwitzerlandT l 41 22 779 0500 F 41 22 779 0505

ingredient, processing and packaging options, which has prompted

Giract to launch this study. Giract is well known to major food and

food ingredient groups as a leading transnational marketing

3

Tel: + 41 22 779 0500; Fax: + 41 22 779 0505Email: info@giract.com; Web: www.giract.com

© Giract 2015 www.giract.comMULTICLIENT STUDY – Business Review of Traditional Foods in India 2015

food ingredient groups as a leading transnational marketing

consultancy group in the area of food ingredients.

GIRACT MethodologyGeneva, Switzerland 

Extensive analysis of in-house data and secondary sources to arrive at market size and forecast; identification of top 20

foods consumed in each region followed by benchmarking for potential industrialization based on set parameters to finalize

top 20 foods for the country; extensive and in-depth interaction with both packaged food producers and

ingredient/processing equipment/packaging experts for qualitative and quantitative inputs.

4© Giract 2015 www.giract.comMULTICLIENT STUDY – Business Review of Traditional Foods in India 2015

GIRACT Objectives of this studyGeneva, Switzerland 

Indian processed food/beverages and Ingredients

Quantify the total Indian food and beverage market with a split by retailand food service

Identify the current most popular Indian foods/drinks consumedIdentify the current most popular Indian foods/drinks, consumedeither at home or at restaurants, and their market size by keyIndian State

Identify and qualify top 20 potential foods that are amenable toindustrialized production across India

Id f d h l d k h dIdentify ingredients, processing technologies and packaging methodsrequired for Industrial scale manufacture of current 20 mostpopular foods/drinks and estimate potential ingredient volumes

Establish trends, opportunities and potential pitfalls

5© Giract 2015 www.giract.comMULTICLIENT STUDY – Business Review of Traditional Foods in India 2015

GIRACT What this study will tell you?Geneva, Switzerland 

Traditional foods of India that are:

Currently being industrially processed/packaged

Have potential to be industrially processed/packaged

Opportunities forOpportunities for

Ingredient consumption in the future in processed/packaged traditional Indian foods

Introducing innovative ingredients addressing unmet needs for processed/packaged traditional Indian foods

Provide a perspective on why the evolution of the processed/packaged traditional Indian foods should be closely watched

due to its immense potential

Identify key trends and their impact on the use of ingredients for the manufacture of processed/packaged traditional

Indian foods

Evaluate potential challenges for penetration of ingredients into processed/packaged traditional Indian foods

6© Giract 2015 www.giract.comMULTICLIENT STUDY – Business Review of Traditional Foods in India 2015

This unique study examines traditional foods in India – future processing options and ingredient opportunities

GIRACT Subscription options Geneva, Switzerland

• Indian processed food and beverages

• Ingredients

Sectors

Timescale

Current: 2014

Forecast: 2020

Programme

The dominant element

of the study is

interviews with key

players - manufacturers/

distributors/

end users – from which

a real understanding of

the market will be

derived

7 © Giract 2015/02-01 www.giract.com

•India

Markets

MULTICLIENT STUDY – Business Review of Traditional Foods in India 2015

STUDY HIGHLIGHT SCOPE WHAT DO YOU GET?

1. Electronic Copy

of report in

searchable PDF

format

2. One Printed

Copy

3. Report to be

published in

Summer 2015