Ready to Cook Market in India to grow by USD 451.57 mn |Evolving Opportunities with Bambino Agro Industries Ltd., Gits Food Products Pvt. Ltd. & Hindustan Unilever Ltd.| 17000+ Technavio Reports | News

NEW YORK, Dec. 10, 2021 /PRNewswire/ — Technavio’s latest research report on the Ready To Cook Market In India offers a comprehensive analysis on new product launches, the latest trends, drivers, and challenges. The ready-to-cook market share growth in India by the offline segment for revenue generation. The wide prevalence of organized retail is increasing the sales of ready-to-cook food products. Supermarkets and hypermarkets are preferred by consumers due to the availability of products of all categories under a single roof, which is not possible in small shops. The increasing disposable incomes and rapid urbanization are shifting consumers’ buying preferences from neighborhood convenience stores to supermarkets and hypermarkets. 

The ready-to-cook market in India is estimated to grow by USD 451.57 from 2021 to 2026. However, the growth momentum is likely to decelerate at a CAGR of 7.61%. 

For more insights on the ready-to-cook market in India – Download a free sample now!

Market Dynamics

Factors such as growing preference for convenience food products in working population, new product launches, and the evolving retail landscape will drive the growth of the ready-to-cook market in India. However, growing health concerns might hamper the market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge. The ready-to-cook market analysis report of India also provides detailed information on other upcoming trends that will have a far-reaching effect on the market growth.

Company Profiles

The ready-to-cook market in India is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Some of the companies covered in this report are Bambino Agro Industries Ltd., Gits Food Products Pvt. Ltd., Hindustan Unilever Ltd., iD Fresh Food (India) Pvt. Ltd., IndianFarm Foods Pvt. Ltd., ITC Ltd., Kohinoor Foods Ltd., MTR Foods Pvt. Ltd., Nestle SA, and REGAL KITCHEN FOODS LTD., etc.

Few Companies with Key Offerings

• Bambino Agro Industries Ltd. – The company offers a wide of ready-to-cook products such as vermicelli, roasted vermicelli, instant pasta, noodles, and many more.
• Gits Food Products Pvt. Ltd. –  The company offers a wide of ready-to-cook products such as biryani, pau bhaji, veg pulao, masala rice, and many more.
• Hindustan Unilever Ltd. –  The company offers a wide range of ready-to-cook products such as Hyderabadi chicken dum biryani, dal makhani, and many more.
• iD Fresh Food (India) Pvt. Ltd. – The company offers a wide range of ready-to-cook products such as fried idli or masala idli fry and many more.
• IndianFarm Foods Pvt. Ltd –  The company offers a wide range of ready-to-cook products such as Rava idli, ragi idli, idli mix, and many more.

Competitive Analysis

The competitive scenario provided in the ready-to-cook market in India report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation

• By Distribution Channel, the market is classified into offline and online
• By Type, the market is classified into instant noodles and pasta, instant soup, ready-to-mix, snacks, and others

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