Submitted by: Submitted by SmithJns
Views: 10
Words: 1020
Pages: 5
Category: Other Topics
Date Submitted: 03/05/2016 03:07 AM
Bharat Book Bureau provides the report; on “India Ready-To-Mix Market Outlook, 2021” This report are less than a handful of national players, while the stiff competition comes from regional and local players. https://www.bharatbook.com/food-market-research-reports-424617/india-ready-to-mix1.html
05th March,2016- Mumbai, India: Bharatbook.com announces a report on “India Ready-To-Mix Market Outlook, 2021” This Report covers the market landscape and its growth prospects over the coming years.
Ready to cook market in India consists of four broad categories namely ready to mix, instant noodles, soup and pasta. Currently, ready to mix is a small category as compared to instant noodles but is growing robustly. Perhaps the most favourable factor that tilts the scales toward this convenience food is the time saving element. One can actually dish out their favourite preparations in moments, merely by reading the instructions on the wrapper. It is also heartening that with packaged RTM foods the customer is assured of the quality, taste & continued freshness of the product till the expiry date which can be as long as 12-18 months in certain cases. While consumer convenience is the key factor, driving the India ready-to-mix market, increase in working women population due to increased standards of education, high disposable income of households, and growing organised retailing in India are other factors contributing to the growth of the market.
According to “India Ready-To-Mix Market Outlook, 2021”, the overall market for ready-to-mix is growing with a CAGR of 13.22% from last five years. The market is divided into four segments viz. snacks mix, curry mix, dessert mix and others (rice & meals). Snacks mix dominates the industry with products like masala upma mix, rava dosa mix, rava idli mix, dhokla mix, poha mix, etc. The south Indian dosa and idli appear to be steaming up the competition with even multinationals acknowledging the strength of south Indian cuisine...