Market Outlook on India Ready-to-Cook [2021]

March 05th 2016 Mumbai, India: Bharatbook.com announces a report on “ Market Outlook on India Ready-To-Cook [2021] ”. The instant pasta category will be a roaring success with the opening up of a number of Italian restaurants in the country.

India ready-to-cook market covers four categories namely instant noodles, instant pasta, instant soup and ready-to-mix. With the rapidly changing lifestyles over the last couple of decades, instant food brands have become almost indispensable in the urban kitchens, as such easy-to-cook foods are great time-savers besides being easy on the palate, and also because they are greatly relished by children.

According to “ India Ready-To-Cook Market Outlook, 2021 ”, the total market for ready-to-cook is growing with a CAGR of 19.60% from last five years. The instant noodles market in India was growing at a healthy rate from last few years but Maggi MSG lead controversy affected the category majorly. CG Foods and ITC Sunfeast Yippee are trying to grab a larger share of the instant noodles market. Indo Nissin, Capital Foods and Hindustan Unilever, along with some private labels, have just added to the competition. Instant noodles market in India is divided into two categories according to the packaging style viz. packet/pouch noodles and cup/bowl noodles. In the coming years, cup noodles will prove to be a trendy friend of young multitasking generation. Traditional formats (kirana stores) generate most of the revenue for instant noodles whereas retail is mounting fast and online sales are still at a nascent stage.

The instant pasta market in India is at the kind of stage that the instant noodles market was years ago. The instant pasta category will be a roaring success with the opening up of a number of Italian restaurants in the country. Nestle’s Maggi Pazzta, Bambino Agro, ITC’s Sunfeast Pasta Treat, HUL's Knorr soupy pasta offerings, Future Group's Tasty Treat and Feasters from retailers such as Aditya Birla Retail are some...