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Ready to eat Food Market in India 2024-2028

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    Report

  • 131 Pages
  • July 2024
  • Region: India
  • TechNavio
  • ID: 5504925
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The ready to eat food market in India is forecasted to grow by USD 1.67 billion during 2023-2028, accelerating at a CAGR of 25.2% during the forecast period. The report on the ready to eat food market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing preference for convenience food products in working population, robust demand for frozen food, and continuous new product launches.

The ready to eat food market in India is segmented as below:

By Product

  • Frozen food
  • Ready-to-heat
  • Ready-to-cook

By Distribution Channel

  • Offline
  • Online

By Geographical Landscape

  • APAC
This study identifies the growing popularity of private-label frozen food as one of the prime reasons driving the ready to eat food market in India growth during the next few years. Also, mergers and acquisitions and emergence of e-commerce platforms will lead to sizable demand in the market.

The report on the ready to eat food market in India covers the following areas:

  • Ready to eat food market in India sizing
  • Ready to eat food market in India forecast
  • Ready to eat food market in India industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ready to eat food market in India vendors that include Bikaner Express, Conagra Brands Inc., Curry Cullture LLP, Dabur India Ltd., General Mills Inc., Gits Food Products Pvt. Ltd., Haldiram Foods International Pvt. Ltd., Heritage Foods Ltd., ITC Ltd., Kohinoor Foods Ltd., Maples, McCain Foods Ltd., Nestle SA, Nomad Foods Ltd., Orkla ASA, Pristine Organics Pvt. Ltd., Savola Group, The Kraft Heinz Co., Tyson Foods Inc., and Vadilal Industries Ltd. Also, the ready to eat food market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ million)
Data Table on India - Market size and forecast 2023-2028 ($ million)
Chart on India: Year-over-year growth 2023-2028 (%)
Data Table on India: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Ready To Eat Food Market in India 2018 - 2022
Historic Market Size - Data Table on Ready To Eat Food Market in India 2018 - 2022 ($ million)
4.2 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Distribution Channel segment analysis 2018 - 2022
Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
6.3 Frozen food - Market size and forecast 2023-2028
Chart on Frozen food - Market size and forecast 2023-2028 ($ million)
Data Table on Frozen food - Market size and forecast 2023-2028 ($ million)
Chart on Frozen food - Year-over-year growth 2023-2028 (%)
Data Table on Frozen food - Year-over-year growth 2023-2028 (%)
6.4 Ready-to-heat - Market size and forecast 2023-2028
Chart on Ready-to-heat - Market size and forecast 2023-2028 ($ million)
Data Table on Ready-to-heat - Market size and forecast 2023-2028 ($ million)
Chart on Ready-to-heat - Year-over-year growth 2023-2028 (%)
Data Table on Ready-to-heat - Year-over-year growth 2023-2028 (%)
6.5 Ready-to-cook - Market size and forecast 2023-2028
Chart on Ready-to-cook - Market size and forecast 2023-2028 ($ million)
Data Table on Ready-to-cook - Market size and forecast 2023-2028 ($ million)
Chart on Ready-to-cook - Year-over-year growth 2023-2028 (%)
Data Table on Ready-to-cook - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by Distribution Channel
7.1 Market segments
Chart on Distribution Channel - Market share 2023-2028 (%)
Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
Chart on Comparison by Distribution Channel
Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2023-2028
Chart on Offline - Market size and forecast 2023-2028 ($ million)
Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Chart on Offline - Year-over-year growth 2023-2028 (%)
Data Table on Offline - Year-over-year growth 2023-2028 (%)
7.4 Online - Market size and forecast 2023-2028
Chart on Online - Market size and forecast 2023-2028 ($ million)
Data Table on Online - Market size and forecast 2023-2028 ($ million)
Chart on Online - Year-over-year growth 2023-2028 (%)
Data Table on Online - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Distribution Channel
Market opportunity by Distribution Channel ($ million)
Data Table on Market opportunity by Distribution Channel ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Bikaner Express
Bikaner Express - Overview
Bikaner Express - Product / Service
Bikaner Express - Key offerings
11.4 Curry Cullture LLP
Curry Cullture LLP - Overview
Curry Cullture LLP - Product / Service
Curry Cullture LLP - Key offerings
11.5 Gits Food Products Pvt. Ltd.
Gits Food Products Pvt. Ltd. - Overview
Gits Food Products Pvt. Ltd. - Product / Service
Gits Food Products Pvt. Ltd. - Key offerings
11.6 Haldiram Foods International Pvt. Ltd.
Haldiram Foods International Pvt. Ltd. - Overview
Haldiram Foods International Pvt. Ltd. - Product / Service
Haldiram Foods International Pvt. Ltd. - Key offerings
11.7 Heritage Foods Ltd.
Heritage Foods Ltd. - Overview
Heritage Foods Ltd. - Business segments
Heritage Foods Ltd. - Key offerings
Heritage Foods Ltd. - Segment focus
11.8 ITC Ltd.
ITC Ltd. - Overview
ITC Ltd. - Business segments
ITC Ltd. - Key news
ITC Ltd. - Key offerings
ITC Ltd. - Segment focus
11.9 Kohinoor Foods Ltd.
Kohinoor Foods Ltd. - Overview
Kohinoor Foods Ltd. - Product / Service
Kohinoor Foods Ltd. - Key offerings
11.10 Maples
Maples - Overview
Maples - Product / Service
Maples - Key offerings
11.11 McCain Foods Ltd.
McCain Foods Ltd. - Overview
McCain Foods Ltd. - Product / Service
McCain Foods Ltd. - Key offerings
11.12 Nestle SA
Nestle SA - Overview
Nestle SA - Business segments
Nestle SA - Key news
Nestle SA - Key offerings
Nestle SA - Segment focus
11.13 Orkla ASA
Orkla ASA - Overview
Orkla ASA - Business segments
Orkla ASA - Key news
Orkla ASA - Key offerings
Orkla ASA - Segment focus
11.14 Pristine Organics Pvt. Ltd.
Pristine Organics Pvt. Ltd. - Overview
Pristine Organics Pvt. Ltd. - Product / Service
Pristine Organics Pvt. Ltd. - Key offerings
11.15 Savola Group
Savola Group - Overview
Savola Group - Product / Service
Savola Group - Key offerings
11.16 Tyson Foods Inc.
Tyson Foods Inc. - Overview
Tyson Foods Inc. - Business segments
Tyson Foods Inc. - Key news
Tyson Foods Inc. - Key offerings
Tyson Foods Inc. - Segment focus
11.17 Vadilal Industries Ltd.
Vadilal Industries Ltd. - Overview
Vadilal Industries Ltd. - Product / Service
Vadilal Industries Ltd. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Product
Exhibits 5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits 14: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Chart on India: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on India: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Ready To Eat Food Market in India 2018 - 2022 ($ million)
Exhibits 18: Historic Market Size - Product Segment 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Product - Market share 2023-2028 (%)
Exhibits 28: Data Table on Product - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Product
Exhibits 30: Data Table on Comparison by Product
Exhibits 31: Chart on Frozen food - Market size and forecast 2023-2028 ($ million)
Exhibits 32: Data Table on Frozen food - Market size and forecast 2023-2028 ($ million)
Exhibits 33: Chart on Frozen food - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Frozen food - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Ready-to-heat - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Ready-to-heat - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Ready-to-heat - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Ready-to-heat - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Ready-to-cook - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Ready-to-cook - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Ready-to-cook - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Ready-to-cook - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by Product ($ million)
Exhibits 44: Data Table on Market opportunity by Product ($ million)
Exhibits 45: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibits 46: Data Table on Distribution Channel - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by Distribution Channel
Exhibits 48: Data Table on Comparison by Distribution Channel
Exhibits 49: Chart on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Offline - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Online - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Online - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits 57: Market opportunity by Distribution Channel ($ million)
Exhibits 58: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 60: Impact of drivers and challenges in 2023 and 2028
Exhibits 61: Overview on criticality of inputs and factors of differentiation
Exhibits 62: Overview on factors of disruption
Exhibits 63: Impact of key risks on business
Exhibits 64: Companies covered
Exhibits 65: Matrix on companies position and classification
Exhibits 66: Bikaner Express - Overview
Exhibits 67: Bikaner Express - Product / Service
Exhibits 68: Bikaner Express - Key offerings
Exhibits 69: Curry Cullture LLP - Overview
Exhibits 70: Curry Cullture LLP - Product / Service
Exhibits 71: Curry Cullture LLP - Key offerings
Exhibits 72: Gits Food Products Pvt. Ltd. - Overview
Exhibits 73: Gits Food Products Pvt. Ltd. - Product / Service
Exhibits 74: Gits Food Products Pvt. Ltd. - Key offerings
Exhibits 75: Haldiram Foods International Pvt. Ltd. - Overview
Exhibits 76: Haldiram Foods International Pvt. Ltd. - Product / Service
Exhibits 77: Haldiram Foods International Pvt. Ltd. - Key offerings
Exhibits 78: Heritage Foods Ltd. - Overview
Exhibits 79: Heritage Foods Ltd. - Business segments
Exhibits 80: Heritage Foods Ltd. - Key offerings
Exhibits 81: Heritage Foods Ltd. - Segment focus
Exhibits 82: ITC Ltd. - Overview
Exhibits 83: ITC Ltd. - Business segments
Exhibits 84: ITC Ltd. - Key news
Exhibits 85: ITC Ltd. - Key offerings
Exhibits 86: ITC Ltd. - Segment focus
Exhibits 87: Kohinoor Foods Ltd. - Overview
Exhibits 88: Kohinoor Foods Ltd. - Product / Service
Exhibits 89: Kohinoor Foods Ltd. - Key offerings
Exhibits 90: Maples - Overview
Exhibits 91: Maples - Product / Service
Exhibits 92: Maples - Key offerings
Exhibits 93: McCain Foods Ltd. - Overview
Exhibits 94: McCain Foods Ltd. - Product / Service
Exhibits 95: McCain Foods Ltd. - Key offerings
Exhibits 96: Nestle SA - Overview
Exhibits 97: Nestle SA - Business segments
Exhibits 98: Nestle SA - Key news
Exhibits 99: Nestle SA - Key offerings
Exhibits 100: Nestle SA - Segment focus
Exhibits 101: Orkla ASA - Overview
Exhibits 102: Orkla ASA - Business segments
Exhibits 103: Orkla ASA - Key news
Exhibits 104: Orkla ASA - Key offerings
Exhibits 105: Orkla ASA - Segment focus
Exhibits 106: Pristine Organics Pvt. Ltd. - Overview
Exhibits 107: Pristine Organics Pvt. Ltd. - Product / Service
Exhibits 108: Pristine Organics Pvt. Ltd. - Key offerings
Exhibits 109: Savola Group - Overview
Exhibits 110: Savola Group - Product / Service
Exhibits 111: Savola Group - Key offerings
Exhibits 112: Tyson Foods Inc. - Overview
Exhibits 113: Tyson Foods Inc. - Business segments
Exhibits 114: Tyson Foods Inc. - Key news
Exhibits 115: Tyson Foods Inc. - Key offerings
Exhibits 116: Tyson Foods Inc. - Segment focus
Exhibits 117: Vadilal Industries Ltd. - Overview
Exhibits 118: Vadilal Industries Ltd. - Product / Service
Exhibits 119: Vadilal Industries Ltd. - Key offerings
Exhibits 120: Inclusions checklist
Exhibits 121: Exclusions checklist
Exhibits 122: Currency conversion rates for US$
Exhibits 123: Research methodology
Exhibits 124: Information sources
Exhibits 125: Data validation
Exhibits 126: Validation techniques employed for market sizing
Exhibits 127: Data synthesis
Exhibits 128: 360 degree market analysis
Exhibits 129: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the ready to eat food market in India: Bikaner Express, Conagra Brands Inc., Curry Cullture LLP, Dabur India Ltd., General Mills Inc., Gits Food Products Pvt. Ltd., Haldiram Foods International Pvt. Ltd., Heritage Foods Ltd., ITC Ltd., Kohinoor Foods Ltd., Maples, McCain Foods Ltd., Nestle SA, Nomad Foods Ltd., Orkla ASA, Pristine Organics Pvt. Ltd., Savola Group, The Kraft Heinz Co., Tyson Foods Inc., and Vadilal Industries Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing popularity of private-label frozen food."

According to the report, one of the major drivers for this market is the growing preference for convenience food products in working population.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Bikaner Express
  • Conagra Brands Inc.
  • Curry Cullture LLP
  • Dabur India Ltd.
  • General Mills Inc.
  • Gits Food Products Pvt. Ltd.
  • Haldiram Foods International Pvt. Ltd.
  • Heritage Foods Ltd.
  • ITC Ltd.
  • Kohinoor Foods Ltd.
  • Maples
  • McCain Foods Ltd.
  • Nestle SA
  • Nomad Foods Ltd.
  • Orkla ASA
  • Pristine Organics Pvt. Ltd.
  • Savola Group
  • The Kraft Heinz Co.
  • Tyson Foods Inc.
  • Vadilal Industries Ltd.