Category Archives: Food and Beverages

An upturn in the sales and revenue of Saudi Arabian savory biscuits market

Bakery & Cereals

Aarkstore Market Research entitles the new approach into a Market Research Report “Savory Biscuits (Bakery & Cereals) Market In Saudi Arabia

Summary

Savory Biscuits (Bakery & Cereals) Market in Saudi Arabia – Outlook to 2023: Market Size, Growth and Forecast Analytics is a broad level market review of Savory Biscuits market in Saudi Arabia.

Savoury Biscuits – includes all crackers, crispbreads (bread substitutes e.g. Ryvita), cheese crackers,

Savory Biscuits market in Saudi Arabia registered a positive compound annual growth rate (CAGR) of 1.04% during the period 2013 to 2018 with a sales value of SAR 1,129.61 Million in 2018, an increase of 0.90% over 2017. The market achieved its strongest performance in 2015, when it grew by 1.12% over its previous year and its weakest performance in 2018, when it increased by 0.90% over 2017.

The research handbook provides up-to-date market size data for period 2013-2018 and illustrative forecast to 2023 covering key market aspects like Sales Value and Volume for Savory Biscuits and its variants Bread Substitutes, Cheese-Flavored Crackers, Other Crackers and Plain Crackers.

Furthermore, the research handbook details out Sales Value and Volume for top brands for the year 2015 to 2018 and overall market sales by Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Department Stores, Dollar Stores, Variety Store, Cash & Carries and Warehouse clubs, eRetailers, Food & Drinks specialists, Drug stores & Pharmacies, Health & Beauty Stores, Other general retailers and others) where ever applicable.

The research handbook acts as an essential tool for companies active or planning to venture in to Saudi Arabias Savory Biscuits (Bakery & Cereals) market. The comprehensive statistics within the research handbook provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.

Sales Values in the handbook are depicted in USD ($) and local currency of country and Volumes are represented in M Kilograms.

*Note: Certain content / sections in the research handbook may be removed or altered based on the availability and relevance of data.

Scope

– Overall Savory Biscuits (Bakery & Cereals) market value and volume analytics with growth analysis from 2013 to 2023.
– Value and Volume terms for the top brands.
– Distribution channel sales analytics from 2015-2018.

Reasons to buy

– Get access to authoritative and granular data on the Savory Biscuits (Bakery & Cereals) market and fill in the gaps in understanding of trends and the components of change behind them.
– Enhance your understanding of the market to update your strategic and tactical plans based on volume and value changes, brand dynamics and distribution trends.
– Analyze the components of change in the market by looking at historic and future growth patterns.
– Use the data to understand future patterns of the market trends from winners and losers to category dynamics and thereby quickly and easily identify the key areas in which you want to compete in the future.

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Savory Biscuits (Bakery & Cereals) Market in Argentina – Outlook to 2021: Market Size, Growth and Forecast Analytics

Savory Biscuits (Bakery & Cereals) Market in Australia – Outlook to 2021: Market Size, Growth and Forecast Analytics

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Indian online food delivery industry views ~38.08% CAGR by 2023

Online Food

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The meaning of food tech has evolved over the years. Earlier, it only referred to the technology used for food processing. Now, it pertains to online food ordering and delivery services. Adequate investments in this market space have enabled companies to provide online food delivery services that were previously non-existent. The online food delivery industry of India, which is the part of the e-services market, has two different delivery service solutions meant for prepared meals ­­– restaurant-to-customer delivery system, and platform-to-customer delivery system. The service providers operate in any of the following four models: milk run model, hub and spoke model, point to point delivery model, and decentralized delivery network.

Market insights:
The online food delivery market in India was valued at INR 45.58 Bn in 2017 and is expected to expand at a compound annual growth rate (CAGR) of ~38.08% from 2018 to 2023. Metropolitan cities like Bengaluru, Delhi, Mumbai, Pune, Kolkata, Chennai, and Hyderabad accounted for ~87% of the overall online food delivery market in India in 2017. Among the major players, Bengaluru-based online food delivery player, Swiggy is currently the market leader constituting of ~36.5% of the market, followed by Zomato. The percentage of daily orders fulfilled by the self-owned delivery fleet of companies has increased from ~46% to ~56% and the average delivery time of the overall market improved from 47 minutes to 42 minutes during the period Q4 of 2016 to Q4 of 2017.

State-wise segment insights:
Based on the volume of food ordered online in 2017, Bangalore accounts for a ~31% share in the entire market. It is followed by Delhi NCR (~19%), Mumbai, Hyderabad, and Pune.

Daily order volume insights:
Considering the business of online food aggregators, as of March 2018, Swiggy has handled ~200,000 orders, and Zomato has handled ~180,000 orders. Foodpanda and UberEats are the other two competitors with order handling volume of ~30,000 and ~15,000 respectively.

Key growth drivers of the market:
Amongst the ~1.35 Bn population in India, 50% fall under the age of 25 years while half of the rest falls under the age of 35 years, thus representing one of the youngest populations of the world. Since the majority of demand comes from the age group between 18 and 40, India has emerged as a market with a high opportunity for growth.
Indias per capita income has shown a growth of ~8.6% for the fiscal year ending in March 2018. As a result, Indians are gaining a high purchasing power which in turn is paving the way for the growth of online food delivery market in the country.

Key deterrents to the growth of the market:
The continuous entrance of new players in the online food delivery market is leading to the fragmentation of the customer base. As a result, the volume of sales of the entire market is getting distributed among a number of players, thus reducing the revenue share of a particular online food delivery service provider.
Many e-commerce firms are showing a tendency of entering into the online food delivery market because of its excellent business opportunity. Therefore the entrance of the big restaurant and fast food chains and e-commerce companies to the online food delivery market is making the competition for the smaller firms and start-ups steeper.

Companies covered:
Bundl Technologies Pvt. Ltd. (Swiggy)
Faasos Food Services Pvt. Ltd.
Holachef Hospitality Pvt. Ltd.
Zomato Media Pvt. Ltd.
Foodpanda India
Uber Technologies, Inc. (UberEats)

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India Instant Noodles Market Research Report (2018-2023)

Instant Noodles

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Market insights:

According to the World Instant Noodles Association, India is the fourth-largest instant noodles market, globally, and accounted for 5.4 Bn servings in 2017. Consistent growth and ever-growing consumer acceptance have made this market a lucrative option for various players. The instant noodles market in India has valued at INR 93.66 Bn in 2017 and is expected to expand at a compound annual growth rate (CAGR) of ~5.6% during 2018-2023. Among the various companies operating in the market, Nestle enjoys the highest market share (~60%), followed by ITC. Owing to its high rate of market penetration, Nestle could retain its popularity even after the ban on the marketing and sales of Maggi, because of the presence of excessive levels of lead, by the Indian government, in 2015. Following this, most companies focused on launching healthier versions of noodles using vegetables, atta, and oats. The market is infested with several players, including Nestle India Ltd. (Maggi), ITC Ltd. (Sunfeast Yippee Noodles), Hindustan Unilever Ltd. (Knorr Soupy Noodles), GSK Consumer Healthcare Ltd. India (Foodles), Indo Nissin Ltd. (Top Ramen), and CG Foods India Pvt. Ltd. (Wai Wai), among others.

Market drivers:

A growing millennial population and increasing customers who are working-class are driving the consumption of packaged food products, such as instant noodles, in India. Also, the companies have recently introduced several products, which are distinctive in terms of new flavors, healthy ingredients, and packaging. Depending on these factors, consumption of instant noodles has been increasing at a considerable rate in India, during the past few years.

Market challenges:

A large part of the population comes from the middle or lower-middle class. Therefore, price sensitivity plays a significant role in hindering the growth of the instant noodles industry across the country. Most people in rural areas are unaware of the various brands that are available unless they see them at their local store. Hence, the lack of a well-established distribution network acts as a challenge for the instant noodles market in India.

Companies covered:

1. Capital Foods Pvt. Ltd.
2. CG Foods India Pvt. Ltd.
3. GSK Consumer Healthcare (India) Ltd.
4. Hindustan Unilever Ltd.
5. Inbisco India Pvt. Ltd.
6. Indo Nissin Foods Pvt. Ltd.
7. ITC Ltd.
8. Nestle India Ltd.
9. Patanjali Ayurved
10. Thai Preserved Food Factory Co.Ltd

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The India Dairy and Milk processing market research report (2018 – 2023) highlights market insight, Value added segments, export –import and many more

Dairy And Milk Processing

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The Indian dairy and milk processing market comprise of organizations that deal with the manufacturing, treating, packaging, and storing of milk products. The products include milk, concentrated buttermilk, cream, ice cream, and whey powder. The milk processing methods used by the market players include cooling, pasteurization, and conversion into concentrated high-value products.

Market insights:
As of 2018, India is the leading milk producing country in the world, accounting for ~19% of the global market share. The milk processing industry in India is expected to expand at a compound annual growth rate (CAGR) of ~14.8% between FY 2018 and FY 2023, and will reach INR 2,458.7 Bn in FY 2023. Being one of the primary dairy consumables in India, the increase demand for milk in the country is owed to the increasing population. As of FY 2018, ~81.1% of the Indian dairy and milk processing market was part of the unorganized sector, which produces milk in unhygienic environments. This reduces the overall quality and nutrition levels of the milk produced.

State-wise segment insights:
Uttar Pradesh, Rajasthan, and Gujarat have been the major milk producing states in India. Uttar Pradesh is the largest dairy and milk-producing state because it is home to the highest buffalo population and the second-highest cattle population in the country. The majority of the rural population in this state is engaged in livestock rearing and dairying. Gujarat has numerous cooperative dairy milk unions, private dairy plants, and primary milk cooperative societies, which play crucial roles in the production of milk in the state.

Value-added product wise segment insights:
Apart from milk, the revenue of the Indian dairy and milk processing industry is generated from several value-added products such as butter, curd, paneer, ghee, whey, flavored milk, ultra-high temperature (UHT) milk, cheese, and yogurt. During the period FY 2016 to FY 2020, the market size of butter is expected to grow by 14.5%, curd by 14.4%, paneer by 14.1%, and ghee by 14.1%, among others.

Export-import:
From India, the export of dairy products has increased to countries like Bhutan, Afghanistan, Canada, Egypt, and the United Arab Emirates. India has also imported a significant amount of dairy products from countries like France, New Zealand, Ireland, France, Ukraine, and Italy.

Key growth drivers of the market:
India’s livestock sector is regarded as one of the largest in the world with a bovine population of 299.9 Mn, which comprises of cattle, buffalo, mithun, and yak. The growth of the Indian dairy and milk processing market is ensured by the steady supply of milk which is the primary raw material for this industry.

Key deterrents to the growth of the market:
• Despite having a significant livestock base of milch animals, India lacks in terms of availability of cold storages which results in wastage of dairy output. Thus, the lack of sufficient storage facilities and inefficient distribution are hampering the growth of the Indian dairy and milk processing industry.
• Recurring droughts and floods affect the production of fodder in India. Sufficient quantities of feed and fodder are required for proper animal rearing and milk production. Lack of proper feed and fodder for milch animals, due to high usage of agricultural crop residues by producers of fiberboard, paper, and liquid fuels, affect its availability for dairy production and milk processing.

Companies covered:
• Amrit Corporation Limited
• Hatsun Agro Product Limited
• Heritage Foods Limited
• Kwality Limited
• Parag Milk Foods Limited
• Vadilal Industries Limited
• Nestle India Limited
• Creamline Dairy Products Limited
• Gujarat Cooperative Milk Marketing Federation
• Mother Dairy Fruit Vegetable Private Limited


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Report on India Bottled Market 2018-2023

Bottled Water

Aarkstore Market Research Enterprise entitles the new approach into a Market Research Report “Bottled Water Market In India (2018-2023)

Market insights:
Increasing health concerns, and unavailability of clean drinking water have led to the growth of the bottled water market in India. The market is expected to reach INR ~403.06 Bn by the end of 2023, from its current value of INR ~160 Bn, expanding at a compound annual growth rate (CAGR) of ~20.75% from 2018. Based on volume, the market is likely to reach ~35.53 Bn liters by 2023, expanding at a CAGR of ~18.25% from 2018 to 2023. The major bottled water brands operating in India are Bislery, Kinley, and Aquafina.

Stock keeping unit (SKU)-wise segment insights:
In India, bottled water is sold in four main types of SKUs – one-liter bottles, two-liter bottles, 500 milliliter bottles, 250 milliliter bottles, pouches, and barrels of 15-20 liters. Among the different SKUs, one-liter bottles have acquired the largest market share of ~42% in 2018, followed by 500 milliliter bottles and 250 milliliter bottles.

Market trends:
• Flavored bottled drinking water has become popular in India. Different kinds of flavored water containing fruit essence and artificial sweeteners like soda, cola, juice, and other sweetened beverages often act as a substitute to plain bottled water. At times consumers prefer flavored bottled water to normal bottled water. This shift is developing an opportunity to expand the product line of bottled water manufacturers in India.

• Apart from individual sales, market players in India have recently inclined towards institutional sales through partnership with airlines, movie theatres, and hotels. Such partnerships are eventually increasing the penetration of the product in the market, followed by rise in the overall sales volume in India.

Market drivers:
• India accounts for ~18% of the global population. In addition, the per-capita income of Indians witnessed a growth of ~8.6% in 2017. Moreover, increased awareness among the growing population about the importance of safe drinking water for maintaining good health, along with a sharp rise in per capita income is creating a demand for bottled water in India.
• Tourists prefer bottled water to normal tap water. The rate of foreign tourists in India is expected to increase at a rate of ~6.7% during 2015-2025. This, in turn, is anticipated to boost the sale of bottled water in India.

Market challenges:

• In recent years, a number of companies selling fake branded bottled water have cropped up in the market. These players do not maintain quality and hygiene standards, which in turn leads to health issues among consumers. As a result, consumers lose faith in bottled water, thus affecting the overall sales.
• Nearly 67% of the population resides in rural areas. However, the rate of penetration of bottled water is significantly low in these regions. This, as a result, hinders the growth of the market in India.

Companies covered:

• Bislery International Pvt. Ltd.
• Coca-Cola India Pvt. Ltd.
• Dhariwal Industries Pvt. Ltd.
• Indian Railway Catering and Tourism Corporation
• Narang Group
• Nestle Group
• Parle Agro Pvt. Ltd.
• PepsiCo, Inc.
• Tata Global Beverages Ltd.
• United Breweries Ltd.


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Indian food processing market Research Report

The food processing industry

Aarkstore Market Research Enterprise entitles the new approach into a Market Research Report “Food Processing Market In India (2018-2023)

A crucial contributor to India’s social and economic growth, the food processing industry plays a central role in influencing farming and distribution practices throughout the country. It is one of the primary focus sectors under the Make in India initiative.

Market insights:
The food processing industry is expected to expand at a compound annual growth rate (CAGR) of ~11.5% between FY 2018 and FY 2023 to reach a value of INR 15,971.9 Bn in FY 2023. It is one of the largest industries in India and ranks fifth in terms of production, consumption, and exports. Large availability of food infrastructure and diverse agro-climatic conditions, among other factors, shall make India one of the largest food processing hub. Hindustan Unilever Limited, Pepsico India Holdings Private Limited, Cadbury India, Nestle India Limited, Mondelez International Incorporation, Pizza Hut (India) Private Limited, and Perfetti Van Melle India Private Limited are some of the major multinational companies (MNCs) that are investing in the Indian food processing industry.

Market segment insights:
There are 10 segments within the Indian food and beverage industry – breakfast cereals, dairy food, bakery, organic food, confectionary, ready meals, naturally healthy beverages, pet food, ingredients, and savory snacks. These segments are increasingly gaining acceptance in the country, thereby creating immense opportunities for new as well as existing industry players to expand their business operations. Among these, breakfast cereals and savory snacks are the fastest growing segments and are expected to expand at a CAGR of ~19.23% and ~33.59%, respectively during 2018 to 2023.

Processing levels in different food segments:

In terms of processing levels, India still lags compared to other developed countries, particularly in the processing of agricultural products. Less than ~10% of the total food produced in India is converted into value-added products, as against ~65% in the United States (U.S.) and ~23% in China. Only 2.2% of the fruits and vegetables produced in the country gets processed.

Government initiatives:
The Ministry of Food Processing Industries (MOFPI) has improvised fiscal incentives and several schemes for promotion of the countrys food processing industry mainly covered under Pradhan Mantri Kisan Sampada Yojana. Mega food park scheme, value addition and preservation infrastructure, infrastructure for agro-processing clusters, the scheme of cold chain, and scheme for creation/expansion of food processing and preservation capacities are some of the plans implemented for the overall growth of the food processing infrastructure. The comprehensive development of infrastructure is expected to play a significant role in the development of the overall food processing sector in the country.

Key growth drivers of the market:
Foreign direct investment (FDI) and several other government initiatives in the Indian food processing industry shall aid the countrys food value-chain and also create multiple employment opportunities, as well as investment opportunities in farming, retail, storage infrastructure, and quality control.

The Indian food processing industry is also well supported by a large number of research institutions like National Dairy Research Institute (NDRI), Central Food Technological Research Institute (CFTRI), National Research and Development Center (NRDC) and Central Institute of Fisheries Technology (CIFT), among others, which in a way is driving the growth of the market.

Key deterrents to the growth of the market:
High cost of processed food poses a major threat to the growth of the market. A large part of the final price paid by customers comprises transportation costs and trader margins at various levels of the distribution network.
Even with the increasing disposable income of Indians, the higher price of processed foods acts as an impediment to its adoption in some cases.

Companies profiled:
ADF Foods Limited
Dabur India Limited
ITC Limited
Kohinoor Foods Limited
Vadilal Industries Limited
Nestle India Limited
Adani Wilmar Limited
Gujarat Cooperative Milk Marketing Federation
MTR Foods Private Limited
Ushodaya Enterprises Private Limited


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India Fruit and Vegetable processing market (2018 – 2023)

Fruit And Vegetable

Aarkstore Market Research culminates the newest Market Research Report “Fruit And Vegetable Processing Market In India

India being the second-largest producer of fruits and vegetables, facilitates the fruit and vegetable processing industry in acquiring its primary resources. Canning, dehydration, pickling, provisional preservation, and bottling are some of the methods used in fruit and vegetable processing which help increase the shelf life of seasonal fruits and vegetables.

Market insights:
The fruit and vegetable processing industry in India is likely to expand at a compound annual growth rate (CAGR) of ~7.62% between FY 2018 and FY 2023 to reach a value of INR 256.4 Bn in FY 2023. Currently, commercial processing of fruits and vegetables is extremely low in India, at around 2.2% of the total production as compared to countries like Philippines at 78%, China at 23% and the United States (U.S.) at 65%. The unorganized sector witnesses a stiff competition, owing to the presence of a large number of players competing for small shares in the overall market. Organized players compete with each other to maintain their market share and gain brand loyalty.

Export opportunities:
As India is the second-largest producer of fruits and vegetables globally, its vast production base offers massive opportunities for exports. Moreover, India also has a geographical advantage being close to the key export destinations such as Africa, the Middle East, Oceania and the Southeast Asia. During FY 2018 India exported 391,283.8 metric tonnes (MT) of processed fruits and vegetables across the world, which was worth INR 34.04 Bn

Key growth drivers of the market:
The demand for processed fruits and vegetables is expected to rise significantly due to the growing penetration of organized retail in the country.
Increasing number of nuclear families are also increasing the demand for processed food. Busy lifestyles of such families have increased their dependence on food items that require less time to prepare.

Key deterrents to the growth of the market:
Lack of sufficient storage facilities and improper distribution are hampering the growth of the market.
Existing stand-alone and integrated companies and third-party logistics providers such as Coldman Logistics and Snowman Logistics Limited offering cold storage and transportation solutions are unable to meet the entire demand for such services. These factors are adversely affecting the development of the fruit and vegetable processing industry in India.

Companies profiled:

Dabur India Limited
ITC Limited
Freshtrop Fruits Limited
Hindustan Unilever Limited
Tai Industries Limited
Capricorn Food Products India Limited
Cremica Food Industries Limited
Fieldfresh Foods Private Limited
Mother Dairy Fruit & Vegetable Private Limited
Shimla Hills Offerings Private Limited
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