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Country Report

Ready meals in

Ready Meals in India

Dec 2019

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Ready meals continue to witness double-digit growth due to convenience and hectic lifestyles

Convenience food as a concept has been popular in Western countries for quite some time. In global terms, ready meals as a category is small in India.

Wide variety of products continues to drive demand for ready meals in India

Growth of ready meals in India is driven by large variety of options available across all major retailing formats. To cater to different consumer tastes and preferences, manufacturers offer options in both traditional as well as international meals.

Frozen ready meals outpaces other subcategories

Despite being the largest subcategory in ready meals, frozen ready meals outpaced other subcategories with double-digit growth in 2019. This growth is attributed primarily to convenience as they do not need further preparation and expertise to cook.

COMPETITIVE LANDSCAPE

McCain Foods India Pvt Ltd continues to be the leader in ready meals

McCain Foods India Pvt Ltd remained the category leader in 2019 in value terms. The reason for this leadership is the company’s expansive product portfolio, which has offerings that cater to taste buds of all age groups.

MTR Foods Ltd continues to witness healthy growth with its vast product portfolio

MTR Foods continued to witness healthy growth in 2019. This growth is attributed to an expanding product portfolio to include a huge range of breakfast products such as poha, upma, vegetable pulav etc along with others.

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Samples

Ready Meals Market Sample Report Ready Meals Market Sample Data

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

Samples: FAQs about samples

Delivery: Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Ready meals industry in India with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Ready meals industry in India, our research will save you time and money while empowering you to make informed, profitable decisions.

The Ready meals in India market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Ready meals in India?
What are the major brands in India?
Will retail sales suffer as economic prospects improve and consumers move back to eating out rather than eating at home?
How are manufacturers leveraging popular restaurant chains to help more austere consumers recreate a restaurant experience at home?
How much are consumers willing to pay for convenience?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Packaged Food market research database.

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Ready Meals in India - Category analysis

HEADLINES

PROSPECTS

Ready meals continue to witness double-digit growth due to convenience and hectic lifestyles

Wide variety of products continues to drive demand for ready meals in India

Frozen ready meals outpaces other subcategories

COMPETITIVE LANDSCAPE

McCain Foods India Pvt Ltd continues to be the leader in ready meals

MTR Foods Ltd continues to witness healthy growth with its vast product portfolio

CATEGORY DATA

Table 1 Sales of Ready Meals by Category: Volume 2014-2019
Table 2 Sales of Ready Meals by Category: Value 2014-2019
Table 3 Sales of Ready Meals by Category: % Volume Growth 2014-2019
Table 4 Sales of Ready Meals by Category: % Value Growth 2014-2019
Table 5 Sales of Frozen Ready Meals by Ethnicity: % Value 2014-2019
Table 6 NBO Company Shares of Ready Meals: % Value 2015-2019
Table 7 LBN Brand Shares of Ready Meals: % Value 2016-2019
Table 8 Distribution of Ready Meals by Format: % Value 2014-2019
Table 9 Forecast Sales of Ready Meals by Category: Volume 2019-2024
Table 10 Forecast Sales of Ready Meals by Category: Value 2019-2024
Table 11 Forecast Sales of Ready Meals by Category: % Volume Growth 2019-2024
Table 12 Forecast Sales of Ready Meals by Category: % Value Growth 2019-2024

Packaged Food in India - Industry Overview

EXECUTIVE SUMMARY

Shift from unpackaged to packaged food drives growth but small pack sizes and economy options remain popular

Flavours, health and local flavours in focus in 2019

Leading players focus on premium new product development as they woo quality-conscious consumers

Cold chain improvements improve rural distribution

Strong growth ahead as mid-income group continues to expand and players innovate further

FOODSERVICE

Sales to Foodservice

Cheese benefits from Western and traditional appeal alike
Café and coffee culture boosts demand for milk and premium options
Sauces, dressings and condiments benefits from demand for international foodservice

Consumer Foodservice

Health and wellness offerings perform well, including organic options
Technology plays growing role in consumer foodservice
Slowdown in economic growth hits hard in 2019

CATEGORY DATA

Table 13 Foodservice Sales of Packaged Food by Category: Volume 2014-2019
Table 14 Foodservice Sales of Packaged Food by Category: % Volume Growth 2014-2019
Table 15 Forecast Foodservice Sales of Packaged Food by Category: Volume 2019-2024
Table 16 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2019-2024

MARKET DATA

Table 17 Sales of Packaged Food by Category: Volume 2014-2019
Table 18 Sales of Packaged Food by Category: Value 2014-2019
Table 19 Sales of Packaged Food by Category: % Volume Growth 2014-2019
Table 20 Sales of Packaged Food by Category: % Value Growth 2014-2019
Table 21 GBO Company Shares of Packaged Food: % Value 2015-2019
Table 22 NBO Company Shares of Packaged Food: % Value 2015-2019
Table 23 LBN Brand Shares of Packaged Food: % Value 2016-2019
Table 24 Penetration of Private Label by Category: % Value 2014-2019
Table 25 Distribution of Packaged Food by Format: % Value 2014-2019
Table 26 Distribution of Packaged Food by Format and Category: % Value 2019
Table 27 Forecast Sales of Packaged Food by Category: Volume 2019-2024
Table 28 Forecast Sales of Packaged Food by Category: Value 2019-2024
Table 29 Forecast Sales of Packaged Food by Category: % Volume Growth 2019-2024
Table 30 Forecast Sales of Packaged Food by Category: % Value Growth 2019-2024

Megatrends

Country Report

Ready Meals in India

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Executive Summary

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PROSPECTS

Ready meals continue to witness double-digit growth due to convenience and hectic lifestyles

Wide variety of products continues to drive demand for ready meals in India

Frozen ready meals outpaces other subcategories

COMPETITIVE LANDSCAPE

McCain Foods India Pvt Ltd continues to be the leader in ready meals

MTR Foods Ltd continues to witness healthy growth with its vast product portfolio

Samples

Overview

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Table of Contents

Ready Meals in India - Category analysis

HEADLINES

PROSPECTS

Ready meals continue to witness double-digit growth due to convenience and hectic lifestyles

Wide variety of products continues to drive demand for ready meals in India

Frozen ready meals outpaces other subcategories

COMPETITIVE LANDSCAPE

McCain Foods India Pvt Ltd continues to be the leader in ready meals

MTR Foods Ltd continues to witness healthy growth with its vast product portfolio

CATEGORY DATA

Packaged Food in India - Industry Overview

EXECUTIVE SUMMARY

Shift from unpackaged to packaged food drives growth but small pack sizes and economy options remain popular

Flavours, health and local flavours in focus in 2019

Leading players focus on premium new product development as they woo quality-conscious consumers

Cold chain improvements improve rural distribution

Strong growth ahead as mid-income group continues to expand and players innovate further

FOODSERVICE

Sales to Foodservice

Consumer Foodservice

CATEGORY DATA

MARKET DATA

SOURCES

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