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Country Report

Ready meals in

Ready Meals in India

Nov 2020

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!

2020 IMPACT

Consumers stockpile ready meals due to concerns over supply shortages

During the early days of the lockdown, which came into effect in India on 25 March, consumers began stockpiling staples such as rice, flour, and edible oils. As there started to be apparent production and supply shortages of some of these staples, consumers started purchasing other packaged food products with a longer shelf life, with uncertainty as to how long the lockdown would last.

Quick, convenient and tasty: Consumers put ready meals on the menu

The lockdown led to a rise in home cooking but for some the convenience of ready meals has proved an attractive alternative. For example, there are many students and single-person households in India who lack the skills to prepare their own dishes and for whom ready meals provide a quick and convenient meal solution.

Players look to expand product variety while e-commerce booms

Looking to benefit from the spike in demand for ready meals some players looked to expand their range of products to cater to a wider audience. There has been a strong focus on offering traditional Indian dishes in a ready meals format such as Dal Tadka, Dal Makhani, Dum Biryani, Paneer Makhani, Punjabi Chole and Pav Bhaji, with these seen to have a wide appeal.

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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.

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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

KEY DATA FINDINGS

2020 IMPACT

Consumers stockpile ready meals due to concerns over supply shortages

Quick, convenient and tasty: Consumers put ready meals on the menu

Players look to expand product variety while e-commerce booms

RECOVERY AND OPPORTUNITIES

Local flavours expected to boost demand over the forecast period

McCain expected to retain crown as the king of ready meals with it adding a local twist

New players likely to invest in the strong potential of ready meals

CATEGORY DATA

Table 1 Sales of Ready Meals by Category: Volume 2015-2020
Table 2 Sales of Ready Meals by Category: Value 2015-2020
Table 3 Sales of Ready Meals by Category: % Volume Growth 2015-2020
Table 4 Sales of Ready Meals by Category: % Value Growth 2015-2020
Table 5 Sales of Frozen Ready Meals by Ethnicity: % Value 2015-2020
Table 6 NBO Company Shares of Ready Meals: % Value 2016-2020
Table 7 LBN Brand Shares of Ready Meals: % Value 2017-2020
Table 8 Distribution of Ready Meals by Format: % Value 2015-2020
Table 9 Forecast Sales of Ready Meals by Category: Volume 2020-2025
Table 10 Forecast Sales of Ready Meals by Category: Value 2020-2025
Table 11 Forecast Sales of Ready Meals by Category: % Volume Growth 2020-2025
Table 12 Forecast Sales of Ready Meals by Category: % Value Growth 2020-2025

Packaged Food in India - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Foodservice severely impacted by social distancing and imposition of lockdowns
Ice cream and edible oils witness strong declines
Recovery not expected until 2021

Consumer Foodservice

Fight back starts as consumer foodservice players engage in extraordinary measures to maintain their operations
Food delivery resilient compared to dine in with recovery nearing pre-COVID levels
New social engagement constructs encourage some consumers to dine at home

Category Data

Chart 1 Packaged Food Value Sales Growth Scenarios: 2018-2025
Chart 2 Packaged Food Impact of Drivers on Value Sales: 2017-2025
Table 13 Foodservice Sales of Packaged Food by Category: Volume 2015-2020
Table 14 Foodservice Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 15 Forecast Foodservice Sales of Packaged Food by Category: Volume 2020-2025
Table 16 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2020-2025

MARKET DATA

Table 17 Sales of Packaged Food by Category: Volume 2015-2020
Table 18 Sales of Packaged Food by Category: Value 2015-2020
Table 19 Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 20 Sales of Packaged Food by Category: % Value Growth 2015-2020
Table 21 GBO Company Shares of Packaged Food: % Value 2016-2020
Table 22 NBO Company Shares of Packaged Food: % Value 2016-2020
Table 23 LBN Brand Shares of Packaged Food: % Value 2017-2020
Table 24 Penetration of Private Label by Category: % Value 2015-2020
Table 25 Distribution of Packaged Food by Format: % Value 2015-2020
Table 26 Distribution of Packaged Food by Format and Category: % Value 2020
Table 27 Forecast Sales of Packaged Food by Category: Volume 2020-2025
Table 28 Forecast Sales of Packaged Food by Category: Value 2020-2025
Table 29 Forecast Sales of Packaged Food by Category: % Volume Growth 2020-2025
Table 30 Forecast Sales of Packaged Food by Category: % Value Growth 2020-2025

Megatrends

Country Report

Ready Meals in India

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Consumers stockpile ready meals due to concerns over supply shortages

Quick, convenient and tasty: Consumers put ready meals on the menu

Players look to expand product variety while e-commerce booms

Samples

Overview

Why buy this report?

Samples: FAQs about samples

Want to find out more about this report?

Table of Contents

Ready Meals in India - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Consumers stockpile ready meals due to concerns over supply shortages

Quick, convenient and tasty: Consumers put ready meals on the menu

Players look to expand product variety while e-commerce booms

RECOVERY AND OPPORTUNITIES

Local flavours expected to boost demand over the forecast period

McCain expected to retain crown as the king of ready meals with it adding a local twist

New players likely to invest in the strong potential of ready meals

CATEGORY DATA

Packaged Food in India - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Consumer Foodservice

Category Data

MARKET DATA

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DISCLAIMER

SOURCES

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