Overview of the current status of the Food Processing industry

RAIPUR, CHHATTISGARH, INDIA, October 31, 2017 /EINPresswire.com/ -- Report Sellers has added a new market research report “Food Processing Industry in India 2017” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

Increased urbanization and changing lifestyle of individuals have played a major role in spurring growth in this sector. Despite processing levels being abysmally low in the country, the rising income and resultant increased spending on food items have ensured that volume of processed food consumed in the country has remained high. Increased penetration of organized retail is also helping in driving demand for processed food as more individuals are becoming aware of their availability. Moreover, processed food is an attractive option to a large number of nuclear families and increasing number of working women in India as it helps them save time and requires less effort for preparation.

A major problem being faced by the industry is the gaps in the supply chain. The country lacks proper storage and distribution facilities. Moreover, the inadequate and high cost of credit is one of the major reasons for the subdued growth of the agricultural sector, the key raw material supplying industry. However, the Government of India has been playing a proactive role in developing the sector and reducing infrastructural hurdles. Through the Ministry of Food Processing Industries (MoFPI), it is providing ample support to the industry. In the Union Budget 2015-16, the government allocated INR ~3.29 bn for infrastructural development. Also, the National Mission on Food Processing, a centrally sponsored scheme launched by MoFPI, is promoting the development of facilities for post-harvest operations in the country. India already has 14 mega food parks, and an additional eight food parks are expected to be operational by the end of this year. This will further aid in the development of the country?s food processing industry.

Browse through the complete description and in-depth TOC on “India Food Processing Industry”
https://www.reportsellers.com/market-research-report/Food-Processing-Industry-in-India-2017

Report Scope

•Overview of the Food Processing Industry, and historical and forecasted market size data over FY 2012 to FY 2020
•Trade analysis of processed food in India
•Qualitative analysis of the major drivers and challenges affecting the market
•Analysis of the competitive landscape and profiles of major public and private players operating in the market
•Key recent developments in the Indian food processing industry

Reasons to buy:

•Get a broad understanding of the food processing industry in India, the dynamics of the market and the current state of the industry
•Devise market-entry strategies by understanding the factors driving the growth of the market
•Identify key growth opportunities in the industry and make informed decisions to increase profitability
•Understand major competitors? business and market dynamics, and respond accordingly


Companies Mentioned

Public Companies
1. ADF Foods Ltd.
2. Dabur India Ltd.
3. ITC Ltd.
4. Kohinoor Foods Ltd.
5. Vadilal Industries Ltd.
6. Nestle India Ltd.

Private Companies
1. Adani Wilmar Ltd.
2. Gujarat Cooperative Milk Marketing Federation
3. MTR Foods Pvt. Ltd.
4. Ushodaya Enterprises Pvt. Ltd.

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