According to India Ready-To-Mix Market Overview, the overall market for ready-to-mix was growing between 12-14% CAGR from last five years.
Ready to cook market in India consists of four broad categories namely ready to mix, instant noodles, soup and pasta. Currently, ready to mix is a small category as compared to instant noodles but is growing robustly. Perhaps the most favourable factor that tilts the scales toward this convenience food is the time saving element. One can actually dish out their favourite preparations in moments, merely by reading the instructions on the wrapper.
It is also heartening that with packaged RTM foods the customer is assured of the quality, taste & continued freshness of the product till the expiry date which can be as long as 12-18 months in certain cases. While consumer convenience is the key factor, driving the India ready-to-mix market, increase in working women population due to increased standards of education, high disposable income of households, and growing organised retailing in India are other factors contributing to the growth of the market.
Desserts such as gulab jamun, halwa, besan ladu, kheer and vermicelli payasam have always occupied an important place in Indian cuisine. With the increase in the number of diabetes mellitus cases in India, sugar-free dessert mixes with artificial sweeteners have become very popular. Desserts are an occasional thing but with these ready to cook dessert mixes, manufacturers are trying to increase their consumption on everyday basis.
Key Topics Covered:
1. Executive Summary
2. India Ready-To-Cook Market Outlook
3. Company Profiles
- MTR Foods Pvt. Ltd.
- Gits Food Products Pvt. Ltd.
- ITC Limited
- Kohinoor Foods Limited
- iD Fresh Food (India) Pvt. Ltd.
Maiyas Beverages and Foods Pvt. Ltd.
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