The consumption of snacks holds significant importance in the global diet landscape. Factors driving the growth of the snacks market include the increasing popularity of convenient food options, heightened implementation of quality standards by the Food Safety and Standards Authority of India (FSSAI) and the proliferation of e-commerce brands and distribution channels. The Indian Snacks Market, a dynamic and essential component of the nation's culinary landscape embodies India's diverse array of flavours, textures and ingredients. From the bustling streets adorned with vendors selling savoury samosas, spicy chats to crisp pakoras, it has long been a source of delight for millions. Bikano Bikanervala Foods Pvt. Ltd. Manish Aggarwal #snackconsumptiontrends #IndianSnacksIndustry #IndianSnacksMarket #premiumsnacks #culinarycreations #snackingexperience #nutritioussnacks #snackmanufacturing #healthysnacking
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Article alert 📖 A great article about Ready Meal Trends & Growth Drivers. Unpacking the Key Ready Meal Trends Defining Global Growth It covers, key trends, challenges, opportunities and more. 👀 The global ready meal market is evolving! While convenience remains a key driver, consumers are demanding more from their prepared plates. Key trends 📈 ➡️ Health & Nutrition: Concerns about ultra-processed foods are rising. Brands like Allplants are tackling this head-on with clear messaging and healthy ingredients. ➡️ Global Flavors: Consumers are adventurous! Ready meals offer an easy way to explore new cuisines. Think Japanese, Sri Lankan, and Lebanese flavours. ➡️ Cost-Effectiveness: Ready meals can be positioned as an affordable alternative to dining out, especially with gourmet recipes and promotions. Challenges 🏔️ ➡️ Health Perceptions: Many consumers still view ready meals as unhealthy. Brands need to address this with transparent ingredients and nutrition information. ➡️ Price Sensitivity: Balancing cost and quality is crucial. Consumers want value without compromising on taste or health. Opportunities 🔎 ➡️ Transparency: Clear labelling and honest communication about ingredients and nutritional value are essential. ➡️ Innovation: Unique flavours, healthy options, and restaurant-inspired dishes can attract new customers. ➡️ Sustainability: Eco-friendly packaging and sourcing practices can appeal to environmentally conscious consumers. Ready meal brands that adapt to these trends and address consumer concerns will be well-positioned for success in this growing market. Read the full article here 👇 https://lnkd.in/eexkJi2Q #readymeals #foodindustry #consumertrends #healthyeating #conveniencefood #globalcuisine #innovation #sustainability Calum Price Kevin Jordan
Global Ready Meal Trends: Exploring the Key Growth Drivers
mintel.com
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How Change in Food Behaviour and Food Culture can help you create wealth. What was once a foreign delicacy has become a staple in the Indian diet. Pizza, with its diverse toppings and convenient delivery options, has captivated the Indian palate. Its journey from a niche product to a mass-market phenomenon is a testament to the evolving food culture and preferences of Indian consumers. The increasing urbanization and globalization India have significantly impacted food habits. The younger generation, in particular, is more open to experimenting with international cuisines. Pizza, with its diverse toppings and customizable options, has become a popular choice among young adults. The advent of online food ordering platforms has further accelerated the growth of the pizza market. The convenience of ordering pizza from the comfort of one's home has made it a popular choice for both individuals and families. What was once considered an unconventional family meal has now become a staple. The evolution of food habits and preferences has led to a shift in dietary choices. Pizza, with its versatility and appeal to different age groups, has emerged as a popular family meal option. The future of pizza in India looks promising. With increasing disposable incomes, changing lifestyles, and a growing preference for convenience food, the demand for pizza is expected to continue to rise. As the market matures, we expect to see more innovative pizza offerings, from gourmet pizzas to healthier options. The Domino Effect The introduction of Domino's Pizza in India in 1996 marked a significant turning point. The brand's innovative 30-minute delivery promise revolutionized the fast-food industry, making pizza a convenient and accessible meal option. This, coupled with the growing middle class and changing dietary preferences, fueled the rapid growth of the pizza market. Jubilant FoodWorks stock price jumped 6% after its Q2 results, showcasing strong revenue growth despite a dip in net profit. Analysts weigh in on the potential for continued gains in a competitive market, leading investors to ponder the future of this QSR giant. While the pizza market in India is highly competitive, with several international and domestic players vying for market share, the potential for growth remains immense. As the country continues to urbanize and its economy prospers, pizza is poised to become an even more integral part of the Indian culinary landscape. Disclaimer The information provided here is for informational purposes only and does not constitute financial advice. Investing in the stock market involves risk, and it is important to do your own research or consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
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"Tasty, Healthy & Desi-fied! 🌿🍜 India’s instant food market is transforming ! The next best innovation inspiration can come from local street food vendors, foodservice restaurants, home chefs . They are innovating every day to desify instand foods be Regional Indian, Desi Chinese, Desi Thai, & lot more.. For brands, it is crucial to observe , study them and Indianise international flavours to suit Indian palates. Well written Tulsi Joshi
Indian consumers seek healthier instant noodles, pasta, and soups with more Desi flavours | Mintel
mintel.com
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𝐑𝐞𝐚𝐝𝐲 𝐌𝐞𝐚𝐥𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐭 𝐭𝐨 𝐒𝐮𝐫𝐠𝐞, 𝐓𝐚𝐫𝐠𝐞𝐭𝐢𝐧𝐠 𝐔𝐒𝐃 𝟐𝟕𝟔.𝟏𝟎 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐑𝐄𝐄 𝐒𝐚𝐦𝐩𝐥𝐞: https://lnkd.in/gbnfbjjb According to Next Move Strategy Consulting, the worldwide 𝐑𝐞𝐚𝐝𝐲 𝐌𝐞𝐚𝐥𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 size is predicted to reach 𝐔𝐒𝐃 𝟐𝟕𝟔.𝟏𝟎 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 by 2030 with a 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟖.𝟗%. Ready meals, also known as convenience meals or ready-to-eat meals, are pre-packaged, fully cooked food products that are designed to be quickly and easily heated and consumed, commonly found in supermarkets, convenience stores, and delivered through food services. 𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬: 𝙃𝙚𝙖𝙡𝙩𝙝 𝙖𝙣𝙙 𝙒𝙚𝙡𝙡𝙣𝙚𝙨𝙨 𝙁𝙤𝙘𝙪𝙨: With growing awareness of the link between diet and health, consumers are gravitating towards ready meals that offer balanced nutrition, portion control, and cleaner ingredient profiles. Health-conscious options featuring organic ingredients, plant-based proteins, and low-calorie formulations are gaining traction, reflecting consumers' desire for guilt-free indulgence and mindful eating habits. 𝙂𝙡𝙤𝙗𝙖𝙡 𝙁𝙡𝙖𝙫𝙤𝙧 𝙀𝙭𝙥𝙡𝙤𝙧𝙖𝙩𝙞𝙤𝙣: The market is embracing culinary diversity, with manufacturers showcasing a rich tapestry of global flavors, regional cuisines, and authentic recipes from around the world. From Thai curries and Mexican enchiladas to Italian pasta dishes and Japanese sushi bowls, ready meals offer a passport to culinary adventures, allowing consumers to savor exotic flavors without leaving the comfort of their homes. 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐡𝐨𝐥𝐝𝐬 𝐭𝐡𝐞 𝐝𝐨𝐦𝐢𝐧𝐚𝐧𝐭 𝐬𝐡𝐚𝐫𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐚𝐝𝐲 𝐦𝐞𝐚𝐥𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 at present and is expected to continue its dominance during the forecast period. The increasing demand for healthier meal options, as consumers become more health-conscious and prioritize nutritious eating habits, is contributing to the expansion of the market in this region. 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: 1. Nestlé 2. General Mills 3. Kellogg Company 4. Conagra Brands 5. Tyson Foods 6. McCain Foods By embracing innovation, variety, and sustainability, ready meal manufacturers are reshaping the way consumers eat, providing them with a world of flavors and possibilities at their fingertips. #readymeals #foodandbeverage #marketresearch #industrynews #pressrelease #foodinnovation #foodservices #readytoeat #markettrends
Feast Forecast: Ready Meals Market Set to Surge, Targeting USD 276.10 Billion by 2030 As Revealed In New Report
whatech.com
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Indians are shifting toward consumption of #LowSalt, #LowSugar and #nutrition-fortified #PackagedFood with sales of such products having risen in the last five years, according to the latest #data from companies, market researchers and the government. This reflects an uptick in healthy eating trends as well as packaged food companies working on improving taste, the reason why sales of such items had failed to gain traction initially.
As Indians acquire healthier tastes, food companies pack it in
economictimes.indiatimes.com
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About 67% of Indians prefer makhana and dry fruits as the go-to healthy snacks, according to Healthy Snacking Report 2024 by Farmley, a healthy snacking brand. Farmley | Akash Sharma Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing
67% Indians prefer makhana and dry fruits as the go-to healthy snacks: Farmley Healthy Snacking Report - India Retailing
https://www.indiaretailing.com
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The Healthy Revolution: How India's Snack Industry is Shifting Gears The Indian snack industry, valued at ₹3.75 trillion, is evolving rapidly with a strong consumer shift toward healthier, low-fat options, similar to the trends seen across Southeast Asia and China. The projected CAGR of the healthy snacking sector will reach over 20% from 2020 to 2025. A survey of over 6000 Indian consumers revealed that 73% will read the ingredients list and nutritional value of snack products before purchase, with 9 out of 10 seeking out healthier options. Not only are consumers seeking snacks that match their nutritional preferences, but they are also wanting more transparency when it comes to the sourcing of ingredients and the production process. All of these factors mean that innovation within the snack category has vast untapped potential. Examples include the inclusion of superfoods in snack recipes, healthier snack production processes such as popping and baking, and innovative flavors that are in line with the culinary and regional heritage of consumers. As the Indian snack market continues to grow and expand, the opportunity for brands is immense. Reach out to RedFern Digital for more information! #RedFernDigital #IndianSnackMarket #HealthySnacking #SnackIndustryTrends #FoodInnovation #Opportunities
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"Food And Beverages Industry Analysis - 2030 The Food and Beverages (F&B) market research segment encompasses a comprehensive analysis of global industry trends, consumer behaviors, and market dynamics. As of 2023, the F&B market is projected to reach a value exceeding $8 trillion, driven by factors such as increasing urbanization, shifting dietary preferences, and the rising demand for convenience foods. Plant-based products are experiencing a 15% compound annual growth rate (CAGR), with North America and Europe leading in market share. Digitalization is reshaping distribution, with e-commerce sales accounting for approximately 20% of F&B revenue. Health-conscious consumers are driving a surge in functional foods and beverages, expected to grow by 8% CAGR through 2027. Top Companies in Food And Beverages Industry || PADMA SATYA FRESH DAY FOOD AND BEVERAGES PRIVATE LIMITED || @18th Global Summit on Food & Beverages || Ben Food Beverages Private Limited || @Alpine Exports ( Exporter of Grocery, Food & Beverages ) || @DVR Publication Pvt. Ltd - Food & Beverages Processing magazine || A.S.R. FOOD AND BEVERAGES PRIVATE LIMITED || Tshots Beverages And Food Private Limited || @AIQON (new-age food nutrition beverages) || SCOTCH AGRO INDIA FOOD PRODUCTS AND BEVERAGES PRIVATE LIMITED || SWARN INDIA BEVERAGES AND FOOD PRIVATE LIMITED || RAJ BEVERAGES & FOOD PROCESSORS PRIVATE LIMITED || @Production In Charge(Food Beverages) || RR BEVERAGES & FOOD PRODUCTS PRIVATE LIMITED || @The #1 Italian Food, Beverages and Lifestyle Community || OM SAI RAM BEVERAGES AND FOOD PRIVATE LIMITED || @gallery food beverages || @Pooja Beverages & Food Products || JAI AMBE BEVERAGES & FOOD PRIVATE LIMITED || @BAYSHORE BEVERAGES, INC. DBA CARDINAL CANTEEN FOOD SERVICE || SRIMANGALAM BEVERAGES AND FOOD MARKETING PRIVATE LIMITED || NATURAL BEVERAGES & FOOD (INDIA) PRIVATE LIMITED || @BBB Brothers Food Beverages || KAM OASIS BEVERAGES & FOOD PRODUCTS PRIVATE LIMITED || ACHIEVERS BEVERAGES & FOOD INDIA PRIVATE LIMITED || TRENDY BEVERAGES FINE FOOD || N.D.BEVERAGES AND FOOD PRODUCTS PRIVATE LIMITED || BASUDEV BEVERAGES AND FOOD PRODUCTS PRIVATE LIMITED || JD Food Beverages & General Item || SHASHI KANTA BEVERAGES AND FOOD PRIVATE LIMITED || @FLAVOUR FOOD JOINT AND BEVERAGES AND PROJECTS || LODHA BEVERAGES AND FOOD PRODUCTS PRIVATE LIMITED || Shree Matangi Beverages and Food || @ZGS GREAT IDEAS FOOD BEVERAGES || @PTL Food Beverages || VITAMAX FOOD BEVERAGES CO., LTD || Vitamax Food Beverages (fujian) Co., Ltd. || @xydrogen food beverages || Greenox Food Beverages Private Limited || Ashraj Food Beverages Private Limited || SHAINE FOOD BEVERAGES PRIVATE LIMITED|| ORION FOOD BEVERAGES & HOSPITALITY PRIVATE LIMITED #Food #Beverages #innovation #management #digitalmarketing #technology #creativity #futurism #startups #marketing #entrepreneurship #money #sustainability #inspiration"
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Exciting Growth in the Frozen & Convenience Food Market 🚀🍴 The frozen and convenience food market is set to grow by USD 468.9bn between 2024 and 2028, with an annual growth rate of 8.09%. Key factors driving this growth include increasing demand for vegan frozen foods, convenient meal solutions, and the rising importance of health-conscious choices. While the industry faces challenges such as health concerns and fluctuating raw material costs, innovations in cold chain logistics, digitalization, and e-commerce are transforming how consumers access frozen foods. Sustainability, plant-based diets, and local sourcing are also becoming major focal points for both consumers and producers. 🔍 What trends do you think will shape the future of frozen and convenience foods? How is your company adapting to these changes in the market? I'd love to hear your thoughts in the comments below! Explore the full article to learn more about how the market is evolving and what trends will shape the future of frozen and convenience foods: https://lnkd.in/gYFuWgMf #FrozenFood #ConvenienceFood #FoodTrends #HealthAndWellness #Ecommerce #Sustainability #PlantBased #ColdChainInnovation #FoodIndustry
Frozen and Convenience Food Market to grow by USD468.9bn
https://www.frozenfoodeurope.com
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In an era where health-conscious consumers are increasingly scrutinising their food choices, the ready meal industry is at a pivotal crossroads. As the demand for whole, minimally processed foods rises, brands are tasked not only with delivering convenience but also with championing nutrition and diverse culinary experiences. This article from Mintel delves into the evolving landscape of ready meals, exploring how companies can harness consumer interest in global cuisines, cost-effectiveness, and health benefits while addressing growing concerns over ultra-processed foods (UPFs). With a fresh perspective on the importance of transparency and quality, it highlights the potential for brands to not only meet but exceed consumer expectations in a competitive market, paving the way for a healthier future without sacrificing taste or convenience. How often do you eat ready meals and are you as obsessed as me at checking ingredients?! https://lnkd.in/e72rZ9ZE #readymeals #upf #wholefoods #foodbrands #mintel #foodtrends #healthychoices #convenience
Global Ready Meal Trends: Exploring the Key Growth Drivers
mintel.com
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