ITC Limited’s Post

ITC Foods to expand into value-added adjacent categories how ITC Foods, a part of ITC’s FMCG segment, is planning to expand its portfolio into value-added adjacent categories that complement its core segments like Aashirvaad Atta, Yippee Noodles, and Sunfeast. Hemant Malik, Executive Director of ITC Ltd, explains that the focus is on high-potential growth areas. New product expansions include categories like vermicelli, besan (gram flour), and rava (semolina). ITC Foods emphasizes the importance of research and innovation in product development. The company conducted extensive research across consumer segments to understand the varied cooking needs of households. The strategy includes understanding consumer challenges and addressing them through product innovation. For example, they developed vermicelli with a "no chip-chip" (non-sticky) quality and created besan that doesn’t form lumps. ITC’s commitment to differentiating its products to cater to discerning consumers who are conscious of ingredient quality. #ITC #foodsegment #Expansion #ExtensiveResearch #strentheningTheportfolio #KMS #PGDM

Hindustan Unilever has rebranded its 'health food drinks' as Functional Nutritional Drinks (FND) following directives from the Union Ministry of Commerce and Industry. The move comes after e-commerce platforms were instructed to remove such beverages from the 'healthy drinks' category due to ambiguity in labeling. Ritesh Tiwari, CFO of Hindustan Unilever, asserts that the FND category presents significant growth opportunities and emphasizes the company's focus on expanding customer base, usage, and benefits within this segment. Moreover, Hindustan Unilever is witnessing promising growth in its premium range, particularly in products targeting diabetes and women's health. The rebranding aligns with efforts to ensure clarity and transparency in product categorization, addressing concerns raised by regulatory bodies regarding misleading labeling practices. #HindustanUnilever #FND #NutritionalDrinks #Ecommerce #RegulatoryCompliance #ProductLabeling #ConsumerTransparency #GrowthOpportunities #HealthFood #FoodSafety #FSSAI #ConsumerRights #PremiumRange #HindustanHerald #heraldnews #hindustan #herald

Who doesn’t love eggs? Despite being a category that has rapidly grown in the last decade, ~95% of this category remains unorganised with only a few known brands. Eggoz Nutrition was born with the vision to increase the nutritional value of food consumed in Indian households. As we partnered with them in this vision, the challenge at hand was clear: How can a packaged egg brand change the perception of eggs among consumers? To read more on how we got to the ‘yolk’ of it, read our newest blog post. #SpringRelease #eggs #consumerinsights Arun Iyer Raja Ganapathy Vineet Gupta

Dabur India Limited is committed to reducing the amount of added sugars in its beverages! In the latest phase of its sugar reduction program, #Dabur plans to lower added sugars by an average of 3% across two-thirds of its beverage range. Since 2019, the company has been progressively reformulating its Real fruit juices, achieving notable reductions: 5.4% in the first phase, followed by 7.5% and 6.7% in the subsequent phases. As a leading player in the fast-moving consumer goods (FMCG) sector, #Dabur aims for a 3% average reduction in added sugars across two-thirds of its beverage portfolio, as detailed in its annual report. The company began its phased reformulation strategy in 2019 to lower sugar content in its Real juice lineup, successfully completing three phases of sugar reduction across its top eight juice variants, resulting in a total decrease of 20.95% in added sugars. This reduction equates to approximately 1,300 metric tons less sugar consumed annually. “Our Foods & Beverages division is focused on reducing sugar content in our products while preserving taste and quality. This reflects our commitment to providing healthier options for our consumers,” the report stated. Keep watching this space. eastindiaretail.com is here to forge better connections for the vibrant and rapidly growing retail industry in Eastern India. DM us at [email protected] Piyali Roy Oberoi East India Retail Connect

According to The Business Research Company The growing awareness of the health benefits associated with tea consumption is expected to propel the growth of the tea market going forward. The #tea #market #size is expected to see strong growth in the next few years. It will grow to $70.19 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. Read More @ https://lnkd.in/gsHut58W Top Key Players Are: Nestlé Unilever Associated British Foods plc The Hain Celestial Group Godrej Group #marketresearch #marketsize #marketresearchreport #marketanalysis #marketgrowth #markettrend #marketreport #internationalteaday #tea #teaday #nestle #unilever #britishfoods #haincelestial #godrej

One company that is making #milletsnacks interesting and affordable is Ahmedabad-based Nutritious Foods Private Ltd. (Nurasoi) founded by dietician Komal Patel and entrepreneur Chandan Maloo. Click on the link below to know more about the healthy snack brand's journey, distribution and future goals... Komal Patel I Chandan Maloo I nurasoi I Shiv Joshi #millet #snackbrand #healthysnacks #retailexpansion #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailindia #retailsectornews #retailreports #retailtechcase #retailtrends #ir #IndiaRetailing

#𝐁𝐢𝐬𝐜𝐮𝐢𝐭𝐬 #𝐌𝐚𝐫𝐤𝐞𝐭: 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬, 𝐚𝐧𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝟐𝟎𝟐𝟒 𝐓𝐨 𝐆𝐞𝐭 𝐌𝐨𝐫𝐞 https://lnkd.in/emgZja7s The 𝐁𝐢𝐬𝐜𝐮𝐢𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 size was valued at USD 122.96 Billion in 2023 and the total Biscuits revenue is expected to grow at a CAGR of 5% from 2024 to 2030, reaching nearly USD 173.02 Billion by 2030. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬:The biscuits market is expanding rapidly, driven by increasing consumer #demand for convenient and tasty snack options. Innovations in flavors, ingredients, and packaging are attracting diverse #consumer segments, including health-conscious individuals seeking low-sugar and high-fiber #varieties. 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐫𝐞𝐧𝐝𝐬: Recent trends in the biscuits market include a rise in premium and #artisanal offerings, as well as a focus on healthier options such as gluten-free and #organic biscuits. Manufacturers are also exploring new flavor profiles and functional ingredients to #differentiate their #products in a competitive market. 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐅𝐮𝐭𝐮𝐫𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:While North America and Europe remain key markets due to #established consumption patterns, the Asia-Pacific region is experiencing rapid growth fueled by increasing urbanization and changing #dietary habits. The market outlook is optimistic, with ongoing product innovation and rising demand for diverse biscuit options expected to drive future #growth. 𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐁𝐢𝐬𝐜𝐮𝐢𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 1. Britannia Industries Limited Industries 2. Walker's Shortbread Ltd. Ltd 3. Parle Products Pvt. Ltd Pvt Ltd 4. Burton's Biscuit Company 5. Yıldız Holding Inc. 6. Bahlsen GmbH & Co. KG 7. Campbell's 8. Nestlé SA 9. KRAFT FOODS EGYPT L.L.C Group, Inc. 10. Lotus Bakeries NV #BiscuitsMarket #SnackTrends #HealthyBiscuits #GourmetBiscuits #MarketGrowth #ProductInnovation #ConvenientSnacks #GlutenFree #OrganicBiscuits #PremiumSnacks #ConsumerPreferences #RegionalInsights #ArtisanalBiscuits #FlavorTrends #FutureOutlook

Path Maker 3: Business Case: Storia Foods and Beverages - First ever packaged natural coconut water. Background:
Storia Foods & Beverages, founded by Vishal Shah in 2016, is a Mumbai-based company that has rapidly grown in the Indian beverage market. The company launched its first product, 100% natural packaged coconut water, in April 2017. Market Strategy 🚀 Product Innovation: Storia offers coconut water in two variants—Tetrapak (₹40) and PET bottle (₹25), using aseptic UHT technology for a six-month shelf life. 🚀Distribution Network: By 2019, Storia expanded to 52 cities with 50,000 retail outlets and aimed to reach 100,000 outlets by 2020. 🚀Growth Targets: Selling about 150,000 packs of coconut water monthly, Storia captured 2% of a ₹100 crore market, targeting a 9% share by FY20. Financials 🚀 Revenue: Recorded ₹23 crore in FY19 with plans to grow by 65% by FY20 and 92% by FY22. 🚀 Funding: Raised $3 million from family and friends for brand expansion. Competitive Edge: 🚀 Competes with Dabur’s Real Active and other major brands like Amul in flavored milk and Coca-Cola in street-style drinks. 🚀 Focuses on health-conscious consumers with products free from preservatives and added sugars. Storia’s business model leverages product differentiation and strategic distribution to disrupt traditional beverage categories, aiming for substantial growth in the health-focused segment. Also, they are expanding into fresh fruit juices and sugar cane juice.

𝐈𝐧𝐝𝐢𝐚'𝐬 𝐂𝐡𝐨𝐜𝐨𝐥𝐚𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐀 𝐒𝐰𝐞𝐞𝐭 𝐒𝐮𝐫𝐠𝐞 𝐢𝐧 𝐆𝐫𝐨𝐰𝐭𝐡 The #India #Chocolate #Market is on a fast track to becoming one of the most lucrative sectors in the global confectionery space. Valued at USD 2.74 Billion in 2023, the market is projected to nearly double, reaching USD 5.87 Billion by 2030, growing at a robust CAGR of 11.5%. 𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://lnkd.in/dWPZKR-t 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬: India’s growing middle class, increased disposable income, and changing consumer preferences are all contributing to the rise of the chocolate market. Festive celebrations, gifting culture, and the shift towards healthier chocolate options are key drivers of this transformation. With innovations in organic, vegan, and sugar-free chocolates, the demand for premium options is rising, especially among health-conscious consumers. 𝐊𝐞𝐲 𝐃𝐫𝐢𝐯𝐞𝐫𝐬: 𝐆𝐢𝐟𝐭𝐢𝐧𝐠 𝐂𝐮𝐥𝐭𝐮𝐫𝐞 & 𝐅𝐞𝐬𝐭𝐢𝐯𝐚𝐥𝐬: Chocolates are increasingly becoming a go-to gift for festive seasons and corporate gifting, fueling demand during key occasions. 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 & 𝐇𝐞𝐚𝐥𝐭𝐡𝐲 𝐂𝐡𝐨𝐜𝐨𝐥𝐚𝐭𝐞𝐬: As consumers prioritize health, dark and premium chocolates have gained popularity. The trend towards "clean eating" and healthier indulgence has bolstered this shift. 𝐄𝐯𝐨𝐥𝐯𝐢𝐧𝐠 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐏𝐫𝐞𝐟𝐞𝐫𝐞𝐧𝐜𝐞𝐬: The trend for bite-sized servings and reduced sugar options aligns with growing concerns over sugar consumption and portion control. 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧: Milk Chocolate remains the dominant segment, beloved for its creamy, nostalgic taste and strong association with Indian festivals and celebrations. Molded Chocolates have seen an uptick, driven by their appealing design and packaging, making them perfect for gifts. 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐭𝐡𝐞 𝐂𝐡𝐚𝐫𝐠𝐞: Mondelez India (Cadbury Dairy Milk) continues to dominate, holding 65% of the market share. GCMMF (Amul) has ventured into healthier chocolate varieties, offering options like 75%, 90%, and 99% dark chocolate. As global brands continue to enter India, the market is poised for further disruption and innovation. #IndiaChocolateMarket #Growth #PremiumChocolate #Confectionery #FoodIndustry #MarketingStrategies #HealthyLiving #Sustainability #BusinessGrowth #Innovation #ChocolateIndustry

Haresh Karamchandani, our MD & CEO at HyFun Foods speaks on the evolving nature of the frozen foods segment. Read the article to learn more about future of frozen foods in India & how digitalization, e-commerce has transformed distribution of frozen snacks. #HyFun #frozenfoods #future #kitchenherald