Title: Market Outlook on India Ready-To-Cook [2021]
1Market Outlook on India Ready-To-Cook 2021
2 Summary
India ready-to-cook market covers four categories
namely instant noodles, instant pasta, instant
soup and ready-to-mix. With the rapidly changing
lifestyles over the last couple of decades,
instant food brands have become almost
indispensable in the urban kitchens, as such
easy-to-cook foods are great time-savers besides
being easy on the palate, and also because they
are greatly relished by children. According to
India Ready-To-Cook Market Outlook, 2021 ,
the total market for ready-to-cook is growing
with a CAGR of 19.60 from last five years. The
instant noodles market in India was growing at a
healthy rate from last few years but Maggi MSG
lead controversy affected the category majorly.
CG Foods and ITC Sunfeast Yippee are trying to
grab a larger share of the instant noodles
market. Indo Nissin, Capital Foods and Hindustan
Unilever, along with some private labels, have
just added to the competition. Instant noodles
market in India is divided into two categories
according to the packaging style viz.
packet/pouch noodles and cup/bowl noodles. In the
coming years, cup noodles will prove to be a
trendy friend of young multitasking generation.
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3The instant pasta market in India is at the kind
of stage that the instant noodles market was
years ago. The instant pasta category will be a
roaring success with the opening up of a number
of Italian restaurants in the country. Nestles
Maggi Pazzta, Bambino Agro, ITCs Sunfeast Pasta
Treat, HUL's Knorr soupy pasta offerings, Future
Group's Tasty Treat and Feasters from retailers
such as Aditya Birla Retail are some of the major
players betting big on this category. Whereas the
instant soup market is more consolidated and top
three players namely Hindustan Unilivers Knorr,
Nestles Maggi and Capital Foods Chings Secret
are playing significant roles in enlarging the
category. Majority of the instant pasta and soup
sales comes from retail formats as this packaged
food is still not a part of shopping list for
Indian housewives. On the other hand, sales from
traditional and online stores are still very
limited.Ready-to-mix is a small category as
compared to instant noodles but is growing
robustly. The RTM market is consists of four
segments viz. snacks mix, curry mix, dessert mix
and others (rice meals). On the other hand,
curry mix is anticipated to register highest
growth in the forecast period.
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4North Indian curries capture the curry mix
segment largely with products such as Aloo
Mutter, Chana Masala, Dal Fry, Dal Makhani,
Navratan Kurma, Paneer Butter Masala etc. Chicken
Curry, Butter Chicken, Prawns Curry and Chicken
Achari are some of the innovative products in the
non-vegetarian categories. Desserts such as gulab
jamun, halwa, besan ladu, kheer and vermicelli
payasam have always occupied an important place
in Indian cuisine. Rice is available in
combinations such as Bisibele Bhath, Rasam Rice,
Sambar Rice, Jeera Rice, Tamarind Rice, Tomato
Rice and Hyderabadi Biryani whereas meals include
Rajma Chawal, Dal Makhani Rice, Chana Masala
Jeera Rice, Jowar Meal, etc. Prominent players
in the ready to mix market include MTR Foods, ITC
Ltd, Gits Food Products, Kohinoor Foods, iD Fresh
Food, Maiyas and Bambino Agro Industries.
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5- Key Categories Covered Instant Noodles
- Instant Pasta
- Instant Soup
- Ready-To-Mix
- Snacks Mix
- - Curry Mix
- Dessert Mix
- - Others (Rice Meals)
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6 Table of Contents
- Executive Summary
- 2. India Ready-To-Cook Market Outlook
- 3. India Economic Snapshot
- 4. Policy Regulatory Landscape
- 5. Trade Dynamics
- 6. Channel Partner Analysis
- 7. India Ready-To-Cook Market Dynamics
- 8. Market Trends Developments
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7- To view the full Executive Summary and Table of
Contents, please visit - Market Outlook on India Ready-To-Cook 2021
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