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India's Processed Food Output to Increase By 44.2% to US$90.1bn Announces Q3 2008 Market Research
Thursday July 24, 04:00 AM
Research and Markets (http://www.researchandmarkets.com/research/cc537a/india_food_and_dri) has announced the addition of the "India Food and Drink Report Q3 2008" report to their offering.
This India Food Drink Report provides independent forecasts and competitive intelligence on India's food and drink industry.
With India's food industry witnessing explosive growth in line with the country's on-going economic development, there has been a marked move towards trying to get more out of the country's immense agricultural industry. Despite being the world's leading producer of cattle, milk, tea and pulses and the second largest producer of fruit, vegetables, rice, wheat and sugarcane worldwide, India accounts for just 1.5% of global processed food trade. The government estimates that the cost of boosting this figure to just 3% would be US$25bn, with India's primary focused agricultural and food supply chain having to dramatically reconsider standard industry practices in order to boost secondary output. Fortunately, the government is not alone in attempting to fund this seismic shift. A vast population, steady urbanisation and GDP growth that is forecast at 7.9% annually to 2012, have helped ensure that multinational investment interest in the market is massive. More encouraging than this is that multinationals alone are not being left to drive development; local corporations are also playing a huge role in the process. Most notable has been the involvement of Indian companies in the food and beverage industry, whose primary business interest was formerly elsewhere.
Over the past 12 months this has seen fast-moving consumer goods manufacturer Hindustan Lever -- 52%-owned by Dutch giant Unilever -- attempt to grow its food division, via the heavy marketing of popular brands, such as Knorr and Lipton, and reduce its dependence on its health and personal care products. Perhaps even more significantly than this, burgeoning food sales have seen cigarette industry number one and two -- ITC and Godfrey -- launch new food products in a bid to establish themselves as key players within this industry. Looking at the industry more broadly, almost all of India's leading conglomerates -- Tata, Reliance, RPG, Aditya Birla etc -- are now participating in the industry to some degree, many having chosen the explosive grocery retail as a starting point.
Likewise, former food category specialists, such as Amul Dairy, are now looking to become industry generalists in a bid to broaden their growth prospects (Amul has recently announced its interest in further non-dairy snack food launches). Investment from all of these companies, as they battle to boost sales and build market share, should help to lift India's contribution to global processed food trade in the long term. In the short-to-medium term, the impact will be on internal processed food sales. Included in this report for the first time this quarter are our forecasts for the country's processed food industry. To 2012, we expect processed food output to increase by 44.2% to US$90.1bn, while packaged food sales in the country climb by 67.5% to US$21.7bn. On a per capita basis, it is forecast that a per capita packaged food spending increase of 56.5% to US$18.06 in 2012.
Key Topics Covered:
Executive Summary
Business Environment
Regional Food & Drink Business Environment Ratings
Table: Asia Pacific Food & Drink Ratings Q308
India's Food & Drink Business Environment Rating
Table: Singapore's Global Food & Drink Business Environment Ratings Peer Group
SWOT Analysis
Food and Drink
India Food & Drink Industry SWOT
Mass Grocery Retail
India Mass Grocery Retail Industry SWOT
Macroeconomic Outlook
Table: India Economic Activity
Food
Industry Forecast Scenario
Food Consumption
Table: Food Consumption Indicators - Historical Data & Forecasts
Confectionery
Table: Confectionery Value/Volume Sales - Historical Data & Forecasts
Processed Food
Table: Processed Food Industry Indicators - Historical Data & Forecasts
Trade
Table: India Food & Drink Trade Indicators - Historical Data & Forecasts
Industry Developments
Market Overview
Agriculture
Food Processing
Drink
Industry Forecast Scenario
Hot Drinks
Alcoholic Drinks
Soft Drinks
India Beverage Sub-Sectors - Value/Volume Sales Historical & Forecasts
Industry Developments
Market Overview
Soft Drinks
Alcoholic Drinks
Agriculture at a Glance
Table: India Agricultural Sub-Sector Production ('000 tonnes) Historical Data
Table: India Agricultural Sub-Sector Output by Value (US$mn)
Table: India Organic Agricultural Data
Table: India Dairy Industry Data, 2006
Table: India Rural/Urban Population Breakdown
Agricultural Commodity Price
Retail
Industry Forecast Scenario
Table: India MGR Sales by Format (US$bn) Historical Data & Forecasts
Table: Grocery Retail Sales by Format Historical Data & Forecasts
Industry Developments
Market Overview
Table: Structure of India's MGR Market by Estimated Number of Outlets
Table: Structure of India's MGR Market Sales by Format (US$mn)
Table: Average Outlet Sales by Format 2007
Competitive Landscape
Key Players
Food and Drink
Table: Key Players in India's Food and Drink Sector, 2007
Mass Grocery Retail
Table: Key Players in India's Mass Grocery Retail Sector, 2007
Company Analysis
Food
Hindustan Unilever Limited (HUL)
Gujarat Co-operative Milk Marketing Federation (Amul Dairy)
Drink
United Breweries Limited (UBL)
Coca-Cola India
Mass Grocery Retail
Pantaloon Retail India
RPG Retail
Deep US Recession Scenario
Global Scenario
Table: World GDP Growth
Table: US GDP Growth, Investment Growth and Private Consumption Growth
Table: Eurozone GDP Growth
Table: Asia, Excluding Japan, GDP Growth
Table: China GDP Growth
Table: Mexico GDP Growth
Table: Africa GDP Growth
Asia Pacific Food & Drink Scenario
Table: Impact of Deep US Recession On Total Food Consumption (US$bn) In Selected Asia Pacific Markets - Cumulative US$ Impact Over 5-yr Forecast Period
Appendix
Food & Drink Business Environment Ratings
Ratings Methodology
Ratings Overview
Ratings System
Indicators
Limits of Potential Returns
Risks to Realisation of Potential Returns
Weighting
Weighting
BMI Food & Drink Industry Glossary
Food & Drink
Mass Grocery Retail
BMI Food & Drink Forecasting & Sourcing
How We Generate Our Industry Forecasts
Sourcing
Companies Mentioned:
-Hindustan Unilever Limited (HUL)
-Gujarat Co-operative Milk Marketing Federation (Amul Dairy)
-United Breweries Limited (UBL)
-Coca-Cola India
-Mass Grocery Retail
-Pantaloon Retail India
-RPG Retail
For more information visit http://www.researchandmarkets.com/research/cc537a/india_food_and_dri
Contact:
Research and Markets Laura Wood Senior Manager Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 press@researchandmarkets.com
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