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Cheese Industry in India Exhibiting Promising Growth

Indian cheese market is anticipated to grow at a CAGR of around 18% during the forecast period of 2015-2020, says RNCOS in its latest research report.

Posted: Friday, May 08, 2015 at 10:00 AM CDT

Noida, UP -- (SBWire) -- 05/08/2015 --India is the world's second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. Increasing incomes are always accompanied by a change in the food basket. The proportionate expenditure on milk and milk products, meat, egg and fish, fruits and beverages increases with rising income.

Moreover instant food is scoring over traditional food due to influence of western countries, subsequent rise in standard of living, easy to make etc. Due to this fast food menus are gaining wider acceptance from the Indian consumer. Cheese is an essential ingredient in Italian and continental fast food segment. With rising disposable income, rapid urbanization fast food segment is gaining increasing popularity in the country which is propelling the cheese market in India.

Our recent report on "Indian Cheese Market Outlook 2020", says, on the backdrop of increasing demand for fast food, soaring tourism industry, prevalence of government initiatives, growing popularity of imported cheese will boost the Indian cheese market in coming years. Government has also implemented the scheme for infrastructure development comprising of food park scheme, integrated cold chain facility, packaging centers, value added centers, etc. The overall cheese market of India is projected to grow at a CAGR of around 18% during the forecast period of 2015-2020.

Research Analysis & Highlights

The report by RNCOS consist of 50 pages, provides an in-depth research and rational analysis of the current status and future growth prospects of the cheese market in India. Our research includes detailed study on the Indian cheese market by type, by region, by end user. Besides that, the report exhibits the emerging trends and drivers in the country which are boosting the growth of cheese market.

The report further provides a detailed description of trade scenario of cheese in India along with the analysis of type of cheese and by country export and import. A regulatory framework has been provided in the report for a better understanding of government rules associated with cheese production and cheese export-import in India. Through the section of regional analysis we have tried to provide the insight of current market scenario in different regions of the country. Additionally, we have also covered the key players section which gives a proper understanding to our customers about the existing competition in the cheese market. As a whole, the report represents a comprehensive outlook of the sector's past, present, and future scenario.

Some of the report's key highlights include:

- Increasing Demand for Fast Food Boosting the Market
- Tourism Industry Propelling the Growth
- Government Initiatives to Drive the Industry
- Growing Popularity of Imported Cheese

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM749.htm

Check Related REPORTS on: http://www.rncos.com/Food&Beverages.htm

About RNCOS
RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.