Noida, UP -- (SBWire) -- 01/16/2011 -- As per our report “Indian Food and Drinks Market: Emerging Opportunities”, Indian market offers huge potential for growth and has been eyed as one of the most lucrative markets across the globe. Despite economic turmoil, Indian food and beverage market grew at a very fast rate. As per our estimations, the market is projected to grow at a CAGR of around 7.5% during 2009-2013.
Our study has found that the main reason for the growth of this industry is the rapidly growing population and increasing disposable income of the people. Several other factors like, demographic and macro economic conditions have also provided fillip to expenditure on food and beverages in the country. Along with this trend, various other strong fundamental drivers discussed and analyzed in the report will enable this segment to sustain its upward growth trend in the coming years.
Further, our report states that the Indian food and drinks market has shown an upward trend in almost every segment, despite tough economic conditions. In the drinks segment, alcoholic drinks and energy drinks segment witnessed highest growth and they are likely to follow similar trend in coming years on the back of factors given in the report.
Besides, our report discusses the potential growth areas that exist in the food and beverage industry of India. Sectors such as, the
processed food and the organic food have bright future prospects as well as huge growth potential in the food service industry.
Factors fueling the growth in these sectors have also been discussed in the report.
Our report “Indian Food and Drinks Market: Emerging Opportunities”, also presents industry forecast based on correlation of past drivers, challenges, and opportunities for expansion. In this way, the report presents a comprehensive and coherent analysis of the Indian food and drinks market that will prove decisive for clients. The report contains a thorough analysis of the current market trends, new developments, and competitive landscape to enable clients better understand the market structure and its progress in coming years.
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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
Indian Food and Drinks Market Set for Stupendous Growth