October 18, 2019
According to the new research report available at MarketStudyReport.com under the title ‘India Food and Beverage Market: Analysis By Food (Breakfast Cereal, Savory snacks, Dairy Foods, Ingredients, Organic food, Confectionary and bakery, Others), By Beverage (Alcoholic, Non- Alcoholic): Opportunities and Forecast (2019-2024)’, Indian food and beverage market is presumed to grow with a CAGR of 7.2% by the year 2024.
India food and beverage market is particularly driven by rapid urbanization and growing millennial population, along with increasing awareness among customers about the importance of organic food in maintaining body weight, repairing muscles and curing several chronic diseases. Furthermore, escalating demand arising from younger population who are adopting healthy lifestyle and are health conscious is driving the India food and beverage market growth.
The report analyzes and covers the potential of India food and beverage market, and offers information and statistics on company shares, growth factors and market size. It intends to deliver cutting-edge market intelligence and assist decision makers to take sound investment assessment. Details regarding market dynamics, including drivers, restraints, and trends, alongside the SWOT analysis and competitive landscape of India food & beverage market are given in the report.
As per the research, India food and beverage market is analyzed on the basis of food type, beverage type, and regional outlook. Speaking of the food type, the market is fragmented as confectionery & bakery, breakfast cereal, organic food, savory snacks, food ingredients, dairy food, and others.
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Considering the beverage type, the market is segmented as non- alcoholic and alcoholic. While based on the regional outlook, India food and beverage market is divided into four major regions which are North India, South India, West India, and East India.
The prominent companies operating in India food and beverage market include Tata Global Beverages, Nestle India, Pepsi Co, ITC LTD, Mother Dairy, HUL, Haldiram’s, Britannia, and Amul.
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