Kenneth Research recently released a report titled India Food And Beverage Market which gives comprehensive insights into the current market environment. The report also offers an in-depth analysis of the market on the basis of size, volume, and compound annual growth rate (CAGR) during the forecast period, i.e., 2022-2031.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for India Food And Beverage Market products.
The research report analyzes the India Food and Beverage Market By Type (Food and Beverage), By Food Type (Breakfast Cereal, Savory Snacks, Dairy Food, Food Ingredients, Organic Food, Confectionery & Bakery and Others Food) and By Beverage Type (Alcoholic and Non Alcoholic) for the Regions (North India, East India, West India and South India). The period of assessment of the market is historical period of 2014-2018 and the forecast period of 2019-2024.
According to the Azoth Analytics research report, the Indian food and beverage market is projected to display a robust growth represented by a CAGR of 7.2% during 2019 – 2024.
India Food and Beverage market is primarily driven by growing urbanization and rapidly surging millennial population clubbed with increasing awareness among consumers regarding the crucial role of organic food and beverages in maintaining body weight, repairing muscles and curing various chronic diseases. Also, burgeoning demand arising from young population who is adopting a healthy lifestyle and is health conscious also driving considerable growth in the market for Food and Beverage industry.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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The report has covered and analyzed the potential of India Food and Beverage Market and provides statistics and information on market size, company shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the India Food and Beverage Market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Scope of the Report
India Food and Beverage Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Analysis By Type (Food and Beverage)
• Analysis By Food Type (Breakfast Cereal, Savory Snacks, Dairy Food, Food Ingredients, Organic Food, Confectionery & Bakery and Others Food)
• Analysis By Beverage (Alcoholic and Non Alcoholic)
• By Regional Analysis (North India, South India, East India and West India)
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Other Report Highlights
• Market Dynamics – Drivers and Restraints
• Market Trends
• SWOT Analysis
• Competitive Landscape
• Company Analysis – Nestle India, ITC LTD, HUL, Amul, Britania, Haldiram’s, Mother Dairy, Pepsi Co, Tata Global Beverages
Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.
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