Logo
India Ready-To-Cook Market Overview, 2020-26

India Ready-To-Cook Market Overview, 2020-26

Bonafide Research 29-03-2021 103 Pages Figures : 38 Tables : 17
Region : Asia-Pacific Category : Food & Beverages Food

1. CG Foods (India) Private Limited

2. Gits Food Products Private Limited

3. Hindustan Unilever Limited

4. ITC Limited

5. MTR Foods Private Limited

More...

Recent times have witnessed a spike in demand for the ready-to-cook category, most likely due to the pressure of having to balance work-from-home with household chores. Apart from the recent pandemic, the increase in the number of working mothers, who seek easy yet healthy cooking options has been a major driver for the India ready-to-cook market. The marketers have understood the need for creating a wider range to choose from to attract Indian customers. This market comprises of Instant Noodles, Soup, Pasta Market, and Ready-to-mix (Non-Frozen) market which comprises four segments Snacks mix, Curry & Dal mix, Dessert Mix, and others Meals and Rice mix). According to the recently updated publication of Bonafide Research titled- India Ready-To-Cook Overview, 2025-26, the instant Noodle-Pasta –Soup Market and the Ready to Mix segment together accounted for a market of over INR 8000 crores in the year 2019-20.

The spike in demand for ready-to-cook products is due to a change in lifestyle. There are a large number of working women now, especially in Metros and large cities. Mothers are seeking easy-to-cook, yet healthy and tasty, options for their children. With RTC, the consumer is also able to add her unique touch to the dish. However, the issue is that very limited healthy ready-to-cook options are available. Healthy options are not tasty, and vice versa. The northern region contributes the highest in the country of a share more than a quarter.

Even though traditional retail holds a high share, followed by modern retail in terms of revenue, the online sales channel is to experience a high growth rate in the forecasted period. The strategy to enter the online sales channel has paid rich dividends, as especially during the lockdown, the digital landscape was the only way to reach customers. In addition to leading e-commerce players, marketers have also associated with aggregators such as Swiggy and JustMyRoots to ensure the availability of products to customers. They are promoting products on multiple digital platforms, and on social media and are using digital to offer functional content – taste/health-centric recipes & customized solutions.

The marketer is trying to offer a perfect combination of taste, health, and convenience, and is positioned as the go-to-wholesome snack for young professionals and working women with kids who seek both health and taste without investing much time in cooking at very affordable price. The ready-to-cook foods segment is seeing accelerated growth as the stay-at-home advisory gives people a chance to broaden their culinary engagement and bring home the joy of dining out.

Companies included are:-
1. Nestle India Limited
2. Hindustan Unilever Limited
3. ITC Limited
4. Capital Foods Limited
5. CG Foods (India) Pvt. Ltd.
6. Bambino Argo Industries Ltd.
7. Gits Food Products Pvt. Ltd.
8. Kohinoor Foods Limited
9. iD Fresh Food (India) Pvt. Ltd.
10. Maiyas Beverages and Foods Pvt. Ltd.
11. Ushodaya Enterprises Pvt. Ltd.
12. Desai Foods Private Limited
13. Alimento Agro Foods Private Limited
14. Bikaner Foods Pvt. Ltd.

Considered in the report
• Geography: India
• Base year: 2019-20
• Historical year: 2014-15
• Forecasted year: 2025-26

Segments covered in the market
• By Category
• By Demographic Area
• By Region
• By Sales Channel
• By Company

This report would help you answer the following questions:
1. What is the market size and forecast of the India Ready To Cook Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the India Ready To Cook Market during the forecast period?
3. Which region outstands in the India Ready To Cook Market?
4. Which are the segments to invest in over the forecast period in the India Ready To Cook Market?
5. What is the competitive strategic window for opportunities in the India Ready To Cook Market?
6. What are the technology trends and regulatory frameworks in the India Ready To Cook Market?
7. What are the major company in the India Ready To Cook Market?

Read More

Card image cap

Interested in this report?
Get your FREE sample!

Requirement Gathering & Methodology
Data Collection Techniques
Our Research Team & Data Sourcing
Data Science & Analytical Tools
Data Visualization & Presentation Skills
Project/ Report Delivery & After Sales Services