DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/105324/india_food_and_dri) has announced the addition of the "India Food and Drink Report Q3 2011" report to their offering.
The lagged impact of the central bank's aggressive monetary tightening is expected to take the steam out of domestic demand over the coming quarters. Looking ahead, BMI maintains their view that the Indian consumer-facing sectors provide very exciting opportunities for consumer goods manufacturers, thanks to the country's favourable demographics, rising disposable incomes and strong macroeconomic fundamentals. As such, big multinationals such as Carrefour, Wal-Mart, The Coca-Cola Company and Starbucks are likely to continue inching their way into the Indian consumer-facing sectors to take advantage of the sectors' enormous growth potential.
Headline Industry Data
- 2011 Food Consumption Growth = +5.9%; Compound Annual Average Growth to 2015= +7.2%
- 2011 Alcoholic Drink Value Sales Growth = +11.6%; Compound Annual Average Growth to 2015= +12.4%
- 2011 Soft Drink Value Sales Growth = +11.9%; Compound Annual Average Growth to 2015= +9.6%
- 2011 Mass Grocery Retail Sales= +19.7%; Compound Annual Average Growth to 2015= +17.6%
Key Company Trends
Indians Craving For More Confectionery
A month after US coffee giant Starbucks made its Indian debut, Dunkin' Donuts announced that it will be bringing its sugary treats to India as it looks to capitalise on the country's increasing out-of-home food consumption and rising affluence. Dunkin' is setting up its stores in the country through a franchise with Jubilant Foodworks (JFL). Meanwhile, Kraft Foods is reaping the fruits of its Cadbury acquisition. Cadbury India recorded revenue growth of 27% for the year ending December 2010.
Huge Scope For Premium Growth In Alcohol
SABMiller India has witnessed a drop in its domestic market share from 35% to around 20% within a span of three years. Rather than bruising a market share battle through price competition, SABMiller India is looking to build a strong foothold in the more profitable Indian states of Maharashtra, Karnataka, Haryana and Rajasthan. SABMiller's motive can be linked to the long-term outlook for the country's beer sector. By entrenching its premium brands among Indian consumers and targeting the higher-end markets.
Companies Mentioned:
- Hindustan Unilever Limited (HUL)
- Gujarat Co-operative Milk Marketing Federation (Amul Dairy)
- Britannia
- PepsiCo India
- United Breweries (UB)
- Coca-Cola India
- SABMiller India
- Mass Grocery Retail
- RPG Retail
- Pantaloon Retail India
For more information visit http://www.researchandmarkets.com/research/105324/india_food_and_dri