INDIA READY TO MIX FOOD MARKET ANALYSIS

India ready to mix food market is estimated to be valued at USD 420.2 Mn in 2024, exhibiting a compound annual growth rate (CAGR) of 16.7% from 2024 to 2031. India ready to mix food market in has been witnessing significant growth over the past few years. The changing lifestyles and busy schedules of people have increased the demand for convenience foods that can be easily prepared. Ready to mix food products, such as noodles, pasta, biryani, and pizza mixes, save time in terms of preparation and cooking. They are pre-mixed with common ingredients and spices required for the dish. People simply need to add few other ingredients like vegetables, meat, and others and cook the food in minimum time. Rising incomes and nuclear family structures have further propelled the adoption of ready mixes. The busy urban population finds them practical alternatives to homemade meals. Additionally, improving cold chain infrastructure and shelf life of products have enabled their wider availability across the country. The market is expected to keep growing steadily due to ongoing urbanization, increasing youth population and expanding retail distribution networks.

Market Dynamics:

The India ready to mix food market is driven by rising preference for convenience foods among time-strapped consumers. Busy lifestyles and dual income households today leave little time for elaborate at-home cooking, favoring ready mixes instead. However, high prices of branded products compared to traditional cooked foods can limit the market growth to some extent. On the positive side, ongoing initiatives by major players to offer affordable packs and expand reach in smaller cities provide new opportunities. Companies introducing premium and personalized mixes according to regional tastes can further tap the market potential. The entry of foreign supermarkets like Walmart and Metro Cash & Carry has increased the shelf space for such mixes. Moreover, factors like nuclear families, women workforce participation, and modern retail proliferation continue to drive the market growth upwards in the country.

Key Features of the Study:

- This report provides in-depth analysis of the India ready to mix food market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

- It profiles key players in the India ready to mix food market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

- Key companies covered as a part of this study include Indian Tobacco Company, Mavalli Tiffin Room, Gits Food Products Pvt. Ltd., Kohinoor Foods, Priya Foods, and Bambino Agro-Industry

- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

- The India ready to mix food market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the India ready to mix food market

Market Segmentation

• By Application Insights (Revenue, USD, 2019 - 2031)
• • Snack Mix
  • Desert Mix
  • Curry Making Enablers
• By Distribution Channel Insights (Revenue, USD, 2019 - 2031)
• • Retailers
  • Kirana Shops
  • Online Purchase
  • Others
• Key Players Insights
• • Indian Tobacco Company
  • Mavalli Tiffin Room
  • Gits Food Products Pvt. Ltd.
  • Kohinoor Foods
  • Priya Foods
  • Bambino Agro-Industry