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Indian Food & Drinks Market Showing Remarkable Growth
by Shushmul Maheshwari on Apr 14, 2011
According to our report “Indian Food and Drinks Market: Emerging Opportunities”, Indian food and beverage market is one of the fastest growing markets in the world. Being the world’s second largest populous country with diversified food habits, the country offers most attractive retail destinations on the globe map. As per our estimations, the market is projected to grow at a CAGR of around 7.5% during 2009-2013.
As per our team of experts, economic liberalization and rising income of middle class population have had a positive impact on the consumer spending and consumption in both rural and urban areas. Indian consumer now spends a significant proportion of disposable income on food and other essential commodities. Several other factors, such as demographic and macro economic conditions have also given fillip to expenditure on food and beverages in the country.
Further, our report provides comprehensive information about the ongoing trends and...Read More >>
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Indian Food & Drinks Market Showing Remarkable Growth
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