Product Code: ETC175963 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Frozen Vegetablesãâà market currently, in 2023, has witnessed an HHI of 2494, Which has decreased substantially as compared to the HHI of 6680 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Indiafrozen vegetables market is expected to grow at a CAGR of 5.6% during the forecast period (2023-2029). This growth can be attributed to factors such as increase in demand for ready-to-eat and convenience food, growing health consciousness among consumers, availability of specialty products with various flavors and increasing penetration of organized players in the sector. Moreover, the rising disposable incomes coupled with changing lifestyles are also resulting in an upsurge in demand for superior quality frozen vegetables.
Increase in Demand for Ready-to-Eat and Convenience Food: The growing inclination towards healthy eating habits have resulted into increased popularity of processed foods over fresh produce/ naturally grown food items across India. This has led to a surge in demand for convenient meal solutions which include pre-cooked or frozen meals containing ample amounts of vegetables as components. As a result, this trend has driven sales volume of frozen vegetables significantly over the past few years.Growing Health Consciousness Among Consumers: In recent times there has been an increasing awareness about long term effects caused by unhealthy diets on overall health and well being among people especially within urban households due to rise in exposure towards modern lifestyles via media channels like internet etc.This is driving people towards consuming more organic and natural offerings which includes consumption of organic or chemical free fruits and veggies along with the adoption healthier cooking methods such as steaming instead deep frying widely promoting consumption of clean & green vegetable products majorly impacting sale volumes positively.
High Price Point : Although availability & affordability both have improved significantly , still high price point associated with these goods remain key challenge limiting mass acceptance from budget conscious segments especially lower middle class population.
Some key players operating in IndiaFrozen Vegetables Market include Amul , Dabur , Mother Dairy , Nestle India Ltd., ITC Ltd., Bambino Agro Industries Ltd., Future Consumer Enterprises Ltd., Deep Foods Inc etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Frozen Vegetables Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Frozen Vegetables Market Revenues & Volume, 2020 & 2030F |
3.3 India Frozen Vegetables Market - Industry Life Cycle |
3.4 India Frozen Vegetables Market - Porter's Five Forces |
3.5 India Frozen Vegetables Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.6 India Frozen Vegetables Market Revenues & Volume Share, By End User, 2020 & 2030F |
3.7 India Frozen Vegetables Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 India Frozen Vegetables Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Frozen Vegetables Market Trends |
6 India Frozen Vegetables Market, By Types |
6.1 India Frozen Vegetables Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Frozen Vegetables Market Revenues & Volume, By Product, 2020-2030F |
6.1.3 India Frozen Vegetables Market Revenues & Volume, By Asparagus, 2020-2030F |
6.1.4 India Frozen Vegetables Market Revenues & Volume, By Broccoli, 2020-2030F |
6.1.5 India Frozen Vegetables Market Revenues & Volume, By Green Peas, 2020-2030F |
6.1.6 India Frozen Vegetables Market Revenues & Volume, By Mushrooms, 2020-2030F |
6.1.7 India Frozen Vegetables Market Revenues & Volume, By Spinach, 2020-2030F |
6.1.8 India Frozen Vegetables Market Revenues & Volume, By Corn, 2020-2030F |
6.1.9 India Frozen Vegetables Market Revenues & Volume, By Others, 2020-2030F |
6.1.10 India Frozen Vegetables Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Frozen Vegetables Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 India Frozen Vegetables Market Revenues & Volume, By Food Service Industry, 2020-2030F |
6.2.3 India Frozen Vegetables Market Revenues & Volume, By Retail Customers, 2020-2030F |
6.3 India Frozen Vegetables Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Frozen Vegetables Market Revenues & Volume, By Discounters, 2020-2030F |
6.3.3 India Frozen Vegetables Market Revenues & Volume, By Supermarkets/Hypermarkets, 2020-2030F |
6.3.4 India Frozen Vegetables Market Revenues & Volume, By Others, 2020-2030F |
7 India Frozen Vegetables Market Import-Export Trade Statistics |
7.1 India Frozen Vegetables Market Export to Major Countries |
7.2 India Frozen Vegetables Market Imports from Major Countries |
8 India Frozen Vegetables Market Key Performance Indicators |
9 India Frozen Vegetables Market - Opportunity Assessment |
9.1 India Frozen Vegetables Market Opportunity Assessment, By Product, 2020 & 2030F |
9.2 India Frozen Vegetables Market Opportunity Assessment, By End User, 2020 & 2030F |
9.3 India Frozen Vegetables Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 India Frozen Vegetables Market - Competitive Landscape |
10.1 India Frozen Vegetables Market Revenue Share, By Companies, 2023 |
10.2 India Frozen Vegetables Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |