Product Code: ETC040925 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Processed Vegetable market currently, in 2023, has witnessed an HHI of 2048, Which has increased slightly as compared to the HHI of 1874 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 India Processed Vegetable Market is expected to register a CAGR of 8.8% over the period 2020-2026. The processed vegetables sector in India has witnessed significant growth over the last few years, driven by rising consumer demand for convenience foods and increased urbanization. Further, there have been rapid changes in food consumption patterns due to changing lifestyle and higher disposable income among consumers driving the market for processed vegetable products.
1) Growing Demand for Ready-to-Eat Products: With increasing trend towards healthy eating habits and growing concerns about health and nutrition, an increasing number of consumers are opting for ready-to-eat food items such as frozen or canned vegetables which provide convenience while maintaining nutritional value. This has resulted in an escalating demand for processed vegetables across India leading to growth of this market segment.
2) Increasing Distribution Channels: Expansion of organized retail channels within India coupled with introduction of online retailing platforms have enabled efficient distribution network thereby providing easy access to these products across all regions, fueling their adoption rate further resulting in growth of this market segment in recent years.
High Cost Involved In Processing Of Vegetables: Processing requires specific equipment which can be extremely expensive thus resulting into high cost associated with production process that limits its wider applications within Indian markets hindering the overall growth prospects of this industry segment during forecast period.
Key Players Operating In The Market Include but not limited To : Mother Dairy Fruits & Vegetables Pvt Ltd., Vadilal Industries Ltd., HUL (Kwality Wall`s), ITC Limited And Amul etc..
Due To Unprecedented Economic Volatility Arising From Lockdown Implemented Across Countries Resulting Into Disruption Of Supply Chain Activities Within Food Industry Has Adversely Affected Domestic Production Of Processed Foods Including Processed Vegetable Segment Thus Hampering Its Growth Prospects During Current Year While Long Term Outlook Is Still Optimistic For This Market Segment Post Recovery Phase Begins After Vaccine Becomes Available
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 Processed Vegetable Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Processed Vegetable Market Revenues & Volume, 2020 & 2030F |
3.3 India Processed Vegetable Market - Industry Life Cycle |
3.4 India Processed Vegetable Market - Porter's Five Forces |
3.5 India Processed Vegetable Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 India Processed Vegetable Market Revenues & Volume Share, By Form, 2020 & 2030F |
3.7 India Processed Vegetable Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.8 India Processed Vegetable Market Revenues & Volume Share, By Processing Equipment, 2020 & 2030F |
4 India Processed Vegetable Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Processed Vegetable Market Trends |
6 India Processed Vegetable Market, By Types |
6.1 India Processed Vegetable Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Processed Vegetable Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 India Processed Vegetable Market Revenues & Volume, By Canned Vegetable, 2020-2030F |
6.1.4 India Processed Vegetable Market Revenues & Volume, By Frozen Vegetable, 2020-2030F |
6.1.5 India Processed Vegetable Market Revenues & Volume, By Fresh- Cut Vegetable, 2020-2030F |
6.2 India Processed Vegetable Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 India Processed Vegetable Market Revenues & Volume, By Powder, 2020-2030F |
6.2.3 India Processed Vegetable Market Revenues & Volume, By Granules, 2020-2030F |
6.2.4 India Processed Vegetable Market Revenues & Volume, By Others, 2020-2030F |
6.3 India Processed Vegetable Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Processed Vegetable Market Revenues & Volume, By Family, 2020-2030F |
6.3.3 India Processed Vegetable Market Revenues & Volume, By Restaurant, 2020-2030F |
6.3.4 India Processed Vegetable Market Revenues & Volume, By Other, 2020-2030F |
6.4 India Processed Vegetable Market, By Processing Equipment |
6.4.1 Overview and Analysis |
6.4.2 India Processed Vegetable Market Revenues & Volume, By Pre-processing, 2020-2030F |
6.4.3 India Processed Vegetable Market Revenues & Volume, By Processing, 2020-2030F |
6.4.4 India Processed Vegetable Market Revenues & Volume, By Washing, 2020-2030F |
6.4.5 India Processed Vegetable Market Revenues & Volume, By Filling, 2020-2030F |
6.4.6 India Processed Vegetable Market Revenues & Volume, By Seasoning, 2020-2030F |
6.4.7 India Processed Vegetable Market Revenues & Volume, By Packaging, 2020-2030F |
7 India Processed Vegetable Market Import-Export Trade Statistics |
7.1 India Processed Vegetable Market Export to Major Countries |
7.2 India Processed Vegetable Market Imports from Major Countries |
8 India Processed Vegetable Market Key Performance Indicators |
9 India Processed Vegetable Market - Opportunity Assessment |
9.1 India Processed Vegetable Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 India Processed Vegetable Market Opportunity Assessment, By Form, 2020 & 2030F |
9.3 India Processed Vegetable Market Opportunity Assessment, By Application, 2020 & 2030F |
9.4 India Processed Vegetable Market Opportunity Assessment, By Processing Equipment, 2020 & 2030F |
10 India Processed Vegetable Market - Competitive Landscape |
10.1 India Processed Vegetable Market Revenue Share, By Companies, 2023 |
10.2 India Processed Vegetable Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |