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December 14, 2005
The Average Indian Spends 52% of Income on Food, Making the Industry Very Important to the Country
Dublin (PRWEB) December 14, 2005 -- Research and Markets (http://www.researchandmarkets.com/reports/c29334) has announced the addition of Food Processing Market in India (2005) to their offering.
India having encouragingly grown from a level of scarcity to surplus has enabled to create economic liberalization paving way to rapid industrialization where a good many investors find new opportunities in the market.
Studies from government sources show that an average Indian uses up a large portion of his income for food consumption, about 52 percent. Thus food processing industry is an important sector in the country. The present value of food processing industry which is Rs70 billion is expected to double by 2006 reaching Rs140 billion. There have been changes in food habits pushing for more value-added products. It is assessed that both processed food exports and value-added agricultural produce will grow faster in the coming years enabling food processing industry in India to earn profits in leaps and bounds over the next five years.
In its market research report, "Food Processing Market in India (2005)" we have shown concern to the need for development of innovations in processes of preservation and storage techniques, rheology, packaging and composites, dispersal systems, colloids, sensors for detection and process control, bio-process engineering and the like. Moreover, it views that the issue of raw material availability for the processing industry needs to be addressed.
Summary
The market research report includes in its various sections a comprehensive coverage of the different business segments within the food processing industry accompanied with statistics, trends and legal framework and regulations that govern it.
During the progress of its chapters the report begins with a profile of processed food and beverage sector in India in 2005 followed by chapter 3 making a comparative study of the market in India vis-à-vis Asia Pacific. Chapter 4 deals with demand, production and supply of food processing of dairy products, animal products, oil and oil seeds and beverages. Chapter 5 talks about the drivers of the industry. Chapter 6 talks about the burgeoning workforce and on-farm employment limits. Chapter 7 gives a study of Indian food law; chapter 8 tells about the impact of Indian food processing on the economy. Chapter 9 talks about agro-processing industries and employment trends during 2000-05; chapter 10 gives SWOT analysis of the market. Chapter 11 deals with issues affecting agro-processing industries and chapter 12 gives company profiles of top ten Indian food processing firms.
It also covers the profile of key players in the sector that includes brief profile, recent financials (wherever available), key management profiles, and company's strategic moves/press coverage's for overall market estimation and trend analysis.
For more information visit http://www.researchandmarkets.com/reports/c29334
Laura Wood
Senior Manager
Research and Markets
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Posted by Industrial-Manufacturing at December 14, 2005 04:03 AM