Summary
Introduction
Food retailing is spreading across the country and making its presence felt in different parts. In the last few years it has gained tremendous momentum along with some major giants making entry into this segment of retailing and offering exhaustive product range and services to the consumers. Indian food retail market size is estimated to be around US$161.7 billion in 2006 which has grown by 3.96% in 2000-05.
Key Findings & Highlights
Food retailing industry size is estimated be at US$3,007 billion in 2006. An observation of the retails formats shows that supermarkets/hypermarkets are dominant form of retail format that account for 53% of total food retail sales.
Few peculiar characteristics signify India's retail trade; dominance of regional players, huge variation in spending in each region that pose difficulty in evolving a uniform successful retail format
Factors behind faster growth of food retailing industry in India are, increasing personal and disposable income, need for convenience, faster life style and increasing consumers' awareness through the reach of media.
Key Issues & Facts
- What is the market size and scope of food retailing industry in India?
- What are the current market trends?
- What are the various challenges and opportunities for the industry?
- Which factors are driving growth in the sector?
- What is the segment-wise performance of the food retailing industry?
- Who are the key players operating in the industry?
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