India Prepared Meals Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
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The India prepared meals market size was valued at $378.2 million in 2021. The market is projected to grow at a CAGR of more than 9% during the forecast period. The India prepared meals market report on the prepared meals sector in India provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares.
The Indian prepared meals sector was led by ready meals category in both value and volume terms. Ready meals category is also forecast to register fastest value and volume growth, during 2021-2026. Hypermarkets & supermarkets is the leading channel for distribution of prepared meals products in the country. MTR Foods Pvt Ltd., Haldiram’s and Gits Food Products Pvt. Ltd. are the top three companies in the Indian prepared meals sector.
India prepared meals market overview
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What are the key categories in the prepared meals market in India?
The key categories in the prepared meals market in India are meal kits and ready meals. The key segments in meal kits in the prepared meals market in India are ambient meal kits, frozen meal kits and chilled meal kits. Among them chilled meal kits had the highest share in 2021.
The key segments in ready meals in the prepared meals market in India are ambient ready meals, chilled ready meals, dried ready meals, and frozen ready meals. Among them ambient ready meals had the highest share in 2021.
India prepared meals market, by category
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What are the key distribution channels in the prepared meals market in India?
The key distribution channels in the prepared meals market in India are hypermarkets & supermarkets, convenience stores, food & drinks specialists, E-retailers and “Dollar Stores”. Hypermarkets & supermarkets is the leading distribution channel in the Indian prepared meals market.
India prepared meals market, by distribution channel
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What are the key packing materials in the prepared meals market in India?
The key packing materials in the prepared meals market in India are rigid plastics, flexible packaging, and rigid metal. Among them rigid plastics have the highest share in the prepared meals market in India.
India prepared meals market, by packing material
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Who are the key competitors in the prepared meals market in India?
The key competitors in the prepared meals market in India are MTR Foods Pvt Ltd., Haldiram`s, Gits Food Products Pvt. Ltd., Alimento Agro Foods, Ushodaya Enterprises Pvt. Ltd., ITC Limited, Adf Foods Ltd., McCormick & Company Inc., Desai Brothers Ltd., Triguni Food Pvt. Ltd., and McCain.
India prepared meals market, by key competitors
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Market report scope
Market size 2021 | $378.2 million |
CAGR | >9% |
Forecast period | 2021-2026 |
Key categories | Meal Kits and Ready Meals |
Key packing materials | Rigid Plastics, Flexible Packaging, and Rigid Metal |
Key distribution channels | Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, E-retailers and Dollar Stores |
Key competitors | MTR Foods Pvt Ltd., Haldiram`s, Gits Food Products Pvt. Ltd., Alimento Agro Foods, Ushodaya Enterprises Pvt. Ltd., ITC Limited, Adf Foods Ltd., McCormick & Company Inc., Desai Brothers Ltd., Triguni Food Pvt. Ltd., and McCain |
Scope
- Per capita consumption and per capita expenditure of prepared meals was lower in India than both the regional and global levels in 2021.
- MTR Foods Pvt Ltd. accounted for a value share of more than 24% in 2020 in the Indian prepared meals sector.
- Hypermarkets & supermarkets was the leading distribution channel in the Indian prepared meals sector.
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis.
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities.
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning.
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion.
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector.
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.
Haldiram`s
Gits Food Products Pvt. Ltd.
Alimento Agro Foods
Ushodaya Enterprises Pvt. Ltd.
ITC Limited
Adf Foods Ltd.
McCormick & Company Inc.
Desai Brothers Ltd.
Triguni Food Pvt. Ltd.
McCain
Table of Contents
Table
Figures
Frequently asked questions
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What was the India prepared meals market size in 2021?
The prepared meals market size in India was $378.2 million in 2021.
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What is the India prepared meals market growth rate?
The prepared meals market in India is projected to grow at a CAGR of more than 9% during the forecast period.
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What are the key categories in India prepared meals market?
Meal kits and ready meals are the key categories in the Indian prepared meals market.
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What are the key distribution channels in India prepared meals market?
Hypermarkets & supermarkets, convenience stores, food & drinks specialists, E- retailers and “Dollar Stores” are the key distribution channels in the Indian prepared meals market.
-
What are the key pack materials in India prepared meals market?
Rigid plastics, flexible packaging, and rigid metal are the key pack materials in the Indian prepared meals market.
-
Who are the key competitors in India prepared meals market?
MTR Foods Pvt Ltd., Haldiram`s, Gits Food Products Pvt. Ltd., Alimento Agro Foods, Ushodaya Enterprises Pvt. Ltd., ITC Limited, Adf Foods Ltd., McCormick & Company Inc., Desai Brothers Ltd., Triguni Food Pvt. Ltd., and McCain are the key competitors in the Indian prepared meals market.
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