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Follow on Google News | New market study, "India Food & Drink Report Q3 2010", has been publishedNew Food and Beverage market report from Business Monitor International: "India Food & Drink Report Q3 2010"
US beverage behemoth PepsiCo is one such company seeking to exploit the favourable demographics and strong economic growth formula that buoys India's fast-moving consumer goods industry, announcing in April that it is to form a soft drinks joint venture (JV) with local major Tata Tea. At present both parties have only signed a Memorandum of Understanding and specific details of the JV are still to be announced. However, if the JV goes ahead it will go some way towards improving PepsiCo's ability to compete with fierce rival The Coca-Cola Company (TCCC), with Tata Tea being able to provide a strong local brand name and all-important local market knowledge as well as a vast distribution network. Soft drink sales in India are forecast to increase an impressive 66.1% to 2014 and PepsiCo will want to ensure it is in a strong position to take advantage of this, so a JV with Tata Tea should only benefit PepsiCo. Elsewhere, in the country's alcoholic drinks sector reports started circulating in February 2010 that SABMiller, the country's number two brewer, was reconsidering its emerging markets priorities and placing investments in Latin America, China and, in particular, Africa, above investments in India. The brewer is said to have become increasingly frustrated by an ongoing supply dispute with the authorities in the high-consumption state of Andhra Pradesh, which has seen the firm lose market share to its rival United Breweries in recent months. However, while India may no longer be one of the brewer's major priorities it will remain on its long-term radar thanks to low existing consumption levels and rapid economic and population growth. Meanwhile, India's mass grocery retail sector continues to receive a lot of interest, not surprising given its present state of immaturity and the growth opportunities this presents, the strongest growth is anticipated in the hypermarket sector, with sales set to grow by an explosive 342.5% to reach INR314.6bn in 2014. In seeking to take advantage of this sales growth Spar International and Aditya Birla Retail both announced in Q210 that they planned to increase the number of hypermarkets in their networks. Quarterly industry activity suggests that India looks set to remain an attractive investment opportunity. For more information or to purchase this report, go to: - http://www.fastmr.com/ Partial Table of Contents: Executive Summary SWOT Analysis - India Food Industry SWOT - India Drink Industry SWOT - India Mass Grocery Retail Industry SWOT Business Environment - BMI's Core Global Industry Views - Table: BMI's Core Views For The Food & Drink Industry - Asia Pacific Food & Drink Business Environment Ratings - Table: Asia Pacific Food & Drink Business Environment Ratings, Q310 - India's Food And Drink Business Environment Rating - Macroeconomic Outlook - Table: India - Economic Activity Food - Industry Forecast Scenario - Food Consumption - Table: Food Consumption Indicators - Historical Data & Forecasts - Confectionery - Table: Confectionery Value/Volume Sales - Historical Data & Forecasts - Processed Food - Table: Processed Food Industry Indicators - Historical Data & Forecasts - Trade - Table: India Food & Drink Trade Indicators - Historical Data & Forecasts - Industry Developments - Market Overview - Food Processing - Food Consumption - Confectionery - Canned Food - Trade - Agriculture - Rice - Dairy Industry Drink - Industry Forecast Scenario - Hot Drinks - Table: India Beverage Sub-Sectors - Value/Volume Sales Historical & Forecasts - Alcoholic Drinks - Table: India Beverage Sub-Sectors - Value/Volume Sales Historical & Forecasts - Soft Drinks - Table: India Beverage Sub-Sectors - Value/Volume Sales Historical & Forecasts - Industry Developments - Market Overview - Soft Drinks - Hot Drinks - Alcoholic Drinks - Spirits - Beer - Wine Retail - Industry Forecast Scenario - Table: India MGR Sales by Format - Historical Data & Forecasts - Table: Grocery Retail Sales by Format - Historical Data & Forecasts - Industry Developments - Market Overview - Leading MGR Players - Table: Structure of India's Mass Grocery Retail Market by Estimated Number of Outlets - Table: Structure of India's Mass Grocery Retail Market - Sales by Format (INRmn) - Table: Average Outlet Sales by Format - 2008 Competitive Landscape - Table: Key Players in India's Food and Drink Sector, 2009 - Table: Key Players in India's Mass Grocery Retail Sector, 2009 - Company Analysis - Food - Full Table of Contents is available at: -- http://www.fastmr.com/ About Business Monitor International Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156. End
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