Dried and Preserved Vegetable Market in India to Grow at 16% by 2020, Reveals New Report by NOVONOUS

LEWES, Del. - July 4, 2016 - PRLog -- India is the world's 2nd largest producer of vegetables in the world next only to China. But the fruit and vegetable processing industry in India is highly decentralized. A large number of units are in the small scale sector, having small capacities up to 250 tonnes per annum though big Indian and multinational companies have capacities in the range of 30 tonnes per hour or so. Hence India now ranks only third in the production of Dried and Preserved vegetables.

In Dried and Preserved vegetable market high return is usually in the export market, especially Europe. The export customers are mostly ready-to-eat food manufacturers and hotel chains in those countries. Any economic slowdown in Europe or other export markets would negatively affect the businesses of export customers which in turn would affect the order quantity and hence the Dried and preserved vegetable market.

Ambarish Kumar Verma, Managing Director of NOVONOUS Business Consulting Private Limited said "The dried and preserved vegetables market in India is highly fragmented with many small and regional players producing to meet the demand of the Indian market. Most of the export market is dominated by big players in the industry. Most of the companies produce a wide variety of products which are used for different applications in the food processing industry".

This report covers a detailed analysis of 5 companies which are spread across different regions around India. The objective of this report is to analyze the current scenario of the Indian dried and preserved vegetables market and to project the market growth over the next 5 financial years.

According to NOVONOUS the dried and preserved vegetables market of India is expected to grow at a CAGR of 16% by the year 2020. The supportive agro-climatic conditions, potential domestic market, cost competitiveness, and government support are some of the key factors which will drive the growth of this industry.

This report provides end-user-wise, processing method-wise and product-wise insights on dried vegetables market in India, growth drivers and inhibitors, key trends, profiles of key players, major challenges for new players, current and future trends and recommendations for policy makers, service providers & investors.

The report also have an case study of Artocarpus Foods Private Limited which was setup in Kannur district of Kerala on May 2015. How It has become the first full-fledged jackfruit processing venture in India was discussed in the report.

Apart from that a sample business plan has been provided which gives a glimpse of activities to be performed in order to establish a new vegetable dehydration plant in Kerala.

Spanning over 96 pages and 76 exhibits, report presents an in-depth assessment of the Dried and Preserved Vegetable Market in India till 2020.

Research Methodology:

The report has been prepared after extensive secondary and primary research among various stakeholders in the Dried & Preserved Vegetable Market like farmers, food processors, end users, government bodies, associations, industry players etc.

The primary research consists of interviewing the key management people from the leading companies in the Dried & Preserved Vegetables sector. A sample size of 5 players was selected based on convenience sampling method. A questionnaire was prepared to interview the companies on the following points:

1.     To understand the current position of the company along with its current financial position and the expected growth rate for the company over the next 5 years.

2.     To understand the key challenges and pain areas of the company in this sector

3.     To understand the USP of the company and its future plans

4.     To understand the company view point on the various government policies and its implications

5.     To get a detailed insight of the industry as a whole as viewed by the senior management of the company

For more information and purchase this report please visit: http://www.marketresearchreports.com/novonous/dried-and-preserved-vegetables-market-india-2016-2020

To browse more market research reports by NOVONOUS visit: http://www.marketresearchreports.com/publisher/novonous

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