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text 2019-01-04 07:02
India Frozen Food Market Analysis by Type and Distribution Channel

04 January 2019, India Frozen Food Market is expected to be valued at $1,322.3 million by 2024. India is the second largest food producer in the world straight after China. Despite strong agriculture production base, a noteworthy amount of food produced gets wasted owing to poor storage and inadequate infrastructure in country. Hence, frozen processed food products with longer shelf life and easy preparation than traditional food products, are expected to be booming and hence, bring new players in the market to serve the rising requirement with adequate and sustainable infrastructure. India being the tropical country, vast amount of post-harvest losses of vegetable and fruits takes place every year and therefore, frozen convenience food is expected to solve the problem over the coming years.

 

The Indian industry comprises of heat-and-eat vegetarian, ready-to-cook, fry, and non-vegetarian food products, and is chiefly dominated by some regional players and select national brands. However, the frozen food market in India is at a nascent stage owing to low awareness, few products, lack of refrigeration equipment, and underdeveloped cold chain network.

 

 

The paucity of time along with growing urbanization, lots of Indians are preferring western dishes over traditional food products. The population of working women and young professional teenagers living alone is increasing the demand. Increased shelf life, good visibility, a variety of frozen food products, and offering free samples in food markets is expected to provide further exposure to these products in country over the coming years.

 

Regardless of the variety of offerings and expected promising growth, the frozen food industry in India is at nascent stage however, companies are focusing on finding out more promising freezing process which will reduce the production time and will help in increasing the volume in minimum time. Lack of necessary back-end infrastructure is causing delays and failures in delivery of frozen food products from the manufacturer to retailers and also is expected to hamper the quality of the products.

 

Browse Details of Report @ https://www.hexaresearch.com/research-report/india-frozen-food-market

 

Hexa Research has segmented the India frozen food market report based on type and distribution channel:

 

Segmentation by Food Type

  • Frozen ready meals
  • Frozen Pizza
  • Frozen fish/seafood
  • Frozen Meat
  • Frozen potato products
  • Frozen bakery products
  • Others

 

Segmentation by Distribution Channel

  • Online
  • Offline

 

Key players analyzed:

  • Mother Dairy Fruits & Vegetables Pvt Ltd.
  • Sahar Enterprises L.L.C.
  • Innovative Foods Ltd.
  • McCain Foods Limited
  • Kohinoor Foods

 

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/food-and-beverages-industry

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text 2018-11-21 12:14
Global Fortified Foods Market Value to Register 1.8X Increase in its Revenue by 2028

Fortified Foods market value stood over USD 105 billion in 2018. The industry will register significant growth to create lucrative revenue opportunity for companies. As per the estimates, fortified foods is set to register increase in its revenue by 1.8X during the forecast period.

 

Download Report Sample (PDF): https://bekryl.com/sample/sample-request/?bekryl=Get-Fortified-Foods-Sample-Report.

Human lifestyle is changing at a very high pace. Sedentary lifestyle has impacted the human health. At times, few circumstances arises in life where proper nutrition is missed out due to hectic lifestyle. This has severely led to micronutrient deficiency among major class of human population especially among teens and middle aged group. It is because of the need for nutritious foods that fortification is gaining higher traction. Fortification of foods helps in bridging the gap and provide quality nutrients. Fortified foods were introduced in early 1940s in U.S. Since then, it has grown mainifold. Fortified foods are foods added with additional nutrients. According to the research, nearly 2 billion population is suffering from micronutrient deficiency. This equates to whooping 40% of human population. Many healthcare personnel recommend patients/consumers to consume fortified foods in order to meet daily nutrition requirements. Moreover, changing lifestyle and working culture has created favorable ecosystem for vendors and suppliers worldwide. Nowadays, consumers are inclined towards healthy diets. As per the recent survey, nearly half of 18–40 age group population has changed their eating habits in last decade. Also, there has been substantial improvement in macroeconomic scenario. The trend is particularly strong in developed regions, wherein the level of fortified foods penetration is higher compared to developing regions.

To know more about latest trends and market size, visithttps://bekryl.com/industry-trends/fortified-foods-and-beverages-market-share-analysis

Asia Pacific Fortified Foods Market Size to Dominate the Global Share

In 2018, Asia Pacific accounted for 36% of global fortified foods market share. Large population base and high per capita spending power has created favorable ecosystem for players. China and Japan are key regions for industry players. Together, they accounted for over 61% of regional share. Yakult Honsha accounted for 19% of total fortified foods sales in Japan. Meiji with 17.5% market share stands next to Yakult.

India is the third most prospective region for players in Asia Pacific. Government has initiated various measures and promotions to alleviate micronutrients deficiency. Edible oils and dairy products dominated the net fortified foods sales in the country. Fortified milk market is gaining impressive growth in India.

North America fortified foods market stands next Asia Pacific. There are many leading players competing in the region. While Asia Pacific dominates the global revenue, per capita fortified foods consumption is nearly 2.7X higher compared to developing regions. The region will create 1.4X higher revenue opportunity by 2028 end than that in 2017.

Fortified Foods Competition Analysis:

Some key fortified foods and beverages market players are:

  • Meiji Holdings
  • Friesland Campina
  • Unilever
  • RFM Corp
  • Cargill
  • Yakult Honsha Co., Ltd.
  • Danone
  • Kellogg
  • Nestle

Similar Other Reports: Infant Formula Market Analysis:https://bekryl.com/industry-trends/infant-formula-market-size-analysis

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text 2018-11-21 12:10
Breakfast Cereals Market Opportunity - Competition Benchmarking

Global breakfast cereals market is expected to exceed USD 65 billion by 2028, finds Bekryl Market Analysts.

Over the last five years, the competition in breakfast cereals market has heightened with many regional players emerging in already saturated market. Companies are focusing on regional taste flavored products to ensure long term sustainability and gain market share over the time period. Globally, the industry will be driven by demand for healthy and organic breakfast cereals.

Get Report Sample (PDF): https://bekryl.com/sample/sample-request/?bekryl=Get-Breakfast-Cereals-Sample-Report.

 

Some key trends from the global Breakfast Cereals market:

Trend#1: North America to Dominate the Global Breakfast Cereal Market Revenue

North America is estimated to account for 36.9% of global revenue share in 2018. It is expected to hold its market dominance throughout the forecast period. The industry is highly saturated and is facing stiff competition from alternative breakfast segment. Millennial consumers have wide range of choices ranging from energy bars to biscuits. Cutthroat competition has led cereal companies to invest in product innovation. Various new flavor variants were launched in 2017 and 2018. The trend is likely to continue to maintain market presence. Also, companies are increasing their foodservice distribution networks to minimize the competition from outside the industry.

Trend#2: Breakfast Cereals Companies are Tapping Teens and Young Adult Population to Drive Revenue

Less than a decade ago, cereals use to enjoy the dominance on almost each age group. However, in last few years, the trend has shifted towards 12 to 21 age group population. There has been rise in overall consumption of breakfast cereals among teenagers as compared to middle aged and aging population. As such, companies are focusing mainly on enhancing products with wide range of flavors. Few companies are also investing on packaging to build brand reputation among young consumers.

Trend#3: Hypermarkets and Supermarkets to Account for 63% of Global Breakfast Cereals Sales in 2018

Offline shelves still dominate the global sales of breakfast cereals. Over 63% of breakfast cereals is estimated to be sold through hypermarkets and supermarkets in 2018. Large number of consumers prefer buying groceries from supermarkets. While supermarkets dominated the global point of breakfast cereals sales, independent grocery stores are preferred choice of consumers in South East Asia.

Trend#4: Organic Cereal Launch Likely to be at Center of Strategic Breakfast Cereal Business Expansion

Companies are focusing on launching organic cereals in order to provide healthy cereals and create brand presence among millennial. Recently in 2018, Cereal Partners Worldwide launched a range of organic breakfast cereals in Europe. Various such products are expected to be launched by 2028. Organic cereals is growing at a CAGR of 7.9% and will capture a chunk of market by 2028.

To procure the full report or gain key industry insights, visit: https://bekryl.com/industry-trends/breakfast-cereals-market-share-analysis

Some key global Breakfast Cereals market players are:

  • PepsiCo
  • Nestle
  • Marico Limited
  • Calbee Inc.
  • Bagrrys
  • General Mills
  • Kellogg Company
  • B&G Foods

Bekryl has analyzed the breakfast cereal market value by:

By Cereal Type:

  • Ready to Eat (RTE) Cereals
  • Hot Cereals

By Distribution Channel:

  • Supermarkets
  • Hypermarkets
  • Company Outlets
  • Grocery Stores
  • Convenience Stores
  • Online Sales
  • Others

Some other Key Reports: Global Fortified Foods Markethttps://bekryl.com/industry-trends/fortified-foods-and-beverages-market-share-analysis

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text 2018-10-26 07:31
Flexible AC Transmission System (FACTS) Market Analysis

26 October 2018, The Flexible AC Transmission System (FACTS) Market size is expected to grow moderately over the forecast period. Surging demand for industrial and renewable energy applications along with general electrical utility is projected to drive the market. Large-scale technological developments and restructuring activities of existing power infrastructures across the globe are likely to bolster the growth of the market. Transformation of smart grids offers numerous opportunities in the market. The technology is developing at a significant rate, with the continuous emergence of new applications across different industry sectors.

 

Development of high-powered electronics systems is expected to drive the market further. FACTS technologies have a minimal impact on the environment and a small footprint. Project implementation times for such advanced power infrastructure are considerably lower along with lower investment costs than alternative of building more transmission lines or new power generation facilities. FACTS provide features such as higher flexibility and reliability for existing power infrastructure systems.

 

Static VAR Compensator (SVC) is extensively used in FACTS, followed by Fixed Series Capacitors (FSC) along with devices such as Static Synchronous Compensator (STATCOM), Unified Power Flow Controller (UPSC), and Interline Power Flow Controller (IPFC) required for power grids.

 

Improved control over voltage and power supply, reduced power loss during transmission, and improved power quality are some of the benefits of these systems. Such systems have the potential to enhance power system operation and increase import power capacities of the existing systems. It also provides load flow control in meshed systems, fast voltage regulation, and damping of active power oscillations.

 

Incorporation of renewable sources and evolution to smart grid by different countries provides an opportunity for the market across the globe. Around 60 countries across the world have upcoming renewable energy policies that make it mandatory for the energy retailers to specify the portions of their source of energy to renewable energies. Environmental effects, impact on public health, and regulations regarding land usage are the fundamental challenges faced by the the market. The cost of replacing and installing new FACT system is relatively high in comparison with the traditional transmission system. Moreover, lack of awareness about the benefits of these systems is anticipated to restrict the market growth.

 

Browse Details of Report @ https://www.hexaresearch.com/research-report/flexible-ac-transmission-system-facts-market

 

Railways, electrical utilities, steel, and oil and gas sectors are the major end-users of FACTS. The Flexible AC Transmission System (FACTS) market can be segmented on the basis of compensation type as series compensation, shunt compensation, and combined series and shunt compensation. Power electronic devices, reactors, thyristors, GIS switchgear, capacitor banks, Phase Shifting Transformers (PST), surge arresters, and protection and control systems are the major FACTS components. Thyristor Protected Series Compensation (TPSC) and the Short-Circuit Current Limiter (SCCL) are the recent developments in the market.

 

The Asia Pacific regional market is expected to lead the FACTS industry on account of increased demand for power transmission solution, voltage and power infrastructure in countries such as India and China. Moreover, the market for such technology in South East Asian countries such as Singapore, Malaysia, Indonesia, and Australia is expected to grow at a steady rate over the forecast period.

 

North America regional market led the global industry in the past acquiring a significant share of the market. Rising replacement and developments of the existing power infrastructures, along with integrating renewable sources in the power grids, in developed economies such as North America and Europe is expected to drive the regional industry over the next few years. Led by the demand from countries such as Germany, U.K., Spain, and Italy, the Europe regional market also accounted for a significant share of the market in the past.

 

Key companies in the global FACTS market include ABB Group, Adani Power Ltd., American Electric Power, Alstom, Siemens AG, Xian Electric Engineering Co. Ltd., and Toshiba Corp. Eaton Corporation recently acquired electrical equipment supplier Cooper Industries to form a new premier global power management company aimed at easier entry into the power infrastructure sector. The industry has been witnessing extensive mergers and acquisitions to make their mark in the market.

 

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/energy-and-power-industry

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