Food franchise opportunities in India continue to prosper in markets no matter whether prices of consumptions increase consumers are likely to have delicious and yummy cuisines on their dining table. India has witnessed unprecedented growth in consuming fast food. Chained fast-food brand named Box-o-Burger has made an entry in the market with a vision to deliver world-class services with great acclaim. The entry of the brand was late but it has adapted well to consumers offering best services. The brand has started a campaign called burger franchise for sale in order to offer franchise to entrepreneurs.
Important terms
As per recent market trends, a fast food restaurant is also figured as quick service restaurant (QSR). The concept of food courts have gained lots of popularity, consumers need to collect food items from counters available in the stores.
INDUSTRY
Market worth
The Indian fast food industry has shown wide scope of growth in recent years. Near to thousands of food, franchisees comprises both national and international players have created a buzz in the market. Simultaneously burger franchise has tremendously emerged as best industry share that generated maximum revenue. In addition, the numbers are still rising high with continues entry of new players in the industry. Whooping revenue of US $ 8 billion has been generated in a previous fiscal year and it is estimated that the numbers will certainly increase in forthcoming years. For example, Box-o-Burger also knows about low-cost business opportunities have remarkably achieved unexpected growth. Rising per capita income of average Indian, favourable environment, a high share of young generation and increasing demand has urged industry players to invest more.
Volume
Successful organizations have done thorough market research to get an overview of the industry before starting their operational activities. Near about 70 percent of organized market share is explored out of which 30 percent are foreign brands. Unorganized market share still has potential to deliver best. National and international giants have gradually shifted from metropolitan cities to small towns in order to each maximum consumer. Each and every section of Indian society should get quality and healthy food. Moreover, with advancing technology things getting easier, food processing is done smoothly because of highly smart equipment. Transform from traditional to the dynamic food industry is good for the Indian economy as huge revenues generated. It goes without saying that Indians have shown great respect to cuisines from global economies. This type of attitude has figured India as the best destination for investment in F&B sector.
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