Food industry is one of the major monetary sources for economic development in both developed and developing economies. The food franchise market share is dynamic and one of the lucrative paths to secure a niche place in the industry. Sales of food and drinks industry may touch US $ 1000 billion by 2017, if present food demanding population continuous to perform in same manner in nearby months. In fact, India has figured as largest manufacturer of food items, one rank behind China, has potential to emerge as best destination for food and farming innovations. In addition, food processing segment is positioned at fifth; this rank can be shifted to topmost by considering today’s consumer interest in ready to eat and processed food items. Approximately, Indian food and beverage industry is categorized as:
Organized: This sector reflects structured and professional part of food industry. All operators are listed under governmental rules and regulations. Organized market share is accounted for 26 %.
Unorganized: It represents street foods, dhabas, and small stalls operate in every part of the country. Near about 45 per cent market is captured by vendors operate in unorganized segment.
Small enterprises: Medium and small sized business are mainstay of Indian economy. Approx. 29 per cent market is comprises of small scale industries.
The Indian food and beverage industry is comprised of number of food franchise from global and local regions. For example, Box-o-Burger an Indian brand offers crunchy burgers to customers with great acclaim. It goes without saying that food industry is about to break all records and would emerged as fruitful and sunrise sector in nearby future. As per estimates, the value addition of Indian food products is projected to grow by 35 percent by end of 2020. Thus there is immense business opportunities will surely generated in coming years; young entrepreneurs can capitalize low cost business opportunities for unmatched success.
Organized: This sector reflects structured and professional part of food industry. All operators are listed under governmental rules and regulations. Organized market share is accounted for 26 %.
Unorganized: It represents street foods, dhabas, and small stalls operate in every part of the country. Near about 45 per cent market is captured by vendors operate in unorganized segment.
Small enterprises: Medium and small sized business are mainstay of Indian economy. Approx. 29 per cent market is comprises of small scale industries.
The Indian food and beverage industry is comprised of number of food franchise from global and local regions. For example, Box-o-Burger an Indian brand offers crunchy burgers to customers with great acclaim. It goes without saying that food industry is about to break all records and would emerged as fruitful and sunrise sector in nearby future. As per estimates, the value addition of Indian food products is projected to grow by 35 percent by end of 2020. Thus there is immense business opportunities will surely generated in coming years; young entrepreneurs can capitalize low cost business opportunities for unmatched success.
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