Growing demand
for international products, global exposure and using branded products are supreme
factors contributing effectively to build a specific market for food franchise segment in India. Over
the past five years hundred of outlets are opened and still new operators are
waiting for right time to penetrate Indian market. By 2020, franchise business
opportunities in India would be 100 million, and the most gleaming sectors will
be apparel, food and drink, electronics and mobile, retail and business
service. Food retail market in Indian is estimated to cross INR 60 lakh crore
by 2020, about to rank among world’s top ten food market. At present there are
lakhs of local vendors sell fast food in cities like Mumbai and Delhi. All
these vendors operate in small and medium industry contribute to national
economy and also generate employment opportunities.
Food franchise
market in India is getting supersized because population growth is
uncontrolled. In coming years India ranked top in terms of population, next to
China at current time. In order to fulfil huge demand food franchise business
operates across the country. There are few underlying factors such as:
Favourable environment
Temperature condition
in moderate, you can see special dishes available on shops based on seasons.
For example, during winter season people like to food items that warm body.
Almonds derived products are consumed heavily as well as Pizzas and burgers are
also consumed.
Population
According to
last census statistic, India’s population was counted 121 billion. Thus to
fulfil mass crow needs and demands expansion of food industry is understood. To
add more, international operators eying Indian market because labours are easily
here at low prices. Hence increasing population brings several positives as
well.
Eating out
Dine out habit
emerged among Indians is one of the underlying reasons for market expansion of
food and beverage industry in India.
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