Market analysis of dry soups and broths in India
The relevance of research
Due to the peculiarity of the chemical composition, food concentrates have a high energy value, good keeping quality and a high degree of digestibility. The low moisture content makes it possible to store products for a long time, they are not exposed to microorganisms, and due to their small volumes they are well transportable.
Purpose of the study
Analyzing the state of the dry soups and broths market in India, assessing the market size, analyzing competitors, and identifying factors affecting the dry soups and broths market
Content
Part 1. Overview of the Indian market of dry soups and broths
1.1. Main characteristics of the market
1.2. Dynamics of the market volume of dry soups and broths 2016-2020 Potential market capacity
1.3. Assessment of factors affecting the market
1.4. Life cycle stage of dry soups and broths market
1.5. Competition from substitute products
Part 2. Competitive analysis in the market of dry soups and broths
2.1. Major players in the market
2.2. Market shares of the largest competitors
2.3. Profiles of major players
Part 3. Analysis of the production of dry soups and broths
3.1. Volume and dynamics of domestic production of dry soups and broths
3.2. Share of exports in the production of dry soups and broths
3.3. Segmentation of production of dry soups and broths by regions
3.3.1. Production by Union Territories
3.3.2. Production by states of India
Part 4. Analysis of foreign trade supplies of dry soups and broths
4.1. Volume and dynamics of imports of dry soups and broths
4.2. Import structure
4.3. The volume and dynamics of exports of dry soups and broths
4.4. Export structure
Part 5. Analysis of the consumption of dry soups and broths
5.1. Dynamics of consumption of dry soups and broths
5.2. Analysis of the results of tenders for the purchase
Part 6. Price Analysis
6.1. Average producer prices by union territories
6.2. Average consumer prices by states in India
Part 7. Assessment of factors of investment attractiveness of the market
Part 8. Market forecast for dry soups and broths until 2025
Part 9. Recommendations and conclusions
Research excerpt
Part 1. Overview of the Indian market of dry soups and broths
1.1. Main characteristics of the market
Food concentrates are mixtures of various raw materials, pre-processed, selected according to the recipe, packaged, packaged and fully or partially ready for use. Concentrates feature...
The low moisture content makes it possible to store products for a long time, they do not…
The first dry concentrated soups appeared in ...
...
The market of dry soups and broths to a greater extent consists of products ... production, the share of which in 2016-2020. was within …%.
Diagram 1. The ratio of imported and domestic products in the market of dry soups and broths,%
1.2. Dynamics of the market volume of dry soups and broths 2016-2020 Potential market capacity
For 2017-2019 market volume of the studied products …% from … mln Rs. up to … million Rs. At the end of 2020, the volume of the market of the studied products amounted to … mln Rs. … relative to 2019 by …%.
Average annual growth rate in 2016-2020 amounted to …%.
… the demand for the researched products is due to …
In physical terms, in 2020, the market volume of dry soups and broths in India amounted to … thousand tons, … by …% compared to 2019. … occurred predominantly due to ...
The actual market capacity in 2020 reached … billion Rs. According to industry experts, the consumption of dry soups and broths in India is … than in Europe. Thus, the potential market capacity is … billion Rs.
In the structure of industry-wide revenue by federal districts during 2016-2020. did not happen ... The leaders among the federal districts are ... the Union Territories, ... the Union Territories and ... the Union Territories, where
focused on the main...
Diagram 3. Revenue (net) from the sale of dry soups and broths by union territories for 2016-2020, %
1.3. Assessment of factors affecting the market
Let's consider the main factors influencing the market and, accordingly, demand.
Social (demographic)
During 2012-2018 India's population is on the rise. The increase in the population in 2015 was not only due to migration and natural increase, but also …
In 2016-2020 are observed ..., but despite this, the population of India ..., and in 2019 the population ... Since the beginning of 2020, the population ... per ... thousand people (for the same period in 2019 - ...).
According to the forecast for the period up to 2024, the population will be …
...
Diagram 4. Dynamics of the population of India, as of January 1, 2015-2021, million people, thousand people
...
Economic
...
technological
...
Political
...
Table 4. STEP analysis of factors influencing the market of dry soups and broths
1.4. Life cycle stage of dry soups and broths market
The market is at the stage of … life cycle. The product is presented on the market by a large…
At this stage, the role of ...
...
At the stage ... the main task of marketing activities is to ...
1.5. Competition from substitute products
Unlike European countries, where dry soups and broths... There is still a strong stereotype that...
To reduce the negative impact of substitute products, market operators can be recommended to …
Part 2. Competitive analysis in the market of dry soups and broths
2.1. Major players in the market
Currently, the market for dry soups and broths in India is represented to a greater extent by ... companies. The main market players include such manufacturers as: … In aggregate, the TOP-5 players account for …% of the market of dry soups and broths.
The calculation data of the Herfindahl-Hirschman Index in the industry show that this market belongs to ... markets (concentration in the market ...).
2.2. Market shares of the largest competitors
As of 2020, … in India is …, occupying …% of the market. The second place is occupied by the company … – …%. The third line is occupied by the products of … (…%). The Company's products … Other companies account for …% of the market for dry soups and broths.
Chart 13. Shares of the largest competitors in the dry soups and broths market in India in 2020, in
2.3. Profiles of major players
Part 3. Analysis of the production of dry soups and broths
3.1. Volume and dynamics of domestic production of dry soups and broths
During 2016-2019, according to Rosstat, the production of dry soups and broths in India ... So in 2018 and 2019. the volume of production …%, and in 2020 it was noted ... At the beginning of 2020 it was observed ... People began to buy more often ... In this regard, in 2020 the volume of production of the studied products …% to … thousand. t. …
Estimating the total revenue of market leaders is made difficult by the fact that market operators provide …
3.2. Share of exports in the production of dry soups and broths
...
3.3. Segmentation of production of dry soups and broths by regions
3.3.1. Production by Union Territories
In terms of federal districts, the largest volume of production falls on … the Union Territories, where in 2020 … thousand tons of dry soups and broths were produced. This is followed by … Union Territories – … thousand tons, respectively. Together, these federal districts accounted for about …% of the total production of dry soups and broths.
It should be noted that at the same time, in 2020, the highest growth rates of production volumes were noted in … Union Territories, where production increased more than … tons. Also in 2020, in …
3.3.2. Production by states of India
The TOP-5 regions producing these products also include … oblast(…%), ... Other regions account for only … production of dry soups and broths in India.
Part 4. Analysis of foreign trade supplies of dry soups and broths
4.1. Volume and dynamics of imports of dry soups and broths
Imports in the market … take … share.
In 2016, the volume of imports of dry soups and broths to India was at the level of … t. In 2017, a significant … t was noted. In 2018, the growth rate of imports of the studied products …%. In 2019, the volume of imports of dry soups and broths …% to … tons. At the end of 2020, imports of dry soups and broths to India increased … tons.
Diagram 18. Volume and dynamics of imports of dry soups and broths in physical terms, 2016-2020, tons
...
Thus, in 2017 and 2018, …% and …% were noted, respectively. And in 2019 - ... At the end of 2020, dry soups and broths were imported to India in the amount of ... million dollars, which is ...% ... than in 2019.
4.2. Import structure
… the leader is …, the share of imports of which in 2020 amounted to …%. In second place is ... with a share of ...% in 2020. The top five in 2020 also includes ... In total, the TOP-10 importing countries in 2020 accounted for about ...% of imports of the studied products to India.
4.3. The volume and dynamics of exports of dry soups and broths
The volume of exports of dry soups and broths from India in monetary terms in 2016-2019 showed ... dynamics. After … production in … by …%, a sharp ..% followed. At the end of 2020, the volume of exports in value terms was in the state of … million dollars.
The dynamics of exports of dry soups and broths from India in physical terms is identical... At the end of 2020, the volume of exports amounted to … thousand tons, which is by …% … than in 2017, when it was noted …
The balance of exports and imports in the market of dry soups and broths in 2016-2017 was …, but since 2018 it has moved to … (exceeding volumes of …). Thus, the volume of dry soups and broths imported from abroad ...
Diagram 23. Balance of exports and imports, i.e.
4.4. Export structure
The main exporting countries in 2020 were … – …% and … – …%. The TOP-5 exporting countries also included ...
Part 5. Analysis of the consumption of dry soups and broths
5.1. Dynamics of consumption of dry soups and broths
During 2016-2020 The dynamics of consumption of dry soups and broths in physical terms was ... The maximum volume of consumption in the study period was recorded in 2017, when ... thousand tons were sold. dry soups and broths. In 2018-2019, consumption ... The reduction in consumption in physical terms was caused by ... In 2020, due to the current situation in the country and in the world as a whole, ... thousand tons, which is by ...% ... than in 2019 G.
5.2. Analysis of the results of tenders for the purchase
Since the beginning of 2021, only 7 tenders have been announced for the purchase of dry soups and broths worth from 1,6 thousand Rs. up to 74,8 million Rs. At the same time, the organizers of procurement through a tender are mainly state organizations, whose share is 71,4% of the total number of such tenders for the purchase of researched products. In turn, only 28,6% of purchases are commercial tenders.
Table 8. Data on tenders for the purchase of dry soups and broths announced from 01.01.21 to 12.04.21
Part 6. Price Analysis
6.1. Average producer prices by union territories
In general, in India in 2020, the average prices for products of producers of dry soups and broths … by …% relative to 2019. Next, we will consider the cost of products of manufacturers …
The average price of producers of dry soups and broths in India in 2020 amounted to … thousand Rs./t. The highest price was noted in … the Union Territories (… thousand Rs./t.), the lowest – in ..
6.2. Average consumer prices by states in India
The average consumer price for 1 package of dry soup in India in 2020 amounted to … Rs., … only by …% compared to 2019. Over the study period, the average cost in India increased by …%.
The highest price for these products takes place in … (… Rs./pack, which is … times higher than the average price for India as a whole), … (… Rs./pack, which is in …), …
The minimum price for dry soup is fixed at …, where the cost is … Rs., which is …% below the average price for India as a whole, and also …
At the same time, the maximum price increase in 2020 was noted in … – by …%, the Republic of …%, the Republic of …%. At the same time, 17 states noted ...
Part 7. Assessment of factors of investment attractiveness of the market
… factors of the investment climate in the market of dry soups and broths dominate over… A comprehensive assessment of investment attractiveness factors is … points – … investment climate.
The most significant positive factors. …
The most significant negative factors. …
Part 8. Market forecast for dry soups and broths until 2025
...
Part 9. Recommendations and conclusions
...
Diagrams
Diagram 1. The ratio of imported and domestic products in the market of dry soups and broths,%
Diagram 2. Dynamics of the market volume of dry soups and broths, 2016 - 2020, million Rs.
Diagram 3. Revenue (net) from the sale of dry soups and broths by union territories for 2016-2020, %
Diagram 4. Dynamics of the population of India, as of January 1, 2015-2021, million people, thousand people
Diagram 5. Population forecast in India for the period 2021-2024, million people
Chart 6. Dynamics of real incomes of the population of India, 2015-2020
Chart 7. Dynamics of India's GDP, 2015-2020 (Q1-Q3),% of the previous year, trillion Rs.
Chart 8. Monthly dynamics of the US dollar against the rupee, 2016-March 2021, Rs. for 1 US dollar
Chart 9. Dynamics of the inflation rate in India, 2016-2021 (March), %
Chart 10. Dynamics of growth in electricity prices in India, 2016-2020
Diagram 11. Dynamics of the average interest rate on loans, 2015-2020, %
Figure 12. Product life cycle
Diagram 13. Shares of the largest competitors in the market of dry soups and broths in India in 2020, in %
Diagram 14. Dynamics of production volumes of dry soups and broths in India for 2016-2020, t.
Diagram 15. Dynamics of the total revenue of the largest producers (TOP-5) of dry soups and broths in India, 2016-2020
Diagram 16. The share of exports in the production of dry soups and broths for 2016-2020,%
Chart 17. Production of dry soups and broths by states of India, 2020, %
Diagram 18. Volume and dynamics of imports of dry soups and broths in physical terms, 2016-2020, t.
Diagram 19. Volume and dynamics of imports of dry soups and broths in monetary terms, 2016-2020, thousand dollars
Chart 20. Structure of imports of dry broths and soups by country, 2020
Diagram 21. The volume and dynamics of exports of dry soups and broths in monetary terms, 2016-2020, thousand dollars
Diagram 22. The volume and dynamics of exports of dry soups and broths in physical terms, 2016-2020, tons
Diagram 23. Balance of exports and imports, i.e.
Chart 24. Export structure of dry broths and soups by country, 2020
Diagram 25. Dynamics of consumption of dry soups and broths in physical terms, 2016-2020, t.
Diagram 26. Forecast of the market volume of dry soups and broths in 2021 - 2025, million Rs.
Tables
Table 1. Industrial production index by state of India (in % of the previous year), 2015 - 2020
Table 2. Average weighted interest rates of credit institutions on credit operations in rupees, excluding PJSC Sberbank (% per annum), 2015-2020 (Oct.)
Table 3. List of sectors of the Indian economy most affected by the deterioration of the situation as a result of the spread of a new coronavirus infection (as of October 16, 2020)
Table 4. STEP analysis of factors affecting dry soups and broths market
Table 5. Major Companies in India's Dry Soups and Bouillons Market in 2020
Table 6. Profiles of companies participating in the market of dry soups and broths in 2020
Table 7. Dynamics of the production of dry soups and broths in India by union territories, 2016-2020, vol.
Table 8. Data on tenders for the purchase of dry soups and broths announced from 01.01.21 to 12.04.21
Table 9. Average producer prices in the market of dry soups and broths across the Union Territories, 2017-2021, thousand Rs./t.
Table 10. Average consumer prices in the market of dry soups and broths by states of India, 2019-2020, Rs./conv.
Table 11. Factors of investment attractiveness of the market of dry soups and broths
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