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Outlook on the Fruit and Vegetable Processing Industry in India to 2024 – Featuring Dabur India, ITC & Freshtrop Fruits Among Others – ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Fruit and Vegetable Processing Industry in India 2020" report has been added to ResearchAndMarkets.com's offering.

India is the world's second-largest producer of fruits and vegetables. To reduce wastage of fresh fruits and vegetables, and to add value to them, processes like canning, dehydration, pickling, provisional preservation and bottling have been introduced. However, percentage of processing of fruits and vegetables is currently less than 3% as compared to countries like China (23%), the United States (65%) and Philippines (78%).

In FY 2019, ~8.31 Mn tons of fruits and vegetables were processed in India, which is expected to reach 16.39 Mn tons by 2024, expanding at a CAGR of ~14.84% during the FY 2020-FY 2024 period.

The Indian fruit and vegetable processing industry experiences a conducive growth environment, owing to the abundant supply of raw materials and favorable government policies like Pradhan Mantri Kisan Sampada Yojana (PMKSY). Rising consumer affordability and rapid urbanization resulted in lifestyle changes, following which the preference for processed fruits and vegetables increased substantially.

Nevertheless, several factors like the lack of required infrastructure, and higher cost of processed fruits and vegetables are the major hurdle to the growth of the industry.

The industry is witnessing an increased application of innovative technology to increase productivity. Artificial intelligence (AI) is being implemented to examine fresh fruits and vegetables for defects, and accurately predict the exact date of decay. Nanotechnology is aiding in maintaining the freshness of perishables. Furthermore, grading robots are used to evaluate the quality of the produce to minimize manual errors. Cold plasma, high-pressure processing, irradiation and radio frequency identification (RFID) are technologies that are mostly used in the fruit and vegetable industry in India.

Companies covered:

  • Dabur India Limited
  • ITC Limited
  • Freshtrop Fruits Limited
  • Hindustan Unilever Limited
  • Tai Industries Limited
  • Capricorn Food Products India Limited
  • Cremica Food Industries Limited
  • Fieldfresh Foods Private Limited
  • Mother Dairy Fruit Vegetable Private Limited
  • Shimla Hills Offerings Private Limited

Key Topics Covered:

1. Executive summary

2. Socio-economic indicators

3. Introduction

3.1. Market definition and structure

4. Market overview

4.1. Fragrance products market in India - overview

4.1.1. Market size and growth forecast (2019-2024e)

4.1.2. Current market scenario

5. Market segmentation

5.1. Fragrance products market share (%) based on type (2019 and 2024e)

5.1.1. Perfumes market size and growth forecast (2019-2024e)

5.1.1.1. Perfumes market segmentation - premium vs mass (2019)

5.1.2. Deodorant market size and growth forecast (2019-2024e)

5.1.3. Brand-wise segmentation of the fragrance market (2019)

6. Trade analysis

6.1. Export

6.2. Import

7. Market influencers

7.1. Growth drivers of the market

7.2. Deterrents to the growth of the market

8. Market trends

9. Competitive landscape

9.1. Competitive Benchmarking - male/female brands, price range, number of manufacturing plants

9.2. Emami Limited

9.3. Hindustan Unilever Limited

9.4. ITC Limited

9.5. Marico Limited

9.6. Avon India Limited

9.7. CavinKare Private Limited

9.8. J.K. Helene Curtis Limited

9.9. McEnroe Consumer Private Limited

9.10. Nivea India Private Limited

9.11. Vini Cosmetics Private Limited

Chapter 10: Product launches

Chapter 11: Appendix

11.1. Research methodology

11.2. About the Publisher

11.3. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/r/xnnxx2

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