Preview

Food Industry

Powerful Essays
Open Document
Open Document
23267 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Food Industry
A

Detail Study of

Indian Food Processing Industry

[pic]

Submitted By:
Avaneet Dwivedi (Roll No. 09)

Preface

India is the world 's 2nd largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. With India 's food production likely to double in the next decade, there is an opportunity for large investments in food and food processing technologies, skills and equipment, especially in areas of Canning, Dairy and Food Processing, Specialty Processing, Packaging, Frozen Food/Refrigeration and Thermo Processing. Fruits & Vegetables, Fisheries, Milk & Milk Products, Meat & Poultry, Packaged/Convenience Foods, Alcoholic Beverages & Soft Drinks and Grains are important sub-sectors of the food processing industry. Health food and health food supplements are other rapidly rising segments of this industry.

India is the 2nd largest vegetable and 3rd largest fruit producer in the world
India will register the highest increase in rice production in the world over the next 10 years, as per the US Department of Agriculture. India 's annual rice production would increase by 16.3 million tonnes (mt) by 2016, from 91 mt now.
India ranks second only to Japan in inland sector fish production. India produces about 6.57 million metric tonne fish every year.
Spices exports will cross US$ 1 billion in the current financial year and touch US$ 10 billion by 2017, according to V J Kurien, chairman, Spices Board. Of the world 's total annual spice trade of 850,000 tonnes, India accounts for 44 per cent in quantity and 36 per cent in value
India aims at doubling marine exports including that of tuna fish to US$ 4 billion by 2012; 53 per cent of the marine exports comprise of shrimps.
Food Processing

The growth of food processing sector has nearly doubled to 13.7 per cent during the last four years, according to the Minister of State for Food Processing Industries Subodh Kant Sahai, who added that India



References: • 28. Raghuramaiah, B, (2002), Indian Food Regulations in the Global • Context, Beverage & Food World. • 29. Ramaswamy, V.S. and Namakumari, S., (1999), Marketing Management: • Planning, Implementation and Control, New Delhi. • 30. SBP, (2001), SBP Consultants and Engineers Private Limited Food and • Biotechnology for Corporates—New Delhi. • 31. SBP, (2001), SBP Consultants and Engineers Private Limited Handbook • of Food and Agrobased Industries with High Tech Projects—New Delhi. • 32. Shah, Narendra, (1998), Opportunities and Challenges in Agro-based • Industries: Food Processing, Journal of Rural Development. • 33. SIDBI, (1994), Profiles on Food Processing and Agro-based Industries— • Lucknow. • 34. Sivasankar, B, (2002), Food Processing and Preservation—New Delhi: • PHI. • 35. Sohrab, (2002), Adoption of ISO 140001—A New Imperative for Food • Industry: A Practical Implementation Case Study, Beverage & Food • 36. The Amalgamated Press, (2001), Processed Foods and Beverages • Directory 2001–2003—4th ed.—Mumbai. • 37. Vyas, Jaynarayan and Shah, Girish, (1998), Saket Food Processing • Handbook—Ahmedabad: Saket Projects Limited. • 38. World Importers Directory, (1997), Process Food, Food Products, • Vegetables—New Delhi: Centre of Publication • Media Division - FICCI. 2002. FICCI Critical of EU’s New Food Safety Law. • Shiva, Vandana. 2000. Stolen Harvest. Cambridge: South End Press. • USDA. GAIN Report #IN0050. 2000. India Food and Agricultural Import Regulations and Standards Country Report. New Delhi. • Whitman, Deborah. 2000. Cambridge Scientific Abstract: Genetically Modified Foods: Harmful or Helpful? http://www.csa.com/hottopics/gmfood/oview.html Newspaper [pic] Retail sales, 2007, and sales growth of selected food items,2003-2007

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Animal Feed Market India

    • 347 Words
    • 2 Pages

    The Indian feed industry is about 35 years old. It is mainly restricted to dairy and poultry feed manufacturing. The quality standards of Indian feeds are high and up to international levels. Raw materials for feed are adequately available in India. The industry's poultry feed production is about 3.0 million tonnes, which represents only 5 percent of the total potential and feed exports are not very high. The Indian animal feed industry is undergoing a very exciting phase of growth for the next decade.…

    • 347 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The fish production rate in India has witnessed a remarkable growth since 1995-96. The National Program of Developing Fish Seeds, Fish Farmers' Development Agencies and Brackish Water Fish Farmers' Development Agencies have been the major contributors to the growth in fisheries in rural India. A diversified range of fishing methods along with processed fish products have been introduced in the Indian rural market through an Integrated Fisheries Project.…

    • 646 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Fmcg

    • 8782 Words
    • 36 Pages

    First of all I would like to express my gratitude to the respected executives of the Foods B.D. team at Hindustan Unilever(HUL),Andheri for allowing me to work with them for a period of 8 weeks. This has been a wonderful learning experience and has enlightened my knowledge about the Fast Moving Consumer Goods (FMCG) Sector in India, possibly one of the most important for the Indian economy.…

    • 8782 Words
    • 36 Pages
    Good Essays
  • Satisfactory Essays

    Ready to Eat

    • 253 Words
    • 2 Pages

    As per Ministry of Food Processing Industries the market for semi-processed/cooked and ready to eat foods was around Rs 82.9 billion in 2004-05 and is rising rapidly with a growth rate of 20 per cent. With the changing life styles of the Indian middle class and the busy schedules of both the husband and wife in the family the demand for semi-processed cooked/ready to eat food will go up steadily as hired domestic help is also becoming costlier.…

    • 253 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    References: Ministry of Food Processing Industries: Government of India. (2007). Retrieved April 3, 2013, from MOFPI: http://mofpi.nic.in/ContentPage.aspx?CategoryId=199…

    • 3297 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Project on Rice Industry

    • 11235 Words
    • 45 Pages

    Bibliography:  http://www.articlesbase.com/business-opportunities-articles/a-market-study-of-indianbasmati-rice-import-and-opportunities-1233358.html  http://www.thaindian.com/newsportal/business/indian-basmati-set-to-enter-chinamexico_10066425.html  http://www.thehindubusinessline.com/2009/03/23/stories/2009032350250400.htm  http://www.thehindu.com/2009/01/03/stories/2009010351690300.htm  http://www.ltoverseas.com/InvestorRelations/analyst_coverage.aspx  http://www.ltoverseas.com/InvestorRelations/analyst_coverage.aspx  http://www.eurosa.in/index.php?option=com_content&task=view&id=77&Itemid=107  http://business.rediff.com/report/2009/may/12/rice-production-seen-at-record-99-point37-mt-in-08-09.htm  http://www.no-patents-on-seeds.org/index.php? option=com_content&task=view&id=74&Itemid=42  http://www.thehindubusinessline.com/2007/12/28/stories/2007122850980700.htm  http://www.environmentportal.in/node/249077  www.moneycontrol.com/company-facts/ltfoods/history/LTF…

    • 11235 Words
    • 45 Pages
    Good Essays
  • Best Essays

    Mega Food Park

    • 827 Words
    • 18 Pages

    M/s Indus Best Mega Food Park Pvt. Ltd., Raipur, Chhattisgarh M/s Raipur Mega Food Park Ltd., Raipur, Chhattisgarh M/s Anil Mega Food Park Pvt. Ltd., Vadodara, Gujarat Gujarat Agro Infrastructure Mega Food Park , Surat, Gujarat M/s Fanidhar Mega Food Park Ltd. M/s Soma New Towns (P) Ltd., Sirsa, Haryana Continental Warehousing…

    • 827 Words
    • 18 Pages
    Best Essays
  • Satisfactory Essays

    - What is the current size of the meat and poultry product market in India?…

    • 492 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    RTE Foods in India

    • 3269 Words
    • 11 Pages

    MTR, ITC, Bambino, Priya and Kohinoor Foods are the dominant players in the competitive RTE and RTC segments of the market. MTR leads the processed food manufacturers in India with a turnover of US$ 261 million. Its export market accounts for approximately 10% of MTR’s total sales.…

    • 3269 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Food Industry In Turkey

    • 813 Words
    • 3 Pages

    Food and drink sector has an important growth potential though, it has not reached its potential limits on high value-added products in internal markets yet. Pre-packaged foods, processed and ready-made frozen products, soft drinks and bottled waters are considered to have potential for development.…

    • 813 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Shanthi Poultry Analysis

    • 4204 Words
    • 17 Pages

    India ranks top in animal and cattle population. The meat and meat processing industry is still to come up. Some top players in the meat processing industry like Venkateswara Hatcheries, Godrej Agrovet, Vista Processed Food, Al Kabeer, Allanasons etc., with modern state-of-the-art slaughter and processing plants, have changed the entire scenario, making the industry grow at almost 10%. There is a huge scope for expanding exports, especially in buffalo and poultry meat, eggs and dairy products.…

    • 4204 Words
    • 17 Pages
    Better Essays
  • Best Essays

    Market Strategy for Frucor

    • 3488 Words
    • 14 Pages

    References: Business Monitor International. (2011). India Food & Drink Report Q2 2011 [ISSN 1749-2742]. London: Business Monitor International.…

    • 3488 Words
    • 14 Pages
    Best Essays
  • Good Essays

    Health Conscious Consumer

    • 954 Words
    • 4 Pages

    The Tata Strategic Management Group (TSMG), a management consulting firm has estimated the current worth of the health and wellness foods market in India at INR101.5bn and sees it potentially rising at a compounded annual growth rate of 23% to INR550bn, by 2015.…

    • 954 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Rice is the staple food for 65% of the population in India. It is the largest consumed calorie source among the food grains. With a per capita availability of 73.8 kg it meets 31% of the total calorie requirement of the population. India is the second largest producer of rice in the world next to China. The all India area, production, and yield of rice in the year 2001-02 was 44.62 million hectares, 93.08 million tons and 2086 kg/ ha respectively. In India paddy occupies the first place both in area and production. The crop occupies about 37 % of the total cropped area and 44% (2001-02 position) of total production of food grains in India. West Bengal is the leading producer of paddy in the country. It accounts for 16.39% of the total production, and the other leading states are Uttar Pradesh (13.38%), Andhra Pradesh (12.24%), Punjab (9.47%), Orissa (7.68%) and Tamil Nadu (7.38%); the remaining states account for 33.45% of the production. India is also one of the leading exporters of rice in the world market. India's export of rice stood at 23.89 lakh MT in 1997-98. The corresponding value of foreign exchange earned was to the tune of Rs. 3371.00 crore in 1997-98. Indian Basmati Rice has been a favorite among international rice buyers. Following liberalization of international trade after World Trade Agreement, Indian rice will become highly competitive and has been identified as one of the major commodities for export. This provides us with ample opportunity for development of rice based value-added products for earning more foreign exchange. Apart from rice milling, processing of rice bran for oil extraction is also an important agro processing activity for value addition, income and employment generation.…

    • 8301 Words
    • 34 Pages
    Powerful Essays
  • Good Essays

    Indian lifestyle is undergoing a massive socio-economic change, which is also being reflected in food habits. Owing to this fact, India is experiencing a significant growth in the ‘Ready-to-Eat’ Food industry. The Indian ‘Ready-to-Eat’ industry is making a huge progress and Ready-to-eat foods market in India is expected to reach Rs 2900 Cr by 2015.…

    • 692 Words
    • 3 Pages
    Good Essays