Indian Wine Market Poised For Robust Growth, Says RNCOS

Noida, India (PressExposure) January 08, 2010 -- RNCOS, the global market research leader, has conceptually analyzed the Indian food and drink industry prospects in its latest research offering, “Indian Food and Drinks Market: Emerging Opportunities”. Industry statistics and extensive analysis of all important market segments together demonstrated a dynamic market with strong future growth potential inherent. The market has shown enduring resilience against recession and has remained almost immune from its negative impacts.

We have thoroughly researched the Indian food and drink industry and identified decisive market trends shaping the industry’s current and future growth prospects. As discussed in report, most wines consumed in the country are locally produced, accounting for 75% of the total volume. We expect this trend to continue in our forecast period also which will result in rapid developments both on consumption and production front.

Further, the report found that apart from alcoholic drinks, the food segment is also growing fast in the country. On the basis of encouraging market trends and government’s positive response towards the industry, all market sub-segments, such as snack foods, packaged foods, organic foods, etc. are forecast to register impressive double digit growth in the coming years.

Along with the growing food and beverage industry, the vertical market segments are also developing very fast. For example, food-processing industry is expected to experience exciting growth in coming years, duly supported by various decisive factors evaluated extensively in the report.

Our report, “Indian Food and Drinks Market: Emerging Opportunities”, provides unmatched market analysis and cutting edge market intelligence of the Indian food and drinks industry. The report provides qualitative as well as quantitative analysis of ongoing as well as future market trends for all prominent market segments such as Milk, Meat, Fruits, Confectionery, Tea, Alcoholic drinks, etc. and projects on emerging growth areas including, snack food, organic food, food service industry, wine market, bottled water market, etc. A complete competitive landscape analysis has also been included in the report to facilitate an overall market understanding.

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About RNCOS E-Services Pvt. Ltd.

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

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Press Release Submitted On: January 08, 2010 at 1:13 am
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