F&B

Expecting a CAGR of 20.6 percent and setting a target of reaching US$ 103.7 billion by 2020, the Indian fast moving consumer goods market is all set to concorde its way to glory.

Retailer demand improved this quarter after a quite end to last year after a quiet end last year. Major cities continued to see aggressive expansion by the F&B sector.

Lately, M&A deals have become the flavour of the season as we have seen an increasing number of such deals happening in the retail industry. And keeping pace with the larger retail industry, F&B retail has also seen some developments in this area.

India's food market size which is at around Rs 23 trillion in 2014 is set to reach around Rs 42 trillion by 2020, along with a three-time increase in average household income.

Indian snack market has always been known to surprise and delight its consumers with innovative and great tasting offerings.

Food & Beverages tier II players are rising fast and are expected to control 40 per cent of the FMCG segment by 2019, as cited in a study by rating agency Crisil, says a PTI report.

Foreign tourist feel Indian street food is safer than the food served in restaurants

Having recently acquired an Indian deal-of-the-day website and also other acquisitions under the Groupon name, the world famous player has paved the way for many such similar initiatives taking place across the globe.