RNCOS Research Indian Milk Processing Giant Eyes Japanese Market
Released on = May 4, 2006, 9:51 pm
Press Release Author = RNCOS
Industry = Food & Beverage
Press Release Summary = RNCOS Research: (http://www.rncos.com/Report/FB15.htm) Indian food processing industry stretches its realm to Japanese market, as Amul is all set to make its presence felt in the Japanese food market sooner.
Press Release Body = RNCOS Research: (http://www.rncos.com/Report/FB15.htm) After getting consent from the delegation of Japan\'s Agriculture and Livestock Industry Corp (ALIC), Gujarat Cooperative Milk Marketing Federation (GCMMF), popularly known as Amul, is all set to hit the Japanese market in the times to come. Though, this venture was planned a decade ago, in 1994, but was delayed until the delegation visited GCMMF facilities including the processing units in Gujarat the month of February 2006 and gave its approval over the matter.
As per a recent market report named "Food Processing Market In India (2005)" published by RNCOS, "India has the largest flock of dairy population all over the world, which includes 88Mn buffaloes and 278Mn cattle. Across India, there are around 72,000 village dairy cooperatives. The village dairy co-operative societies are associated with 180 district milk producers' unions, which in turn have 25 state cooperative dairy federations".
"Export of both processed food as well as value-added agricultural produce is likely to grow at a faster pace in the next five years, which will results in profits in bulk for the food processing industry of India". The further suggests, "The milk production of India is expected to grow at an annual growth rate of 5 percent and the production should cross the target of 112Mn tons in the next few years", as per experts.
The major highlights of the report are:
· A comprehensive analysis of the different segments of the food processing industry in India plus the statistics and trends of the industry. · Discussion of the reforms taken up by the government in order to help and support the growth of the food processing industry in India. · Profile of key players in this sector, which includes brief profile, key management profiles, various strategic moves/press coverage of the companies for overall market estimation, trend analysis and so on.
The report is considered to be of value for both the investors as well as industrialists who intend to venture in this sector.
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