Released on = November 12, 2006, 10:36 pm

Press Release Author = RNCOS

Industry = Food & Beverage

Press Release Summary = Lead by the changing lifestyle of Indians, especially those
living in urban India, Indian Processed Food Industry is seeing a dramatic increase
in the demand for food that’s ready-to-eat and ready-to-cook.

Press Release Body = Rapid transformation in the lifestyle of Indians, particularly
those living in urban India, has resulted in dramatic increase in the demand for
processed food. The main reason why processed food is luring the urban Indians is
the convenience that it offers to cooking, as they don’t need to spend hours
in kitchen to get that appetizing food. Growth in working women’s population
and prevalence of nuclear families with double income are other trends causing this
change in the lifestyle of Indians.

Also, increase in overseas travel and the presence of foreign media in the country
has resulted in more Indians opting for processed food. For instance, in 2005, above
5Million Indians had traveled abroad and the number is likely to rise by 15% to 20%
every year.

These trends have largely impacted the Indian food-processing sector, as
there’s been a jump in the demand for processed, ready-to-eat and
ready-to-cook food. Amount of money spent by Indian on foods outside home has been
assessed to have more than doubled over the last ten years to nearly $5Billion a
year. Also, it’s likely to double in the five years to come. These trends
entail significant growth potential for the food processing industry in future and,
as a result, add to the attractiveness of investment in this sector.

RNCOS has recently published a report “Indian Food Processing (2006)”.
According to this report, “During the past five years, average monthly income
has increased almost by 43 percent and disposable income of individuals has
increased nearly to 45 percent. This growth in income will help the India processed
food industry to boost further.”

In its report on Food processing industry in India, RNCOS has analyzed the following
key issues and facts:

- Performance of the Indian food processing industry.
- Driving force and challenges for Indian food industry.
- Key players in this sector.
- Future prospect of the Indian food processing industry.

About the Report:

A must read for business analysts, researchers, consultants and individuals
who’re closely monitoring the developments of Indian food processing industry,
the report provides research and objective analysis on the Food Processing Industry
in India. It helps clients to analyze the opportunities critical to the success of
the food Processing Industry in India.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

For more information visit: http://www.rncos.com/Report/IM068.htm

Current Industry News: http://www.rncos.com/blog


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com