Indian Fast Food Sector is growing at 25-30% annually. Presently, the core food service Indian market is 3600 Crores and the share of quick service restaurants’ is Rs. 2500.00 Crores.
Potato Flakes are among the highest saleable potato products. Potato Flakes on menu is one of the easiest ways to increase sales and profits for the companies.
Indian Processed Food Industry is a high priority sector and is poised for excellent growth in coming years. Industry is expected to touch US$ 192 billion by 2015 according to Indian Council for Agricultural Research (ICAR).
Value addition is only to the tune of 20% Food processing sector contribute about 14% of manufacturing Gross Domestic Product. (According to the National Manufacturing Competitive Council (NMCC). Out of which 70% through unorganized market in production terms and 50% in value terms.
About 14% of manufacturing Gross Domestic Product. (According to the National Manufacturing Competitive Council (NMCC). Out of which 70% through unorganized market in production terms and 50% in value terms.
Total Demand of Potato Flakes to be estimated at 15000 Mt. at present and will further grow @ 15-20% p.a.
Total import of potato flakes by neighbouring countries is estimated 16000.00 Mt. (Source Trademap.org)