by: Shushmul Maheshwari
India has emerged as one of the biggest and most attractive water markets in the
world. Today, the size of the bottled water category has become extremely large,
making it highly competitive. According to our latest research “India Food and
Drinks Market: Emerging Opportunities”, sales of bottled water had grown at a
CAGR of around 20.5% and more than 21% in volume and value terms respectively
during 2004-2008. Various factors such as unavailability of clean water, rising
health concerns and changing lifestyles of young Indian population have been
particularly adding to the growth of bottled water market in India.
In our research, we have identified that bottled water industry is one of the
most thriving sectors in India owing to the low per capita consumption, which is
estimated at around 6 Liters per year. “Attracted by the huge potential that
India's vast middle class offers, multinational players have been trying to
capture this rapidly growing market”, says a Sr. Analyst at RNCOS. Driven by
these factors, our research foresees the Indian bottled water market to grow by
20%-22% annually (in value terms) during the coming few years. Furthermore,
growing at faster rates, the market will soon be the largest segment in the soft
drinks market, outstripping even carbonated drinks.
Resultantly, the volume sale of bottled water in India is forecasted to exceed
7440 Million Liters by the end of 2013, translating into a market worth more
than US$ 1.5 Billion. However, the category is still largely commoditized and
price-sensitive.
Our report provides in-depth research and rational analysis on the food and
drinks market in India. It provides detailed overview of the consumption
patterns of Indians in various food segments, like milk, fruits, vegetables,
meat, etc. The beverage segment talks about the type of beverages, their sales
and consumption patterns, among the Indian populace. Report also provides
forecast on all the industry segments with due consideration to the impact of
global economic slowdown. The report is aimed to help clients analyze the
potential growth areas, challenges and drivers critical for the Indian food and
drinks industry.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM141.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
About The Author
About RNCOS:
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.
Source :
http://www.articlecity.com/articles/business_and_finance/article_11541.shtml
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Indian Bottled
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