India Branded Food Staple Market to Surge to INR 105,123.34 Crore by 2031, Growing at 10.1% CAGR

WILMINGTON, NEW CASTLE, DELAWARE 19801 USA, UNITED STATES, August 1, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “India Branded Food Staple Market by Product Type, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2022–2031,” The India branded food staple market size was valued at INR 27, 507.94 crore in 2017 and is projected to reach INR 105,123.34 crore by 2031, growing at a CAGR of 10.1% from 2022 to 2031.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲: https://www.alliedmarketresearch.com/request-sample/A74857

Drivers of Market Growth

Rise in Affluence and Urbanization

Increasing income levels and urban living standards are boosting demand for branded food staples.

Changing Consumer Preferences

There is a significant shift towards higher quality and safer food options among consumers.

Awareness of Food Safety and Quality

Enhanced knowledge about food safety standards encourages consumers to choose branded staples.

Opportunities in Pesticide-Free Products

Growing Demand for Sustainable Options

The demand for pesticide-free food products is increasing due to environmental concerns and sustainable agricultural practices.

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐭𝐡𝐞 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/checkout-final/6e4712d6aa01a6a47e6abe704ebf2913

Government Initiatives

Indian government programs promoting organic farming are creating a favorable regulatory environment for pesticide-free branded food staples.

Consumer Trends

With rising affluence and changing preferences, pesticide-free branded staples are perceived as premium, safe, and high-quality options.

Expansion of Sales Channels

Online Retail

Growth: Fastest-growing distribution channel.

Benefits: Offers convenience, product variety, and price comparisons, leading to increased online shopping for food staples.

Internet Penetration

Data (September 2020): 776.45 million internet users and 726.32 million broadband connections.

Impact: Supports the expansion of online retail.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.alliedmarketresearch.com/purchase-enquiry/A74857

Convenience Stores and Local Shops

Increased availability of branded food staples in local stores is contributing to market growth.

Market Segmentation

By Product Type

Grains

Pulses: Projected to have the highest CAGR of 13.0%

Spices

Value-added Products

Others

By Distribution Channel

B2B: Expected to grow significantly

B2C

Competitive Landscape

Key Players

• Green Agrevolution Pvt. Ltd. (DeHaat)

• Sresta Natural Bioproducts Pvt. Ltd. (24 Mantra)

• Khanal Foods Pvt Ltd. (Himalayan Natives)

• Mangat Ram Dal Mill Pvt. Ltd.

• NatureLand Organic Foods Pvt. Ltd.

• Mehrotra Consumer Products Pvt. Ltd. (Organic Tattva)

• Pro Nature Organic Foods Private Limited

• Victoriafalls Ingredients Pvt. Ltd. (Rajdhani)

• Safe Harvest Private Limited

• Tata Consumer Products Limited (Tata Sampann)

𝐆𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝: https://www.alliedmarketresearch.com/request-for-customization/A74857

Key findings of the study

According to the India branded food staple market analysis, based on product type, the pulses segment is projected to witness the highest CAGR of 13.0%, in terms of revenue, during the forecast period.

According to the India branded food staple market trends, based on distribution channel, the B2B segment is expected to grow at a significant CAGR during the India branded food staple market forecast period.

𝐓𝐨𝐩 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

India Branded Food Staple Market to Surge to INR 105,123.34 Crore by 2031, Growing at 10.1% CAGR

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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