Taj Frozen Foods India Ltd. (TFFIL)’s Post

Indian Packaged Food Industry Analysis # The Indian packaged food industry was valued at INR 2,97,200 Cr in 2018 and stands at INR 4,62,200 Cr in 2023E. The segment is expected to register a CAGR of 10% from 2023E to 2027F and would reach a market value of INR 6,76,700 Cr by 2027F. # Dairy products, along with snacks and sweets collectively contribute to ~71% of the overall packaged food segment, followed by Biscuits and Snack bars, holding ~15% of the overall market share. # The unorganized sector dominates the industry, accounting for a market share of ~81% in FY 2023E. # The top 25 cities contribute approximately 10% of the revenue of the packaged food industry # Mumbai, Delhi and Kolkata are the top 3 cities, with revenues of 6063 Cr, 5371 Cr, and 4646 Cr, respectively # Nuclearization & Urbanization, Shift in Consumption Patterns, Economic Growth, E Retailing and Rising Smartphone Penetration, and Convenient Format are the key drivers of the Indian packaged food industry #Marketinsights #Fmcg #Indianeconomy #PackagedFoodIndustry #MarketTrends #MarketPotential #MarketDrivers

Being in Mumbai is chicken soup for my soul. On my last trip to the city, I tried to make the most of my short visit by meeting my competitor-turned-friend, Deepali. Like the excellent host she is, she treated me to General Mills India's latest innovation, Pillsbury Chicken Momos. Honestly, at first, I was a bit taken aback by the choice of the product launch by the company. But then my brain rationalized the launch. Pillsbury sells Atta, refines it further to make Maida, and that refined flour is used in making Momos. Simple forward integration of the product category. And also, of course, because the momo category in Frozen foods is on fire lately. One problem though. Pillsbury doesn't retail Maida. Neither do two of the other three biggies in the branded Atta category: ITC Limited and Cargill. Only Adani Wilmar Limited is an exception. I am certain a very sizeable number of Indian households, especially in the North, would have both Atta and Maida at home. The quantities would be poles apart though. The consumption divide is evident: while Atta might be between 5-10 kg, Maida won’t be more than 1 kg. While whole-wheat is a staple at home, Maida has disproportionately more usage in the industry. Bread has Maida, snacks have Maida, confectionery has Maida; and HoReCa—are you even a North Indian restaurant if you don't have at least five varieties of Naan on the menu? The more I thought, the more I realized that, for most Indians, Atta is 𝘨𝘩𝘢𝘳 𝘬𝘦 𝘭𝘪𝘺𝘦 and Maida 𝘣𝘢𝘢𝘩𝘢𝘳 𝘬𝘦 𝘭𝘪𝘺𝘦. This is reflected rather poetically when one notices Pillsbury has Maida products as part of its institutional Bakery and Food Services division. I doubt there is any other commodity whose processed form gets consumed at such a large scale. It reminds me of what YN Harari mentioned in Sapiens: "We did not domesticate wheat. It domesticated us." #FMCG #Staples

30 days back we took a big bet and launched PROTIROTI™️ our 100% plant based protein range of rolls. Over the last one month we have received amazing feedback and kudos from our users and tremendous support from the plant protein based fraternity on making plant based protein a centrepiece of our menu and not a side dish. We had a choice to launch 100% plant protein food as another flavour but took a call to create a new category as we believed that the food we were serving is really tasty and nutritious. Our partner GoodDot led by Abhinav Sinha and Abhishek Sinha have created an amazing blend of 100% plant protein based food which gave us the confidence to take this big bet. People love the ProtiRoti range of rolls and this has already helped us expand our consumer base and drive reappraisal of our brand TibbsFrankie®️ (Tibbs Foods Private Limited). The bet seems to be paying off. Fingers crossed 🤞 ProtiRoti is currently available in Mumbai/Thane/Navi Mumbai and we will soon be rolling in Hyderabad/ Chennai/ Delhi/ Gurgaon/ Noida. Go ahead and do try it if you have yet not tasted the tasty ProtiRoti that provides 25% protein RDA in every roll. You will love it 😊 #taste #rolls #plantprotein #foodinnovation #foodmarketing

Sometimes my countrymen leave me disgusted… Recently, the police seized over 15,000 kgs of adulterated spices from 2 manufacturing units in Delhi. They were making these fake spices and supplying them to retailers under various local brand names. A similar scam was uncovered in Gujarat where 60,000 kgs of adulterated spices were seized!! So every time you think you’re using healthy, nutritious spices, you might be poisoning your family with rotten rice, wooden dust, colored chemicals and a lot more… ☠ To lower costs, businesses often resort to risking the lives of our countrymen. And, this is the real face of GREED. Tragically, this is happening not just in spices but in the entire F&B industry, with >22% of the food being adulterated. As young Indians, we need to dedicate ourselves to bringing purity and authenticity to our food. This is the exact mission I have undertaken with ZOFF - one pinch at a time. 👌 How do you feel when you come across some news like this? #india #fmcg #foodandbeverage #healthandwellness #spices

Bikanervala Foods Ltd will not increase the prices of sweets as of now and has decided to absorb the hike in rates of milk by leading suppliers Amul and Mother Dairy. Bikanervala Foods Pvt. Ltd. | Manish Aggarwal Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

Indians love their Sauces, Spreads & Dressings! And the same has taken this category to a whooping 8cr+ monthly sales on Blinkit. But how have Brands fared in this? - Kissan & Veeba are overall leaders with approx. 15% market share each - Nutella with only chocolate spreads offering is able to garner 12% market share - MasterChow with their unique Chinese offerings have taken them to #4 spot with 11% market share - Amul India is dominating and marking its presence in mid-premium (Rs 31-Rs 70) segment - Maggi continues to have strong organic presence with highest organic visibility on Blinkit Any guesses for the City’s Favorites? While Tops top the Delhi NCR, Veeba has conquered, Mumbai, Bengaluru & Rest of India   Detailed report below Veeba Nutellapp MasterChow Dr. Oetker India Del Monte Foods Private Limited Tops (G.D. Foods Mfg. (India) Pvt. Ltd.) #FriendsWithData #Saucesandspreads #ConsumerPreference #DataIntelligence #Ecommerce #QuickCommerce

Key essentials such as milk, rice, soap, detergent, turmeric and red chilli powder saw their prices increase by 10 - 20 per cent in the last year, revealed a survey by Kirana Club shared exclusively to ETRetail. The survey featured Kirana owners from Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Maharashtra and Chhattisgarh. The price corrections have been tracked from January 2023 to 2024. Story by:- Pallavi Goel #retail #retailnews #latestnews #FMCG #KiranaClub #foodinflation #Survey #Kantarreport

Meet Akashdeep Dan and Sundeep Singh from Kolkata. They are the co-founders of Uncle Peter's Pancakes, which they started in 2019. Their goal is to bring high-quality, international-style pancakes to Indian households. To cater to the diverse tastes of the Indian market, their restaurant offers over 15 different types of pancakes. These include stack pancakes, filled pancakes, lava pancakes, and corn pancakes. They also have classic pancakes, as well as healthy, gluten-free, and vegan options. All their pancakes are made with the freshest and highest-quality ingredients, ensuring a premium taste even without using eggs. Uncle Peter's Pancakes has grown a lot since it started. They now have more than 40 outlets in 15 cities. These include 12 cloud kitchens, 25 quick-service restaurants (QSRs), and 3 kiosks. They plan to open more quick-service restaurants in other big cities. Out of these 40 outlets, 5 are owned by the company and 35 are owned by franchisees. When Akashdeep and Sundeep were looking for investment, they asked for 60 lakh rupees in exchange for 2% of their company. They were successful in securing an investment from some big names in the business world. Anupam Mittal, the CEO of Shaadi.com, Vineeta Singh, the CEO and co-founder of Sugar Cosmetics, and Namita Thapar, the CEO of Emcure Pharmaceuticals, all decided to invest in Uncle Peter's Pancakes. The final deal they got was 60 lakh rupees for 3% equity in the company, plus a 3% royalty until 1.2 crores is paid back. This investment will help Uncle Peter's Pancakes expand even more and bring their delicious pancakes to even more people. #premiumtaste #pancakevariety #expansionplans #investmentsuccess #deliciouspancakes #sharktank #indianpancakes 

Individual portion packing material / container - Requirement of a food chain solution Our client, situated in Nagpur, is running a hotel and a few food and beverage outlets. We intend to operate on a hub and spoke model, wherein the menu items will be prepared FULLY at the central kitchen, blast frozen, packed in individual portion container, transported to outlets (within a travel distance of one hour), and stocked in chillers. Each portion to be taken out upon receiving an order, regenerated, and served in open condition for dine-in, and in packed condition for take-away. This is the operations model. Number of menu items: About 20, include India cuisine comprising of semi-gravy and gravy items in vegetables, paneer, chicken, mutton, and dals.  Estimated number of servings per day: about 1000 (one thousand) initially, to be stepped up gradually. Additionally, about 1200 kathi rolls, in about 10 varieties are being currently sold through three different outlets, and we are looking forward to scale up to 3000 rolls per day. Requirement: Appropriate individual portion packing material / container, which will withstand receiving the food item in frozen or ambient temperature, can withstand stacking in chiller, and then withstand the regeneration, all through retaining the food item intact without any loss of consistency, flavor, moisture or any other parameter. We have tried out through blast chiller, blast freezer, combi oven and speed oven, and have near total requirements met, but loss in consistency and sogginess in the final product. We are looking for a practical solution based on our requirement and scale. Suppliers \ packaging experts may mail their solutions to hotelconsultant@rediffmail.com or vp@synergyexposures.com  #Foodgrade #PackingMaterial #Container #FoodIndustry #FoodService #FoodServiceIndustry #CentralKitchen #Source #Packaging #FoodPackaging #Procurement #Sourcing #SupplyChain #Matchmaking

'I am hungry . Let's get out of the next metro station and find some place to eat. 'Why go outside the metro station? , we have so many options inside the metro station to eat. Yes, now there are numerous food joints within the metro station for a quick bite : ♣︎ WHSmith: The British bookstore giant surprisingly whips up a storm with sandwiches, salads, and snacks. Revenue whispers suggest they lead the pack, raking in an estimated ₹10 crore monthly across their Delhi Metro outposts. ♣︎METRO AG (Metro Food Plaza):Craving variety? This self-service joint sizzles with Indian and international dishes, pulling in a respectable ₹7 crore per month. ♣︎HPMC:These humble kiosks by Haryana Poultry Marketing Corporation are surprisingly clucking good. Their samosas, rolls, and chaats gobble up an estimated ₹5 crore monthly. Other Notable mentions : ♣︎METRO Wholesale India (Food on the Go) ♣︎Mother Dairy Fruit & Vegetable Pvt. Ltd. (Safal- Mother Diary) Have you tried any of these? Which ones did you find the best? #india #innovation #food #metro