Rising Popularity of Fast Food Driving Indian Cheese Industry

Indian cheese market is anticipated to grow at a CAGR of around 17.6% with rising popularity of fast food during the forecast period of 2015-2020, says RNCOS.


Noida, UP -- (SBWIRE) -- 07/15/2015 -- Fast food is one of the fastest growing food type in the world. India is witnessing rapid growth in its fast food segment which now accounts for majority of all restaurant revenues in the country and continues to expand. The eating habit of Indian people is radically changing based on rising disposable income, dynamic consumer behavior and favorable demographics. As cheese is an essential ingredient for fast food like pizza, pasta, sandwich, burger, etc. the growing demand for fast food is driving the whole Indian cheese market with a CAGR of around 17.6% during the forecast period of 2015-2020.

According to our latest research study, "Indian Cheese Market Outlook 2020", the foray of multinational fast food retailers into India has impacted the taste buds of Indian consumers significantly. Instant food is scoring over traditional food due to influence of Western countries, subsequent rise in standard of living, convenience, etc. As a result, fast food menus are gaining wider acceptance from the Indian consumers. Additionally, exposure to western cuisine, rising number of nuclear families and growth in the number of employed women are making the ready to eat fast food segment highly attractive to Indian consumers. As the demand for fast food is experiencing gigantic growth, it is likely to drive the cheese market in India a lot faster in near future.

The report "Indian Cheese Market Outlook 2020", by RNCOS spread over 50 pages provides an in-depth research and rational analysis of the current status and future growth prospects of the cheese market in India. Our research includes detailed study on the Indian cheese market by type, by region, by end user. Besides that, the report exhibits the emerging trends and drivers in the country which are boosting the growth of cheese market.

The report further provides a detailed description of trade scenario of cheese in India along with the analysis of type of cheese and by country export and import. A regulatory framework has been provided in the report for a better understanding of government rules associated with cheese production and cheese import in India. Through the section of regional analysis we have tried to provide the insight of current market scenario in different regions of the country. Additionally, we have also covered the key players section which gives a proper understanding to our customers about the existing competition in the cheese market. As a whole, the report represents a comprehensive outlook of the sector's past, present, and future scenario.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM749.htm

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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.