India Blended Spices Market by Distribution Channel, Type, and Geography - Forecast and Analysis 2022-2026
Published: Nov 2021 | Pages: 120 | SKU: IRTNTR71532 |
The blended spices market share in India should rise by USD 896.57 million from 2022 to 2026 at a CAGR of 14.27%.
This blended spices market in India research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by distribution channel (supermarket, convenience store, and online), type (garam masala, non-veg masala, chole and channa masala, and others), and geography (India). The India blended spices market report also offers information on several market vendors, including Aachi Group, Everest Spices, ITC Ltd., Mahashian Di Hatti Pvt. Ltd., MTR Foods Pvt. Ltd., Patanjali Ayurved, Pushp Brand (India) Pvt. Ltd., Ramdev Food Products Pvt. Ltd., Suhana, and Tata Consumer Products Ltd. among others.
What will the Blended Spices Market Size In India be in 2022?
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Blended Spices Market In India: Key Drivers and Trends
The rising awareness about health benefits of blended spices is notably driving the blended spices market growth in India , although factors such as fluctuations in prices of blended masala ingredients may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the blended spices market in India. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.
This blended spices market in India analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Who are the Major Blended Spices Market Vendors In India?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Aachi Group
- Everest Spices
- ITC Ltd.
- Mahashian Di Hatti Pvt. Ltd.
- MTR Foods Pvt. Ltd.
- Patanjali Ayurved
- Pushp Brand (India) Pvt. Ltd.
- Ramdev Food Products Pvt. Ltd.
- Suhana
- Tata Consumer Products Ltd.
The vendor landscape of the India blended spices market entails successful business strategies deployed by the vendors. The blended spices market in India is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
What are the Revenue-generating Distribution Channel Segments in the Blended Spices Market In India?
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The blended spices market share growth in India by the supermarket segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2022-2026 and embrace technologies to improve business efficiency.
This report provides an accurate prediction of the contribution of all the segments to the growth of the blended spices market size in India. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.
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Organic Spices market - The market size has the potential to grow by USD 213.26 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.
Blended Spices Market scope In India |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 14.27% |
Market growth 2022-2026 |
$ 896.57 million |
Market structure |
Fragmented |
YoY growth (%) |
12.50 |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Companies profiled |
Aachi Group, Everest Spices, ITC Ltd., Mahashian Di Hatti Pvt. Ltd., MTR Foods Pvt. Ltd., Patanjali Ayurved, Pushp Brand (India) Pvt. Ltd., Ramdev Food Products Pvt. Ltd., Suhana, and Tata Consumer Products Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Factors Covered in this Blended Spices Market In India Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive blended spices market growth in India during the next five years
- Precise estimation of the blended spices market size in India and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the blended spices market across India
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of blended spices market vendors in India
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Supermarket - Market size and forecast 2021-2026
- Convenience store - Market size and forecast 2021-2026
- Online - Market size and forecast 2021-2026
- Market opportunity by Distribution channel
Market Segmentation by Type
- Market segments
- Comparison by Type
- Garam masala - Market size and forecast 2021-2026
- Non-veg masala - Market size and forecast 2021-2026
- Chole and channa masala - Market size and forecast 2021-2026
- Others - Market size and forecast 2021-2026
- Market opportunity by Type
Customer landscape
- Customer landscape
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Aachi Group
- Everest Spices
- ITC Ltd.
- Mahashian Di Hatti Pvt. Ltd.
- MTR Foods Pvt. Ltd.
- Patanjali Ayurved
- Pushp Brand (India) Pvt. Ltd.
- Ramdev Food Products Pvt. Ltd.
- Suhana
- Tata Consumer Products Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
blended spices market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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- Detailed vendors report with competitive landscape
- Covid-19 impact and recovery analysis
- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis