Food and Beverage
F&B - the Industry with Universal Appeal
If there is one industry that has the entire population as a consumer, it is Food & Beverage. No wonder the market size for food in India, which was at Rs 23 lakh crore in 2014, is set to reach Rs 42 lakh crore by 2020, according to the Boston Consulting Group. As for beverages, India Food Report 2016 estimates the size of the Indian beverage market at a whopping Rs.195,000 crore.
The product range of Beverage Manufacturers comprises beverages with different health and nutritional value, flavors, colors and ingredients. The Beverages market includes energy drinks and fruit juices such as orange juice, along with soft drinks, packaged water and carbonated water. Those who prefer natural mineral water that is naturally carbonated opt for sparkling water from exclusive brands of Soft Drink Manufacturers.
According to a recent Nielsen report, over 1.25 billion people in India gulp down more than 5.9 billon litres of soft drinks in a year, indicating a significant per capita consumption. The highest share of consumption is by carbonated soft drinks, followed by non-carbonated mango-flavoured drinks.
The food sector in India has emerged as a high-growth and high-profit sector due to its immense potential for value addition, particularly within the Food Processing Industry. The food industry in India is expected to grow at a Compounded Annual Growth Rate of 11 per cent to US$ 65.4 billion by 2018, according to India Brand Equity Foundation.
Tammy Trade, India’s fastest growing B2B e-marketplace, invites Food Suppliers and Beverage Manufacturers to register on the platform as Verified Sellers. This will open the door to a truly national market and help initiate enquiries from Genuine Buyers who are registered with us. As an end to end e-marketplace, Tammy Trade supports order placement and transaction fulfilment at every stage, from featuring your product range online to price negotiation and cashless payment. You can also benefit from our Value Added Services, such as logistics support, packaging assistance, quality checks and insurance, offered by our accredited partners.
We look forward to having you as part of the Tammy family. Please call our Relationship Managers on our toll free number 1-800-222-930.