Foods which have been developed so that they may be fed on as is, with none extra cooking, are ready to eat meals. Ready to eat meals may be refrigerated, shelf-stable, require minimum heating or are served hot. Ready to eat meals have specific pointers to make sure that there may be no infection or threat of microorganisms forming after the meals have already been organized. On top of it, Ready to eat meals are easily available, can be eaten anywhere around the globe and require no additional work to prepare .
For the last few years ,the demand for ready to eat meals has significantly risen , so has the supply . Fast paced countries like Northern America consume the maximum quantity of ready to eat meals in the world.
In India, many international and home grown companies are trying their hands on making ready to eat meals as per Indian taste , on such notes ITC has a separate line of foods devoted to ready to eat meals including butter chicken and what not. MTR is also known for their ready to eat meals that contain their famous 3-minute breakfast range.
McCain Foods India Pvt Ltd., MTR Foods Pvt Limited, Gits Food Products Pvt Ltd., Haldiram Snacks Pvt Ltd., ITC Limited, Bikanervala Foods Pvt Ltd., Godrej Tyson Foods Limited, Darshan Foods Pvt Ltd., Al Kabeer Exports Pvt Ltd., Venky’s India Pvt Ltd., etc. are some of the key participants in the market of ready to eat food.
As per FnBnews.com , “The ready-to-eat market in India is expected to expand at a compound annual growth rate (CAGR) of 16.24% (based on value) during the 2019-2024 period, to generate revenue of Rs 68.47 bn by 2024.”
So, what is your prediction? Will it take over the traditional food market by storm or will it be a blop on the Indian market?