Welcome Guest

Businessex.Com
Home News Understanding the changing dynamics of the Indian F&B industry

Understanding the changing dynamics of the Indian F&B industry

Tags: drink technology india, food and beverage industry, international packtech india, processed and packaged food industry

July 23, 2014 | COMMENTS ( 0 )

Understanding the changing dynamics of the Indian F&B industry

Drink Technology India (DTI) and International PackTech India enter into the 3rd year of their successful association, highlighting the latest technological advancements catering to the beverage & food industry.

 

As the purveyor of beverage and food technology; Drink Technology India and International PackTech India broaden their horizon by introducing a platform to meet the ever growing needs of beverage & food industry’s stalwarts.

 

The entry of multinationals, aggressive rise of commodity branding and low cost of technology in India is changing the dynamics of the Indian food and beverage industry. The trade fairs will be held from 25th – 27th September, 2014 at the Bombay Convention and Exhibition Centre, Mumbai.

 

The trade fairs are positioned as a unique platform for dialogue between international suppliers of machinery and trade visitors from India. India is a huge market and given the country’s beverage & food industry’s potential for technology up-gradation, these events are much awaited by industry players.

 

The packaged food industry is the fifth largest sector in India. The Indian packaged food industry is worth $39.7 billion and is expected to reach $65.41 billion by 2020. With a sales volume of 30 million tonnes in 2013, India is one of the largest markets for packaged food in the world, just behind the US, China, Brazil and Mexico and the second largest in Asia.

 

It is expected that the demand for the packaged food in India will rise at a rate of 6 per cent to 37 million tonnes by 2017. To meet the rising demand for processed and packaged food and beverages, companies have to expand their production and as a result the demand for state-of-the-art processing and packaging technology will grow.

 

Additionally, with a consumption of 22 billion liters of drinks (alcoholic and soft drinks); India is the fourth largest market for beverages in Asia. The Indian non-alcoholic beverage market grew at a rate of 23 per cent between 2010 and 2013 with an increased consumption for packaged soft drinks.

 

Within the soft drinks market; bottled water is considered to be the largest category and demand for the same will double by 2017. Packaged juice also shows a strong increasing demand. It is expected that the consumption of juice in India will rise by an annual compound growth rate of 20 per cent until 2017 up to 1.2 billion liters.

 

Food processing being the key focus in 2014, the exhibitions will cover the entire process chain comprising raw materials, production, bottling, and packaging and logistics solutions. The addition of this segment confers an opportunity to the exhibitors to display machinery and equipment for varied kinds of foods e.g., confectionary and sweet products, meat, fruits and vegetables.

 

Drink Technology India and International PackTech India would give an impetus to the growing beverage & food industry in India by offering manufacturers a wide array of world class technologies aligned to their business needs.

 

Drink Technology India will introduce attractive platforms like ‘Exhibitor Forum and Roundtable Talks’ which will render an opportunity for networking, exchange of expertise and professional development for the industry professionals. Alongside, International PackTech India will host conference which will be organized by Institute of Packaging Machinery Manufacturers of India (IPMMI) which will give insights into the newer concepts and technology updates for processing & packaging.

 

With the inclusion of food technology; the focus will be on safety, hygiene and resource efficiency for the production and packaging processes. The event will influence the industry players, proffering a compact solution for the beverage, food and packaging industry.

 

DTI caters to visitors from all parts of the industry including milk and liquid dairy products, soft drinks, fruit juices, beer, brewing industry, wine, sparkling wine, services, advertising and food processing industry. International PackTech India on the other hand, would cater to visitors across food processing, production of packaging material, automation technology, store, logistics, transport equipment, environmental technology and processing recycling. Drink Technology India and International PackTech India would witness participation of nearly 260 exhibitors with over 8,500 trade visitors from India and the neighboring countries.

 

Drink Technology India is supported by All India Bread Manufacturers Association (AIBMA), All India Distillers Association (AIDA), Agro & Food Processing Equipment & Technology Providers Association of India (AFTPAI). International PackTech India is supported by Indian Flexible Packaging and Folding Carton Manufacturers Association, Institute of Packaging Manufacturers of India, Mumbai.

 

Some of the leading firms participating at Drink Technology India are KHS, KRONES, Pentair, Sidel, Buhler, Brewforce, Manjushree and Siemens along with other technology giants. International PackTech India would see participation from brands like The Paper Products Ltd, SSP Packaging and Mamata Machinery, etc.

Please add your comment

Rating
Not readable? Change text.
Enter the characters as seen on the image (case insensitive)
  Notify me of followup comments via e-mail   Subscribe for daily newsletter

Other NEWS

Delhi based startup i2e1 raises $5,00,000

Delhi based startup i2e1 raises $5,...

December 10, 2015

Delhi-based i2e1, a smart network player platform which aims to provide low-cost and free internet to consumers and actionable ana....

Cab aggregators collaborate with state governments to boost entrepreneurship

Cab aggregators collaborate with st...

November 06, 2015

Ola and Uber, cab aggregators have signed agreements with Rajasthan government for skill development and creation of entrepreneuri....

Phase II of startup incubator T-Hub to be operational soon

Phase II of startup incubator T-Hub...

November 04, 2015

Telangana government is planning to expand T-Hub, its ambitious incubator programme, in its second phase with about Rs 150 crore i....

Sabse Technologies receives investment from Ratan Tata

Sabse Technologies receives investm...

November 04, 2015

Global telecom carrier, Sabse Technologies Inc, started by Hotmail Founder Sabeer Bhatia today announced that Tata Sons' Chairman ....

Mobile startup BlackNGreen seeks international expansion

Mobile startup BlackNGreen seeks in...

November 02, 2015

Buoyed by a strong demand for value added services, mobile startup BlackNGreen is eyeing revenue of Rs 350 crore in the next one y....

Startups seek better future under Hay Group's programme

Startups seek better future under H...

October 30, 2015

Global management consultancy, Hay Group will help 100 selected entrepreneurs transform their startups into successful companies o....

Quintype raises USD 3.25 million for product enhancement

Quintype raises USD 3.25 million fo...

October 27, 2015

Quintype, a data-driven publishing company raised USD 3.25 million to enhance product and business development. ....

Hospitality aggregator startup Qik Stay raises $250K

Hospitality aggregator startup Qik ...

October 27, 2015

Delhi-based Qik Stay, a hotel branding and aggregator startup, has raised $250K in seed round of funding from venture capital firm....

Milk Mantra targets a turnover of Rs 150 crore this fiscal

Milk Mantra targets a turnover of R...

October 26, 2015

Odisha-based startup dairy firm, Milk Mantra is targeting a turnover of Rs 150 crore this fiscal.....

Vista Rooms creates app on Instagram, targets tier II & III cities

Vista Rooms creates app on Instagra...

October 23, 2015

Mumbai-based online budget accommodation aggregator, Vista Rooms has created an app-like experience on Instagram where travellers ....

Jiyo Natural receives funding from Indian Angel Network

Jiyo Natural receives funding from ...

October 23, 2015

Indian Angel Network (IAN) has invested an undisclosed amount in Bengaluru-based consumer health food startup, Jiyo Natural.....

​​Vodoo raises USD 1 million from SAIF Partners

​​Vodoo raises USD 1 mi...

October 15, 2015

Deals and price comparison application, Vodoo has raised USD 1 million (around Rs 65 lakh) from SAIF Partners in a seed funding ro....

IBM launches public data centre in Chennai, partners with Nasscom to boost start ups

IBM launches public data centre in ...

October 15, 2015

Technology giant, IBM today launched public data centre in Chennai to tap into growing demand from financial services and governme....

For Nasscom, PPP will boost startups in India

For Nasscom, PPP will boost startup...

October 14, 2015

In the wake of some reservations over the central government creating startup funds, Nasscom's "10,000 startups" Vice President, R....

WalmartLabs to seek partnership with Indian startups

WalmartLabs to seek partnership wit...

October 14, 2015

WalmartLabs, the digital arm of US-based retailing major Walmart Stores, is scouting for startups in India for partnership and wor....