Dublin, Aug. 13, 2024 (GLOBE NEWSWIRE) -- The "India Frozen Paratha Market Forecast Report By Type (Malabar Paratha, Lacha Paratha, Paneer Paratha, Aloo Paratha, Others), Distribution Channel (Offline, Online), Region (North & Central region, Southern region, Western region and Eastern region) and Company Analysis 2024-2032" report has been added to ResearchAndMarkets.com's offering.
India Frozen Paratha Market will reach US$ 248.59 Million by 2032, up from US$ 50.67 Million in 2023, with a CAGR of 19.33% between 2024 and 2032.
India's evolving lifestyles, marked by more hectic schedules and urbanization, have been a major factor in the market expansion for frozen parathas. Frozen parathas provide a simple and short alternative for making ready conventional Indian food, specifically for folks that are time-restrained and like to devour in cities.
Consumers are deciding on geared up-to-cook dinner dishes with little guidance time due to the fashion in dual-earnings homes and longer workweeks. Because frozen parathas keep the actual flavor and texture of home made parathas, they're a super suitable for these lifestyles since they do not require rolling or preparing dough.
Increasing disposable earnings in India has drastically boosted the demand for frozen parathas. As extra households enjoy rising earning, there may be a extra willingness to spend on convenience ingredients that provide great, taste, and time financial savings. Frozen parathas cater to this demand by using supplying a convenient solution for preparing conventional Indian food with out the attempt of creating dough from scratch.
With better disposable incomes, customers are also greater willing to purchase top class editions of frozen parathas that provide introduced comfort or more healthy options. This has spurred product innovation in the marketplace, with producers introducing diverse flavors, stuffing options, and healthier formulations to enchantment to a extra prosperous customer base.
The frozen paratha business in India is expanding owing in large part to product innovation. To adapt to shifting consumer preferences and lifestyles, manufacturers are constantly launching new product variations and enhancing their current offerings. The variety of flavors and filling options is one important area of innovation. To cater to a variety of tastes, companies are providing a wide range of options, including mixed veggies, paneer (cottage cheese), potatoes, and even non-traditional flavors. Customers can enjoy the convenience of frozen parathas while experimenting with different flavors thanks to this variant.
Innovations that prioritize health are also becoming more popular. To answer consumer concerns about nutrition and health, manufacturers are coming up with parathas that have lower fat content, whole wheat flour, and no preservatives. These more wholesome selections draw customers who are concerned about their health and are looking for quick yet filling dinner options.
Maharastra Frozen Paratha Market
With its unique regional subtleties, the frozen paratha market in Maharashtra, the second most populated and third-largest state in India, mirrors national trends. The varied urban and semi-urban population centers of Maharashtra, including Mumbai, Pune, Nagpur, and Nashik, where hectic lifestyles and rising disposable incomes fuel demand for accessible food options, are beneficial to the state's frozen paratha business.
Growing urbanization and the growing inclination for ready-to-cook foods as a result of time restrictions are important drivers of the market's expansion. In response, producers are offering a wide range of flavors and filling options according to regional preferences, such as classic Maharashtrian flavours like hot masala or parathas stuffed with coconut.
Furthermore, frozen parathas are easily accessible owing to the state's strong retail infrastructure, which consists of supermarkets, hypermarkets, and internet platforms. The state's frozen paratha market has a bright future because of its accessibility, continuous product innovation, and the significance of parathas in Maharashtra cuisine.
Key Attributes:
Report Attribute | Details |
No. of Pages | 130 |
Forecast Period | 2023 - 2032 |
Estimated Market Value (USD) in 2023 | $50.67 Million |
Forecasted Market Value (USD) by 2032 | $248.59 Million |
Compound Annual Growth Rate | 19.3% |
Regions Covered | India |
Key Players Analysis:
- ID Fresh
- Haldiram
- Sumeru
- Goeld
- Aashirvad
- Tasty Fresh
- Buffet
- Asal Foods (Milky Mist Dairy)
- Godrej
- WahUstad
- Keventer
- Miraj Group
- Vadilal
- Brillar
- Kawaan
- Swaad
Type - Market breakup in 5 viewpoints:
- Malabar Paratha
- Lacha Paratha
- Paneer Paratha
- Aloo Paratha
- Others
Distribution Channel - Market breakup in 2 viewpoints:
- Offline
- Online
Region - Market breakup in 4 viewpoints:
- North & Central region
- Southern region
- Western region
- Eastern region
For more information about this report visit https://www.researchandmarkets.com/r/2bltf7
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