India is emerging as a major market for retail sales of food items because of changes in consumer demand, supply-chain dynamics and marketing interventions, according to CII-AC Nielsen ORG-MARG Report on Foods & Beverages "" Challenges & Opportunities in the Indian Market. |
The report said sale of food items contributed 72 per cent more to incremental FMCG value in 2004 against 2000. |
Most of the growth came from packaged basics like cooking oil, wheat flour, rice, and ghee, indicating an overall upswing in the commodity-to branding movement. |