Recent transformative influences on India’s F&G sector and the trends ahead
To celebrate Progressive Grocer’s 11th Anniversary, we spoke to leading retailers and manufacturers about what they think of the development and trend arc in F&G retailing and how various product categories are shaping up in the face of evolving market dynamics and maturing consumer behavior. The retailers and producers we spoke to agree that the food retailing landscape in India is changing and the market is abuzz with new ideas and propositions. The consensual view is that much like in the other parts of the world, factors such as convenience, hygiene and health and wellness are transforming the way Indians eat. A growing awareness and influence of globalization in the F&B space, changing lifestyle, evolving tastes and preferences of consumers means that shoppers are increasingly moving towards purchasing healthy, branded and packaged food and beverages which, in turn, is leading to a boom in modern retail and the launch of natural, nutritious and better-for-you products.
Progressive Grocer posed the question: What have been the most impactful trends and developments in your retail format in recent years and what further changes do you envisage in your category, going ahead? We bring you the thoughts and reactions of the retailers and manufacturers that we spoke to.