Re­cent trans­for­ma­tive in­flu­ences on In­dia’s F&G sec­tor and the trends ahead

Progressive Grocer (India) - - Front Page -

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.

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