Scope for entering untapped markets readymade food
Changing regulations by
in India
Government
Increasing level of disposable income
Price sensitive customers
Health conscious consumers
Low awareness about processed
foods and calorie requirements
PESTEL
Government has food acts and there is Association of Cereal Food
Manufacturers(ACFM) which deal specifically on cereal issues Increasing disposable income and GDP growth FMCG sector is expected to grow at a CAGR of 12% to reach market size of $104 Billion in 2020
Introducing the concept of cereals at breakfast as it is new in
Indian concept Increase in the number of health conscious consumers With other major players like Nestle competing, its extremely important to make use of technological advances in supply chain and production process To reduce energy use, GHG emissions and water use Other environmental concerns like waste sent to landfill Regulatory norms have to standardized across the country Lack of strict action against counterfeit goods