The Indian consumer market for high-end food products is set to double to 200 million people in the coming five years, given the ambitiously driven entrepreneurship of Indian businessmen in developing new food-based opportunities. It is expected that the middle-class Indian consumer market to double over the five years from the current 100 million out of the 1.2 billion population and as such, according to Symrise Asia Pacific Ltd, a German group manufacturing and marketing food flavors and fragrances. This swift expansion in the high-end food segment would bring a new facelift in the Indian retail sector, which will eventually respite the signage players engaging in in-store graphics and displays.
Indian market to double high-end food items in five years
- Post author:SignNews
- Post published:May 20, 2011
- Post category:New Business Opportunity
- Post comments:0 Comments
