...Food Service and cratering sector of the Australian Food Industry - McDonalds McDonalds is a Multinational food restaurant and belongs in the food service and catering sector of the Australian Food Industry. McDonalds is well – known for their famous “burgers and fries”. However there is much more to McDonalds then meets the eye and to understand it to its full content, you should look beyond the standard burgers and fries. In most stores, McDonalds operates twenty-four hours a day, 365 days a year and within 119 different countries. McDonalds have more than 33,000 restaurants worldwide and 855 of those stores operating in Australia alone. McDonalds sells a wide variety of food at very low costs. When McDonalds was first founded in 1955 their menu started with traditional McDonald’s meals such as Famous Big Macs, quarter pounder’s, cheese burgers, hamburgers and Mcnuggets. These few menu items will always be sold at McDonald stores. However as McDonalds expanded so did their menu. They started adding and changing items. The McDonalds menu now consists of; Breakfast Menu - Hash browns - McMuffins (egg, bacon, sausage) - Hotcakes - Brekkie wraps –(egg, bacon) - Bagels (egg, sausage, bacon) Main Menu * Burgers and wraps (meat, chicken, fish, bacon) * Fries * Nuggets Promotions * Loose change menu * Angus beef Burgers * M selections Dessert Range * Vanilla cone * Fudge Sunday’s (chocolate, caramel, strawberry) * Thick...
Words: 263 - Pages: 2
...There is a vast potential for investment in the food processing sector. It is further accentuated by the following factors: • As there has been rapid creation of a scenario of rapid urbanization and changing lifestyles. So, the market of one billion people are demanding and spending on an average of about 50 per cent of household expenditures on food. • Due to rapid urbanization and changing lifestyles,30 million upper and middle class segment of the total population consume processed and packaged food, according to data. Another 200 million people projected to shift already to this group during 2010. This...
Words: 1075 - Pages: 5
...FOOD PROCESSING IN INDIA Corporate Catalyst India A report on Indian Food Processing Industry 1. INDUSTRY OVERVIEW India is the world’s second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. The food processing industry is one of the largest industries in India-it is ranked fifth in terms of production, consumption, export and expected growth. The food industry is on a high as Indians continue to have a feast. Fuelled by what can be termed as a perfect ingredient for any industry - large disposable incomes - the food sector has been witnessing a marked change in consumption patterns, especially in terms of food. Increasing incomes are always accompanied by a change in the food basket. The proportionate expenditure on cereals, pulses, edible oil, sugar, salt and spices declines as households climb the expenditure classes in urban India while the opposite happens in the case of milk and milk products, meat, egg and fish, fruits and beverages. For instance, the proportionate expenditure on staples (cereals, grams, pulses) declined from 45 per cent to 44 per cent in rural India while the figure settled at 32 per cent of the total expenditure on food in urban India. A large part of this shift in consumption is driven by the processed food market, which accounts for 32 per cent of the total food market. It accounts for US$ 29.4 billion, in a total estimated market of US$ 91.66 billion. The Confederation of...
Words: 8652 - Pages: 35
...Food Industry Last Updated: June 2012 Introduction The food services sector in India is expected to witness a 50 per cent increase in investments in 2012 to about US$ 750 million, as food suppliers and retail companies plan to scale up business and stay competitive by tapping the large potential of the domestic market. Of the total investments of US$ 750 million in 2012, about US$ 165 million has gone into purely front-end retail, such as fast moving consumer goods (FMCG), food and beverage firms. India is the world's largest milk producer, accounting for around 17 per cent of the global milk production, according to RNCOS research report titled, 'Indian Dairy Industry Analysis'. The study anticipates that the milk production in India will grow at a compound annual growth rate (CAGR) of around 4 per cent during 2011-2015. Further, India has emerged as one of the largest potential markets for organic food consumption globally. The organic food is invariably catching up pace among the Indian retailers, especially with the niche retailers owing to wide awakening among Indian consumers towards leading a healthy life, as per RNCOS research report titled, 'Indian Organic Food Market Analysis'. We anticipate that the sector will post significant growth during 2011-2013, growing at a CAGR of 15 per cent. Indians spend US$ 64 billion annually on eating out, which includes $13 billion on eating in quick-service restaurants (QSRs) such as McDonald's and Costa Coffee, propelling...
Words: 2109 - Pages: 9
...CAN INDIA BE THE FOOD BASKET FOR THE WORLD? N.VISWANADHAM Indian School of Business Hyderabad-500032 n.viswanadham@gmail.com Abstract India can become the food supplier of the world. It has the cultivable land, all the seasons for production of all varieties of fruits and vegetables, an agribusiness system that works although it needs to be vastly improved. The single most important problem facing the Indian agricultural industry is the highly inefficient supply chain. Because of lack of cold chain infrastructure and also a food processing industry about 20 per cent of all foods produced in India (Rs. 500 b) are wasted. By building an efficient and effective supply chain using state of the art techniques it is possible to serve the population with value added food while simultaneously ensuring remunerative prices to the farmers. The surplus of cereals, fruits, vegetables, milk, fish, meat and poultry can be processed as value added food products and marketed aggressively both locally and internationally. Investments in cold chain infrastructure, applied research in post harvest technologies, installation of food processing plants in various sectors and development of food retailing sector are mandatory for achieving gains in this sector. Strategic growth plans for achieving both national and international competitiveness of the food industry are essential. 1. OUTLINE OF THE PAPER In this paper we identify emerging opportunities in the food and cold chain...
Words: 4988 - Pages: 20
...Food security means the easy availability and access of food at all times in sufficient quantity in a safe and nutritious form to meet the dietary requirements and food preferences for an active, healthy and productive life. In fact, food security is the imperative prerequisite for the economic and social stability of any nation. Again sustainable food security requires a stable supply of good and properly functioning agricultural markets. To encourage the food security, the Food and Agriculture Organization of the United Nations celebrates World Food Day every year on 16th October, the day on which the Organization was founded in 1945. "World Food Security and the challenges of climate change and bio-energy" was the theme for the World Food Day for the year 2008. The theme is quite relevant at this hour when changes in agriculture production and cultivation pattern is being observed in different parts of the world due to drastic changes in the climatic pattern. Increase in demand for fuel, food, diversion of good crops to fuel, inflationary peak particularly observed in food items can have a detrimental effect on the gap between demand and supply of food products and food security of the nations as a whole. The worst affected, under such circumstances will undoubtedly be the people residing in the developing and the underdeveloped nations of the world. Poor people of these countries are largely dependant on agriculture which is most vulnerable to climate change. Increase...
Words: 1013 - Pages: 5
...PROJECT WORK ON “RIGHT TO FOOD” Its Reflection in National Food Security Act 2013 Under the Kind Supervision of – Dr. Tanzeem Fatima Assistant Professor Faculty of Law A. M. U., Aligarh Submitted By:- Faisal Ashfaq LL.M. (P) 13-LLM-20 GB1586 CONTENTS 1. Introductory Remarks 2. Meaning, Nature and Concept of Food Security 3. Emergence of concept of welfare state and its obligation 4. Food Security in International Perspecticve 5. Food Security in Indian Constitutional Perspective 6. Judicial Approach towards Food Security 7. National Food Security Act, 2013 a. Origin and Development b. Object and Purpose of Act c. Food Security: Protection of Human Right in light of Natural law theory 8. Concluding Remarks Bibliography Introductory Remarks “It cannot mockery to tell someone they have the right to food when there is nobody with the duty bound to provide them with food. That is the risk with the rights rhetoric. What I like about choosing the counterpart, the active obligation of duties rather than the rights, you can’t go on and on without addressing the question who has to do what, for whom, when” Onor O’Neill Right to food is indeed a laudable national commitment, it’s apt to remember that ensuring food security to the impoverished million in this country is not a government charity but a Constitutional mandate of the States. Article 21 of the Indian Constitution provides that ‘no person shall be deprived of his life and liberty except according to the...
Words: 4796 - Pages: 20
...ready-to-eat foods. The single family consisted of many people earlier i.e., a group of several nuclear families were living in a single place. Hence, larger quantities of the food were used to be prepared. But as these joint families started disappearing due to various reasons, each single family started using these ready-to-eat foods in order to save time and energy. Due to establishment of multi- national companies in India, the lady of the house also started working, because of which there was no time to prepare food at home. Hence, this created the need for using ready-to-eat foods. Due to raise in income, the standard of living is also changing and there is a strong influence of western countries, more global trade, traveling etc., hence, people are changing their taste to ready-to-eat foods more compared to the old traditionally prepared foods. Table 1: Status of food processing industry in India (http://www.ediindia.org/doc/SpecialPDF/chp-1.pdf) Rank of industry 5th Employment in lakhs 16 Percentage of total industrial labour force 19 Total Industry Output in Percentage 14 Output as percentage of GDP 5.5 Estimated...
Words: 866 - Pages: 4
...CITY Partial Fulfillment of the Requirements for the Award of Post Graduate Diploma in Management (Recognized by AICTE, Ministry of HRD, Govt. of India) By Mohd Zuvair PG- 120-30 Batch 2012-14 Under the guidance of Prof. Kamal K. Gupta Associate Professor, Department of Marketing Research INMANTEC, Ghaziabad Integrated Academy of Management and Technology Ghaziabad July 24, 2013 COMPARATIVE STUDY OF CONSUMER AND TRADE SALES PROMOTIONAL SCHEMES OFFERED BY BISCUIT BRANDS WITH SPECIAL REFERENCE TO ANMOL BISCUITS IN BAREILLY CITY Summer project submitted In Partial Fulfillment of the Requirements for the Award of Post Graduate Diploma in Management (Recognized by AICTE, Ministry of HRD, Govt. of India) By Mohd Zuvair PG- 120-30 INMANTEC Integrated Academy of Management and Technology Ghaziabad July, 2013 ACKNOWLEDGEMENT I owe a deep gratitude and heartfelt thanks to Dr Kamal K. Gupta, Associate Professor, Department of Marketing Research, INMANTEC B-School, Ghaziabad; who has encouraged and guided me throughout my research work. I also express my heartfelt gratitude to him for his unmitigated support, meticulous reviews, in depth inquiries and advice on work. It has added immense value to the report. I am extremely thankful to Mr. Mritunjay Sharma, General Manager Sales (North India), Anmol Bakers Pvt. Ltd; for giving me opportunity to associate myself with the organization. I am expressing heartfelt thanks to Miss Falguni Chakrabortys...
Words: 17773 - Pages: 72
...lives in America. From religion to fashion there is a big difference in Native Indians and Americans. They have adapted to a lot of America ways and enjoy their lives here yet some miss their Indian customs. India is acknowledged as the origin of Hinduism and Buddhism which are the third and fourth largest religions in the world. According to the “Handbook of Research on Development and Religion” Edited by Matthew Clarke (Edward Elgar Publishing, 2013). There are differences of Hinduism and four predominant sects, Smarta, Shakteya, Vaishnava, and Shaiva. With around 13 percent of Indians being Muslims it makes India one of the largest Islamic nations in the world. Sikhs and Christians make up a small percentage of the India population, with even a smaller percentage of Jains and Buddhists (Indian Culture, 2016). In contrast, just about every religion known is practiced in the United States of America. Around 83 percent of Americans are identified as Christians according to the ABC poll, unlike the small percentage of Christians in India. Judaism is the second most religions identification and only .6 percent responding to being Muslim. India is almost opposite in comparison with religion in America (American Culture, 2016). Traditional clothing for men in India is the dhoti. It is an unstitched piece of cloth they tie around their waist and legs. Men also wear a kurta, which is a shirt that is loose and worn about knee-length. And for special occasions the men will...
Words: 1243 - Pages: 5
...Expenditure (MPCE) in 2007-08 was Rs.772 in rural India and Rs.1472 in urban India at 2007-08 prices. About 65% of the rural population had MPCE lower than the national rural average. For urban India the corresponding proportion was 66%. The survey estimated that in 2007-08, around one-half of the Indian rural population belonged to households with MPCE less than Rs.649 at 2007-08 prices. In 2006-07, the corresponding level of MPCE for the rural population had been estimated as Rs.580. In urban India, one-half of the population belonged to households with monthly per capita consumer expenditure less than Rs.1130. In 2006-07, the corresponding level of MPCE for the urban population had been estimated as Rs.990. About 10% of the rural population had MPCE under Rs.400. The corresponding figure for the urban population was Rs.567, that is, 42% higher. At the other extreme, about 10% of the rural population had MPCE above Rs.1229. The corresponding figure for the urban population was Rs.2654, that is, 116% higher. Real MPCE (base 1987-88) was estimated to have grown by about 21% from 1993-94 to 2007-08 (that is, over a 14-year period) in rural India and by about 36% in urban India. The annual real terms increase from 2006-07 to 2007-08 in average rural MPCE was 2.2% and in average urban MPCE was 5.4%. PATTERN OF CONSUMPTION IN 2007-08 Out of every rupee of the value of the average rural Indian’s household consumption during 2007-08, the value of food consumed accounted for about 52 paise. Of...
Words: 1140 - Pages: 5
...CONCLUSIONS 13 6.0 REFERENCES 14 1.0 INTRODUCTION The purpose of this paper is to discuss and evaluate the attractiveness of the food retail industry in India. Research on the Indian food retail industry will be executed to construct an analysis of the overall competitiveness and investment attractiveness. In Part 1, the researcher will apply the extended version of Porter’s National Diamond (PND) model to the Indian food retail industry. In Part 2, two key management issues will be taken into account and analysed before developing any further operations into the Indian food retail industry. In Part 3, two market entry strategies will be selected, compared, and discuss the advantages and limitations of each to determine the optimal strategy to be implemented in regards to the Indian food retail industry. 2.0 Part 1: PORTER’S NATIONAL DIAMOND ANALYSIS India has experienced significant social and economic change as of late, enabling a solid consumer market for foreign retailers. According to UNICEF, the Indian economy has been booming, with an average GDP growth rate of 4.5% from 1997 to 2007 (Mann & Byun, 2011), and is anticipated to be the world's third greatest economy after the USA and China by 2050. When market size, development prospects, and consumer wealth and preparedness are considered to determine the retail food index, India falls within the main five nations (Mann & Byun, 2011).This spell of flourishing has come...
Words: 3769 - Pages: 16
...Namkeen in India was usually made at home but with the increasing number of companies coming up with cheap and good quality salted snacks the home made namkeens were replaced by packaged ones available in markets and shops. Since Namkeens form an integral part of the evening snacks of Indians they are constitute an important part of the Indian packaged food market. India is home to numerous top namkeen brands like Kurkure, cheese balls and Bhujia. Namkeen or salted snacks are a part of the snacks consumed by Indians. Since Indians are known worldwide for their tasty tangy and spicy food habits the snacks industry in India is huge is no surprise. The Namkeen market in India is magnanimous which consists of both the organized and the unorganized sectors. The unorganized Namkeen market consists of home made and loose salty snacks generally sold in small Kiranas. The branded or the organized Namkeen segment in India is increasing virtually by the day. Some of the major players in the Indian Namkeen market consist of Haldiram Foods Frito-Lay India Mc Fills. The top namkeen brands in India are generally products offered by Haldirams and Frito Lays. Synonymous with the salted snacks industry in India is Haldiram Food. Haldirams is known for its large variety of to brands that have been ruling the Indian snacks industry for over decades now. Consumers in India in a way have become accustomed to the products of this particular brand. Products of Top Namkeen Brands in India Leher...
Words: 330 - Pages: 2
...------------------------------------------------- Culture of India From Wikipedia, the free encyclopedia Part of a series on the | Culture of India | | History | People | Languages[show] | Mythology and folklore[show] | Cuisine | Religion | Art[show] | Literature[show] | Music and performing arts[show] | Media[show] | Sport | Monuments[show] | Symbols[show] | * India portal | * v * t * e | The culture of India is the way of living of the people of India. India's languages, religions, dance, music, architecture, food, and customs differ from place to place within the country. The Indian culture, often labeled as an amalgamation of several cultures, spans across the Indian subcontinent and has been influenced by a history that is several millennia old.[1][2] Many elements of India's diverse cultures, such as Indian religions, yoga and Indian cuisine, have had a profound impact across the world. Contents [hide] * 1 Religions * 2 Perceptions of Indian culture * 2.1 Arranged marriage * 2.2 Wedding rituals * 3 Greetings * 4 Festivals * 5 Animals * 6 Cuisine * 7 Clothing * 8 Languages and literature * 8.1 History * 8.2 Epics * 9 Performing arts * 9.1 Dance * 9.2 Drama and theatre * 9.3 Music * 10 Visual arts * 10.1 Painting * 10.2 Sculpture * 10.3 Architecture * 11 Sports and martial arts * 11.1 Sports ...
Words: 10182 - Pages: 41
...Professional University, Phagwara, Punjab, India Neeraj Gupta, Lecturer, School of Business, Faculty of Business & Applied Arts, Lovely Professional University, Phagwara, Punjab, India. Rajan Girdhar, Research Fellow, Faculty of Business & applied Arts, Lovely Professional University, Phagwara, Punjab, India. ABSTRACT With increasing globalization and international trade, a number of international brands are entering into India which is one of the fastest growing and highly competitive markets in the world. Though, most of the global firms failed to understand the needs of Indian consumers as well as the market characteristics but there are a few of them who have been successful in positioning their brands into the Indian market because they attempt to understand well the needs of target group before introducing a brand into the market. Even some of the most successful brands in today’s time had committed several blunders or mistake while initially entering into Indian market. For instance, Kellogg’s, McDonald’s, LG, Reebok and Coca-Cola are among such global brands who initially introduced standard products by following standardized global strategies but later realized their mistakes and thus modified their product or services according to the needs of Indian consumers and became successful. This research is an attempt to investigate why some international brands, that are successful globally, fail to attract significant market share in India. Keywords: Globalization, Global brands...
Words: 5782 - Pages: 24
