The Future of the Syrups & Spreads Market in India to 2017

Transcription

1 The Future of the Syrups & Spreads Market in India to 2017 Reference Code: FD0943MR

2 Table of Contents 1. Introduction What is this Report About? Definitions This report provides 2012 actual sales; while forecasts are provided for Category Definitions Distribution Channel Definitions Volume Units and Aggregations CAGR Definition and Calculation Graphical representation of Brands Exchange Rates Methodology Summary India Syrups & Spreads Market Analysis, Syrups & Spreads Value Analysis, Overall Syrups & Spreads Market Value, Syrups & Spreads Market Value by Category, Market Growth Dynamics by Value Syrups & Spreads, Syrups & Spreads Volume Analysis, Overall Syrups & Spreads Market Volume, Per-Capita Consumption - Syrups & Spreads, Syrups & Spreads Market Volume by Category, Market Growth Dynamics by Volume Syrups & Spreads, India Jams, Jellies & Preserves Market Analysis, Jams, Jellies & Preserves Value Analysis, Jams, Jellies & Preserves Market by Value, Average Consumer Price/Kg Jams, Jellies & Preserves, Jams, Jellies & Preserves Market Value by Segments, Jams, Jellies & Preserves Volume Analysis, Jams, Jellies & Preserves Market by Volume, Jams, Jellies & Preserves Market Volume by Segments, Market Growth Dynamics Jams, Jellies & Preserves, Jams, Jellies & Preserves Market Growth Dynamics by Value, Jams, Jellies & Preserves Market Growth Dynamics by Volume, Jams Analysis, Jams Market by Value, Jams Market by Volume, Marmalade Analysis,

3 3.5.1 Marmalade Market by Value, Marmalade Market by Volume, Preserves Analysis, Preserves Market by Value, Preserves Market by Volume, Jams, Jellies & Preserves Brand Analysis, Jams, Jellies & Preserves Distribution Channel Analysis, India Molasses Market Analysis, Molasses Value Analysis, Molasses Market by Value, Average Consumer Price/Kg Molasses, Molasses Volume Analysis, Molasses Market by Volume, Market Growth Dynamics Molasses, Molasses Market Growth Dynamics by Value, Molasses Market Growth Dynamics by Volume, Molasses Brand Analysis, Molasses Distribution Channel Analysis, India Savory Spreads Market Analysis, Savory Spreads Value Analysis, Savory Spreads Market by Value, Average Consumer Price/Kg Savory Spreads, Savory Spreads Market Value by Segments, Savory Spreads Volume Analysis, Savory Spreads Market by Volume, Savory Spreads Market Volume by Segments, Market Growth Dynamics Savory Spreads, Savory Spreads Market Growth Dynamics by Value, Savory Spreads Market Growth Dynamics by Volume, Beef/Yeast Based Analysis, Beef/Yeast Based Market by Value, Beef/Yeast Based Market by Volume, Meat & Fish Pastes Analysis, Meat & Fish Pastes Market by Value, Meat & Fish Pastes Market by Volume, Sandwich Fillers Analysis, Sandwich Fillers Market by Value, Sandwich Fillers Market by Volume,

4 5.7 Savory Spreads Brand Analysis, Savory Spreads Distribution Channel Analysis, India Sweet Spreads Market Analysis, Sweet Spreads Value Analysis, Sweet Spreads Market by Value, Average Consumer Price/Kg Sweet Spreads, Sweet Spreads Market Value by Segments, Sweet Spreads Volume Analysis, Sweet Spreads Market by Volume, Sweet Spreads Market Volume by Segments, Market Growth Dynamics Sweet Spreads, Sweet Spreads Market Growth Dynamics by Value, Sweet Spreads Market Growth Dynamics by Volume, Chocolate Spreads Analysis, Chocolate Spreads Market by Value, Chocolate Spreads Market by Volume, Honey Analysis, Honey Market by Value, Honey Market by Volume, Nut-Based Spreads Analysis, Nut-Based Spreads Market by Value, Nut-Based Spreads Market by Volume, Sweet Spreads Brand Analysis, Sweet Spreads Distribution Channel Analysis, India Syrups Market Analysis, Syrups Value Analysis, Syrups Market by Value, Average Consumer Price/Kg Syrups, Syrups Volume Analysis, Syrups Market by Volume, Market Growth Dynamics Syrups, Syrups Market Growth Dynamics by Value, Syrups Market Growth Dynamics by Volume, Syrups Brand Analysis, Syrups Distribution Channel Analysis, Appendix About Canadean Disclaimer

5 List of Figures Figure 1: India Syrups & Spreads Market Value (LCU m) and Growth (Y-o-Y), Figure 2: India Syrups & Spreads Market Value (LCU m) by Category, Figure 3: India Syrups & Spreads Market Dynamics, by Category, by Market Value, Figure 4: India Syrups & Spreads Market Volume (Kg m) and Growth (Y-o-Y), Figure 5: India Per-Capita Syrups & Spreads Consumption (Kg/head & Y-o-Y growth), Figure 6: India Syrups & Spreads Market Volume (Kg m) by Category, Figure 7: India Syrups & Spreads Market Dynamics, by Category, by Market Volume Figure 8: India Jams, Jellies & Preserves Market Value (LCU m) and Growth (Y-o-Y), Figure 9: India Jams, Jellies & Preserves Average Consumer Price (LCU) and Growth (Y-o-Y), Figure 10: India Jams, Jellies & Preserves Market Value (LCU m) by Segments, Figure 11: India Jams, Jellies & Preserves Market Volume (Kg m) and Growth (Y-o-Y), Figure 12: India Jams, Jellies & Preserves Market Volume (Kg m) by Segments, Figure 13: India Jams, Jellies & Preserves Market Growth Dynamics by Value, Figure 14: India Jams, Jellies & Preserves Market Growth Dynamics by Volume, Figure 15: India Jams Market by Value (LCU m), Figure 16: India Jams Market by Volume (Kg m), Figure 17: India Marmalade Market by Value (LCU m), Figure 18: India Marmalade Market by Volume (Kg m), Figure 19: India Preserves Market by Value (LCU m), Figure 20: India Preserves Market by Volume (Kg m), Figure 21: India Jams, Jellies & Preserves Market Value by Brands (LCU m), Figure 22: India Jams, Jellies & Preserves Market Value by Distribution Channel (LCU m), Figure 23: India Molasses Market Value (LCU m) and Growth (Y-o-Y), Figure 24: India Molasses Average Consumer Price (LCU) and Growth (Y-o-Y), Figure 25: India Molasses Market Volume (Kg m) and Growth (Y-o-Y), Figure 26: India Molasses Market Growth Dynamics by Value, Figure 27: India Molasses Market Growth Dynamics by Volume, Figure 28: India Molasses Market Value by Brands (LCU m), Figure 29: India Molasses Market Value by Distribution Channel (LCU m), Figure 30: India Savory Spreads Market Value (LCU m) and Growth (Y-o-Y), Figure 31: India Savory Spreads Average Consumer Price (LCU) and Growth (Y-o-Y), Figure 32: India Savory Spreads Market Value (LCU m) by Segments, Figure 33: India Savory Spreads Market Volume (Kg m) and Growth (Y-o-Y), Figure 34: India Savory Spreads Market Volume (Kg m) by Segments, Figure 35: India Savory Spreads Market Growth Dynamics by Value, Figure 36: India Savory Spreads Market Growth Dynamics by Volume, Figure 37: India Beef/Yeast Based Market by Value (LCU m), Figure 38: India Beef/Yeast Based Market by Volume (Kg m), Figure 39: India Meat & Fish Pastes Market by Value (LCU m), Figure 40: India Meat & Fish Pastes Market by Volume (Kg m), Figure 41: India Sandwich Fillers Market by Value (LCU m), Figure 42: India Sandwich Fillers Market by Volume (Kg m), Figure 43: India Savory Spreads Market Value by Brands (LCU m), Figure 44: India Savory Spreads Market Value by Distribution Channel (LCU m), Figure 45: India Sweet Spreads Market Value (LCU m) and Growth (Y-o-Y), Figure 46: India Sweet Spreads Average Consumer Price (LCU) and Growth (Y-o-Y), Figure 47: India Sweet Spreads Market Value (LCU m) by Segments, Figure 48: India Sweet Spreads Market Volume (Kg m) and Growth (Y-o-Y), Figure 49: India Sweet Spreads Market Volume (Kg m) by Segments, Figure 50: India Sweet Spreads Market Growth Dynamics by Value, Figure 51: India Sweet Spreads Market Growth Dynamics by Volume, Figure 52: India Chocolate Spreads Market by Value (LCU m), Figure 53: India Chocolate Spreads Market by Volume (Kg m), Figure 54: India Honey Market by Value (LCU m), Figure 55: India Honey Market by Volume (Kg m), Figure 56: India Nut-Based Spreads Market by Value (LCU m), Figure 57: India Nut-Based Spreads Market by Volume (Kg m),

6 Figure 58: India Sweet Spreads Market Value by Brands (LCU m), Figure 59: India Sweet Spreads Market Value by Distribution Channel (LCU m), Figure 60: India Syrups Market Value (LCU m) and Growth (Y-o-Y), Figure 61: India Syrups Average Consumer Price (LCU) and Growth (Y-o-Y), Figure 62: India Syrups Market Volume (Kg m) and Growth (Y-o-Y), Figure 63: India Syrups Market Growth Dynamics by Value, Figure 64: India Syrups Market Growth Dynamics by Volume, Figure 65: India Syrups Market Value by Brands (LCU m), Figure 66: India Syrups Market Value by Distribution Channel (LCU m),

7 List of Tables Table 1: Category Definitions - Syrups & Spreads Market Table 2: Distribution Channel Definitions - Syrups & Spreads Market Table 3: Volume Units for Syrups & Spreads Market Table 4: India Exchange Rate LCU (Local Currency Unit) USD (Annual Average), Table 5: India Syrups & Spreads Market Value (LCU m) and Growth (Y-o-Y), Table 6: India Syrups & Spreads Market Value (USD m) and Growth (Y-o-Y), Table 7: India Syrups & Spreads Market Value (LCU m) by Category, Table 8: India Syrups & Spreads Market Value (LCU m) by Category, Table 9: India Syrups & Spreads Market Value (USD m) by Category, Table 10: India Syrups & Spreads Market Value (USD m) by Category, Table 11: India Syrups & Spreads Market Dynamics: past and future growth rates ( & ) and market size (2007, 2012 & 2017), by Category, by Value (LCU m) Table 12: India Syrups & Spreads Market Volume (Kg m) and Growth (Y-o-Y), Table 13: India Per-capita Syrups & Spreads Consumption (Kg/head & Y-o-Y growth), Table 14: India Syrups & Spreads Market Volume (Kg m) by Category, Table 15: India Syrups & Spreads Market Volume (Kg m) by Category, Table 16: India Syrups & Spreads Market Dynamics: past and future growth rates ( & ) and market size (2007, 2012 & 2017), by Category, by volume (Kg m) Table 17: India Jams, Jellies & Preserves Market Value (LCU m) and Growth (Y-o-Y), Table 18: India Jams, Jellies & Preserves Market Value (USD m) and Growth (Y-o-Y), Table 19: India Jams, Jellies & Preserves Average Consumer Price (LCU) and Growth (Y-o-Y), Table 20: India Jams, Jellies & Preserves Market Value (LCU m) by Segments, Table 21: India Jams, Jellies & Preserves Market Value (LCU m) by Segments, Table 22: India Jams, Jellies & Preserves Market Value (USD m) by Segments, Table 23: India Jams, Jellies & Preserves Market Value (USD m) by Segments, Table 24: India Jams, Jellies & Preserves Market Volume (Kg m) and Growth (Y-o-Y), Table 25: India Jams, Jellies & Preserves Market Volume (Kg m) by Segments, Table 26: India Jams, Jellies & Preserves Market Volume (Kg m) by Segments, Table 27: India Jams, Jellies & Preserves Market Dynamics: past and future growth rates ( & ) and market size (2007, 2012 & 2017), by Value (LCU m), by Segments Table 28: India Jams, Jellies & Preserves Market Dynamics: past and future growth rates ( & ) and market size (2007, 2012 & 2017), by Volume (Kg m), by Segments Table 29: India Jams Market by Value (LCU m), Table 30: India Jams Market by Value (USD m), Table 31: India Jams Market by Volume (Kg m), Table 32: India Marmalade Market by Value (LCU m), Table 33: India Marmalade Market by Value (USD m), Table 34: India Marmalade Market by Volume (Kg m), Table 35: India Preserves Market by Value (LCU m), Table 36: India Preserves Market by Value (USD m), Table 37: India Preserves Market by Volume (Kg m), Table 38: India Jams, Jellies & Preserves Market Value by Brands (LCU m), Table 39: India Jams, Jellies & Preserves Market Value by Brands (USD m), Table 40: India Jams, Jellies & Preserves Market Value by Distribution Channel (LCU m), Table 41: India Jams, Jellies & Preserves Market Value by Distribution Channel (USD m), Table 42: India Molasses Market Value (LCU m) and Growth (Y-o-Y), Table 43: India Molasses Market Value (USD m) and Growth (Y-o-Y), Table 44: India Molasses Average Consumer Price (LCU) and Growth (Y-o-Y), Table 45: India Molasses Market Volume (Kg m) and Growth (Y-o-Y), Table 46: India Molasses Market Dynamics: past and future growth rates ( & ) and market size (2007, 2012 & 2017), by Value (LCU m), by Segments Table 47: India Molasses Market Dynamics: past and future growth rates ( & ) and market size (2007, 2012 & 2017), by Volume (Kg m), by Segments Table 48: India Molasses Market Value by Brands (LCU m), Table 49: India Molasses Market Value by Brands (USD m), Table 50: India Molasses Market Value by Distribution Channel (LCU m), Table 51: India Molasses Market Value by Distribution Channel (USD m),

8 Table 52: India Savory Spreads Market Value (LCU m) and Growth (Y-o-Y), Table 53: India Savory Spreads Market Value (USD m) and Growth (Y-o-Y), Table 54: India Savory Spreads Average Consumer Price (LCU) and Growth (Y-o-Y), Table 55: India Savory Spreads Market Value (LCU m) by Segments, Table 56: India Savory Spreads Market Value (LCU m) by Segments, Table 57: India Savory Spreads Market Value (USD m) by Segments, Table 58: India Savory Spreads Market Value (USD m) by Segments, Table 59: India Savory Spreads Market Volume (Kg m) and Growth (Y-o-Y), Table 60: India Savory Spreads Market Volume (Kg m) by Segments, Table 61: India Savory Spreads Market Volume (Kg m) by Segments, Table 62: India Savory Spreads Market Dynamics: past and future growth rates ( & ) and market size (2007, 2012 & 2017), by Value (LCU m), by Segments Table 63: India Savory Spreads Market Dynamics: past and future growth rates ( & ) and market size (2007, 2012 & 2017), by Volume (Kg m), by Segments Table 64: India Beef/Yeast Based Market by Value (LCU m), Table 65: India Beef/Yeast Based Market by Value (USD m), Table 66: India Beef/Yeast Based Market by Volume (Kg m), Table 67: India Meat & Fish Pastes Market by Value (LCU m), Table 68: India Meat & Fish Pastes Market by Value (USD m), Table 69: India Meat & Fish Pastes Market by Volume (Kg m), Table 70: India Sandwich Fillers Market by Value (LCU m), Table 71: India Sandwich Fillers Market by Value (USD m), Table 72: India Sandwich Fillers Market by Volume (Kg m), Table 73: India Savory Spreads Market Value by Brands (LCU m), Table 74: India Savory Spreads Market Value by Brands (USD m), Table 75: India Savory Spreads Market Value by Distribution Channel (LCU m), Table 76: India Savory Spreads Market Value by Distribution Channel (USD m), Table 77: India Sweet Spreads Market Value (LCU m) and Growth (Y-o-Y), Table 78: India Sweet Spreads Market Value (USD m) and Growth (Y-o-Y), Table 79: India Sweet Spreads Average Consumer Price (LCU) and Growth (Y-o-Y), Table 80: India Sweet Spreads Market Value (LCU m) by Segments, Table 81: India Sweet Spreads Market Value (LCU m) by Segments, Table 82: India Sweet Spreads Market Value (USD m) by Segments, Table 83: India Sweet Spreads Market Value (USD m) by Segments, Table 84: India Sweet Spreads Market Volume (Kg m) and Growth (Y-o-Y), Table 85: India Sweet Spreads Market Volume (Kg m) by Segments, Table 86: India Sweet Spreads Market Volume (Kg m) by Segments, Table 87: India Sweet Spreads Market Dynamics: past and future growth rates ( & ) and market size (2007, 2012 & 2017), by Value (LCU m), by Segments Table 88: India Sweet Spreads Market Dynamics: past and future growth rates ( & ) and market size (2007, 2012 & 2017), by Volume (Kg m), by Segments Table 89: India Chocolate Spreads Market by Value (LCU m), Table 90: India Chocolate Spreads Market by Value (USD m), Table 91: India Chocolate Spreads Market by Volume (Kg m), Table 92: India Honey Market by Value (LCU m), Table 93: India Honey Market by Value (USD m), Table 94: India Honey Market by Volume (Kg m), Table 95: India Nut-Based Spreads Market by Value (LCU m), Table 96: India Nut-Based Spreads Market by Value (USD m), Table 97: India Nut-Based Spreads Market by Volume (Kg m), Table 98: India Sweet Spreads Market Value by Brands (LCU m), Table 99: India Sweet Spreads Market Value by Brands (USD m), Table 100: India Sweet Spreads Market Value by Distribution Channel (LCU m), Table 101: India Sweet Spreads Market Value by Distribution Channel (USD m), Table 102: India Syrups Market Value (LCU m) and Growth (Y-o-Y), Table 103: India Syrups Market Value (USD m) and Growth (Y-o-Y), Table 104: India Syrups Average Consumer Price (LCU) and Growth (Y-o-Y), Table 105: India Syrups Market Volume (Kg m) and Growth (Y-o-Y), Table 106: India Syrups Market Dynamics: past and future growth rates ( & ) and market size (2007, 2012 & 2017), by Value (LCU m), by Segments

9 Table 107: India Syrups Market Dynamics: past and future growth rates ( & ) and market size (2007, 2012 & 2017), by Volume (Kg m), by Segments Table 108: India Syrups Market Value by Brands (LCU m), Table 109: India Syrups Market Value by Brands (USD m), Table 110: India Syrups Market Value by Distribution Channel (LCU m), Table 111: India Syrups Market Value by Distribution Channel (USD m),

10 1. Introduction 1.1 What is this Report About? This report is the result of Canadean s extensive market research covering the Syrups & Spreads Market in India. It provides detailed segmentation of historic and future Syrups & Spreads Market, covering key categories and segments. As such the report is an essential tool for companies active across the Syrups & Spreads industry and for new players considering entry into India s Syrups & Spreads market. 1.2 Definitions All the data is collected in volume terms. Syrups & Spreads Market refers to domestic Market only and includes imports. Please note that rounding errors may occur This report provides 2012 actual sales; while forecasts are provided for Category Definitions Table 1: Category Definitions - Syrups & Spreads Market Category Segment Definition Jams, Jellies & Preserves Jams A preserve made of crushed fruit e.g. Robertson's Classic Strawberry Jam. Includes jellies, which are preserves made from fruit juice. Does not include marmalade. Molasses Marmalade Preserves A preserve made of the pulp and rind of citrus fruits e.g. Golden Shred Marmalade Fruit preserves are preparations of fruits, vegetables and sugar, often canned or sealed for long-term storage Molasses - sugar-based liquid sweet spreads which are similar to treacles and syrups. To avoid doubt these will always be termed "molasses" on product labels. Savory Spreads Beef/Yeast Based All savory spreads. Primary examples include beef/yeast based (e.g.marmite, Vegemite); pastes and spreads (a mixture of foodstuffs that have been ground/ reduced into a smooth mass); Pate (liver meat or fowl finely ground or minced, variously seasoned); and sandwich spreads (products specifically designed as a sandwich filler) Meat & Fish Pastes Sandwich Fillers Pastes is when fish or meat is chemically treated to form a smooth consistency like a paste. Examles include Ayam spread - Salmon (Singapore) Spreads that are added to food like sandwiches or breads/rolls to add a flavour to it. It s a thick paste that is beaten to be consistent. Does not include dips. Example sinclude Best Foods Sandwich Spread Relish (USA) and Heinz Original Sandwich Spread (UK) Sweet Spreads Chocolate Spreads All sweet spreads that contain chocolate or chocolate flavoring e.g Nutella. Includes chocolate-and-nut spreads. 10

11 Table 1: Category Definitions - Syrups & Spreads Market Category Segment Definition Honey Nut-Based Spreads A sweet yellow syrup made from nectar by bees. Includes liquid and solid honey e.g. Golden Blossom, Sue Bee's and Gale's Traditional Clear Honey All other nut-based spreads including Peanut Butter. Syrups Syrups - technically different to molasses these are sugar based liquid sweet spreads. Includes Golden syrups and treacle. To avoid doubt products are labelled either "syrups" or "treacles". 11

12 1.2.3 Distribution Channel Definitions Table 2: Distribution Channel Definitions - Syrups & Spreads Market Distribution Channel Cash & carries & warehouse clubs (Cash & Carry) Discount, variety store & general merchandise retailers (Dollar Stores) Convenience stores & gas stations (Convenience stores) Department stores (Department stores) Hypermarkets & supermarkets (Hyper/ Super Markets) Vending machines (Vending machines) Drug stores & Pharmacies (Pharmacies) Food & drinks specialists (Food & drinks specialists) eretailers (eretailers) Health & Beauty Stores Other general retailers (Others) Definition Cash & carries sell from a wholesale warehouse to customers (small retailers, professional users) who pay on the spot and transport goods away themselves. Warehouse clubs are no-frills stores that sell discounted goods to members who pay an annual fee. Delivered wholesale sales are not included. In our data only sales from these stores direct to the public (for example through work place deals allowing otherwise regular consumers to shop there) are covered. Example: Makro, Metro, Costco, Sams Club Dollar Stores, Variety Stores & General Merchandise Retailers - A variety store or pricepoint retailer (including Dollar stores) is a retail store that sells inexpensive items, often with a single price for all items in the store, or a general low price policy. Typical merchandise includes cleaning supplies, toys, household goods and gardening equipment, basic foods and beverages. A general store, general merchandise store, or small town store carries a (broad) general line of merchandise, often in a medium (and sometimes small) store format, serving the needs of either the surrounding town or rural area. They differ from convenience stores or corner shops in that it will be the main shop for the community rather than a convenient supplement and typically carries a broader product line. Example: 9 to 9 Dollar Shop. Convenience Stores - Includes all sales through stores of an area generally less than 300 sq m, that specialize in a limited range of food & grocery products designed primarily for consumers with top-up shopping needs. Also includes sales in retail outlets attached to gas stations, where fuel is the main revenue driver, kiosks, and newsstands. This also includes small independent retailers, particularly those present in countries such as China and India. Department Stores - Includes all sales through multi-category retailers, focusing primarily on non-grocery categories with distinct departments specializing in defined product areas. Examples include Bloomingdale's, Macy's, John Lewis and El Corte Ingles. Hypermarkets& Supermarkets (incl. discounters) - Hypermarkets/mass merchandisers include all sales through retailers with floor area over 2,500 sq m that carry full lines of both grocery and general merchandise (e.g. Walmart). Supermarkets include all sales through retailers with a floor area of 300 sq m -2,500 sq m that offer a wide, departmentalized range of groceries, and may carry some general merchandise lines (e.g. Sainsbury's, Kroger). It also includes hard grocery discounters such as Walmart. Vending machines - Includes paid-for sales from all vending machines not located within a store (e.g. public places, workplaces, pubs & Bars). Drug stores & Pharmacies - Stores licensed to dispense prescription (Rx) and over-thecounter (OTC) healthcare products and where these sales account for the majority of revenues. Also known as Drug store and Health store. This channel does not include supermarkets with pharmacy counters. Example: Hetro and Apollo pharmacies in India. Food & drinks specialists - Includes bakers, butchers, delicatessens, drinks specialists, fishmongers, greengrocers, Food & drinks only stores, and single category stores (e.g. stores selling only cheese, or only olives, or only honey, or only Confectionery products) Example : Amul Dairy shops In India. eretailers - Includes all sales that take place over the internet, irrespective of whether the vendor is a pure-play internet company or the online offering of a physical retailer. Example: Amazon, SPAR and FutureBazaar.com in India. Retailers that generate the majority of their revenue through a specific product type. In the personal care market, this includes specialist stores other than drugstores. Example: Boots in UK, Himalaya In India. Others - Includes other generalist retail channels not included in the categories above (e.g. market traders, charity stores, student union stores, direct sales, and Duty Free shops). 12

13 1.2.4 Volume Units and Aggregations Table 3: Volume Units for Syrups & Spreads Market Category Segment Units Syrups & Spreads Jams, Jellies & Preserves Kg m Molasses Savory Spreads Sweet Spreads Syrups Kg m Kg m Kg m Kg m CAGR Definition and Calculation Compound Annual Growth Rate (CAGR) is the year-over-year growth rate of a value over a specified period of time. For this report, CAGR for historic time period is Calculated from , as CAGR = (( 2012 Value / 2007 Value ) ^ ( 1 / ( )) ) - 1 CAGR for forecast time period is Calculated from , as CAGR = (( 2017 Value / 2012 Value ) ^ ( 1 / ( )) ) - 1 For Brand Analysis and Distribution Channel Analysis, CAGR is Calculated from , as CAGR = (( 2012 Value / 2009 Value ) ^ ( 1 / ( )) ) Graphical representation of Brands Top 10 brands are considered for each category in the market subject to availability of such data. Brand analysis charts are displayed only for categories where data is available for more than two brands. 13

14 1.2.7 Exchange Rates All research is conducted in local currency in nominal prices. US dollar conversions for all historic data and for the latest year of actual data (2012 in this report) are made using an annual average exchange rate. For details please refer to table below. As we do not forecast exchange rates, the forecast data (from 2013 to 2017) is converted using a fixed 2012 exchange rate. As a result, annual growth rates for historic data will differ between local currencies and US dollar conversions, whereas they will be the same for forecasts. Table 4: India Exchange Rate LCU (Local Currency Unit) USD (Annual Average), Currency LCU USD Methodology Summary In order to create the data for all the reports in this series and ensure its robustness, a comprehensive and empirically robust research methodology has been adopted. This combines both a large-scale program of industry research with the results of extensive primary industry interviewing and calling. Furthermore, all definitions are standardized across products and countries to ensure comparability. The two main research methods, secondary research and primary research (the program of interviewing industry contacts), are brought together and because both sets of research processes have been designed in conjunction with each other they can be combined and consolidated into the final, integrated data sets. The secondary research process involves covering publicly available sources, trade associations, specialist databases, company annual reports, and industry publications. While primary research involves a major program of interviewing leading industry executives for each category covered in each country all with local country experts; typically brand, product and marketing managers for major brands within each country. These processes help analysts in capturing both qualitative and quantitative information about the market. The final stage of the process is the triangulation of inputs obtained from all the research methods with the analyst s own understanding of the market in order to finalize the data. Once the data is finalized, it goes through various top level quality checks prior to publishing. 14

15 2. India Syrups & Spreads Market Analysis, Syrups & Spreads Value Analysis, Overall Syrups & Spreads Market Value, Table 5: India Syrups & Spreads Market Value (LCU m) and Growth (Y-o-Y), Market Value Y-o-Y growth Table 6: India Syrups & Spreads Market Value (USD m) and Growth (Y-o-Y), Market Value Y-o-Y growth 15

16 Syrups & Spreads Market Value (LCU m) Growth % (Y-O-Y) The Future of the Syrups & Spreads Market in India to 2017 Figure 1: India Syrups & Spreads Market Value (LCU m) and Growth (Y-o-Y), Market Value Y-O-Y growth % 16

17 2.1.2 Syrups & Spreads Market Value by Category, Table 7: India Syrups & Spreads Market Value (LCU m) by Category, Category Jams, Jellies & Preserves CAGR Molasses Savory Spreads Sweet Spreads Syrups Overall Table 8: India Syrups & Spreads Market Value (LCU m) by Category, Category Jams, Jellies & Preserves CAGR Molasses Savory Spreads Sweet Spreads Syrups Overall 17

18 Table 9: India Syrups & Spreads Market Value (USD m) by Category, Category Jams, Jellies & Preserves CAGR Molasses Savory Spreads Sweet Spreads Syrups Overall Table 10: India Syrups & Spreads Market Value (USD m) by Category, Category Jams, Jellies & Preserves CAGR Molasses Savory Spreads Sweet Spreads Syrups Overall 18

19 Syrups & Spreads Market Value by Category (LCU m) The Future of the Syrups & Spreads Market in India to 2017 Figure 2: India Syrups & Spreads Market Value (LCU m) by Category, Syrups Sweet Spreads Savory Spreads Molasses Jams, Jellies & Preserves

20 Syrups & Spreads Growth (% CAGR) The Future of the Syrups & Spreads Market in India to Market Growth Dynamics by Value Syrups & Spreads, Table 11: India Syrups & Spreads Market Dynamics: past and future growth rates ( & ) and market size (2007, 2012 & 2017), by Category, by Value (LCU m) Category CAGR CAGR Jams, Jellies & Preserves Molasses Savory Spreads Sweet Spreads Syrups Overall Market Size 2007 Market Size 2012 Market Size 2017 Figure 3: India Syrups & Spreads Market Dynamics, by Category, by Market Value, Jams, Jellies & Preserves Sweet Spreads Savory Spreads Molasses Syrups Syrups & Spreads Growth (% CAGR) 20