Deoki Muchhal, Managing Director of Cargill’s food business in India, speaks to Progressive Grocer about the trends and developments that are shaping the bakery industry in India and the opportunities it presents for manufacturers and retailers.
What is the current status of the bakery industry in India and how do you look at its future prospects?
The bakery industry today is evolving rapidly and it is currently a fusion of traditional products with western bakery concepts. With end consumers becoming increasingly important, the focus is on creating good experiences for them by increasing the touch points for greater engagement – be it in the form of cafes or mini eateries or even departmental stores, which allows for sampling and offering all meals of the day. Consumers are more conscious than ever before, and this has resulted in greater demand for quality ingredients, including fats besides making bakers more conscious as well.
Which consumption trends in the bakery category would you like to highlight?
Baked goods have always been popular among the consumers, especially breads and cookies as they are readily available and easy to consume on the go. The consumption of bakery goods depends majorly upon the availability, flavor, health quotient and innovation. As consumers are becoming more curious and open towards food experimentation, the consumption of baked products has increased manifold. Now, if you observe, one-third of any sweet shop is now filled with baked goods. Thus, artisan bakers have a wider platform to showcase new techniques and expand their consumer base. Seeing this growing trend, home bakers and bakery outlets have also increased in the country, in the last few years.
How do you see the bakery market in India developing for value-added products?
Continue reading your story on the app
Continue reading your story in the magazine
On the Menu
RETAIL FOODSERVICE EQUIPMENT INNOVATIONS ARE KEEPING PACE WITH GROWING CONSUMER DEMAND.
Kwality Foods: Reviving Ancient Immunity Boosting Capabilities
From a humble family-run business to becoming a leading manufacturer of spices and masalas, Kwality Foods has come a long way. The company offers the widest range of more than 50+ products in 155+ different pack sizes to satisfy all that a homemaker needs, all the while thinking of the consumer’s convenience.
Room for E-Commerce Improvement
CLOSE THE PICKUP AND DELIVERY GAP IN 2021.
MagSon® Eyes ₹120 Crore, To Add 30 More Stores Over the Next 2 Years
WITH OVER A DECADE OF EXCELLENCE IN UNDERSTANDING CUSTOMER NEEDS AND DELIVERING EXCELLENT FROZEN AND GOURMET FOODS TO CONSUMERS, MAGSON® HAS EARNED A REPUTATION FOR OFFERING FRESH AND HIGH QUALITY PRODUCTS AT BEST PRICES. DUE TO THIS, IT IS FAST BECOMING THE FOOD RETAILER OF CHOICE FOR EXPATRIATES, NRIS, TOURISTS AND GLOBAL FOOD ENTHUSIASTS ALIKE…
Getting Prices Right in 2021
NEW TECHNOLOGY ISN’T THE ONLY THING FOOD RETAILERS NEED FOR BETTER OPTIMIZATION.
THE FOOD AND CONSUMABLES INDUSTRY CONTINUES TO DEVELOP ITS POLICIES REGARDING THE LGBTQ+ COMMUNITY.
Two Masks Is the New Mask
What retailers need to know about PPE, sanitation and COVID-19 in 2021.
Empire Spices & Food Ltd: Enhancing Consumer Convenience by Using Technology for Product Innovation
ESTABLISHED IN 1994, EMPIRE SPICES & FOODS LTD IS A FOOD PROCESSING AND MANUFACTURING COMPANY BASED IN NASHIK, MAHARASHTRA. THE BRAND IS A PROFESSIONALLY MANAGED FAMILY BUSINESS ORGANISATION AND THEIR PRODUCTS CATER TO THE EVERYDAY CULINARY NEEDS OF THE MASSES. IN A EXCLUSIVE INTERACTION WITH PROGRESSIVE GROCER, ANAND RATHI, DIRECTOR, EMPIRE SPICES & FOODS LIMITED TALKS ABOUT THE BRAND JOURNEY, ACHIEVEMENTS AND FUTURE ROADMAP.
Consumers Shift to Immunity Boosting Foods as the Pandemic Rages Unabated
RECENT SCIENTIFIC DEVELOPMENTS IN THE FIELD OF BOTANICALS TO IMPROVE IMMUNE HEALTH HAVE CREATED AN OPPORTUNITY FOR MAJOR BRANDS AS WELL AS STARTUPS TO LAUNCH PRODUCTS CONTAINING THESE INGREDIENTS...
All Natural Nutrition Energy Bar Co, Happy Bars Celebrates The Sale of ‘One Millionth Bar'
HAPPY BAR, THE ALL NATURAL NUTRITION ENERGY BAR IS CELEBRATING THE SALE OF ‘ONE MILLION BARS’ IN THE MARKET. THE FLAGSHIP PRODUCT OF FITSPORT NUTRITION FOODS, WITH ‘NO SUGAR AND NO PRESERVATIVES’ AT ALL, IS TURNING OUT TO BE THE NEXT BIG THING FOR THE CONSUMERS WHO GIVE PREFERENCE TO HEALTH AND NUTRITION DESPITE THEIR BUSY SCHEDULES.
$1,400 STIMULUS CHECKS HELPED MARCH RETAIL SALES SOAR 9.8%
Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month, buying new clothes and going out to eat again.
BIG-BUSINESS PUSHBACK AGAINST VOTING MEASURES GAINS MOMENTUM
Big business has ratcheted up its objections to proposals that would make it harder to vote, with several hundred companies and executives signing a new statement opposing “any discriminatory legislation.”
THE DISABLED HOPE THEIR OSCAR MOMENT CAN BECOME A MOVEMENT
Right down to its production design, the Oscars have not always felt like the most welcoming place for the disabled.
A $1.2 BILLION LOSS FOR DELTA, BUT RECOVERY IS ON THE RADAR
Delta Air Lines lost $1.2 billion in the first quarter, more than expected, but executives said Thursday that the airline could be profitable by late summer if the budding recovery in air travel continues.
USERS COULD SOON HIDE ‘LIKE' COUNTS ON INSTAGRAM, FACEBOOK
The tiny red hearts that appear under Instagram photos of kids, kittens and sandwiches can be a source of stress for many users, an insidious way of measuring self-worth and popularity.
DRIVERS WANTED: RECORD DEMAND AT UBER AS VACCINATIONS RISE
Uber is offering sign-up bonuses and other incentives for drivers as it faces record demand for rides and meal delivery.
US RECOMMENDS ‘PAUSE' FOR J&J SHOTS IN BLOW TO VACCINE DRIVE
The U.S. recommended a “pause” in use of the single-dose Johnson & Johnson COVID-19 vaccine to investigate reports of rare but potentially dangerous blood clots, setting off a chain reaction worldwide and dealing a setback to the global vaccination campaign.
COINBASE SOARS IN MARKET DEBUT, VALUED NEAR $86 BILLION
Coinbase made a rousing debut on Wall Street Wednesday, with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion.
GOOGLE EARTH ADDS TIME LAPSE VIDEO TO DEPICT CLIMATE CHANGE
The Google Earth app is adding a new video feature that draws upon nearly four decades of satellite imagery to vividly illustrate how climate change has affected glaciers, beaches, forests and other places around the world.
The Food Fight in Fake Meat
Beyond Meat was an early leader. But rival Impossible Foods and others want to eat its lunch