Lakhan Goenka

Spices Exports from India 2023-24  - An analysis. India is one of the largest exporters of spices in the world. The country offers a wide range of spices that are known for their quality, aroma, and flavor. Here is an overview of the spice export scenario from India for the fiscal year 2023-24: Key Spices Exported Black Pepper Chili Cumin Turmeric Cardamom (Small and Large) Key Factors Driving Exports: Quality and Variety: India produces a wide variety of high-quality spices. Government Initiatives: The Indian government supports spice exports through various schemes and incentives. Global Demand: Increasing demand for Indian spices in international markets. Certification and Standards: Adherence to international quality standards and certification (ISO, HACCP). Challenges Quality Control: Maintaining consistent quality and meeting international standards. Climate Change: Impact on spice cultivation due to changing weather patterns. Pest and Disease Management: Ensuring pest-free and disease-free produce. Logistics: Efficient supply chain and transportation to meet global demand. Export Statistics (Hypothetical Data for 2023-24) Total Export Volume: Approximately 1.2 million tonnes. Total Export Value: Estimated at USD 3.5 billion. Top Exported Spice: Chili, followed by cumin and turmeric. India continues to be a dominant player in the global spice market, leveraging its rich heritage, diverse climate, and advanced agricultural practices to meet the growing international demand for spices.

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FSSAI directs Food Business Operators to remove claim of 100% Fruit Juices from label, ads Link in the comments FSSAI Publication Revant Himatsingka (Food Pharmer) #mediabrief #FSSAI #FoodPharmer #RevantHimatsingka #FoodBusinessOperators #foodpharmer #FoodBusinessOperators #FBOs #FoodSafetyAndStandards #FoodSafetyAndStandardsAuthorityOfIndia #reconstitutedfruitjuices #marketing #media

𝗚 𝗠 𝗕𝗿𝗲𝘄𝗲𝗿𝗶𝗲𝘀 𝗟𝘁𝗱., 𝘁𝗵𝗲 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝗰𝗼𝘂𝗻𝘁𝗿𝘆 𝗹𝗶𝗾𝘂𝗼𝗿 𝗺𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗲𝗿 𝗶𝗻 𝗠𝗮𝗵𝗮𝗿𝗮𝘀𝗵𝘁𝗿𝗮, has a strong portfolio with popular brands like G.M. Santra and G.M. Doctor. With a 𝐦𝐚𝐫𝐤𝐞𝐭 𝐜𝐚𝐩𝐢𝐭𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 ₹𝟏𝟗.𝟔𝟒𝐁 𝐚𝐧𝐝 𝐬𝐭𝐞𝐚𝐝𝐲 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐠𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 ₹𝟔.𝟏𝟓𝐁 𝐢𝐧 𝐅𝐘𝟐𝟑, the company continues to lead in the alcoholic beverages sector. Despite facing a decline in PAT and cash flow, G M Breweries is exploring opportunities to expand its market beyond Maharashtra and diversify into non-alcoholic beverages. With digital growth and strategic partnerships on the horizon, the company remains well-positioned for future growth. 💡 For more insights on G M Breweries and market trends, visit FinanceShastra! https://lnkd.in/dZcWmJ-p #AlcoholicBeverages #MarketAnalysis #GMBreweries #FinanceShastra #StockMarket #Investment #MarketAnalysis #InvestorRelations #FinancialHealth #InvestmentOpportunities #MarketLeadership #Growth

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Sanjeev Banga, President - International Business, Radico Khaitan Limited, applauds TPCI and government bodies for including Indian beverage alcohol in Indusfood. He emphasizes that showcasing beverage alcohol completes the F&B category, aligning with global practices seen in countries like Scotland, Japan, and France. With strong expectations for this year, he envisions Indusfood evolving into the most prominent food and beverage show globally, attracting buyers and importers from across the world. #Indusfood | #TPCI | #Beverage | #IndianBrands | #GlobalTrade | #Food | #foodAndBeverage | #InternationalBusiness | #ExportOpportunities | #GlobalNetworking Trade Promotion Council of India | Indo Canada Chamber of Commerce | Indo-German Chamber of Commerce | Australia India Chamber of Commerce (AICC) | Indo-American Chamber of Commerce, India | US India Chamber of Commerce DFW | U.S. Embassy India | Embassy of India in Riyadh | Embassy of India Copenhagen | Embassy of India to Sweden & Latvia | Embassy of India, Helsinki | Embassy of India, Abu Dhabi, UAE | Ministry of Commerce and Industry, Government of India | International Spirits & Wines Association of India | Ind Food & Beverage Association

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Homegrown Indian liquor makers are mulling approaching food & beverages regulator FSSAI for a separate standard for the Indian single malt whisky that is rapidly scaling with the ongoing trend of premiumisation and has won several prestigious international awards. This will help maintain the sanctity and reputation of Indian single malt whisky -- now exported to 60 countries -- and Indian producers are discussing the move, according to CONFEDERATION OF INDIAN ALCOHOLIC BEVERAGE COMPANIES (CIABC), the industry body of domestic AlcoBev manufacturers. Read more at: https://lnkd.in/gM6-z_9X #singlemaltwhisky #CIABC #alcobev #liquor #foodandbeverages #etretail #latestnews

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🗞️ Nestlé Under FSSAI Scrutiny Over High Sugar Content in Baby Food Read more👇 https://lnkd.in/gHQ5gbQf #foodtechnology #foodscience #foodengineering #foodmanufacturing #foodscienceandtechnology #foodtechnologist #foodtechnetwork #foodsafety #foodindustry #foodindustryjobs #foodindustryjob #foodtech #foodsafetymanagementsystem #foodandbeverageindustry

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Hindustan Coca-Cola Beverages has agreed to sell its bottling operations in the Indian state of Jharkhand to Moon Beverages Ltd. https://lnkd.in/eYmDjVym

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DRRK Foods, the manufacturer and marketer of #CrownBasmatiRice has invested Rs 20 crores to establish a facility near #Mundra port, expected to be operational by February 2025. Click on the link below to know more... DRRK FOODS PRIVATE LIMITED I Amit Marwaha #facility #newunit #ricepacking #DRRKFoods #retailindustry #retailgrowth #retailing #businessgrowth #Indianretailmarket #retailresults #retailindia #retailupdates #retailsectornews #businessnews  #retailbusiness #ir #IndiaRetailing

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In the global beverage industry, there were 57 M&A deals announced in Q1 2024, worth a total value of $223m, according to GlobalData’s Deals Database. The $130m acquisition of Coca-Cola Bangladesh Beverages by CCI International Holland and Coca-Cola Icecek was the industry’s largest disclosed deal. In the Indian beverage industry, there were 3 M&A deals announced in Q1 2024, worth a total value of $29.1m, according to GlobalData's Deals Database. The $24.7m minority acquisition of B9 Beverages by Kirin was the industry's largest disclosed deal. With things heating up in the Industry, there are three distinct possibilities that emerge out of the Q1 2024 developments : 1️⃣ Emerging Market Focus: The dominance of M&A activity in emerging markets like Bangladesh and India signals a strategic shift towards capturing growth opportunities in these regions. With rising disposable incomes and evolving consumer preferences, multinational beverage companies are increasingly targeting emerging markets for expansion. The acquisition of Coca-Cola Bangladesh Beverages and B9 Beverages by international players underscores the importance of establishing a strong foothold in these high-growth markets to drive revenue and market share growth. 2️⃣ Diversification and Portfolio Enhancement: The diversity of M&A deals, ranging from large-scale acquisitions to minority stakes, highlights the industry's focus on portfolio diversification and enhancement. Companies are not only seeking to bolster their core businesses but also exploring opportunities in adjacent segments or emerging beverage categories. 3️⃣ Consolidation and Competition: The flurry of M&A activity underscores the ongoing consolidation within the beverage industry as companies seek to consolidate market share, streamline operations, and achieve economies of scale. With increasing competition and evolving consumer preferences, companies are pursuing strategic acquisitions to stay ahead in the market and drive innovation. The relatively smaller size of M&A deals in the Indian beverage industry compared to the global market reflects the fragmented nature of the Indian beverage landscape and the opportunities it presents for consolidation and market penetration by both domestic and international players. The evolving landscape of the global beverage industry is certainly brewing up some interesting changes and will push for consolidation that will drive growth and competitiveness. #beverages #globaltrends #industryinsight Catch up on the news here : https://lnkd.in/dmVj4twb 

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Flavor market in India The flavor market in India has seen significant growth and evolution, influenced by a diverse culinary culture, increasing consumer awareness towards health, and the booming food processing industry. Here are some key details regarding the flavor market in India: Market Overview: Market Size and Growth: The India flavors market was valued at around INR 4,287 Crore in 2023. It is expected to reach INR 8,100 Crore by 2032, growing at a Compound Annual Growth Rate (CAGR) of approximately 7.1% during 2024-2032. This growth is driven by the demand for unique and exotic taste experiences, advancements in flavor technology, and the expansion of the food and beverage industry. Market Segmentation: By Product Type: Natural Flavors: There is an increasing preference for natural flavors derived from spices, herbs, fruits, and vegetables. This segment is growing due to health consciousness among consumers. Artificial Flavors: Still significant in the market, especially in mass-produced food products, though facing scrutiny due to health concerns. Nature Identical Flavors: A middle ground offering between natural and artificial, providing sensory experiences similar to natural flavors. By Form: Liquid: Used in beverages, dairy, and some confectionery. Dry: Preferred in baking, snacks, and dry mix products for ease of use and stability. By Application: Beverages: One of the largest segments due to the popularity of flavored drinks like juices, carbonated drinks, and health drinks. Savouries and Snacks: Includes snacks with ethnic and western flavors. Confectionery Products: Utilizes flavors extensively to differentiate products. Bakery Products: Increasing use of flavors to meet consumer demand for variety. Dairy and Frozen Desserts: Flavors enhance the appeal of ice creams, yogurts, etc. Key Drivers: Health and Wellness Trends: A shift towards natural and healthier flavor options. Innovation in Food Products: Continuous innovation in flavor profiles to cater to the evolving palate of Indian consumers. Urbanization and Changing Lifestyles: Increased demand for convenience foods, which rely on flavors for taste enhancement. Regulatory Framework: The Food Safety and Standards Authority of India (FSSAI) has stringent norms influencing the quality and type of flavors used.

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Hindustan Coca-Cola Beverages (HCCB), a bottling company owned by Coca-Cola India , is planning an initial public offering (IPO), banking on the promising growth opportunities in India, as shared by executives familiar with the matter. "The listing plans are currently being discussed internally, and HCCB has begun exploring potential bankers to lay the groundwork for the listing," shared one of the executives. Beverages are outperforming other fast-moving consumer goods (FMCG) categories due to their "under-penetration" and affordable price points, according to another source. A specific date for the listing has not been determined yet, but the company is optimistic about India's prospects, considering it a key market for growth. He further noted that the country is experiencing an IPO surge due to market confidence in its status as the fastest-growing economy. Read full story here: https://lnkd.in/gq5vfcvr #beverages #beverageindustry #ipo Ashu Agrawal

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Food Marketing &Technology Magazine, India (FMT)’ an Indian edition of a respected German Publication Dr. Harnisch, is bringing out F&B Resource Book 2024. F&B Resource Book 2024 is a comprehensive guide to food and beverage industry. It will be a compilation of suppliers be it equipment, ingredients or services. It is a tool to connect buyers with sellers through print and online versions. You may find more than 5000+ data from food industries with complete details and 500+pages and F&B Resource Book will be available online for companies to do business seamlessly. Sample version is in this drive https://lnkd.in/gKSMx7sy #f&b #Resourcebook #data #foodindustries #suppliers #ingredients

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Varun Beverages Ltd (VBL), PepsiCo’s largest franchise bottler, on Tuesday, reported a 22.33% rise in consolidated net profit at Rs 628.82 crore for the September quarter driven by volume growth and improved margins. VARUN BEVERAGES LIMITED Click on the link below to know more..... #retailnews #retailtrrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

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Mother Dairy Fruit & Vegetable Pvt. Ltd., a leading dairy brand in India, has partnered with Bharat Organics as its exclusive distribution partner. This collaboration marks a significant step in Mother Dairy's expansion into the organic food segment, leveraging its robust distribution network to bring Bharat Organics' range of premium organic products to a wider audience. The partnership aligns with the growing consumer demand for healthy and sustainable food options. #MotherDairy #partnership #collaboration

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Gujarat Co-operative Milk Marketing Federation Ltd (#GCMMF), which sells dairy products under the #Amul brand, is expecting double-digit growth in revenue during this fiscal on strong demand, its MD Jayen Mehta said. Click on the link below to know more... Amul (GCMMF) I Amul India I Jayen Mehta #revenuegrowth #dairybrand #retailindustry #retailgrowth #retailing #businessgrowth #Indianretailmarket #retailresults #retailindia #retailupdates #retailsectornews #businessnews  #retailbusiness #ir #IndiaRetailing

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Proost Beer (Grano69 Beverages), the Delhi-based craft beer startup co-founded by Tarun Bhargava and Vijay P. Sharma, has successfully raised Rs 30 crore in its ongoing Series A funding round. Co-led by Chimes Group and Srinivasan Namala, the round also saw participation from Hyderabad Angels, The Chennai Angels, and other HNIs. The company plans to use the funds to strengthen its supply chain, expand into new markets, and enhance its product portfolio. Known for its premium quality, low-bitter beers, Proost aims to capture a 5% share of the Indian beer market by 2030. The brand competes with major players like Bira 91 and Simba. #Proost #CraftBeer #SeriesAFunding #StartupGrowth #BeerInnovation #ChimesGroup #SrinivasanNamala #StartupFunding #IndianStartups #BeerIndustry #PremiumBeer #MarketExpansion #Startup77

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Temasek, a Singapore-based global investment firm, is set to acquire a minority stake in Haldiram Snacks Foods Private Ltd after over 18 months of negotiations, according to a Moneycontrol report. The Delhi and Nagpur families of Haldiram Snacks have finalized a term sheet with Temasek following binding bid submissions, marking a significant step in the deal process. This pre-IPO deal values Haldiram Snacks at $10-$11 billion, with Temasek eyeing less than 10% equity. Haldiram Snacks Pvt.Ltd.

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