CATEGORIES

India's Nutraceutical Market To Reach 8.5 Billion USD By 2022

Thanks to the burgeoning affluent middle class that is increasingly becoming health conscious and aware of the positive impact of using dietary supplements, the nutraceutical market in India is on the cusp of a breakout. This new health phenomenon among young Indians is encouraging many international and local players to enter the nutraceutical segment whose percentage share of the overall health and wellness market is growing at a rapid clip.

​​​​​​​Treasure Hunt

Understand customers by tracking their paths through the store.

Bottled Fresh, Pickled And Preserved

Neo Foods specializes in pickled and preserved fruits and vegetables grown under contract farming and is revolutionizing the way we use ingredients to flavour our food. With an average growth of more than 20% per year, the company has a large footprint in the Indian market besides also expanding overseas. Progressive Grocer spoke to Director Shalini Jalan and India Business Head Ashok Sinha on how Neo Foods has succeeded in winning new markets for its products and the importance of balancing different retail channels.

From Dealing In Dairy To More

A company dedicated to delivering high-quality products for daily needs, Kutwal Foods Private Limited succeeds in providing an exemplary retail experience through their flagship store brand ‘MyUrja’. The self-motivated duo of brothers and founders Ram and Prakash Kutwal began operations in 2002. Ram Kutwal speaks to Progressive Grocer about the impressive growth curve the brand has seen, innovative additions made to their vibrant product line and retail outlets, and the importance of ethical business practices in ensuring customer-centric growth and innovation strategy.

Technology: Knight In Shining Armour For Retail Businesses

With the increasing globalization of retailing, both in terms of points-of-sale and points-of-supply, the use of information technology in the retail sector is unquestionable. A good technology platform is indispensable to manage the compete supply chain and helps avert leakages at various touch points, right from the big brand, the retailer or distributor to the end consumer. Smaller retailers can’t afford to neglect the usage of technology and must respond to the evolving marketplace with enhanced speed and flexibility.

Providing Baked Snack Products For Health-Conscious Millennials

Lovely Bake Studio, a premier European inspired bakery, offers an unmatched range of 100% eggless delicacies to its customers.

“Pack To Order” Of Fruits Offers More Value To The Modern Retailer

The unique selling proposition of ‘Pack to order’ is supplying produceas per customized format from the source itself.

Customer Experience And Marketing Trends Ahead

In 2017, chatbots and artificial intelligence were in the spotlight of all the tech, e-commerce and marketing media. So, where are we on the subject at the beginning of this year? What should we expect in 2018 going ahead? What are the customer experience and marketing trends? Here’s a look at the latest four customer engagement trends.

Redefining Ayurveda In The Era Of Modernization

Sri Sri Tattva focuses on transforming lives by offering health and wellness solutions through Ayurveda and health products as well as services. The brand carries an extensive range of 350+ excellent products that are researched extensively and formulated with the best technology and manufacturing practices.

A Value Retailer Pioneering Modern Trade In Small Towns And Cities

V-Mart – one of India’s largest value retailers – was incorporated as Varin Commercial Private Limited under the Companies Act in 2002 in West Bengal. A year later, it opened its first V-Mart store in Ahmedabad, Gujarat. Since then, V-Mart Retail stores have expanded and opened in prime states and cities such as Bihar, Chandigarh, Gujarat, Haryana, Jammu and Kashmir, Madhya Pradesh, New Delhi, Punjab, Rajasthan, Uttarakhand and Uttar Pradesh. V-Mart Retail has been a pioneer in setting up modern ambience stores equivalent to large retail malls across various small towns and cities like Sultanpur, Ujjain, Motihari and many more such places.

Here's To Summer

The return of warm weather means exciting seasonal beer and wine products and promotions.

New Consumer Trends To Keep An Eye On

Marketers are charging ahead in trying to understand more about Gen Z’s shopping preferences in an attempt to start building brand loyalty and a relationship with this digital generation.

Inspiring Operators

A McKinsey report details strategies for a fast-changing grocery landscape. Independent grocers have already put many of them into practice.

Health Needs Of The Future

Four educated guesses on what grocers should expect.

Building Newage Brands In The Social-digital Age

In an age when consumer feedback to a product is swift and sharp, brands need to be quick-footed and act with decisiveness and agility to ensure sustenance and growth.

Breakfast Bonanza

With consumers demanding greater choice, convenience and health benefits in their morning eating occasion, India’s growing breakfast foods market is spurring innovation in many forms – new formulations, flavours and formats.

E-Grocery: Hyperlocal Or Inventory Based?

The e-grocery segment is currently at a stage where the leading companies are trying out different models around grocery delivery: inventory-based and hyperlocal models. Companies that can blend the convenience and swiftness of buying groceries online with the customized, credible, and secure transactional experience of offline shopping will eventually grab a major share in the Indian grocery market.

Alive And Kicking

Center store isn’t dead — but it does need a creative boost.

Bringing More Variations In Superfoods And Confectioneries

Zain Virjee, Founder of Dryfruit Mart, an online store for dry fruits, dried fruits,healthy nuts, healthy mix, healthy seeds, dates, sweets and mints, speaks to Progressive Grocer about the opportunities and challenges of online food retailing and his plans for ramping up business through quality adherence of products and price affordability.

App Quest

Success has been spotty, but progress is being made.

New Mantra For Retail – Social Media, Personalization...

With social media growing in importance and becoming increasingly influential amongst the younger demographics, brands and retailers would do well to encourage people to create and share user generated content, and engage with shoppers via social media.

Shri Kannan Departmental Stores Powers Ahead With A Customer Centric Visionary Approach

“Retailing is a tough and competitive business but we have been able to reap good profits,” says T. Thanushgaran, Chairman, Kannan Departmental Store, which operates 32 stores in Tamil Nadu spanning 7,67,452 sq. ft. of retailing area across convenience, supermarket, hypermarket and wholesale formats, apart from its warehouses and corporate offices . Progressive Grocer brings you the inside story of the company’s growth journey, its fastest-selling product categories, the new and emerging categories at its stores that has propelled the company into becoming a major retailing force in south India.

Helping Shoppers With New Year's Resolutions

Retail dietitians can encourage consumers to make healthy-lifestyle modifications.

Clear And Captivating

Grocers desiring repeat ecommerce customers must provide content that is accurate and makes shopping more convenient and personalized.

Vegetarians, Bring It On

The demand for proteins in India, for food and feed, is expected to increase significantly in the next 5-10 years and there is great opportunity for the local industry to foray into plant proteins ingredients business as well as plant protein based food products. Seeing the attractiveness, quite a few Indian players from allied industry segments are entering into the plant proteins category.

How Technology Driven Features Are Assisting The Egg Retail Market To Grow

A newly launched egg sorting and sanitizing machine, a first of its kind in India, helps to deliver over five lakh sanitised (this is extremely important as an eggshell houses a lot of bacteria, even more than a toilet seat) eggs a day.

Papad Market Growing At 10%, Exports Rising By Over 30% Annually

Harshal Chheda, Proprietor and Director, Ganesh Papad, speaks to Progressive Grocer about the growth of papad market in India, the product’s impressive potential for exports and the ways in which manufacturers are bringing higher value to the category.

Benefits Of Buying From A B2B Marketplace

Why better prices and cheap deals are available on B2B marketplaces.

How Cloud Telephony Is Raising The Bar For Retail Industry

The Retail industry is evolving and adopting technologies at a faster rate than ever. To meet the higher benchmarks set by e-commerce, the sector has turned its back to the conventional ways of executing business processes. Retail stores have realized the power of automation. Of all the technologies that they are adopting, cloud telephony is has emerged as an innovative technology for the retail industry.

Increased Investments In India's Dairy Sector Is Driving Competition

Dairy is witnessing consistent growth in the consumption of value-added products such as flavoured milk drinks, lassi, curd and yoghurt. The Indian dairy market, though dominated by cooperatives, is also witnessing increased interest from financial institutions as an investment destination. Progressive Grocer spoke to Prashant Roy, Senior Research Analyst – Food & Nutrition at Euromonitor International and Dilip Radhakrishna, Research Analyst – Food & Nutrition at Euromonitor International about the trends and developments influencing the dairy industry in India and prospects ahead for its different product segments.