Market Overview:
The India cooking paste market size reached INR 441.6 Crore in 2023. Looking forward, IMARC Group expects the market to reach INR 2,244.6 Crore by 2032, exhibiting a growth rate (CAGR) of 19.21% during 2024-2032. The growing demand for organic and chemical-free products, wide availability through various distribution channels, and rising number of cafes, hotels, restaurants, bars, clubs, and pubs represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
INR 441.6 Crore |
Market Forecast in 2032
|
INR 2,244.6 Crore |
Market Growth Rate (2024-2032) |
19.21% |
Cooking paste is a thick and concentrated mixture of various ingredients, such as herbs, spices, oils, and aromatics, which is used to enhance the flavor of a dish. It comprises tomato, ginger, garlic, curry, pesto, fish, chili, tamarind, seed and nut, and fruit paste. It is a rich source of essential nutrients, such as proteins, vitamins, minerals, and fiber. It is cost-effective, convenient, easy to use, and eliminates the need to measure individual ingredients. It can be easily stored for a longer period and assists in enhancing the taste of dishes and reducing the time to chop, cut, and blend ingredients. As it also aids in preventing the risk of various diseases and infections by boosting immunity, the demand for cooking paste is rising in India.
India Cooking Paste Market Trends:
At present, the increasing adoption of cooking paste with no artificial chemicals and preservatives among working and health-conscious consumers represents one of the key factors contributing to the market growth in India. In addition, the growing demand for on-the-go products among consumers due to their hectic lifestyles and busy schedules is offering a positive market outlook in the country. Apart from this, the rising number of cafes, hotels, restaurants, bars, clubs, and pubs is providing lucrative growth opportunities to industry investors. Moreover, there is an increase in the demand for cost-effective, safe, and fresh food ingredients among individuals. This, coupled with the rising adoption of organic and natural cooking paste, is strengthening the growth of the market in India. Besides this, the growing demand for cooking paste due to the increasing adoption of Western culture is positively influencing the market in the country. Additionally, the wide availability of cooking paste through various distribution channels, such as hypermarkets, supermarkets, and convenience and online stores, is propelling the growth of the market. In line with this, the rising utilization of cooking paste for multiple dishes that provide authentic taste to consumers is impelling the growth of the market. Furthermore, the increasing adoption of garlic paste, as it has anti-inflammatory, antioxidative, antibacterial, and anticancer properties, is supporting the growth of the market in India.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the India cooking paste market, along with forecasts at the country level from 2024-2032. Our report has categorized the market based on pack size, packaging type, and distribution channel.
Pack Size Insights:
- Less Than 300 g
- 300 to 500 g
- More Than 500 g
The report has provided a detailed breakup and analysis of the India cooking paste market based on the pack size. This includes less than 300 g, 300 to 500 g, and more than 500 g. According to the report, less than 300 g represented the largest segment.
Packaging Type Insights:
A detailed breakup and analysis of the India cooking paste market based on the packaging type has also been provided in the report. This includes pouch, bottles, and others. According to the report, pouch accounted for the largest market share.
Distribution Channel Insights:
- Modern Trade
- General Trade
- Online / E-commerce
A detailed breakup and analysis of the India cooking paste market based on the distribution channel has also been provided in the report. This includes modern trade, general trade, and online / e-commerce. According to the report, general trade accounted for the largest market share.
Regional Insights:
- North India
- South India
- West & Central India
- East India
- Northeast India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, West & Central India, East India, and Northeast India. According to the report, North India was the largest market for cooking paste. Some of the factors driving the North India market included the growing demand for convenient and easy to use ingredients, rising influence of western culture, increasing utilization to provide authentic taste, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the India cooking paste market. Detailed profiles of all major companies have been provided. Some of the companies covered include Smith and Jones, Mother’s Recipe, Nilon’s Enterprises Pvt. Ltd, Dabur India Limited, Everest Foods, Aachi Foods, Catch Foods, Priya Foods, Swad Foods, Nestle, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
India Cooking Paste Market Report Scope:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
INR Crore |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Pack Size
- Packaging Type
- Distribution Channel
- Region
|
Pack Sizes Covered |
Less Than 300 g, 300 to 500 g, More Than 500 g |
Packaging Types Covered |
Pouch, Bottles, Others |
Distribution Channels Covered |
Modern Trade, General Trade, Online / E-Commerce |
Regions Covered |
North India, West & Central India, South India, East India, Northeast India |
Companies Covered |
Smith and Jones, Mother’s Recipe, Nilon’s Enterprises Pvt. Ltd, Dabur India Limited, Everest Foods, Aachi Foods, Catch Foods, Priya Foods, Swad Foods, Nestle, etc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the India cooking paste market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the India cooking paste market?
- What is the impact of each driver, restraint, and opportunity on the India cooking paste market?
- What is the breakup of the market based on the pack size?
- Which is the most attractive pack size in the cooking paste market?
- What is the breakup of the market based on the packaging type?
- Which is the most attractive packaging type in the cooking paste market?
- What is the breakup of the market based on the distribution channel?
- Which is the most attractive distribution channel in the cooking paste market?
- What is the competitive structure of the India cooking paste market?
- Who are the key players/companies in the India cooking paste market?
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India cooking paste market from 2018-2032.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the India cooking paste market.
- The study maps the leading, as well as the fastest-growing, regional markets.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India cooking paste industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.