Browse the complete Report on: India Agribusness Report Q4 2010
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BMI View: With the monsoon forecast to be only slightly below average, we expect crop production in 2010/11 to increase significantly owing to higher yields. Over the five-year forecast period, production across all agricultural subsectors will be positive, spurred by increased demand, foreign direct investment. Dairy and livestock will also benefit from improved technology adoption, which could set a strong example and produce a model for other subsectors to follow.
Indian agriculture will benefit greatly from increased multinational investment and technological improvements in various sectors. In dairy, large firms Reliance, DCM, Bharti and ITC have all entered the market, while in coffee, Segafredo Zanetti, News Café and Starbucks are finally gaining a foothold in a market experiencing moderate but consistent growth. The dairy and livestock sectors should get a significant boost in the form of information holding micro-chips and other technological advances.
Strong economic growth will lead to increased incomes among India's vast population. This, combined with a youthful population and increasing urbanisation, means Indian demand for sugar and meat products. Producers should certainly benefit from this, but the government will also be keeping a keen eye on production levels in order to ensure what they consider manageable prices in order to control food price inflation.
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Browse All Business Monitor International Market Research Reports
BMI View: With the monsoon forecast to be only slightly below average, we expect crop production in 2010/11 to increase significantly owing to higher yields. Over the five-year forecast period, production across all agricultural subsectors will be positive, spurred by increased demand, foreign direct investment. Dairy and livestock will also benefit from improved technology adoption, which could set a strong example and produce a model for other subsectors to follow.
- Sugar production growth to 2013/14: 105%. Growth will be dictated by increasing domestic per capita consumption. However, this growth is also a function of base effects.
- Beef and poultry production will both increase by 29% and 41% respectively to 2013/14, due to increased demand from higher incomes and prevalence of western style restaurants.
- Because of marketing schemes targeted at the general population and generally greater demand for high-value dairy products such as yoghurt and cottage cheese, we forecast butter and milk production to grow by 38% and 26% respectively to 2013/14.
- 2010 Real GDP Growth: 7.8% (down slightly from 7.45% in 2009, predicted to average 8% from now until 2014).
- Consumer Price Inflation: %16.6 year-on-year (y-o-y) in May 2010 (up from 5.7% y-o-y in May 2009).
Indian agriculture will benefit greatly from increased multinational investment and technological improvements in various sectors. In dairy, large firms Reliance, DCM, Bharti and ITC have all entered the market, while in coffee, Segafredo Zanetti, News Café and Starbucks are finally gaining a foothold in a market experiencing moderate but consistent growth. The dairy and livestock sectors should get a significant boost in the form of information holding micro-chips and other technological advances.
Strong economic growth will lead to increased incomes among India's vast population. This, combined with a youthful population and increasing urbanisation, means Indian demand for sugar and meat products. Producers should certainly benefit from this, but the government will also be keeping a keen eye on production levels in order to ensure what they consider manageable prices in order to control food price inflation.
About Us
ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.
Contact:
Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/
http://reportsandreports.proarticles.co.uk/
http://reportsnreports.wordpress.com/
