Archives July 2016

Domino’s, which trailed McDonald’s 4 years ago, is now double its size

July 29, 2016 |by indiafood forum | Comments Off on Domino’s, which trailed McDonald’s 4 years ago, is now double its size | FOOD SERVICE | , ,

Big fast-food chains McDonald’s, KFC and Cafe Coffee Day seem to have lost their growth momentum as Indian consumers increasingly prefer pizzas over burgers, chicken meals, rolls and sandwiches, and market researcher Euromonitor expects the trend to continue…READ MORE

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Foodservice steals market share from grocery aisles as consumer seek convenience, survey reveals

July 29, 2016 |by indiafood forum | Comments Off on Foodservice steals market share from grocery aisles as consumer seek convenience, survey reveals | FOOD SERVICE | , ,

Consumer demand for convenience and increased access to technology is tilting market share towards food service and away from packaged foods in grocery aisles, according to a recent report….READ MORE

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Meals-on-wheels take city roads by storm

July 29, 2016 |by indiafood forum | Comments Off on Meals-on-wheels take city roads by storm | FOOD SERVICE | ,

The trend of on-the-go fast-food centers, which operate out of vans or mini-trucks, is not new in itself but it has got a push thanks to the expanding culinary culture. These days, it is not surprising to find a ‘soda cafe’ or a ‘Banjaara’ van at city crossroads or in commercial complexes…READ MORE

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Now, IIT-Roorkee gets a vedic restaurant

July 29, 2016 |by indiafood forum | Comments Off on Now, IIT-Roorkee gets a vedic restaurant | FOOD SERVICE | ,

Sattviko food chain, a brainchild of two alumni of IIT Roorkee, has opened a restaurant inside the campus which its owners say will also double up as a “common platform” where students will exchange innovative ideas and seek guidance from their seniors…READ MORE

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Dabur India reports 11.9 pc rise in Q1 net profit; sales up 1pc

July 29, 2016 |by indiafood forum | Comments Off on Dabur India reports 11.9 pc rise in Q1 net profit; sales up 1pc | FOOD & GROCERY | ,

Dabur India on Wednesday reported a 11.87 per cent YoY rise in consolidated net profit to Rs 292.80 crore in the June quarter. The FMCG major had reported a net profit of Rs 261.84 crore in the corresponding quarter last year…READ MORE

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Amul bets big on chocolates, to triple production in Mogar

July 29, 2016 |by indiafood forum | Comments Off on Amul bets big on chocolates, to triple production in Mogar | FOOD & GROCERY | ,

After over four decades, home-grown Amul is all set to triple its chocolate manufacturing capacity to meet growing demand from consumer…READ MORE

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Rooh Afza may come in new avatar in Hamdard makeover

July 29, 2016 |by indiafood forum | Comments Off on Rooh Afza may come in new avatar in Hamdard makeover | FOOD & GROCERY | , ,

The century old rose-drink Rooh Afza, which occasionally finds itself even in mocktails in bars, is being given the much-needed contemporary makeover by its promoter Hamdard Laboratories…READ MORE

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Whole Foods same-store sales fall for fourth straight quarter

July 29, 2016 |by indiafood forum | Comments Off on Whole Foods same-store sales fall for fourth straight quarter | FOOD & GROCERY |

Whole Foods Market Inc on Wednesday forecast earnings for the current quarter below Wall Street’s estimate, sending its shares down more than 3 per cent in after-hours trading…READ MORE

 

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India’s food processing industry poised for huge growth

July 28, 2016 |by indiafood forum | Comments Off on India’s food processing industry poised for huge growth | FOOD SERVICE | ,

The Indian food industry is poised for huge growth, increasing its contribution to world food trade every year. In India, the food sector has emerged as a high-growth and high-profit sector due to its immense potential for value addition, particularly within the food processing industry….READ MORE

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McDonald’s franchise spinoffs tamp down earnings

July 28, 2016 |by indiafood forum | Comments Off on McDonald’s franchise spinoffs tamp down earnings | FOOD SERVICE | ,

McDonald’s’ “All-Day Breakfast” fueled firm sales gains in the second quarter despite weak growth across the fast food industry, the company reported Tuesday…READ MORE

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