Aug 11, 2020 | Uncategorized
Food consumption patterns have come a long way from preparing a complete meal to opting for frozen food products. India’s frozen food market is derived by the conveniences associated with such food products. Intact freshness, longer shelf life and high nutritional content in the frozen food products are driving the Indian frozen food market. Currently, India is viewed as the potential market for the consumption of frozen foods. However, the consumption of such foods is still negligible in the global comparison. This is due to the large population, higher priced foods product, handful of existing players and lower awareness among the consumers. This has posed an opportunity for the prominent global players to explore the market. Some of the top performing active companies in market are McCain foods, IFB agro, Venky’s, Mother Dairy, Godrej Tyson Ltd., Innovation Foods (Sumeru) etc. The overall Indian frozen food market is segmented into four forms of frozen food products such as frozen vegetables, frozen seafood, frozen meat and poultry, frozen snacks & ready meal. The report shows the increasing demand of these food products from residential as well as from the commercial segment. Procurement of the frozen food products in both of the mentioned segments can be further understood with the analysis done on the organized and unorganized sector. The report also gives complete insight with historical and forecasted analysis, its sales distribution and the top profiled companies.
According to the report “India Frozen Food Market, By Value, By Volume, By Product Type (Frozen Vegetable, Frozen Snacks & Ready Meal, Frozen Meat & Poultry, Frozen Seafood), By End User (Residential & Commercial), By Sales Channel (Modern Trade, Retail & Specialized Stores, Online), (Trends & Forecast), Outlook, 2025” the market have grown exponentially with a CAGR of above 19% in volume consumption till the year 2018-19. Snacks and ready meal segments of the market have been generating the highest revenue from the overall market. Kinds of products included in this category are frozen potatoes, frozen snacks, and frozen ready meals which consist of complete veg & non-veg meals, pizza bread, etc. From the overall market, revenue generated from the frozen vegetable segment of the market has been viewed as the fastest. Easiness in getting pre-cut vegetables, clean, high in nutritional content and no added preservatives have been observed as the reasons for the growth of frozen vegetable products. These reason posing as a growth drivers will put positive effect in its forecasted growth which will let the market growth with a CAGR of above 26% in value terms till the year 2024-25. In the overall development of the market, organized segment has been playing an important role which has catered to an increasing demand from both residential as well as commercial segments of the market. Developing infrastructure of modern retail stores in every corner of the country has led to the increase in distribution of the frozen food products. On contrary to this in recent years, the traditional stores are getting equipped with advanced freezing technologies as it is allowing them to stock up the frozen food inventory and attract more consumers.
Major companies present in the market
McCain Foods (India) Private Limited, IFB Agro Industries Limited, Mother Dairy Fruit & Vegetable Private Limited, Godrej Tyson Foods Limited, Venky’s (India) Limited, Tanvi foods, Innovative Foods Limited, ITC Limited, West Cost Fine Foods Private Limited, Gadre Marine Export Private Limited, Vadilal Industries Limited, Al Kabeer Exports Private Limited, Darshan Foods Private Limited
Considered in the report
• Geography: India
• Base year: 2018-19
• Historical year: 2013-14
• Estimated year: 2019-20
• Forecasted year: 2024-25
Aspects covered in the report
• Global frozen food market outlook
• India frozen food market outlook
• India frozen food market share (company, product type, end-user, organized v/s unorganized, sales channel, regional analysis)
• India frozen vegetable market outlook
• India frozen snacks & ready meal market outlook
• India frozen meat & poultry market outlook
• India frozen seafood market outlook
• Price product and variant analysis
• India frozen food trade analysis
• India frozen food trends & developments
• India economic profile
• Porters five force model
• Company profile of top players
Segments covered in the market
• Frozen vegetable
• Frozen snacks & ready meals
• Frozen seafood
• Frozen meat & poultry products
The approach of the report:
We keep an eye on evolving markets and try to evaluate the potentials in the product and services. If we found the market interesting, we start working on it and create the desired table of content considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personals, company owners, dealers, distributors & end-users. Once the questionnaires have been finalized we start collecting the primary data (majorly through phone calls) and try to understand the market dynamics with regional/tier wise. This process gives us in-depth detail of the market including all present companies, the top-performing product with reasons why they dominate; we get the details of new players and their innovative approach and market trends, dynamics, and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. By this, we get a rough estimate of the market and start checking existing product price variant, trade, production, raw material scenario, policies and regulatory landscape, etc. Then to finalize the market, we start collecting financials of each player present in the market including limited, private limited, and LLPs. Moreover, we perform cross-industry, cross-region analysis of the product, and based on collected primary inputs and using statistical modeling we start forecasting the market. We follow our forecasting algorithm which is unique for each product but giving more weightage to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, and PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together cross-check the segmentations, validates the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in strategic recommendations’ for new as well as the existing players. The QC team then checks the overall report which includes spell check, data verification and makes the same dispatch ready and error-free.
Aug 11, 2020 | Uncategorized
Atlanta, Georgia (webnewswire) August 10, 2020 – An Atlanta litigation attorney at KPPB Law recently released a blog explaining ADA compliant website requirements for 2020. By following these guidelines, you ensure that your website is easy to view for all visitors.
Websites are not required to be ADA compliant, though this does not mean that there are no ramifications for failing to update your website. Attorneys may seek out businesses that do not comply with general ADA guidelines, and the number of accessibility-related lawsuits has increased in recent years. This means that though there is no obligation to make your site ADA compliant, failing to do so could leave you vulnerable to expensive lawsuits. Common compliance errors include providing only one way to access information, not allowing keyboard navigation on the site, and making a site incompatible with screen readers, among other issues.
When constructing an ADA compliant website, there are five main areas to consider. First, take a look at the website’s presentation. Page titles should be easily legible, with nested headings that make it easy for people to find what they need. The coding should also be up to date to ensure that the site is compatible with accessibility devices. The appearance of your site is also important. Be sure that users can easily zoom in on text and that the contrast between the background and text is high. Making your content accessible through alternate methods, such as video transcripts and alt text for photos, so that people who are hard of hearing or seeing can access information is also important. When developing your site, make the environment easy for users to control by allowing long time limits (if limits are necessary) and avoiding pop ups. Finally, ensure that the site is easy to navigate and use, with a sitemap, clear language, and robust search function.
Speak to Roy Banerjee at KPPB Law for more information about ADA compliant websites or if you find yourself in a dispute over compliance. Banerjee works with companies of all sizes, from independent businesses to national and multinational corporations, to help them remain compliant with ADA regulations and assist them in litigation when necessary. To speak with Banerjee about your case, call him directly at 678-443-2244 or visit https://www.kppblaw.com. KPPB LAW is located at 990 Hammond Drive NE, Atlanta, Ga., 30328.
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Aug 10, 2020 | Uncategorized
The advancement in Technology and access to cheaper solutions has been a turning point for the eCommerce industry. Last 20 years has seen a tremendous increase in the number of online merchants, especially smaller businesses deciding to list their catalog of products on online eCommerce sites. And now we are using a reverse phenomenon: More and more online eCommerce merchants want to evolve their business models by creating marketplaces in addition to their existing eCommerce sites.
Inviting other merchants to sell their products on your e-commerce site allows you to offer your visitors and clients a more diverse product range, and to earn extra revenue in marketplace commissions. Unfortunately, though, some hosted eCommerce solutions, like Shopify and Squarespace, don’t allow you to build your own marketplace.
The importance of technology to the success of a marketplace has never been bigger. With so many different options available, it can be challenging to select the right marketplace software for a particular business. In this article we have focused particularly on why Marketplace-as-a-Service (MaaS) solutions will help you adapt and grow more quickly in response to changes in the marketplace.
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Transform your existing online platform or application.
IdyaFlow helps them create and scale new profit centres for their business
Low cost of ownership for IdyaFlow Marketplace as a Service compared to building own from scratch
DIY is complex and expensive, even for large companies with in-house expertise
Get to market much faster
Provides access to industry leading technology and best practices, off-the-shelf
Allow your sales team to focus on their business, not the technology
Launch your own complete end-to-end marketplace solution.
From search through to payment, provide the convenience for customers to do it all without ever having to leave your custom branded marketplace.
Complete mobile responsive user interface, our packages only require you to direct your audience to start booking online, we can even populate it with vendors.
Enable the customer to see merchant availability, allowing them to compare, book and to pay, to improve consumer engagement.
Powerful built-in analytics and data insights to further grow your operations.
Key features of Marketplace as a Service
Provide a low-cost, low-risk way to increase sales by rapidly expanding your product offering with easy onboarding of third-party partner
Flexible, secure and feature-rich platform that is fully customizable through intuitive configuration to suit your needs
Secure marketplace platform that will receive automatic software updates as new features become available, ensuring worry-free maintenance and performance
Innovative tools and features help you listen and engage with your communities, while built-in analytics provide detailed insights to improve customer service and strengthen brand loyalty
Enhance the customer experience by providing more choice and collecting high-quality, actionable data to help you improve service
Key Value of Marketplace as a Service
Merchants are provided with a powerful independent booking & promotions engine, allowing them to actively manage bookings or operate in autopilot by simply adding their inventory
Notifications and reminders are automatically sent to both the merchant and customer, in addition to the convenience offered by around the clock on-demand bookings and consumer self-service functionality
Monetize your marketplace your way with the option to charge merchants a listing fee, a commission or booking fees
We believe that you can only go as far as the technology of your Multi-vendor Marketplace Software can take you. If you are looking to start a marketplace then you need a trusted partner who can provide a reliable Marketplace platform that can support you all the way as your business grows — Look no further — IdyaFlow Marketplace as a Service is fully customizable to integrate with your other business processes and accelerate your marketplace business, while allowing your sales and marketing people to focus on what really makes business grow — building relationships and serving customers.
We are here to support you succeed! Let’s start the journey.
Aug 10, 2020 | Uncategorized
It has been four months since the pandemic shutdown. Our lives have changed forever. Online grocery shopping has finally taken off big time. While some marketplaces such as AirBnb have reported a drop in revenue, others have thrived. With remote working in full swing, businesses have started looking inwards with an innovation angle to realize a new standard in efficiency.
Take for example Volkswagen AG, launched a marketplace that connects third party software providers with their manufacturing plant. This should significantly reduce the hassle and the time spent on the software procurement process. Transparency factor of a marketplace will foster a healthy partner community, one where prices are driven by pure supply-demand economics and ultimately resulting in higher operational standards for Volkswagen.
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With its search platform Google knows where the online traffic is at before anyone does. So competing with Amazon’s commerce platform was bound to happen. I am sure Amazon’s explosive growth during Covid times have made Google executives think hard and fast on their shopping service. Their ecommerce marketplace pales in comparison to Amazon’s marketplace platform. Competing with a giant will require many different strategic initiatives. And nothing is more organic in business than wooing your competitor’s partners and customers. “The search giant said it will eliminate the fees it charges retailers to let people buy directly through the Google Shopping service”
Ecommerce was always the reality and in the past has seen an year over year growth closer to 20%. Online sales grew by 76% in June 2020. Digital marketplaces offer a trusted platform to transact with a remote merchant who you will never meet in person and have never had any prior knowledge of how their product and/or services are. Covid has clearly changed our buying patterns and the demand for more trustworthy marketplaces like Amazon is greater than ever in the consumer and corporate space alike.
IdyaFlow Plus is an enterprise marketplace software which can help build and ecommerce marketplace software in a matter of days.
Aug 10, 2020 | Uncategorized
According to the report, on average,19% of all sales were online sales for second-tier auctioneers. Of those online sales, the majority (74%) were made via third-party marketplace platforms however, the percentage of new buyers brought to the auction houses declined considerably to 25% of their online buyers in 2018, down 16% in 2017. The share of regular online bidders, buyers who purchased from the auction room repeatedly, increased by 15% to 41%. In the UK online sales transacted on the UK’s primary third-party online marketplace reached an average of 38% of total sales per auction.
Not all auction houses use a third-party platform (a Marketplace), instead, they choose software that gives auction buyers the ability to place bids online through their own website (a Direct platform). This is fast becoming the industry standard, with many auctioneers now considering which kind of bidding platform to implement, a Direct platform or a Marketplace auction platform, we look at the Pros and Cons of both below.
A Marketplace auction platform is exactly what it sounds like: auctioneers list their catalogs in an online auction Marketplace right alongside their competitors. Common Marketplace auction platforms include Invaluable, the-Saleroom, EasyLive Auctions, and Live Auctioneers.
The Direct auction platform model, on the other hand, allows the auctioneer to create a bespoke solution dedicated only to their auctions and facilitates online bidding through the auctioneer’s website. The leading Direct auction platform provider is Bidpath.
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Auction Marketplace websites can work in following three ways:
Increment auction
Increment is an increase of some amount over a certain number. In bidding, increment is a minimum amount an auction bid must be raised each time the current highest bid is surpassed.
Reserve price auction
Reserve price auction allows the buyer to set a minimum price he/she wants a product to sell for. Usually, this price is hidden, so the buyers can only see whether or not it has been met. When the reserve price is met, the highest bid wins the auction.
For example, you sell a vintage jewelry and set a reserve price at $40, with a starting price of $2. In this case, people can start bidding at $2, but if until the end of the auction the bidding hasn’t reached $40, your jewelry will not be sold.
Automatic auction
An automatic auction is the easiest way to bid. In this case, buyers set the highest amount they want to pay for the item and the system bids automatically on buyer’s behalf. If another bidder places the higher bid, the previous buyer will be outbid and his/her bid will expire.
IdyaFlow Plus is an online marketplace platform empowering and enabling marketplace owners to build a marketplace on their unique idea. It supports all features required to build a auction marketplace platform.
Aug 10, 2020 | Uncategorized
Our services include the installation of structured, low voltage cabling systems for voice, video and data equipment as well as phone and voice cabling, wherever you are located in Auckland. We strive to deliver high-quality services in an affordable price range.
Remember, the performance of the structured network cabling infrastructure at your Auckland business will depend not just on the quality of our workmanship, but also on the quality of the cabling. When you come to us, you can be sure we use the best materials whether that is internet cabling or any other sort of cabling, with all our materials sourced from the best manufacturers and suppliers in Auckland and further afield.
You can also be sure when you come to us about the quality of the installation. This is because of the expertise and experience of our home and office wiring installation team that we have based here in Auckland.
Furthermore, we fully test all our installations before completing the project. This includes testing ADSL networking, LAN wiring, broadband network wiring, structured network cabling, or any other cabling infrastructure we install in your Auckland business.
This testing checks for faults while also ensuring your system is delivering optimum performance, giving you further peace of mind in the quality of our service.
We offer a complete fibre optic cabling service across the Auckland region. No job too big or small. We have extensive experience with all of the latest technologies and best practice methods to insure your fibre optic cabling project runs smoothly
Our fully trained and capable staff members at Auckland Data and Electrical Ltd can install all your Data and Voice cabling and allow you to create a convenient, efficient, and easy office layout. Our services have been designed to help you save money and time. We can advise on office refurbishment and office moving cabling solutions too.
For more info: https://www.aucklanddatacabling.co.nz/services/
https://www.tuugo.co.nz/Companies/auckland-data-and-electrical-ltd/0210003189953
