Zomato Acquires India Operations of Uber Eats in an All-Stock Transaction

Zomato acquired Uber Eats India in an all-stock deal for USD350 Million

India: Indian food delivery market is quite diverse and has an ample number of food delivery applications with Swiggy and Zomato occupying lion’s share in the market. In order to increase its market share, Zomato has acquired Uber Eats, which is an online food ordering & delivery platform owned by Uber, in an all-stock deal worth USD350 million. This recent conjunction of Zomato and Uber Eats is expected to enhance the customer base for Zomato as this new combination will allow the company to acquire around 50-55% of the overall food delivery market. Additionally, as part of this acquisition, Uber Eats will discontinue operations in the country and will direct delivery partners, restaurants and users to the Zomato platform. The deal gives around 10 percent ownership to Zomato in the Gurugram headquarters. However, Uber Eats will continue its operations outside the country as an independent entity. Zomato is an Indian restaurant aggregator & food delivery platform with a customer base of over 70 million and provides information on over 1.5 million restaurants across 24 countries.

CEO of Zomato stated, “We are proud to have pioneered restaurant discovery and to have created a leading food delivery business across more than 500 cities in India. This acquisition significantly strengthens our position in the category.”

CEO of Uber further added, “India remains an exceptionally important market to Uber and we will continue to invest in growing our local rides business, which is already the clear category leader. We have been very impressed by Zomato's ability to grow rapidly in a capital-efficient manner and we wish them continued success”.

According to TechSci Research, the amalgamation of Zomato and Uber Eats in India will fetch a large customer base, as the merger of two companies is also a merger of their customer bases. Consequently, this will result in a rapid increase in the market share of Zomato in the India online food ordering & delivery market. Factors such as rewards & cashback offers, food delivery to doorstep, among others are contributing to the growing demand for India online food ordering & delivery market.

According to the recently published report by TechSci Research, “India Online Food Ordering and Delivery Market By Operation Type (Food Aggregators & Restaurant-based), By Source (Online (Mobile App & Web) & Offline), By Payment (Mobile Wallet, Card Payment, Cash on Delivery & Net Banking), Competition, Forecast & Opportunities, 2024”, India online food ordering and delivery market is anticipated to register a steady growth during the forecast period. Restaurants and cafes also find it profitable to sell their food through online mediums since it reduces significant amount of operational overheads. College students, office employees including working couples are the key target audiences of food delivery companies. Online food delivery is a service, where a store or restaurant delivers food to a customer through the restaurant’s website ore dedicated food ordering portal/app. Deliverables include drinks, food, and desserts, etc. Payment mode may be online and cash on delivery. Some features for making successful online food delivery market include generate-a-code referral system, easy & user-friendly dashboard, social media integration, customer integration with push notifications and cross-platform compatibility, etc.

According to the recently published report by TechSci Research, “India Online Grocery Market By Category (Packaged Food & Beverages, Personal Care, Household Products, Fruits & Vegetables, Others), By Platform (Mobile Application & Desktop Website), By Region, By Company, Competition, Forecast & Opportunities, 2024”, growth of online grocery market in India can be majorly attributed to rising number of internet and smartphone users. Moreover, the increase in number of working women, technically advanced millennials and ultra-secured payment infrastructure are the major drivers for online grocery market in India. India online grocery market is projected to grow from around $ 569 million in 2018 to $ 3.6 billion by 2024. The market is categorized into packaged food & beverages, personal care, household products, fruits & vegetables and others. Packaged food & beverages segment holds the largest market share, while the personal care and household products segments are expected to grow at the fastest pace over the coming years. Moreover, packaged food & beverages category is expected to hold its dominance on account of increasingly fast-paced ever-changing consumer lifestyles, rising per capita income levels, among others.

India Online Grocery Market to Surpass $ 3.6 Billion by 2024

Rising need for convenience, growing e-commerce industry and  increasing disposable income to drive India online grocery market

According to TechSci Research report, “India Online Grocery Market By Category, By Platform , By Region, By Company, Competition, Forecast & Opportunities, 2024”, the online grocery market in India is projected to reach $ 3.6 billion by 2024 on account of growing internet penetration, expanding smartphone user base, rising disposable income and busy lifestyle. Shift towards buying products through online platforms is gaining highest traction among young and working millennials. Also, increasing investment by leading global players is expected to positively influence the country’s online grocery market during the forecast period.

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On the basis of platforms being employed by online grocery players, the online grocery market in India is categorized into Mobile Application and Desktop Website segment. Mobile Application segment accounts for the majority share of India online grocery market. The share of mobile application segment is expected to further rise during the forecast period due to ease of access offered by mobile apps and growing smartphone user base. In terms of region, India online grocery market is categorized into South, North, West and East. In 2018, South India grabbed the largest share in the country’s online grocery market, followed by North, West and East regions.

Important Key Players :

Major players operating in India online grocery market include Innovative Retail Concepts Pvt Ltd (Big basket), Grofers India Private Limited (Grofers), Amazon Retail India Pvt. Ltd (Amazon Pantry & Amazon Now) and Paytm E-Commerce Pvt. Ltd. (Paytm Mall). These players are expected to continue their dominance in the country’s online grocery market through 2024.

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“India Online Grocery market is expected to grow at an aggressive CAGR due to the rising need for convenience, heavy discounted products and high product quality and increasingly safe online transactions. Nuclear and dual-income families, working-class and working females are the primary buyers of online grocery, and consequently, they are also the target consumer segments for the major market players.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“India Online Grocery Market By Category, By Platform, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of India online grocery market and provides statistics and information on market structure, consumer behaviour and trends. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities available in India Online Grocery market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country-specific high growth markets helps TechSci clients to lead rather than follow market trends.

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Saudi Arabia Diabetic Food Market Analysis & Trends - Industry Forecast to 2025

Growing expendable income and expenditure of consumers on diabetic food is expected to drive the growth of Saudi Arabia diabetic food market

According to TechSci Research report, “Saudi Arabia Diabetic Food Market By Product Type, By Distribution Channel, By End Users, By Region, Forecast & Opportunities, 2025”, the Saudi Arabia diabetic food market is expected to grow at a steady rate of during the forecast period on account of the a rise in geriatric population, as well as rapid adoption of healthy lifestyles. However, relatively high price of the products can hamper the growth of market during forecast period.

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The Saudi Arabia diabetic food market is segmented based on product type, distribution channel, end users, company and region. Based on product type, the market can be fragmented into baked products for diabetics, beverages for diabetics, confectionery for diabetics, ice cream for diabetics, dairy products for diabetics and breakfast cereals for diabetics. The beverages for diabetics segment is expected to dominate the market during the forecast years owing to the large variety of available products for diabetic consumption and increasing demand for diabetic food at work places. The confectionery segment is also expected to grow in terms of largest market share in the next five years.

Key Players :

Nestle Saudi Arabia L.L.C., Unilever PLC, Kellogg Company, MARS Saudi Arabia, Al Safi Danone Co. Ltd., Aujan Coca-Cola Beverages Company, PepsiCo, Inc, Mondelez Arabia for Trading LLC and others are some of the leading players operating in Saudi Arabia diabetic food market.

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“Saudi Arabia diabetic food market is expected to witness growth during the forecast period, owing to the increase in aging population and growing consumer awareness about the benefits of healthy food consumption. Additionally, increasing cases of juvenile diabetes among children and youth owing to lack of physical activity are further expected to propel the market during forecast years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Objective of the Study:

·         To analyze and forecast the market size of Saudi Arabia diabetic food market.

·         To classify and forecast Saudi Arabia diabetic food market based on product type, distribution channel, end user, company and regional distribution.

·         To identify drivers and challenges for Saudi Arabia diabetic food market.

·         To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia diabetic food market.

·         To identify and analyze the profile of leading players operating in Saudi Arabia diabetic food market.

“Saudi Arabia Diabetic Food Market By Product Type, By Distribution Channel, By End Users, By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of Saudi Arabia diabetic food market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Saudi Arabia diabetic food market.

Key Target Audience:

·         Diabetic food manufacturers, suppliers, distributors and other stakeholders

·         Government bodies such as regulating authorities and policy makers

·         Organizations, forums and alliances related to diabetic food

·         Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

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India Nutritional Bars Market is Projected To Reach $ 46.2 million by 2024

India Nutritional Bars Market stood at $ 9.4 million in 2018 and is projected to grow at a CAGR of over 30%, to reach $ 46.2 million by 2024. Growth in the market can be attributed to increasing incidences of lifestyle diseases such as diabetes, obesity, blood pressure, asthma, and other heart diseases and rising consciousness among consumers towards healthy eating habits. Moreover, other factors such as rising disposable income coupled with growing number of domestic and international market players are further anticipated to fuel growth in India nutritional bars market during forecast period.

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Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

·         To analyze and forecast the market size of India nutritional bars.

·         To define, classify and forecast the India nutritional bars market on the basis of type, distribution channel, region, and company.

·         To analyze and forecast the market share for nutritional bars with respect to type: Protein Bars, Snack Bars, Meal Replacement Bars, etc.

·         To scrutinize the detailed market segmentation and forecast the market size on the basis of region by segmenting India nutrition bars market into four regions, namely – North, East, West and South.

·         To identify tailwinds and headwinds for India nutritional bars market.

·         To examine supply chain along with margins in nutritional bars market.

·         To strategically profile the leading players in the market, which are involved in the supply of nutrition bars, in India.

India nutritional bars market is controlled by these major players, namely– General Mills India Private Limited, Naturell (India) Pvt. Ltd., Sun Hygiene Foods Pvt. Ltd, Sprout Life Foods Private Ltd, among others.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of nutrition bars manufacturers and suppliers in India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels, and regional presence of all major nutritional bar suppliers across the country.

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TechSci Research calculated the market size for India nutritional bars market using a bottom-up approach, wherein manufacturers value shares data for type (Protein bars, Snack Bars, Meal Replacement Bars and Other nutritional bars) were recorded and forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as secondary source directories, databases such as, Ministry of Statistics & Programme Implementation, APEDA, Company Annual Reports, World Bank, Industry Magazines, Government databases, News Dailies, Credible Paid Databases, Proprietary Database, White Papers and Investor Presentations were also studied by TechSci Research.

Key Target Audience:

Nutritional bars manufacturers

Nutritional bars suppliers

Research organizations and consulting companies

Organizations, forums and alliances related to nutritional bars.

Government bodies such as regulating authorities and policy makers

Industry associations

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as nutritional bars manufacturers, distributors and dealers, customers and policy makers. The report also provides insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth of the market segment.

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TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends.

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Video Wall Market Size, Share, Growth, Trend and Forecast by 2025 | TechSci Research

Growing adoption of displays at public places and need to facilitate customer interaction to drive the growth of Europe video wall market

According to TechSci Research report, “Europe Video Wall Market By Product, By Vertical, By Application, By Country, Competition, Forecast & Opportunities, 2025”, the Europe video wall market is expected to witness substantial growth during the next five years on account of new applications and uses that are continuously being created for this technology such as such as touch screen, near field communication, high image resolution, real-time content sharing, among others. In addition to this, user-friendly interface along with the low cost of the video wall technology is further propelling the market growth in the region. Along with that, growing adoption of interactive video walls in hospitality and corporate sectors is further anticipated to rev up the demand for video walls over the years to come.

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The Europe video wall market is segmented based on product, vertical, application, country and company. By application, the Europe video wall market is fragmented into indoor and outdoor. Out of which, the indoor LED video walls are projected to register high growth over the coming years as they are used for indoor screen applications such as advertisement, entertainment, information, etc. Moreover, they provide crystal clear resolutions, contents in motion and higher pixels for better image, which is further boosting the segment growth in the region.

Key Players :

Adflow Networks, AU Optronics Corp., Koninklijke Philips N.V., LG Display Co. Ltd., Navori SA, NEC Display Solutions, Omnivex Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd, Sony Corporation. etc. are some of the leading players operating in Europe video wall market.

Objective of the Study:

·         To analyze and forecast the market size of Europe video wall market.

·         To classify and forecast Europe video wall market based on product, vertical, application, company and regional distribution.

·         To identify drivers and challenges for Europe video wall market.

·         To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Europe video wall market.

·         To conduct pricing analysis for Europe video wall market.

·         To identify and analyze the profile of leading players operating in Europe video wall market.

 Key Target Audience:

·         Video wall manufacturers, suppliers, distributors and other stakeholders

·         Government bodies such as regulating authorities and policy makers

·         Organizations, forums and alliances related to video wall

·         Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

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“Europe video wall market is anticipated to grow substantially in the coming years. The video walls are used to advertise many products, in order to grab the attention of passers-by.  Furthermore, these video walls are sometimes interactive and enable the customers to control content by zooming, scrolling and dragging, thereby augmenting their viewing experience and flexibility. This, in turn is expected to boost the market growth in the region through 2025.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Europe Video Wall Market By Product, By Vertical, By Application, By Country, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of Europe video wall market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Europe video wall market.

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