The Indian fast food franchise market is highly
diverse and enlarged over past years due to growing number of local and global
brands. In progressive competition, food companies always focus on research and
product development activities in order to fulfil consumer needs and wants. For
food franchise brands, it is significant to abide all rules and regulations so
that consumer’s demand for healthy foods can be obtained. As per reports, India
might become most populous country in the world in coming years hence necessity
of quality foods in large volume is likely to increase. Moreover, semi-urban
and rural areas are still deprived of getting nutritional diets which suggest
that there is uneven consumption pattern growing throughout the country. New food operators which are in nascent stage
had to face severe challenges as major cities are crowded with existing
players; however, underdeveloped areas won’t generate high profits.
There are many
challenges faced by food outlet operator relate to meeting drastically changing
consumer needs and wants. There is no certainty about consumer behaviour;
limitless preferences are emerging day-by-day, food franchise players find hard
to meet all demands instantly. Consumer wants quality foods but without
comprising on prices and they also collect information on ingredients used to
prepare dishes. Sugar-free and fat-free products are demanded heavily by
consumers due to health issues.
Guidelines and regulations for food preparation
methods remain a challenge, food franchise companies need to company with rules
and at the same time they should look after customer preference. To maintain
brand value, food companies produce innovative products. New products create
opportunities to generate more revenue but consistently changing consumption
pattern hampers growth. It is quite difficult to meet each and every demand but
still food operators tried best to perform as per rules and regulations.
Professionals are working tirelessly to develop better alternatives to overcome
troubles.
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