The overall food franchise market
in India is estimated at INR 500 billion and is growing rapidly over past few
years. The food and beverage segment keeps getting more diverse due to entry of
global as well as domestic brands each year. Bargaining power of consumers has
been drastically increase due to tremendous availability brands in foodservice
sector. F & B sector is successfully expanded due to massive growth of
technology. The Indian food franchise sector is poised for unprecedented growth;
moreover India is top producer of many agricultural products. International
global brands are majorly focus on Indian recipes and are trying to experiment
with traditional cuisines to develop new dishes. For example, Chatar Patar
foods Pvt. Ltd. have developed unique recipes such as Chaatizza, panipuri
shots, tandoori bhel, etc. All these cuisines
are prepared especially by using natural ingredients and spices.
The increase in income of middle
class population, change in lifestyle, consumption pattern and urbanization are
foremost reasons for exceptional growth of food franchise brands. The QSR
(Quick service restaurant) has grown significantly and emerged as fast-growing
segment in foodservice segment. The QSR segment is expected to register
phenomenal growth in forthcoming years. In India as well as overseas, food
industry has undergone dramatic changes due to heavy demand for organised
restaurants. Consequently, food business in top Indian cities includes Mumbai,
Delhi, Pune, Chennai, Hyderabad, Bangalore and Indore is major hub of popular fast
food and casual dining restaurants. Chatar patar is one of the leading food
franchise brands based in Indore has become most-loved brand at present time.
Availability of delicious recipes on reasonable prices, and also varieties of
profitable franchise business models are success mantras of chatar patar. Entry
of number of domestic and international brands has impact consumption pattern
as well as new entrepreneurs can easily start own food business through franchise
offer by existing brands.
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