Nichetech provides multi-dimensional solutions for restaurants, QSR chains and standalone eateries. Our restaurant management solutions can help in efficient marketing, customizing menu, managing vendor relationships and accelerate on growth-oriented path for success of an F&B business.
The food and beverage industry is rapidly growing in India and abroad due to several factors, including rapid urbanization, changing lifestyle and food habits of the younger generation, and increasing household consumption rates.
Foreign companies looking to enter the Indian food and beverage market should thoroughly research these developments to ensure success. Consulting with food and beverage consultants in India can help you understand the industry better.
India's food and beverage industry are characterized by a large number of small and medium enterprises (SMEs) and a growing number of multinational companies. India has a diverse culinary culture, with a wide range of regional cuisines and food preferences. This presents both challenges and opportunities for companies looking to enter the market.
The Food Safety and Standards Authority of India (FSSAI) has plans to invest approximately $72.3 million in strengthening the food testing infrastructure by upgrading laboratories and setting up new mobile testing labs. India has significant potential for global trade in agricultural and processed food products, with approximately 460 million tons of food valued at $3 billion being traded annually.
The global food and beverage market reached a value of nearly $5,943.6 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2019 to $7,525.7 billion in 2023. It is anticipated to reach $8,638.2 billion in 2025 and $11,979.9 billion in 2030.
The Indian food and beverage industry, in particular, is expected to reach a valuation of $8,325 million in 2021 and attract significant foreign investment. The number of users in the F&B market in India is estimated to reach 346.9 million by 2025, with the potential for a user penetration rate of 24.0% by FY 2025.
The food and beverage industry has evolved significantly in recent history with new technologies and processes allowing for the distribution and serving of safer and healthier food. To succeed in this industry, businesses must stay updated with current trends and consider using eCommerce platforms like RUSH's eStore to bring their food business online and scale their brand.
The e-commerce sector is also playing a significant role in the food and beverage industry's growth in India, with several online platforms and delivery services emerging in recent years. Sustainability and environmental concerns are becoming increasingly important in the food and beverage industry in India and globally. Companies committed to sustainability and eco-friendly practices may have a competitive advantage.
I received timely and thoughtful work at all stages - scope, wireframe, build, and post-launch updates. All for the costs scoped. Will be using the NT team again.
CEO of NowArchive, USA
Been almost 8 years since we started using the services of Nichetech computer solutions. They are proactive in their approach to provide new digital solutions and simultaneously help us resolve any issues on priority.
Founder of Gifttouch, Gujarat, India
SIHL is associated with NicheTech from last 5 years... Nichetech Team is very professional in everything they do for our software requirement. They have customized everything which we need in our web application and mobile application. They are always ready to take new challanges & thier response time to any query is very less...:)
CTO of SIHL, Gujarat, India
I am professionally attached with Nichetech in capacity of CA since inception of the company. I work with founders very closely, I can definitely say that you can rely on these founders, they are professionals to the utmost extent đź‘Ť
Chartered Accountant, Gujarat, India
We have been associated with Nichetech from Day 1 of our business and they are the best Digital Strategists one could ask for! The insight and experience of the founders and a very agile and dynamic team make a very good combination for clients! If you are looking for a one-stop solution for Digital marketing-strategy and IT support for your business-This is the place to go!Cheers Team Niche Tech-Keep soaring higher!:)
Chief Pathologist, Gujarat, India
As a Founder I need a tech dev team who can hustle, but not sacrifice the quality of work. Nichetech worked hard on my MVP and if I pointed out issues, were quick to address them.
Founder of Noww Social, USA
We wanted to create POS (Point of Sale) system for Food industry Franchise, who has almost 900 stores through out the world. System was built for web and mobile version. NicheTech have great experience in building consumer product as they have great graphics skills, so it was very easy to use for customer. Combination of web and mobile expertise from NicheTech helped us to build entire solution in very reasonable time.
IT Director at Maple - US
Victoria village childcare System is used for all our center through out Canada. We are very pleased with the system they have created in .Net environment. Though system was created almost 9 years ago, it is working perfectly and we have scaled it well. Support from NicheTech and their staff is excellent and of course it goes without saying that we will continue working with them.
President & CEO of Victoria Village Child Care - Canada
We been very pleased with NicheTech service and support for all our projects. We have started their service with very small project and today they are our preferred vendor and journey has been excellent and we will will continue with NicheTech in times to come.
CEO of Wajabaty, Kuwait
Collebra is Top Notch staffing company having 70+ office across globe and always require information on FingerTip. NicheTech has helped us in making ios and android application which is used by every employee. NicheTech have great process to cater company like Collabera, which is honoured to have earned a spot on Forbes List of America’s Best professional Recruiting Firm. We would continue working with NicheTech.
CTO of collabera - USA
Their technical strengths is admirable. With only one person working from our side, and team working at offshore, we were able to migrate whole system including data migration successfully. Through out USA, our agents are using system successfully and we are very pleased with their proficiency service.
President of Debt Helper - USA
They are with us from concept to reality . At every stage of SDLC, we were quite amazed with their technical capability and product was built on MVC platform at very early stage of MVC launch. NicheTech really believes in.
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