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Demand and supply of food industry

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HimanshuJain400

The food industry contributes significantly to the Indian economy. It accounts for 14% of manufacturing GDP, 13% of exports, and employs over 14% of the workforce. The industry includes agriculture, food processing, marketing, wholesale and distribution, retail, and regulation. Demand for food is influenced by price, tastes and preferences, advertising, and consumer expectations. Supply is influenced by production costs, natural conditions, technology, transportation, and government policy. The interaction of supply and demand determines the price and quantity of food products in the market.

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DEMAND AND SUPPLY OF FOOD INDUSTRY PRESENTED BY : HIMANSHU JAIN
INTRODUCTION It contributes about : 14% to manufacturing GDP, 13% to India's export and 6% to total industrial investment. The food industry is the complex, global collective of diverse businesses that supplies most of the food consumed by the world population . It ranked 5th in term of production, consumption and export. Indian food industry accounts for 32% of countries total food market. Production Processing Distribution Sales Primary Producer Food Producer Wholesaler Retailer Consumer Segments Of Food Industry
Overview The food industry covers a wide range of areas, including those listed below. Agriculture : Crop farming, livestock raising, and fishing (or fish farming) Manufacturing: Agrochemicals, seed , farm machinery and supplies, and agricultural construction Food processing : Preparation of fresh products for market, manufacture of prepared food products Marketing: Promotion of generic products, new products, public opinion, advertising , packaging, and public relations .
CONT.. Wholesale and distribution: Warehousing, transportation , logistics Retail : Supermarket chains and independent food stores, direct-to- consumer, restaurant, food services Regulation: Local, regional, national, and international rules and regulations for food production and sale, including food quality and food safety, and industry lobbying activities Education : Academic , vocational, consultancy Research and development: Food technology Financial services: Insurance, credit
WHAT IS DEMAND ? Demand in economics is the consumer desire and ability to purchase goods and services . Price of Education Demand of Education
Factors affecting Demand : PRICE TASTE & PREFRENCE ADVERTISING EXPENDITURE CHANGE IN PRICE OF REALTED GOODS NUMBER OF CONSUMER IN MARKET CONSUMER EXPECTATIONS
WHAT IS SUPPLY ? Supply in economics means total amount of goods and services available to customer . The Supply Curve Higher price leads to expansion of quantity supplied Lower price leads to contraction of quantity supplied
Factors affecting supply : PRICE COST OF PRODUCTION NATURAL CONDITIONS TECHNOLOGY TRANSPORT GOVERNMENT POLICY PRICE OF RELATED GOODS
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Demand and supply of food industry

  • 1. DEMAND AND SUPPLY OF FOOD INDUSTRY PRESENTED BY : HIMANSHU JAIN
  • 2. INTRODUCTION It contributes about : 14% to manufacturing GDP, 13% to India's export and 6% to total industrial investment. The food industry is the complex, global collective of diverse businesses that supplies most of the food consumed by the world population . It ranked 5th in term of production, consumption and export. Indian food industry accounts for 32% of countries total food market. Production Processing Distribution Sales Primary Producer Food Producer Wholesaler Retailer Consumer Segments Of Food Industry
  • 3. Overview The food industry covers a wide range of areas, including those listed below. Agriculture : Crop farming, livestock raising, and fishing (or fish farming) Manufacturing: Agrochemicals, seed , farm machinery and supplies, and agricultural construction Food processing : Preparation of fresh products for market, manufacture of prepared food products Marketing: Promotion of generic products, new products, public opinion, advertising , packaging, and public relations .
  • 4. CONT.. Wholesale and distribution: Warehousing, transportation , logistics Retail : Supermarket chains and independent food stores, direct-to- consumer, restaurant, food services Regulation: Local, regional, national, and international rules and regulations for food production and sale, including food quality and food safety, and industry lobbying activities Education : Academic , vocational, consultancy Research and development: Food technology Financial services: Insurance, credit
  • 5. WHAT IS DEMAND ? Demand in economics is the consumer desire and ability to purchase goods and services . Price of Education Demand of Education
  • 6. Factors affecting Demand : PRICE TASTE & PREFRENCE ADVERTISING EXPENDITURE CHANGE IN PRICE OF REALTED GOODS NUMBER OF CONSUMER IN MARKET CONSUMER EXPECTATIONS
  • 7. WHAT IS SUPPLY ? Supply in economics means total amount of goods and services available to customer . The Supply Curve Higher price leads to expansion of quantity supplied Lower price leads to contraction of quantity supplied
  • 8. Factors affecting supply : PRICE COST OF PRODUCTION NATURAL CONDITIONS TECHNOLOGY TRANSPORT GOVERNMENT POLICY PRICE OF RELATED GOODS