Page 48 - FMT Magazine, September 2020
P. 48

Analytical Marketing



          powders will be at a faster pace.                                  Biryani and curries by Kilo to homes

          Within a few years of the post Covid                               and offices not very far away, in
          Lockdown period the Organised                                      clean, safe, hygienic packaging.
          packaged Spice powders is bound to   EMPLOYEES WILL                Cloud Kitchens which do not have
          double in size. Hence Spice Brands   MOSTLY TRY TO GET             any major Chefs but depend and use
          that Market themselves with easy     THEIR OWN PACKED              only the Ready to Cook or Instant
          reach and availability will gain     FOOD FROM HOME                Mixes by not so Culinary skilled
          momentum and among them the          RATHER THAN                   persons will emerge.
          true national brands will emerge.
                                               HAVING FOOD FROM
                                                                             IX. Shortening the Supply Chain
          New Quality parameters will emerge   OFFICE CANTEENS OR            Network: During the Novel Covid
          in the Packaged Spice / Masala       OUTSIDE DUE TO THE            Pandemic Lockdown the supply
          powder  market   as  consumers       HYGIENE FACTOR.               chain was disturbed even for the
          become more conscious of the                                       packaged food companies and
          quality parameters of freshness with                               especially for the essential goods
          the flavour content. Brands that will                               suppliers such as milk and Dairy

          manage their Supply chain better                                   products. Many of the FMCG and
          and make the latest manufactured                                   packaged Food Manufacturers had
          products to its consumers will score                               multi-level / layer of Distribution
          over others.                                                       wherein stocks were locked up at
                                                                             different levels and was unable to
          VIII. Future of Food Service /                                     reach out to the retail and the end
          HoReCa / Bakery: In the Post Covid                                 consumers.
          Lockdown future, one of the biggest
          losers will be the Food Service /                                  Removing   unwanted   layers  of
          business such as Restaurants, Food                                 Distribution Channels such as Super
          stands, vendors and Corporate                                      Stockist, Wholesale Distributors and
          entertainment is likely to recede.                                 few of the App based E-Distribution
          Even team celebrations, family                                     platforms in FMCG and Packaged
          outings etc. are likely to remain low                              Food and Beverage Products (such
          key for the next few years till the   food from offi ce canteens or outside   as Ebutor and NumberMall) will
          pall of gloom and fear lifts. Another   due to the hygiene factor. Hence   become redundant.
          point for eating-out will be that the   Institutional Caterers along with the
          55 plus aged customers will drop   Wedding Caterers and Party Caterers   The Post Covid Pandemic Lockdown
          very substantially which are, in fact,   will have to look for alternatives as   opens a Gigantic Opportunity for
          the better, richer customers. The   their business will drastically reduce   creating the world’s biggest direct-
          International QSRs such as Dominos,   to a minimal and it will take a longer   to-home channel for everything
          McDonald’s, Pizza Hut, KFC, Burger   time for their Catering business to   from staples, packaged Food and
          King etc and the Indian QSRs will get   recover.                   Beverages, Clothes, and electronic
          impacted for at least two years as                                 gadgets.  The   investment   of
          lesser number of parents will want   New format of Restaurants with   Facebook into Jio has an opportunity
          their younger kids and teenagers to   only takeaways / Deliveries and   to change the retail face of India
          hang out / eat out.              Cloud Kitchen formats will emerge.   with Facebook’s social messaging
                                           Street food will close for few years   app WhatsApp having 400 million
          Catering segment of the Food     as the middle-class consumers     users in India, and Reliance’s retail
          Service will be the most affected   would want to avoid anything that   network of around 1,000 stores with
          business during the post Covid   looks suspect or seems unhygienic.   the six million-odd  Kirana / Mom &
          Lockdown period as most of the   Opportunity therefore, for many   Pop Stores across the country, riding
          Corporates will have Work from   ‘Home Restaurants / Takeaway or   as Jio’s telecom subscribers.
          Home policy and Corporate offi ces   only Delivery Restaurants / pop-
          will have a staggered Office hours /   up kitchens / Bakeries who will

          working policy. Even Employees will   make small quantities fresh in their   * Author is Chief Brand Mentor and can be
          mostly try to get their own packed   kitchens and supply anything from   reached at rajanmathews@gmail.com /
          food from home rather than having   dhokla to sandwiches / Burgers /   prmathews@nextfoodbrands.com


                                           Food Marketing & Technology   48 September 2020
   43   44   45   46   47   48   49   50   51   52