Emerging Retail Market in U.S.A
Venkata Krishna Vardhan Tanguturi
MBA-IFMR | BOS-Paari Business School | Data Processing Analyst | NSS Leader |
In recent years, there has been a trend of Indian students migrating to other countries to pursue their master's degrees and potentially settle in those countries permanently. The United States has been a particularly popular destination for these students, and the current administration of President Joe Biden has welcomed more international students to study in the US. As a result of this influx of immigrants, Telugu, a language spoken by many Indians, has become the fastest growing language in the US.
These immigrants often miss the flavors of their home cuisine and are willing to pay for Indian food, whether it be shipped from India or purchased locally. This has created a market opportunity for American manufacturers of fast moving consumer goods to produce and sell products that cater to the tastes of the Indian immigrant community. This market is particularly strong in the state of Texas, where there is a large concentration of Telugu immigrants. Texas is a suitable sample because of its significant population.
领英推荐
The demand for Indian food and other cultural products is likely to be sustained for an extended period of time as many of these students have the intention of settling in the US permanently and starting families of their own. Their children may also develop a preference for Indian cuisine and cultural products, further driving the demand for these types of goods. As a result, the market for American manufacturers of fast moving consumer goods to produce and sell products that cater to the tastes of the Indian immigrant community is likely to be a lucrative one that will remain viable for the foreseeable future.
#retailanalytics #retailinsights #usaretail #costco #target #amazonretail #fmcg #fmcgproducts #retail #albertsons #unilever #nestle #kelloggs #kraft #pepsico #procterandgamble #mars #walmart #kroger #amazon #walgreens #homedepot #lowes #publix #safeway #meijer #heb #brookshire #samsclub #emergingmarkets #nielseniq #nielsen #patelbrothers
Serving notice period, Senior Data Analyst with almost 4 years of experience @iOPEX Technologies| Ex NielsenIQ SQL|Power BI| looker | Python(inc.pandas)|Clickhouse |MySQL|Excel|G-sheet|Client Handling
2 年Sounds interesting Venkata Krishna Vardhan Tanguturi