Regulatory environment analysis and market assessment for a leading Germany-based dairy Company.
Project Background
Wazir conducted a comprehensive regulatory environment analysis and market assessment for a leading Germany-based dairy company, evaluating industry regulations, competitive dynamics, and consumer trends.
Scope of Work
1 Perform a regulatory assessment and develop an India entry strategy, answering the following key questions:
a. What are key regulations, standards and legal requirements for client’s offerings?
b. What are legal considerations, compliance obligations, and potential risks?
c. What are roles of key regulatory bodies?
d. What are compliance requirements for product quality, safety, packaging and labelling standards such as those outlined by FSSAI and DCGI?
e. What are regulations governing the import/export of baby products, including tariffs and quotas?
f. What is the current landscape of the Indian baby food and supplements market?
Result Delivered
Provided a detailed assessment of the market and regulatory requirements, covering:
Industry overview – market size, segmentation by age groups, product category, growth of key segments, trends, consumer buying behaviour
Regulatory landscape – government bodies regulating baby food and supplements, detailed regulations applicable for client’s product portfolio, licensing requirements, process, cost, timelines
Strategic choices for India entry and outlining recommended route to entry:
1 Evaluation of routes to entry (JV, company owned manufacturing, import, etc.)
2 Cost and regulatory implications for route to entry options
3 Risks and challenges associated with strategic choices
4 Formulating the ideal entry strategy in alignment with client’s vision and growth objectives