Gas Crisis Reshapes Retail: Shops Stock RTE/RTC, Raw Material Sales Drop

• The Iran-Israel conflict has led to an LPG crisis, impacting neighborhood shops and consumer habits in India.
• Retail shopkeepers are shifting strategy, stocking more Ready-To-Eat (RTE) and Ready-To-Cook (RTC) products instead of raw materials.
• Data from Bizom shows a 2.9% increase in RTE/RTC purchases in grocery stores in the first two weeks of March.
• Consumers are changing cooking habits, opting for low-gas-consumption foods and quick-to-prepare meals, leading to over 10.6% growth in RTE demand.
• Demand for grains like rice, wheat, and pulses has declined, while sales of noodles, packaged foods, snacks, and beverages have jumped 15% on e-commerce platforms.