Dexter Deep Dive
Burger vs Pizza : Comparison with demand and supply numbers(data from Zomato trends)
In Delhi NCR, the demand for burgers is outpacing that of pizzas, with 119 out of 166 regions showing higher demand for burgers. While the demand for burgers and pizzas is equal in Dadri, the supply of burgers is significantly less in this region, making it an ideal location for a burger chain. Other favorable locations for opening burger restaurants include Sector 109, Gurgaon, Sector 25, Sector 33, Ghitorni, Sector 1, Noida, and Sant Garh, Delhi. The data suggests a rising trend in burger demand, making it a lucrative opportunity for investors and new QSR chains, positioning burgers as the preferred choice over pizzas in the Delhi market.
Artificial hair : Export of this product has increased 10x in just 3 years
Over the past three years, the export of raw hair from India has surged by 10 times, reaching INR 1429 crore in FY23 from INR 123 crore in FY21. The price of raw hair has notably increased from $5 per kg in 2021 to $69 per kg in 2023. India has become a significant player in the multi-billion-dollar hair extension market, with processed hair exports rising from INR 2288 crore in FY20 to INR 4535 crore in FY23. Temples in India serve as an ethical source for human hair, with millions of devotees contributing. The South of India, known for its robust and diverse hair, has emerged as a major supplier. The USA, particularly Amazon, witnesses a substantial market for hair extensions, with Afro-Americans being the prominent consumers due to genetic hair characteristics. This valuable insight is sourced from Jitendra Sharma, founder of HairOriginals, a portfolio company of Dexter Ventures.
