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The Indian food processing market reached a value of INR 30,938 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 12% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Food processing is a vast sector that encompasses activities such as agriculture, horticulture, plantation, dairy, animal husbandry, and aquaculture. It also comprises other industries that use agricultural inputs for the production of edible products. The Government of India (GoI) has acknowledged the food processing sector as a high-priority industry and is currently promoting it with various fiscal reliefs and incentives. It is undertaking multiple efforts to encourage investments in the sector. It is also approving proposals for industrial licenses, joint ventures (JV), foreign collaborations, and export-oriented units. Besides this, the Government has introduced an investor-friendly portal, known as Nivesh Bandhu, which integrates Central and State Government incentives and policies for all stakeholders operating in the food processing sector.
Indian Food Processing Market: Drivers
IMARC Group provides an analysis of the key trends in each sub-segment of the Indian food processing market report, along with forecasts for growth at the country and regional level from 2021-2026. Our report has categorized the market based on sector.
Breakup by Sector:
Breakup by Region:
The competitive landscape of the market has also been examined in the report and the profiles of key players have also been provided.
This report provides a deep insight into the Indian food processing market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian food processing industry in any manner.
|Base Year of the Analysis||2020|
|Segment Coverage||Sector, Region|
|Region Covered||North India, South India, East India, West India|
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Key Questions Answered in This Report:
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