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COVID-19
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The Indian food processing market size reached INR 22,830 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 41,835.8 Billion by 2027, exhibiting a growth rate (CAGR) of 10% during 2022-2027. 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.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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IMARC Group provides an analysis of the key trends in each sub-segment of the Indian food processing market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on sector.
Breakup by Sector:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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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.
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | INR Billion |
| Segment Coverage | Sector, Region |
| Region Covered | North India, South India, East India, West India |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2299 Five User License: US$ 3399 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The Indian food processing market was valued at INR 22,830 Billion in 2021.
We expect the Indian food processing market to exhibit a CAGR of 10% during 2022-2027.
The expanding working women population, along with the increasing demand for processed foods such
as ready-to-eat products and snacks that require limited time for cooking and meal preparation, is
primarily driving the Indian food processing market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards e-commerce platforms for the purchase of
processed food in India.
Based on the sector, the Indian food processing market can be segmented into dairy, fruits and
vegetables, meat and poultry processing, fisheries, packaged foods, beverages, and others. Currently,
the packaged food sector holds the majority of the total market share.
On a regional level, the market has been classified into North India, South India, East India, and West
India, where West India currently dominates the market.
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