Global Food Processing Industry Trends
With the stimulating growth being witnessed in the food retail sector, favorable economic policies, and attractive fiscal incentives, India's food ecosystem offers enormous opportunities for investment. India is the world's sixth-largest food and grocery market. In India, the food and grocery retail business accounts for over 65% of the total retail market. Food processing is critical in connecting Indian farmers to consumers in both domestic and international markets. The industry employs approximately 1.93 million people in approximately 39,748 registered units, has a fixed capital of $32.75 billion, and an aggregate output of approximately $158.69 billion. Grain, sugar, edible oils, beverages, and dairy products are the major industries that make up the food processing industry . The food The processing sector in India is indeed the largest in the world, with its output expected to reach $535 billion by 2025-26. Everything is undergoing transformation. The way we eat, ...