The global dairy snacks market was valued at US$ 214 Billion in 2021 and is projected to reach US$ 302 Billion by 2027, growing at a CAGR of 6%. India is currently the world’s largest producer of milk which has opened a plethora of opportunities in the dairy snacks industry.…
The fruit-based beverage industry in India is set to register massive growth in the coming years due to several factors driving the market such as fast paced modern lifestyle, an increase in disposable income of consumers, and rising temperature in India. Currently, The Indian packaged fruit juices market is valued…
Bakery products, due to their mouthwatering taste and affordability, are an item of huge consumption. There has been a trend of fortifying bakery products to meet demands of health-conscious consumers. The bakery industry consists of four segments: retail, wholesale, in-store, and food services. The wholesale bakery industry sector consists of…
India’s food processing industry is one of the largest in the world due to the abundant availability of agro produce providing an ideal environment to start a food processing industry. India is the world’s largest producer of Spices, Milk, and Pulses and the second-largest producer of food grains, fruits, and…
India is recognized as the world’s largest and most diversified food production base as it is the largest producer and exporter of spices, the largest producer of milk, and the second-largest producer of food grains, vegetables & fruits. Initiatives like Make in India and Aatmanirbhar Bharat Abhiyan have given the…
The ongoing evolution of consumer preferences, taste and buying behaviors has forced food industries to innovate new products and flavors as per consumer’s demand. Also, to offer food products at competitive prices, industries have to cut down their cost by optimizing their manufacturing process. Hence the Indian government along with…
PM Kisan Sampada Yojana aims at boosting the food processing sector in India by creating modern infrastructure with efficient supply chain management from farm gate to retail outlet. PMKSY scheme’s primary objective is to double the farmer’s income by encouraging the processing of agricultural produce. It also helps in creating…
Improved standard of living and a sharp rise in health awareness has triggered the demand for consumption of fresh fruit juice. It’s the most popular item in the beverage industry, and the abundant amount of nutrients available beats the demand for other packed beverages. For these very reasons, setting up…
The food processing industry in India is one of the fastest-growing sectors which is projected to reach INR 53,400 Bn by 2024, growing at a CAGR of 12.07% during the FY 2020-FY 2024 period. As food manufacturing units play an important role in linking Indian farmers to consumers, the Ministry…