OVERVIEW OF THE SECTOR FOOD PROCESSING

Statistics, news & updates: everything you need to know about the Food Processing Industry in India

Food Processing Industry India
  • Summary
  • Industry Clusters
  • Growth Drivers
  • Key Players
  • Market Stats

Summary

The Food Processing Industry is continuously growing in India. In general, the food sector emerged as a high-growth and high-profit sector. Therefore, the raw material demand for food is steadily growing, and with the growth in demand for packaged food and drinks within the youth and due to rising incomes, the Food Processing Industry doesn’t have to fear recession. Additionally, India offers a wide variety of food that can be processed without having to import it as it grows in India. As linkage between the producer and seller or end user of a product, the Food Processing Industry is an important part of India’s economy. The Government plans to establish 42 Mega Food Parks by 2019 and 134 cold chain projects are being setup to develop supply chain infrastructure. This possibility offered to Food Processing Companies will additionally boost the industry. Furthermore, the Indian Government declared an expansion of the Food Processing Industry as priority in its ‘Make in India’ campaign and is promoting investments to help the industry grow.

Please see our latest Food Processing Industry Newsletter here!

Map- Industry Clusters

Map- Industry Clusters - Food Processing

Growth Drivers

  • Growth of organized retail and urbanization
  • India being the 6th largest food and grocery market in the world
  • Food & Beverage sector is growing at a CAGR of 23-24%
  • India’s organic food market is expected to increase by three times by 2020
  • The online food ordering business in India is witnessing exponential growth

Key Players in India

International

  • Coca-Cola, Pepsi, Unilever, Mars, Mondelez (KraftFoods), Kellogg’s, Del Monte, Cargill, Ferrero, Nestle, Danone, McCain, Hershey, Perfetti

National

  • Kissan, Amul, Godrej Industries, Parle Agro, ITC Ltd., AgroTech Foods, Dabur India Ltd., Britannia, Sunfeast

 

updated in May 2017

Market Stats

  • Food Processing accounts for 32% of the total food market
  • Growing at 11%, contributes to 14% to the Manufacturing GDP, 13% exports and 6% of total industrial investment
  • Attracted FDI of $6.82 billion from April 2000 – March 2016
  • One of the largest industries in India and ranks fifth in terms of production, consumption and exports