India Food Processing Industry Market By Sector (Grain Based Industry, Pulses Based Industry, Oilseed Based Industry, Fruits & Vegetables, Spices Based, Cereal Preparation, Floriculture, Milk & Milk Products, Meat & Poultry, Fisheries, and Plantation Based) - Trends, Analysis and Forecast till 2034

Food processing include values applied to produces good from harvesting stage to making it obtainable as a usable food product to neither to the industrial raw material or as and end user to manufacturing industries. It helps in rising the shelf life of the products. Transformation of raw food ingredients into food or various forms of food is called as food processing. Agro processing sector includes any type of value addition to horticulture/agricultural / and also involves processes like grading, sorting, packaging, that improves shelf life of food products.

Increasing in preference by youth population

Consumption habits widespread in the country are witnessing a shift due to the change in population mix. India’s youth centric population (~35% of population aged between15 – 35 year) tends to prefer value added processed food over unprocessed food.

Increased affordability due to low priced packs

Cater to the less-income consumers, main food processing companies have presented low-priced small sized packs. This helped to rise particularly, affordability among customers in small cities where the affordability is relatively less. This strategic initiative has boost growth of the target market. For instance, in 2017, the government launched a scheme called SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) by merging all other schemes in the sector in order to achieve concentrated efforts and efficient allocation of capital and resources to foster the growth of the global market.

Improvement in food procurement

Development in food products gaining because of spreading of practices such as contract farming and main initiatives warranting best price for farmers (by eliminating middle men in procurement) have in turn reduced the wastage of food products available for processing. These initiatives have helped in increasing the supply of processed foods which is the propelling factor for the growth of the target market.

Lack of development of storage for Food

As per the estimation of the different industry the produced domestically waste is around 35%-40% of the fruits and vegetables because of deficiency of well-developed cold storage chain and other infrastructure facilities. In addition, this furthers contributes towards the increasing prices of the food processing product.

The India’s food processing industry market is segmented based on sector.

On the basis of sector, the India’s food processing industry market is segmented into grain based industry, pulses based industry, oilseed based industry, fruits & vegetables, spices based, cereal preparation, floriculture, milk & milk products, meat & poultry, fisheries, and plantation based.

India Food Processing Industry Market Report Scope

Segments Covered in the Report:

This report forecasts revenue provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the India’s food processing industry market report based on test, application, and region:

India’s Food Processing Industry Market, By Sector:

• Grain Based Industry
• Pulses Based Industry
• Oilseed Based Industry
• Fruits and Vegetables
• Spices Based
• Cereal Preparation
• Floriculture
• Milk & Milk Products
• Meat and Poultry
• Fisheries
• Plantation Based

The key players operating the India’s Food Processing Industry Market includes Venky’s India, Godrej, Patnjali Ayurved, Modern Dairies, Marico, Kwality, MTR, Surya Food & Agro, Haldiram’s, and Vadilal Industries Ltd. For Instance, in 2019, Patanjali Ayurved declared its entry into the dairy products segment, with cow milk, curd, buttermilk and cheese.

• Venky’s India
• Godrej
• Patnjali
• Modern Dairies
• Marico
• Kwality
• MTR
• Surya Food & Agro
• Haldiram’s
• Vadilal Industries Ltd.