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 2030

Report Code: PMI418620 | Publish Date: March 2024 | No. of Pages: 180

India Food Processing Industry Market Overview

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.

India Food Processing Industry Market Dynamics

 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.

India Food Processing Industry Market Segmentation

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.

Attribute

Details

Base year for estimation

2019

Forecast period

2019 – 2029

Market representation

Revenue in USD Million & CAGR from 2019 to 2029

Market Segmentation

  • 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

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

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 2019 to 2029. 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

India Food Processing Industry Market Key Players

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.

India Food Processing Industry Market Company Profile

  • Venky’s India
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Godrej
  • Patnjali
  • Modern Dairies
  • Marico
  • Kwality
  • MTR
  • Surya Food & Agro
  • Haldiram’s
  • Vadilal Industries Ltd.

 “*” marked represents similar segmentation in other categories in the respective section

India Food Processing Industry Market Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for Food Processing Industry Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Sector
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Market Segmentation, By Sector, Forecast Period up to 10 Years, (US$ Mn)

  • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Grain Based Industry
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Pulses Based Industry
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Oilseed Based Industry
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Fruits and vegetables
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Spices Based
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Cereal Preparation
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Floriculture
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Milk & Milk Products
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Meat and Poultry
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Fisheries
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Plantation Based
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Venky’s India
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Godrej
  • Patnjali
  • Modern Dairies
  • Marico
  • Kwality
  • MTR
  • Surya Food & Agro
  • Haldiram’s
  • Vadilal Industries Ltd.

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

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

Increasing in preference by youth population drives the India Food Processing Industry Market.

In 2019, Patanjali Ayurved declared its entry into the dairy products segment, with cow milk, curd, buttermilk and cheese.

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.