The food industry makes up for 32% of the national food market and 10.4% share of the national exports. The food processing sector id referred to as the “Sunrise Sector” as it offers huge opportunities for investment, employment and growth.
Factors such as a huge consumer base, agro commodity hub, string economy, and conducive policies are driving the growth of the sector. Through the Ministry of Food Processing Industries (MoFPI), the Government of India is taking all necessary steps to boost investments in the food processing industry in India. By 2025, India’s food processing industry is expected to be worth over half a trillion dollars. The Food Processing sector in India has a quintessential role in linking Indian farmers to consumers in the domestic and international markets.
These insights suggest a huge market and growth for the food and processing industry which is an over needed sector. Team Pruvisor is your partner in harnessing it and expand your business exponentially. Get in touch with our expert team of consultants to know more.
Global Food Processing Market Research Report 2021
PruVisor Management Consulting is a research-based Management Consulting Firm providing end-to-end business research and strategic consulting services, and support to our Indian and International Clients. PruVisor Management Consulting is a group of professionals with a rich experience of decades in the field of Business/Market Research & Strategic Consulting across diverse industry verticals. Over the decade, PruVisor’s core team members have collaborated with leading Indian and International clients in solving their most analytical and complex business problems, assisting them in making enhanced business decisions, transforming actions into results and building a strategic business advantage.
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