How big is the food market in India?

Revenue in the Food market amounts to US$997.30bn in 2024. The market is expected to grow annually by 7.96% (CAGR 2024-2028). The market's largest segment is the segment Bread & Cereal Products with a market volume of US$192.50bn in 2024.

What is the size of food market in India?

Indian food service market estimated value 2022-2028

The food service market in India was estimated to be about 70 billion U.S dollars in 2023. It is estimated to increase to 125 billion U.S dollars in 2029.

How big is food delivery market in India?

The Online Food Delivery market in India is projected to reach a revenue of US$43.78bn in 2024. It is expected to show an annual growth rate (CAGR 2024-2028) of 16.95%. This growth will result in a projected market volume of US$81.91bn by 2028.

What is the market size of ready-to-eat food in India?

Revenue in the Ready-to-Eat Meals market amounts to US$72.21bn in 2024. The market is expected to grow annually by 9.23% (CAGR 2024-2028).

What is the market size of restaurant industry in India 2023?

Market Overview:

The India food service market size reached US$ 46.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 115.5 Billion by 2032, exhibiting a growth rate (CAGR) of 10.76% during 2024-2032.

Indian street food - CURRY like you've NEVER seen before! Indian street food in Ahmedabad, India

How big is the fast food industry in India?

The quick service restaurant market in India was valued at about 171.9 billion Indian rupees in financial year 2022. This was further estimated to grow to over 431 billion rupees by 2027.

Which is the largest industry market size in India?

Taking all three sectors into consideration, the textile industry is the largest industry in India. It accounts for around 20 percent of the industrial output and also provides employment to over 20 million individuals.

Which is the most consumed grocery in India?

"Fruit and vegetables" and "Rice" are the top two answers among Indian consumers in our survey on the subject of "Regularly consumed groceries". The survey was conducted online among 4,037 respondents in India, in 2023. Find this and more survey data on regularly consumed groceries in our Consumer Insights tool.

Is India now sufficient in food production?

India has seen notable success in various production metrics for food items, recently becoming the world's leading country in milk production. Yet the above statistics on zero-food underscore that achieving sufficiency in the production of food does not necessarily mean attaining food security among the population.

How big is the vegetable market in India?

Revenue in the Fresh Vegetables market amounts to US$70.29bn in 2024. The market is expected to grow annually by 8.73% (CAGR 2024-2028).

How big is the pizza industry in India?

The pizza market in India is worth around INR 1,500 crore, with an annual growth rate of over 26 percent for the last few years. India along with China, Brazil, Russia, and the USA is being seen as one of the emerging pizza markets globally.

How big is the pizza market in India?

Pizza stats

The pizza market in India is pegged at nearly $2 billion, according to information on the web. The market is dominated by American brands such as Domino's, Pizza Hut and Papa Johns.

What is the most delivered food in India?

Swiggy recently revealed that biryani was the most loved dish in 2022 with a record of 2.28 orders delivered per second. The outgoing year was a back-to-normal one, after two years of COVID-19 lockdowns and restrictions.

How much food is available in India?

An estimated 514 grams of food grain was available per person for each day across India in fiscal year 2022. This figure has increased significantly since 2015. Food grain included rice, wheat, maize, other cereals and a variety of pulses.

How big is frozen food market in India?

Market Insights:

The frozen food market in India was valued at INR 144.30 Bn in 2022. It is expected to reach INR 367.97 Bn by 2028, expanding at a CAGR of ~16.97% during the 2023 - 2028 forecast period.

How big is food market?

As of 2022, the global Food & Grocery Retail market was estimated at USD 11895277.68 million, and it's anticipated to reach USD 15882746.0 million in 2028, with a CAGR of 4.94Percent during the forecast years.

Is India a food surplus country?

India has a comfortable food situation with an overall surplus availability of grains and stocks expected to be higher than the minimum requirement for the next one year, Secretary, Department of Food and Public Distribution (DFPD), Shri Sudhanshu Pandey, said.

Is Pakistan self sufficient in food?

In the 2023 Global Hunger Index, the country ranked 102 out of 125 nations, with its hunger categorised as 'serious'. Pakistan currently faces a scenario in which it is largely food sufficient but not food secure.

Is India facing food crisis?

In 2023, the Global Hunger Index ranked India at 111th out of 125 countries. According to United Nations, there are nearly 195 million undernourished people in India that make up a quarter of the world's undernourished population. In addition, roughly 43% of children in India are chronically undernourished.

Which city is No 1 for food in India?

Delhi. The capital of the country is also known to be the food capital of India for food lovers. They have some of the best street food city in India, widely famous for its range of street food like Chaat, Chhole Bhature, to the amazing Butter Chicken.

What do most Indians eat for dinner?

Easy Indian Dinner Ideas

Usually South Indians eat rice, curry, veggie stir fry, sambar and rasam for dinner. Some people also eat chapathi and vegetable curry. Many people even love to eat only breakfast foods like Idli, crispy dosa for their dinner as it is easier to prepare.

Why groceries are so expensive in India?

Inflation and northern floods that have devastated this year's harvest in India, the world's most populous country, and sent prices of almost every part of a meal to record highs. NEW DELHI — Few foods are as essential to Indian cuisine as tomatoes and onions.

Which industry is richest in India?

Which is the No 1 industry in India?

The correct answer is Textile. India's textiles sector is one of the oldest industries in the Indian economy dating back several centuries. Even today, the textiles sector is one of the largest contributors to India's exports with approximately 15% of total exports.