India's Food Processing Sector is Expected to Grow

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Researched by Industrial Info Resources (Sugar Land, Texas)--India's food processing sector is an important segment of the country's Food & Beverage Industry. The sector is expected to add 9 million jobs by 2024, and by 2030, India would become the fifth-largest food consumer in the world, Prabodh Halde, chairman of All India Food Processors' Association (AIFPA) Western Region, told attendees at a conference last month.

The market size of the Indian food processing sector is around US$322 billion, and it is expected to reach US$543 billion by 2025, according to India's The Economic Times.

Industrial info is tracking 1,026 Food & Beverage Industry projects in India, worth US$9.45 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Food & Beverage Project Database can click here for a list of the project reports.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).