Snack Market in India Expected to Grow, an Industrial Info Market Brief

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India's snack market is expected to be worth more than 1 billion rupees (US$13.5 million) by 2024, according to FnBnews.com. Also, the bakery processing equipment market is expected to reach approximately US$11.4 billion by 2025. A growing number of professionals, rising urbanization, lifestyle changes and a growing acceptance of packaged foods are pushing the market for Indian snacks.

Industrial info is tracking 1,058 Food & Beverage Industry projects, worth US$8.07 billion, along with 1,371 industry plants.

Click here for a list of projects and here for a list of plants. See graph below showing project spending by sector.