Urbanization Drives Growth in India's Food & Beverage Industry

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Researched by Industrial Info Resources (Sugar Land, Texas)--Urbanization is driving the growth of India's Food & Beverage Industry, which is becoming increasingly digitalized to keep up with the demand. India's food sector is expected to see a compound annual growth rate of 4.1% in the coming years, according to India's The Economic Times, reaching US$344 billion in value by 2025.

Additionally, the packaged and prepared foods sector within India's Food & Beverage Industry is expected to surpass US$156 billion in value by 2026, according to the Times. Industrial Info is tracking 49 projects within the sector, valued at more than US$650 million in total. Subscribers to Industrial Info's Global Market Intelligence (GMI) Food & Beverage Project Database can click here for a list of related project reports, and click here for a list of related plant profiles.

Subscribers can click here for a list of related reports for all other Food & Beverage Industry projects across India, and click here for a list of related plant profiles.

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).