India Food & Beverage Industry

India Food & Beverage Industry · 26. December 2021
Recent developments in the Indian Food and Beverage Industry The Indian Food and Beverage Industry is emerging as a high-profit sector. It accounts for about 3 % of India’s GDP and around 2/3rd of the total retail market in India. In fact, the revenue in the food and beverage business segment is estimated to show a CAGR growth rate of 14.2 % from 2020-2024. Also, the projected market volume is USD 1,264 million by 2024. There are several factors that are driving this growth like rapid...