Indian food Industry value to reach $ 535 bn by 2025
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Bengaluru, Sept. 24 -- The Indian food industry is poised for exponential growth, currently growing at a CAGR of 11 per cent, with a projected output of USD 535 billion by 2025, said Yogesh Mudras, Managing Director, Informa Markets in India.
While addressing the Food Ingredients India (Fi India) and ProPak India by Informa at Bangalore International Exhibition Centre (BIEC) Mudras, said, "The COVID-19 pandemic accelerated a significant shift in food habits, including consumer buying preferences, consumption patterns, and overall behaviour. Greater awareness of the possible health problems related to foods has led to the growth of demand for health and wellness products and ingredients. These trends have created a vast spectrum for the u...
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