New Delhi, Nov. 27 -- India's food services industry is set to surpass $120-125 billion by 2030, marking around 60% absolute growth from $78 billion in 2025, according to the Kearney-Swiggy 'How India Eats 2025' report, released on Thursday. This growth will be led by rising incomes, digital adoption and expanding supply chains that are reshaping how the country eats, the report added.
The organized segment-led by cloud kitchens, quick-service restaurants (QSRs) and cafe chains-is expected to double and even overtake the unorganized sector by the end of the decade, expanding at a 12-14% compound annual growth rate (CAGR) compared to 5-7% for unorganized players.
The organized sector's share of the overall market in terms of value stood ...
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