Future of Food Industry- Focus on India 2020


The Indian Food Industry is going to grow and contribute their role in the global food industry. With the high potential and faster growth for the value addition in the food processing industry. The value of the food industry is having the current value of US$ 340.13 Billion! And is going to grow more at a compound annual growth rate (CAGR) of 12 per cent by 2020. Indian Consumption basket of food and grocery consists of 31 per cent.

It is targeting 32 per cent of Country’s total food market the Ministry of Food Processing Industries (MoFPI) making efforts to encourage investors to invest in the business. The MoFPI has approved the proposal for the Joint ventures (JV), foreign collaborators, Industrial Licenses and 100 per cent export-oriented units.


The food industry is one of the industries that has evolved in a different manner during this time. In several countries, the sales of raw food have increased and people are more inclined to making their own food instead of eating out. The restaurants and public eating places were closed by the governments across the countries and footfall in restaurants have decreased significantly. In fact, WHO also warned that the world is going to face one of the worst food crisis due to the recession caused by the Covid-19. Several food manufacturing factories were closed down due to their inability to run with no funds. At the beginning of the pandemic, there was panic buying resulting in a severe shortage of food in several major cities and eventually resulting in wastage of a large amount of food due to its perishable nature.

Despite the major disturbances faced by the industry, there are some segments such as online groceries and online food purchasing that increased significantly. The whole industry moved to digitalization and the trends that were supposed to be coming in the five years were launched quickly bringing more ease to the customers. Even the small scale farmers have adopted the use of digital distribution networks that have helped them gain an access to the direct consumers and we believe that there will be more opportunities in the coming years.

Table of Contents

Executive Summary

Market Overview:

   Food Industry:

      Impact of a pandemic

  India Food Packaging Market

      Impact of a pandemic

      Organized Packaged Food Market:

   Food Processing:

       Impact of a pandemic:

       Food Processing Organized and Unorganized sector:

   Food Distribution network:

       Impact of a pandemic:

   Fast Moving Consumer Goods (FMCG)

Future Outlook

Emerging market Growth

    Changing Consumer Preference

    Demand for Food

    Operational Challenges

    Cost pressure for Operations

    Demand for Convenience Food

Future of Indian Food Industry

Government Intervention


   Regulations suggested by FSSAI

Enabler of success






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