The food and beverage (F&B) industry in India is one of the most vibrant and the fastest-growing industries in the country too. The sector has had an unprecedented boom due to the power of urbanization as well as consumer preferences and disposable income because it currently has a market size of around $334 billion which is estimated to grow to a high of $691.47 billion by the year 2030. The industry takes into consideration the industry that runs the traditional processing to that of packaged goods, beverages, and quick-service restaurants.
Leading food companies in India are playing a crucial role in this transformation by meeting the growing demand for safe, innovative, and accessible products. Not only does this industry provide food to 1.4 billion people of the country but it also plays a major role in creating jobs, growth in agriculture, and earnings of the country through exports.
Such attention given by the government in manufacturing through different projects, as well as an allocation of Rs. 3,290 crores in the 2024-25 budget, makes the industry very strategic in the Indian economic roadmap.
In today’s blog we will explore the top Food manufacturing companies in India in depth!
Significance of the Food & Beverage Sector in India’s Economy
Economic Impact and Growth Drivers
Food and beverages are one of the most important sectors of the Indian economy as well as significant contributors to GDP, job creation and developing industries. The industry also plays a very key role in bridging the gap between the agricultural sector and the manufacturing one by handling and processing raw agricultural produce into value-added products.
- Market Size: Indian market size is estimated to be worth $334 billion with estimates showing the market growing to the value of 691.47 billion dollars by 2030 with a compound annual growth rate of 11.05%.
- Creating Jobs: The industry directly and indirectly offers employment to several million individuals all through the chain of production, from retail workers to the farmers.
- Export potential: The exports under processing were more than $19 billion in 2022-23, indicating the international competitiveness of the industry.
- Agricultural Integration: The sector is providing the demand for agricultural produce, which is boosting the incomes of farmers and enhancing rural growth.
The expansion of the industry is promoted by a number of things such as speedy urbanization, the inflation in disposable income, lifestyle shifts, organized families, and the growing interest in convenience goods. The resultant market segments of organic, healthy, and premium products are the expanding health-conscious middle classes and growing health consciousness in the individual.
Market Overview & Industry Stats
Current Market Dynamics
Indian F&B industry offers a dispersed and disjointed area with organized and unorganized active participants. Distinctive features of the market are good domestic demand, rising foreign investment, and technology in the process of product processing and packaging.
Industry Statistics:
- Market Value: 334.19 billion dollars (2024)
- Forecasted growth: It is projected to grow to 691.47 billion dollars by 2030.
- CAGR (2024-2030): 11.05 %
- Service Market: 49.8 billion in 2024 drug with the prognosis to achieve 116.8 billion in 2033
- Market Beverage: In 2024, estimated to be 75.01 billion, whereas, in 2034, it is expected to be 144.82 billion
- Government Investment: Rs 3290 crores invested in 2024-25 in the Ministry of Processing Industries
There is a wide agricultural base in India, massive consumer base, and the growing infrastructure of the supply chain that favours the industry. Some drivers related to key growth are urbanization, a shift in consumer patterns, growth in women’s workforce participation, and growth in per capita income.
Market SegmentationThe
F&B industry is divided into different categories:
- Packaged Products: Biscuits, snacks, ready-to-eat meals and dairy products
- Drinks: Soft drinks, caffeinated, fruit juices, alcoholic drinks
- Milk and milk products: milk, yogurt, cheese, ice cream
- Candy: Sweet candies and chocolates, ordinary sweets
- Processed goods: Frozen food, canned and instant noodles
Types of Food Manufactured in Indian Food Companies
Various products that suit different interests of consumers and their regional preferences are manufactured in India by Indian manufacturers. The food & spices manufacturing industry evokes the rich culture of food from India and the adoption of contemporary processing technology.
Grain and Cereal products
- Wheat-based food: Biscuits, crackers, bread, pasta
- Rice product: Rice cake, instant rice, rice noodle
- Breakfast food: Cornflakes, muesli, porridge mixes
- Traditional products: Atta, maida, and semolina
Dairy and Dairy Alternatives
- Milk and milk products: fresh milk, powdered milk, condensed milk
- Fermented food: Yogurt, lassi, buttermilk
- Cheese: Paneer and processed cheese, specialty cheese
- Frozen desserts and ice cream
Snacks and Confectionery
- Savoury snacks: Chips, namkeen, extruded snacks
- Sweet pick-me-ups: Biscuits, cookies, rusks
- Confectionery: Chocolates, candies, and chewing gum
- Conventional desserts: Packed mithai, dry fruits
Beverages
- Tea and coffee: leaf tea, instant coffee, premixes
- Soft drinks: The beverages that are carbonated, fruit-oriented beverages, energy beverages
- Health drinks: Malt drinks, protein drinks
- Water in packets and flavored water
Convenience and Processed products
- Ready-to-eat: pasta, instant noodles, Rice dishes
- Frozen products: vegetables, meals, snacks
- Canned goods: Sauces, vegetables, fruits
- Spices and seasoning: Grated spices, spice combinations, and sauces
Top 20 Food Companies in India | 2025 Data
1. Nestlé India Limited
Founded: 1961
Founder: Henri Nestlé (global), Local incorporation in India
Headquarters: Gurugram, Haryana
Type: Multinational FMCG Company
Website: www.nestle.in
Address: Nestlé House, Jacaranda Marg, DLF Phase II, Gurugram, Haryana 122002
Nestle India, which was founded in 1961, has developed an impressive presence by means of localizing and innovating their products. As one of the leading food companies in India, it operates 8 factories and employs more than 7,000 staff, successfully localizing the world brands to the taste of the Indian market, yet keeping the same international standard of quality. This has been due to its dedication to nutrition, health, and wellness that have made it a household name in both urban and rural India.
Core Products: Nescafé, Maggi, Milkybar, Kit Kat, Bar-One, Milkmaid, Nestea, Nestlé Milk, Nestlé Slim Milk, Nestlé Dahi
Market Position & Revenue: India’s largest packaged company with a market cap of ₹84,442.40 crores
USPs & Differentiators: Strong brand portfolio, extensive distribution network, focus on nutrition and wellness, local taste adaptation
2. ITC Limited
Founded: 1910
Founder: Imperial Tobacco Company (now diversified)
Headquarters: Kolkata, West Bengal
Type: Diversified Conglomerate
Website: www.itcportal.com
Address: Virginia House, 37 J.L. Nehru Road, Kolkata 700071
ITC Limited is no longer a tobacco company; this has changed into a multi-business company, having entered the food business in 2001. As one of the prominent food companies in India, another pillar of strategy the company has is the food division, where long distribution networks and supply chain capabilities have been deployed. It has an integrated model of the business in agriculture, manufacturing and distribution, which gives it a huge competitive advantage and gives focus to sustainability and welfare of the farmers.
Core Products: Aashirvaad, Sunfeast, Bingo!, Yippee!, Kitchens of India, B Natural
Market Position & Revenue: India’s second-largest packaged food company, surpassing Britannia in recent years
USPs & Differentiators: Diverse product portfolio, strong rural reach, sustainable practices, integrated value chain
3. Britannia Industries Limited
Founded: 1892
Founder: Gustavus Hindmarch
Headquarters: Bangalore, Karnataka
Type: Public Limited Company
Website: www.britannia.co.in
Address: Britannia House, 1-A Hungerford Street, Kolkata 700017
Britannia Industries is one of the oldest and favorite brands of India ,having a legacy of more than 130 years. Born out of a tiny bakery shop in Kolkata, the company is currently the market leader in producing biscuits in India. The keys to its success are a thorough knowledge of the Indian consumer, along with solutions that provide constant innovation. It has a strong distribution channel that targets millions of retail stores all over the country.
Core Products: Good Day, Tiger, NutriChoice, Milk Bikis, Jim Jam, Little Hearts, Marie Gold, Britannia Bread
Market Position & Revenue: Third-largest packaged food company, dominant inthe biscuit market
USPs & Differentiators: Heritage brand, strong distribution network, focus on health and nutrition, innovation in biscuit category
4. Hindustan Unilever Limited (HUL)
Founded: 1933
Founder: Unilever (global parent)
Headquarters: Mumbai, Maharashtra
Type: Multinational Consumer Goods Company
Website: www.hul.co.in
Address: Unilever House, B.D. Sawant Marg, Chakala, Andheri (East), Mumbai 400099
Hindustan Unilever. Having been founded in 1933, Hindustan Unilever is one of the largest FMCG companies in India, which is highly represented in beverages. As one of the leading food companies in India, the food business of the company consists of tea, coffee, ice cream, and processed foods and utilizes the distribution network along with consumer knowledge of HUL. Its sustainability and purpose-driven strategy have made it a responsible corporate leader.
Core Products: Lipton, Bru, Taj Mahal, Red Label, Brooke Bond, Kwality Wall’s, Kissan
Market Position & Revenue: One of India’s largest FMCG companies with a significant F&B portfolio
USPs & Differentiators: Strong brand portfolio, extensive distribution, focus on sustainability, consumer insights
5. Parle Products Private Limited
Founded: 1929
Founder: Mohanlal Dayal Chauhan
Headquarters: Mumbai, Maharashtra
Type: Private Limited Company
Website: www.parleproducts.com
Address: Parle House, 17 Nehru Road, Santa Cruz East, Mumbai 400055
The Parle Products was started in 192,9 and it has since then become synonymous with affordable and quality biscuits & confectionery. The Parle-G brand is the flagship of this company and is the largest selling brand of biscuits in the world. Its keynote success strategy is its ability to provide high-quality products at affordable prices, and hence a favorite among all kinds of people with wide distribution in the rural areas.
Core Products: Parle-G, Monaco, Krack Jack, Hide & Seek, Melody, Mango Bite, Poppins
Market Position & Revenue: Leading biscuit manufacturer with a strong rural presence
USPs & Differentiators: Affordable pricing, strong rural distribution, iconic brand recognition, local taste preferences
6. Amul (Gujarat Co-operative Milk Marketing Federation)
Founded: 1946
Founder: Tribhuvandas Kishibhai Patel, Verghese Kurien
Headquarters: Anand, Gujarat
Type: Cooperative Society
Website: www.amul.com
Address: Amul Dairy Road, Anand, Gujarat 388001
Amul is one of the most privileged cooperatives in India, whose formation took place in 1946 as the biggest brand of dairy in India. As one of the most iconic food companies in India, the organization has transformed the dairy industry in India by visionary cooperative partnerships empowering millions of farmers. Amul has a membership of more than 3.6 million farmers which has a turnover over Rs. 55,000 crores and it remains a role model in cooperative businesses all over the world.
Core Products: Amul Milk, Amul Butter, Amul Cheese, Amul Ice Cream, Amul Chocolates, Amul Lassi
Market Position & Revenue: India’s largest dairy brand with significant market share
USPs & Differentiators: Cooperative model, farmer empowerment, quality assurance, extensive cold chain network
7. PepsiCo India
Founded: 1989 (in India)
Founder: PepsiCo Inc. (global parent)
Headquarters: Gurugram, Haryana
Type: Multinational Corporation
Website: www.pepsicoindia.co.in
Address: Tower A, DLF Cyber City, DLF Phase – III, Gurugram, Haryana 122002
Since 1989, PepsiCo India has become one of the most successful manufacturers of beverages and snacks that adapted international brands to the Indian palate. The company runs 36 manufacturing units and employs more than 7,000 staff members, paying attention to sustainability and less use of water and plastic. It has a wide portfolio that supports multiple consumer segments and an FMCG breadth of distribution in India, which is among the finest.
Core Products: Pepsi, 7UP, Mirinda, Tropicana, Gatorade, Lay’s, Kurkure, Cheetos
Market Position & Revenue: Major player in the beverage and snacks segment
USPs & Differentiators: Strong brand portfolio, innovative products, extensive distribution, local flavor adaptation
8. Coca-Cola India
Founded: 1993 (re-entry)
Founder: The Coca-Cola Company (global parent)
Headquarters: Bangalore, Karnataka
Type: Multinational Corporation
Website: www.coca-colaindia.com
Address: Brigade Metropolis, Garudacharpalya, Whitefield, Bangalore 560066
Since 1993, when it re-entered the Indian market, Coca-Cola India has developed a full portfolio of beverages. The company operates with its local bottling partners and invests hugely on manufacturing infrastructure. Its approach also concentrates on diversification of portfolios and it did manage to gain local brands such Thums Up and Limca, which has made it one of the most well-known brands of beverages in India.
Core Products: Coca-Cola, Sprite, Fanta, Thums Up, Limca, Maaza, Minute Maid
Market Position & Revenue: Leading soft drink manufacturer with strong market presence
USPs & Differentiators: Global brand recognition, extensive distribution network, local brand acquisitions, innovation
9. Dabur India Limited
Founded: 1884
Founder: Dr. S.K. Burman
Headquarters: New Delhi
Type: Public Limited Company
Website: www.dabur.com
Address: 8/3 Asaf Ali Road, New Delhi 110002
By having more than 140 years of heritage, Dabur India is among the oldest companies dealing with natural consumer goods in India. Counted among the leading food companies in India, it has been able to use its Ayurvedic expertise in developing a product basket that consists of health supplements, personal care and beverages. Through its traditional-meets-modern technology brands such as Real Fruit Juices and Hajmola, it has expanded its food division by leaps and bounds.
Core Products: Dabur Honey, Real Fruit Juices, Hajmola, Pudin Hara, Dabur Chyawanprash
Market Position & Revenue: Leading natural products company with a growing F&B portfolio
USPs & Differentiators: Natural and ayurvedic heritage, health-focused products, strong rural presence
10. Marico Limited
Founded: 1990
Founder: Harsh Mariwala
Headquarters: Mumbai, Maharashtra
Type: Public Limited Company
Website: www.marico.com
Address: Marico House, 7th Floor, 9 Mathuradas Mills Compound, Lower Parel, Mumbai 400013
Since its inception in 1990, Marico Limited has emerged as one of the most prominent consumer goods enterprises that concentrate on goods relating to healthy lifestyles and healthiness. In its food line, the company also offers cooking oil, breakfast cereals, and health supplements, haltingly to meet the rising demand of healthy food. It has high brand equity on its health segment which facilitates higher prices and dominance in the market.
Core Products: Saffola Oils, Saffola Oats, Saffola Honey, Saffola Atta, coconut oil products
Market Position & Revenue: Leading healthy food products brand with a focus on wellness
USPs & Differentiators: Health and wellness focus, innovation in healthy products, strong brand equity
11. Patanjali Ayurved Limited
Founded: 2006
Founder: Baba Ramdev, Acharya Balkrishna
Headquarters: Haridwar, Uttarakhand
Type: Private Limited Company
Website: www.patanjaliayurved.net
Address: Patanjali Herbal Park, Haridwar, Uttarakhand 249405
Patanjali Ayurved has taken the natural products industry in India to be a revolution after integrating the ancient Indian knowledge of wisdom with contemporary manufacturing. It grew to incredible levels because this company offered natural, chemical free products at reasonable prices. Patanjali has rotated the normal market forces with more than 5000 retail stores and manufacturing plants being the largest integrated ayurvedic compounds in Asia.
Core Products: Patanjali Atta, Patanjali Ghee, Patanjali Honey, Patanjali Biscuits, Patanjali Noodles
Market Position & Revenue: Fast-growing natural products company with strong rural appeal
USPs & Differentiators: Ayurvedic heritage, natural products, aggressive pricing, strong brand ambassador
12. Godrej Consumer Products Limited
Founded: 2001 (demerged from Godrej Industries)
Founder: Godrej Group
Headquarters: Mumbai, Maharashtra
Type: Public Limited Company
Website: www.godrejcp.com
Address: Godrej One, Pirojshanagar, Eastern Express Highway, Vikhroli East, Mumbai 400079
Godrej Consumer Products was founded in 2001 as a result of a demerger of Godrej Industries and is one of the most respected consumer goods companies in India with a developing strength in the food and beverage arena. Among the emerging food companies in India, the firm has concentrated on the themes of innovation, sustainability, and consumer-centricity as well as high-quality standards. GCPL has a presence in more than 30 countries and has been able to venture outside India without losing sight of India.
Core Products: Godrej Jersey Tea, Real Fruit Power, Good Knight products
Market Position & Revenue: Strong presence in home and personal care with a growing F&B portfolio
USPs & Differentiators: Innovation focus, sustainable practices, strong distribution network
13. Haldiram’s
Founded: 1937
Founder: Ganga Bishan Agarwal
Headquarters: Nagpur, Maharashtra
Type: Private Company
Website: www.haldirams.com
Address:Haldirams Corporate Office, Nagpur, Maharashtra
With a heritage of more than eight decades, Haldiram is the favorite company of India as far as traditional snacks and sweets are concerned. As one of the leading food companies in India, the firm has managed to maintain and modernize the old Indian foods alongside expanding the business to other parts of the country. It has been successful because it has ensured that it keeps a genuine flavor and a sense of quality of its products including the traditional nankeens to the modern ready-to-eat meals, with its massive retail networks including international markets.
Core Products: Namkeen, traditional sweets, ready-to-eat meals, beverages
Market Position & Revenue: Dominant player in traditional snacks and sweets segment
USPs & Differentiators: Traditional recipes, quality consistency, extensive product range, strong regional presence
14. Bikaji International Limited
Founded: 1986
Founder: Shiv Ratan Agarwal
Headquarters: Bikaner, Rajasthan
Type: Public Limited Company
Website: www.bikaji.com
Address: Bikaji House, Rani Bazar, Bikaner, Rajasthan 334005
The modern company Bikaji International was created in 1986 and has acquired the leading position as a producer of ethnic snacks and confectionery goods rooted in the traditions of Rajasthani cuisine. Consistency in the tradition of doing good, good flavours and good quality has transformed the company into a national brand. Its plant operations incorporate ages-old food recipes with modern production technology even as it continuously keeps a high profile in North and West India.
Core Products: Bhujia, namkeen, sweets, papad, ready-to-eat products
Market Position & Revenue: Major player in the ethnic snacks segment
USPs & Differentiators: Traditional Rajasthani recipes, quality ingredients, strong brand recognition
15. Vadilal Industries Limited
Founded: 1926
Founder: Vadilal Gandhi
Headquarters: Ahmedabad, Gujarat
Type: Public Limited Company
Website: www.vadilalicecreams.com
Address: Vadilal House, 393 Bellasis Road, Mumbai 400008
Vadilal Industries was founded in 1926 and it is one of the oldest and most well-renowned ice cream producers in India that has almost a century of its heritage. Counted among the legacy food companies in India, it started out as a small ice cream parlor and has grown into a serious competitor in the frozen desserts industry, basing its success on the quality of ingredients and innovative flavors as well as knowledge of the Indian taste requirements. It has high-quality manufacturing plants that guarantee quality all over Western India, through its business establishments.
Core Products: Ice creams, frozen desserts, kulfi, candy
Market Position & Revenue: Significant player in the ice cream segment
USPs & Differentiators: Regional flavor expertise, quality ingredients, diverse product portfolio
16. Mother Dairy
Founded: 1974
Founder: National Dairy Development Board
Headquarters: New Delhi
Type: A wholly owned subsidiary of NDDB
Website: www.motherdairy.com
Address: Patparganj Industrial Area, Delhi 110092
Mother Dairy is a brand of India that was founded in 1974 as a wholly owned subsidiary of NDDB and today it is one of the most trusted dairy brands in India. The company was instrumental in the India White Revolution and saw to the availability of quality milk to millions of individuals in North India. It has activities that include procurement, processing and distribution of products through cooperative societies and network of retailers, with top of the line processing facility keeping the products fresh and of quality.
Core Products: Milk, curd, paneer, ice cream, fruit beverages, snacks
Market Position & Revenue: Major dairy brand with an expanding food portfolio
USPs & Differentiators: Quality assurance, competitive pricing, strong distribution network
17. Prataap Snacks Limited
Founded: 2009
Founder: Arpit Agarwal
Headquarters: Indore, Madhya Pradesh
Type: Public Limited Company
Website: www.yellowdiamond.in
Address: Prataap Snacks Limited, Indore, Madhya Pradesh
Prataap Snacks established in 2009 is the fast paced company in snacks industries in India with high regional circle market and low cost. The firm has spread in different states at a high rate due to its market penetration and new products development strategies. The key to its success strategy is to gain a feel about local tastes and provide high-quality products at affordable prices using well-positioned manufacturing plant resources.
Core Products: Yellow Diamond, Avadh, Rich Feast branded snacks
Market Position & Revenue: Growing player in regional snacks market
USPs & Differentiators: Regional focus, quality products, competitive pricing
18. Kwality Limited
Founded: 1992
Founder: Siva Group
Headquarters: New Delhi
Type: Public Limited Company
Website: www.kwality.com
Address: New Delhi
Kwality Limited is a qualified dairy industry player that started in 1992 and operates across the milking, processing, and distribution areas of the dairy industry in India. Recognized as one of the emerging food companies in India, the firm has also established a value chain of dairy linking the farmers and the consumers using effective channels. It uses modern technology in its manufacturing plants to guarantee consumer safety and quality of its products at competitive prices in the entire North India.
Core Products: Milk, dairy products, ice cream
Market Position & Revenue: Regional dairy player with expanding operations
USPs & Differentiators: Quality focus, competitive pricing, regional presence
19. Cremica Industries Limited
Founded: 1978
Founder: B.L. Aggarwal
Headquarters: Chandigarh
Type: Private Limited Company
Website: www.cremica.in
Address: Chandigarh
And with more than forty years of experience Cremica Industries has become one of the most successful producers in the condiments and bakery division in the North of India, after opening its doors in 1978. Developing modern innovative solutions of quality baked goods and fresh condiments choices, by introducing new ways of manufacturing, with old traditional recipes, the company has made a name for quality products. Its market position as well as distribution channel is well suited to major North Indian markets.
Core Products: Bread, buns, cakes, mayonnaise, ketchup, sauces
Market Position & Revenue: Strong presence in the North Indian bakery market
USPs & Differentiators: Quality bakery products, innovative recipes, strong regional distribution
20. Kohinoor Limited
Founded: 1976
Founder: Gurnam Arora
Headquarters: New Delhi
Type: Public Limited Company
Website: www.kohinoorfoods.co.in
Address: New Delhi
Started in 1976, Kohinoor Limited has emerged as one of the leading companies in the Indian basmati rice industry with more than forty years of tradition of processing and marketing superior quality rice. Counted among the prominent food companies in India, the company has acquired a high standard reputation through extensive knowledge in the field of rice processing and the process of supervising the quality. Its well-developed manufacturing units provoke regular quality and comply with the international standards which made it become a serious exporter of Indian basmati rice.
Core Products: Basmati rice, ready-to-eat meals, spices, ingredients
Market Position & Revenue: Major player in basmati rice segment
USPs & Differentiators: Premium quality basmati rice, export expertise, diverse product portfolio
Challenges in the Indian Food Industry
Regulatory and Compliance Issues
A Multi-faceted regulatory system with numerous government agencies such as FSSAI, state governments and central government departments presents a challenge in operations. Corporations have to cope with shifting food safety regulations, stamping regulations, and quality modifications in various states and also ensure that they have met all the emerging regulations.
Supply Chain and Infrastructure Constraints
There is poor transportation network, lack of enough warehousing capacities and inadequate cold chain facilities which makes it very poor in operations. Such infrastructure limitations result in food wastage, quality reduction as well as higher expenses besides unavailability of modern processing plants in hindering their efficiency and competitiveness.
Raw Material Price Volatility
Unstable prices of agricultural commodities brings about great difficulty to manufacturers since it is subject to seasonal use, weather, and international market forces. Such volatility has an effect on the input costs to the point of causing inability to configure uniform prices or margins in profits, and especially the smaller players who do not have resources at their disposal to hedge against such hazards.
Quality Control and Safety Standards
It is difficult to maintain a similar level of quality in a variety of suppliers and manufacturing plants. The safety of food would cause serious reputation and consumer confidence issues in brands and would exert a current on the system to have strong quality control even though there is pressure on cost control and safety standards that are continually changing.
Market Competition and Pricing Pressure
The presence of intensive domestic and international competition also makes prices very hectic, especially in the hands of the unorganized sector players who have low cost structures. This rivalry has made it difficult to compete with price and keep quality related margins in commodity-based categories with organized players.
Consumer Behavior and Market Fragmentation
The different consumer tastes of eight states, varying income status and cultural background make development and marketing consumers of goods in India very complex. The market structure is disintegrated with the presence of many channels of distribution and different consumer tendencies thus making it very difficult to realize economies of scale and effective penetration.
Conclusion
The food and beverage industry in India can be taken as a great entrepreneurial, innovative, and customer-focused example of growth. Having a current size of the market of 334 billion dollars and predicted to increase to 691.47 billion dollars in 2030, the industry exhibits an unprecedented ability to withstand and flourish. The fact that the industry has managed to integrate modern technology of processing with traditional Indian tastes has generated a special competitive niche in the home market as well as in foreign countries.
Food companies in India, such as Nestle, ITC, Britannia, and the new entrants such as Patanjali, have managed to survive a wide range of consumer tastes and create good brand loyalty. Nevertheless, the industry is laden with problems concerning infrastructure, regulation and supply chain management, but it is still developing in the sense of technological improvement, sustainable operations, and product innovation. This sector is being considered as the key to India’s economic growth plan of the next decade because of the contribution that the sector will make to the creation of employment, advancement of agriculture, and earning export income.
FAQs
How big is the food and beverages business in India?
The Indian F&B sector is estimated at about 334 billion in 2024, and it is estimated to increase to 691.47 billion by 2030 at the CAGR of 11.05%.
Which are the leading food companies in India?
The leading packaged food companies are Nestle India, ITC, Britannia Industries, Hindustan Unilever and Parle products, with the largest market capitalization of Nestle.
What are the main growth drivers for the Indian food industry?
Among the significant drivers are- rapid urbanization, the rising number of disposable incomes, a shift in lifestyle trend, the emergence of a nuclear family, the rising participation of women in the workforce, and a surge in health-consciousness among the consumers.
What challenges does the Indian food industry face?
Mandatory compliance of regulations, fixed limits of infrastructure, instability of cost of raw materials, control of quality, competition in the market and regional disintegration of preferences are also major challenges.
How does the government support the food processing industry?
The government assists by giving different measures such as it has raised its budgetary allocation of the Ministry of food processing industries which has updated to the figure of Rs. 3,290 crores during 2024-25 which is 13 percent higher than the earlier estimates.
