Summary:

According to a CII analysis backed by Danfoss India, the domestic food market is expected to grow by more than 47% by 2027, reaching $1,274 billion. The report, titled "Food Processing Sector in India - Potential for Southern States," highlights the rise of tech-driven businesses and underscores the potential of southern regions. Tamil Nadu leads in processed fruit, juice, and nut exports, accounting for 33% by quantity and 27% by value.

The report identifies emerging trends, technologies, and export opportunities in the food processing industry, enabling organizations to make more informed decisions. Mr. Ravichandran Purushothaman of CII emphasizes South India’s potential for transformation, noting opportunities in millets, ready-to-eat products, and plant-based dairy. The study highlights technology’s role in driving growth, ensuring safety and quality, and boosting India’s global exports.

Source: IBEF 

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