India: Food Processing Ingredients Annual

  |   Attaché Report (GAIN)   |   IN2024-0014
The Indian food processing industry is an important driver of the country’s economic growth. It is experiencing significant development and is innovating in the field of processed and packaged foods. The sector significantly contributes to India's gross domestic product (GDP), exports, investment, and employment. The market for imported food products has grown these past few years; it is influenced by India's growing middle class, affluent professionals, brand-oriented importers, modern retail outlets, e-commerce retailers, and trend setting restaurants. These developments bode well for the introduction of U.S.-origin food processing ingredients in the Indian market.

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