Food Processing Industry
The Indian food processing sector acts as a valuable link between two core sectors of the economy - agriculture and industry. Processing gives long shelf life and greater availability to farm produce. Processing also successfully breaks the seasonal cycle of farming by enabling the end-users to have the product round the year whenever and wherever they require with long shelf life. Food processing is considered as a sunrise industry in India with great scope for major growth as a lot of potential is left untapped. Only 2 per cent fruits and vegetables, 35 per cent milk, 21 per cent of meat and 6 per cent of poultry products are only being processed at present. The Indian processed food market is estimated at Rs 4,50,000 crore. The government's …show more content…
What are the key constraints that are slowing the growth of the sector and how are they being addressed? What are the various opportunities that the Indian Food Processing Industry provides? What are the trends in the food trade? How are the consumer food habits changing and how does it affect the industry? What are the support initiatives taken by the government and what opportunities do they provide in the value chain beyond just Processing? What is the industry expecting from the government to further the growth? What further can be done to help India reach the very deserving lead position in the global …show more content…
During the last one decade, India moved from a position of scarcity to surplus in Food.
The Food Processing Industry in India is on an assured track of growth and profitability. It is expected to attract phenomenal investment in capital, human, technological and financial areas. The total food production of India is estimated to double in the next ten years. Hence there is an opportunity for large investments in food and food processing technologies, skills and equipment. The major interventions in this context are, for example, Canning, Dairy and Food Processing, Specialty Processing, Packaging, Frozen Food / Refrigeration and Thermo
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