1、For updated information,please visit www.ibef.orgAugust 2025FOOD PROCESSING2Table of ContentsExecutive Summary3Advantage India 4Market Overview 6Recent Trends and Strategies12Growth Drivers and Opportunities16Key Industry Contacts19Appendix213Executive summarySource:Press Information Bureau,News Art
2、icles,DPIITIndiaranksfirstinmilkproduction,contributing around25%of global output.Milk production in India grew ata rate of 5.7%CAGR fromFY15 to FY24.Ranks second in global eggproduction and fifth in meatproduction.From2019eggproductiongrew at a rate of 6.58%CAGRto 2024.Meat production grew at 4.8%C
3、AGR in the same period.Largestproducerofspicesglobally;produced11.80million tonnes of major spicesin FY24.1.Global leader in food production3.Favourable policiesConducive FDI policies,tax benefits,and governmentschemesaredrivingprivateinvestmentintofoodprocessing.Profit exemption:Food processing uni
4、ts get full profitexemption for the first fiveyearsPLI Scheme:US$1.3 billion(Rs.10,900 crore)outlay(2021-27)to modernize and boost sector competitiveness.100%FDI permitted under the automatic route in foodprocessing.4.Rising investmentPlannedUS$1trillioninfrastructurespend and Rs.25 lakh crore(US$30
5、0billion)for rural economy to boost foodprocessing growth.UAE to invest Rs.17,258 crore(US$2billion)by 2026 to set up food processingunits using local produce for Middle Eastand global markets.FromApril2000-June2025,foodprocessing sector attracted Rs.1,15,596crore(US$13.4 billion)FDI.1234Indiatorema
6、inamongtheyoungest populations globally till2030.Indias food processing industryisexpectedtogrowtoRs.4,584,415crore(US$535billion)by the end of FY26.Indias GDP growth projected at6.9%in FY26.2.Growth prospects4Advantage India5Advantage India India is the largest producer of milk and spices andoneoft