Research On Global Markets
Syndicated Market Research Report
India is one of the largest producers of fruits and vegetables and this promotes the food processing industry. They use various methods of preservation that comply with food preservation policies, and the most popular methods are canning, bottling, dehydration, and pickling. With improved food preservation techniques and an advantageous geographical location, India is a major exporter of fruits and vegetables. It has been recorded that in 2018, India exported 391,283.8 metric tonnes (MT) of processed fruits and vegetables, which generated revenue worth INR 34.04 Bn, across the world.
Influences of the western culture in India can be noted in the changing food and culinary preferences of the people and this has, to some extent, led to the growth of the fruit and vegetable processing market in India. Restaurants and eateries are flourishing as a lifestyle component where the requirement for exotic fruits and vegetables or canned food becomes imperative. According to recent market surveys, the demand for processed fruits and vegetables is expected to gain momentum due to the growth in the hospitality and hotel industry. In addition, the growth of organized food retail chains across the country has contributed significantly toward the fruit and vegetable processing market in India. Even in regular households, nuclear families with working parents have imbibed a culture of storing food for future consumption. Busy professionals are almost completely dependent on processed food as it serves to be the easiest option during meal preparation. Social factors like these have created and added to the growth of the food processing industry in India. However, the fruit and vegetable processing market in India is still in the developmental stage with plenty of room for improvements. Issues like insufficient storage facilities and inadequate transportation services are unfavourable for the growth of this industry. To conclude, the risks and challenges of the market are few and with proper management, it can see phenomenal growth in the coming years.
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