European Markets Embrace Indian Culinary Delights Amidst Growing Demand

Published: 2025-03-26
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Author: falguni mmr
Published in: Business

European Markets Embrace Indian Culinary Delights Amidst Growing Demand

Indian Food and Beverages Market Poised for Robust Growth, Projected to Reach USD 691.47 Billion by 2030

The Indian food and beverages market is experiencing significant expansion, with its size valued at USD 332 billion in 2023. Projections indicate that the industry's revenue will grow at a compound annual growth rate (CAGR) of 11.05% from 2024 to 2030, reaching nearly USD 691.47 billion by 2030.

Competitive Landscape and Regional Demand

India's food and beverage sector is among the fastest-growing industries, supported by a vast raw material base. The country leads globally in the production of milk, bananas, and mangoes, and ranks second in wheat and rice production. This strong agricultural foundation underpins the industry's growth.

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United States: Opportunities in Indian Food and Beverage Imports

The United States has witnessed a growing interest in Indian cuisine and beverages, driven by an increasingly diverse population and a penchant for global flavors. This trend presents opportunities for Indian food and beverage exporters to expand their footprint in the U.S. market. While specific recent mergers and acquisitions in this segment are limited, the overall demand for authentic Indian products continues to rise, encouraging collaborations between U.S. retailers and Indian manufacturers.

Asia Pacific: Growth and Consolidation in the Indian Market

Within the Asia Pacific region, India's food and beverage industry stands out due to its rapid growth and consolidation activities. Notably, Temasek, Singapore's state investment company, acquired a near 10% stake in Haldiram's, an Indian snacks giant, for approximately USD 1 billion in March 2025. This transaction values Haldiram's at around USD 10 billion and aligns with Temasek's strategy to expand in India's consumer sector.

Europe: Trends in Indian Food Product Imports

European countries have shown a growing appetite for Indian food products, driven by an increasing multicultural population and interest in diverse cuisines. This trend has led to higher imports of Indian spices, ready-to-eat meals, and beverages. While specific mergers and acquisitions are not prominent, the consistent demand has encouraged Indian companies to establish distribution partnerships and outlets across Europe.

Middle East and Africa: Expansion and Updation in the Indian F&B Sector

The Middle East and Africa region have become significant markets for Indian food and beverage products, owing to cultural ties and a large expatriate Indian population. Indian brands have been expanding their presence through franchising and partnerships. Additionally, the lifting of India's rice export restrictions aims to double agricultural shipments by 2030, potentially benefiting markets in Africa and East Asia with lower-priced rice.

Indian Food and Beverages Market segmentation :

by Product

Dairy Products
Fruits and Vegetables
Meat and Poultry
Bakery and Confectionery
Beverages (Alcoholic and Non-Alcoholic)
Others

With over 25% of the market share, dairy products are a significant product type in the Indian food and beverage industry. India has a thriving dairy business that meets a variety of consumer needs, from basic nourishment to value-added goods, and is the world's largest producer of milk. Dairy products that are essential to the Indian diet include milk, butter, cheese, yogurt, and other dairy products. Rising affluence, urbanization, and growing consumer health consciousness are the main drivers of this sector's growth. Widespread availability in both urban and rural areas is guaranteed by the vast distribution network, which is bolstered by both conventional and contemporary retail channels. Furthermore, the infrastructure of the dairy industry is further strengthened by government assistance through regulations and subsidies, which greatly enhances the overall

by Distribution Channel

Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Retail
Departmental Stores

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Learn about the top players driving innovation in the Indian Food and Beverages Market :

1. Nestlé India
2. PepsiCo India
3. GlaxoSmithKline
4. Haldiram Foods
5. Balaji Wafers
6. Britannia Industries
7. Patanjali
8. Dabur
9. Hindustan Unilever
10. Al Kabeer Exports
11. Bambino Agro Industries
12. Gits Food Products
13. Innovative Foods
14. ITC Foods
15. Ferrero India Pvt Ltd
16. Kwality
17. Parle Agro Pvt Ltd
18. Kohinoor Foods
19. McCain Foods
20. Merino
21. MTR Foods
22. Venky's

Get answers to critical questions shaping the Indian Food and Beverages Market

What is Indian Food and Beverages ?
What is the growth rate of the Indian Food and Beverages Market?
Which are the factors expected to drive the Indian Food and Beverages market growth?
What is the CAGR at which the Indian Food and Beverages market will grow during the forecast period?
What are the different segments of the Indian Food and Beverages Market?
Which is the fastest growing region in the Indian Food and Beverages market?
What growth strategies are the players considering to increase their presence in Indian Food and Beverages ?
What are the upcoming opportunities and trends for the Indian Food and Beverages Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Indian Food and Beverages Market?
Who are the leading companies and what are their portfolios in Indian Food and Beverages Market?
What segments are covered in the Indian Food and Beverages Market?
Who are the key players in the Indian Food and Beverages market?

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Get a closer look at the game-changing products driving success :

Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective

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