India food processing sector $600B by 2030
Analysis based on 6 articles · First reported Jul 16, 2026 · Last updated Jul 16, 2026
The report signals strong growth potential for India's food processing industry, attracting investment and boosting related sectors. Companies in processed foods, logistics, and agri-tech may benefit from increased demand and government support.
A Federation of Indian Chambers of Commerce & Industry-Deloitte report projects India's food processing sector will become a $600 billion industry by 2030, driven by value addition, innovation, technology adoption, and exports. The sector is shifting from a volume-driven to a consumer-centric model. Currently, only 12-13% of food output is processed, leaving significant room for growth. Health and functional food categories are growing at 15-20% annually. India — Andhra Pradesh Minister T.G. Bharath announced targets of Rs 30,000 crore investment and 300,000 jobs by 2029. Food Processing Industries Secretary Avinash Joshi said the government is creating a 'Bharat' brand to promote Indian processed foods globally.
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