Indian food scenario is bound to grow and imports will continue to play a major role subject to the support or fair acceptance they get from several government authorities. One can clearly foresee a growth in areas that aid health and nutrition, for example, fresh fruits, dry fruits, specialty food products, dairy, and cheese. Demand trends clearly indicate that Indian consumers are looking for more healthy products. The farmers also benefit in this process. One example is the success story of apple growers of Himanchal Pradesh whose produce now fetch a much higher price than in the past. It is also necessary to ensure that the consumer gets quality products.
Potential Investment Sectors:
Prominent among the areas waiting to be tapped are canning, packaging, refrigeration for dairy, poultry, fisheries, meat, ready to eat products, cereals and grains, soft drinks consumer product groups like confectionery, chocolates, coco products, soya-based products, mineral water, high protein foods and nutraceuticals, apart from health food and health food supplements, a rapidly rising segment of the food processing industry.
Why be in India?
- India is SECOND largest producer of Fruits, Vegetables, Food Grains
- India is the LARGEST producer of Milk
- India is the LARGEST producer of Spices
- Indian food and grocery market is world's SIXTH largest
- Food is one of the LARGEST segments in Indian retail sector
- Indian FOOD RETAIL MARKET expected to reach USD 894.98 billion by 2020
- Indian SNACKS MARKET world's fastest growing market at a rate of 16.6%
Indian Food Processing sector:
- Received USD 6.70 billion worth FDI from 2000-2015
- Has potential to attract USD 33 billion FDI over next 10 years
- 100% FDI permitted in multi-brand retailing of food products
- Setting up of 42 mega food parks is underway
Indian Food Industry:
- Presently valued at USD 39.71 billion
- Expected to grow at a CAGR of 11%
- Projected to be USD 65.4 billion by 2018
Indian Food Imports:
- SECOND largest importer of cooking oils
- FASTEST emerging food import market
About the Show:
The 10th Edition of 'India Foodex 2018' will be held from 31st August - 2nd September 2018 at BIEC, Bangalore, India. In order to enhance its value further, there will be concurrent shows addressing the needs of the different related sectors, 9th 'GrainTech India 2018', 8th 'DairyTech India 2018', 5th 'MeatTech Asia 2018', 3rd SnackBev India 2018 & Hotel Restaurant & Catering Expo 2018 (HRC Expo) . The Ninth edition of India’s largest food and agribusiness exposition series, India Foodex, offered an impressive show of food processing, packaging, storage and warehousing technologies to the visitors and delighted the exhibitors with overwhelming response. Over the years, the series have gained immense popularity among the leading international players of the sector and provide the opportunity to emerging players to make their mark in the industry. "India Foodex 2017" which, besides India, attracted participation from over 30 countries had more than 450 exhibitors, who displayed their products at the show receiving a footfall of 35000+ trade visitors. AgriBusiness Excellence Awards held on August 28 was a token gesture of appreciation to those who understood the soul of Indian food industry and transformed it to make a mark in the Global market. Though a new addition to the series, it garnered immense response from the industry. The prominent ones were awarded as a token of appreciation. Another segment parallel to the ongoing Culinary Championship & Inter Hotel Competition was organized in association with SICA. A conference on "Food Processing" by All India Food Processing Association (AIFPA) attracted food exporters from far off locations. It was a challenging effort to cover all aspects of food production and sale. The aim through the show series is to minimise the wastage of food in India through promoting efficient food processing and storage technologies and systems.