From The Tribune
Center Owned by The Tribune TrustIndia’s packaged food, beverage market to grow by USD 47 billion by 2030: Report
What's behind this
Indian liquor makers are anticipating a busy season as festive celebrations and wedding toasts drive demand. Prowess Advisors reports that the country’s drinks market is expanding by 3–5% in volume and 8–10% in revenue, indicating a shift toward premium products. At the same time, the broader packaged food and beverage sector is projected to add nearly USD 47 billion over the next five years, reaching about USD 150 billion by 2030, fueled by a growing consumer base. Related market activity includes a decline in gold prices as the wedding season begins.
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RSS excerpt
India’s packaged food and beverage sector is expected to grow by nearly USD 47 billion over the next five years, reaching USD 150 billion by 2030, up from USD 103 billion in 2025, according to a report by Redseer Strategy Consultants. The growth is expected to be driven by an expanding consumer…
