In India, this sector has, however, been one of the fastest-growing segments in manufacturing in the current year contributing 27 per cent to average industrial growth, more than three times its weight in the IIP.
The Indian Food Processing Industry has mainly eight distinct segments namely, Packaged Foods, Dairy, Meat and Poultry, Sea Food/Marine Food Products, Fruits and Vegetables, Alcoholic Beverages, Grain Processing and Non-alcoholic Beverages.
Out of these Dairy products have the greatest market penetration of about 37% whereas the Packaged Food has penetration of only 3%.
The Indian Food Processing Industry has mainly eight distinct segments namely, Packaged Foods, Dairy, Meat and Poultry, Sea Food/Marine Food Products, Fruits and Vegetables, Alcoholic Beverages, Grain Processing and Non-alcoholic Beverages.
Out of these Dairy products have the greatest market penetration of about 37% whereas the Packaged Food has penetration of only 3%.