Tag: Agriculture india

With a market projected to reach over $1.2 trillion by 2027, the food industry in India is experiencing a dynamic transformation. Driven by a young population, rising incomes, and changing consumer habits, India's food sector presents a compelling landscape of immense opportunity and persistent challenges.

As the world's largest producer, consumer, and exporter of spices, India’s domestic market was valued at over INR 2,00,643.7 Crores in 2024, demonstrating robust growth. This strong performance frames the current status of spices in India, which is defined by significant market growth despite facing notable challenges related to value addition and quality control.