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Working population and expanding retail chains drive growth, says report
The ready-to-eat food market in India is projected to grow by US$751.43 million during 2022-2026, progressing at a CAGR of 18.63%, according to a ResearchAndMarkets report on 25 Feb 2022.
The market is driven by the growing preference for convenience food products in working population and expanding retail chain market in India. The study identifies new product launches as one of the prime reasons driving the ready-to-eat food market growth in India during the next few years.
The leading ready to eat food market vendors include Bikanervala Foods Pvt Ltd, Darshan Foods, Gits Food Products Pvt Ltd, Haldiram Foods International Pvt Ltd, Heritage Foods Ltd, ITC Ltd, McCain Foods Ltd, McCormick and Company Inc, MTR Foods Pvt Ltd and Tyson Foods Inc. fiinews.com
