Indian food is popular all over the world. It’s diverse tastes and combinations of spices have earned it a special place in many cuisines worldwide. By 2050, it is expected to reach 6.5 billion people, accounting for 67% of the world’s population.
As per IBEF, “India’s food processing sector is one of the largest in the world and its output is expected to reach US$ 535 billion by 2025-26. This sector is expected to generate 9 million jobs by 2024. The Indian food industry is expanding at a CAGR of 11% and the food processing sector accounts for 32% of the total food industry.”
The Indian food industry is rapidly expanding to meet rising demand from both domestic and foreign markets. Food processing companies are expanding fast to meet increased demand for Indian foods abroad.
Many companies are also creating specialized manufacturing units for Indian food products. This trend is expected to continue over the next few years as India seeks to increase exports of its culinary wonders. Increased competition in international markets will also lead to greater export earnings for the food industry in India.
With migration and exposure, has led to the creation of new dishes with flavours borrowed from other countries or regions of India. Examples of such hybrid dishes include vindaloo from southern India, balti from northern India, and tandoori from western India.
In addition to shifting demographics, the nature of food consumption is changing. Consumers want healthier options, and they are willing to pay higher prices for them. Consumers are demanding more convenience (such as ready-to-eat meals) and less preservatives (like artificial colors and flavors).
As the world becomes more aware of Indian foods, its unique tastes are increasingly incorporated into international cultures. Foodies seek out authentic regional meals wherever they may be from-Indian or imported. Consequently, the diversity of Indian foods is increasing due to both innovation and global travel. The world now knows that Indian cuisine is something unique that can be enjoyed anywhere!