India food market reaches up to $600 billion

India's food market is estimated at $550–$600 billion and grows at a 6–7% CAGR, supported by economic growth and urbanization according to Ministry official Devesh Deval.

Deval stated at the Anuga Select India show that food processing accounts for nearly 8% of gross value added in manufacturing and drives second-highest manufacturing employment.

APEDA consultant Tarun Bajaj reported that India exported $53 billion in agricultural and processed food products in 2025–26.