Agriculture

Food Processing Industry In India

By : Harish Yadav	Previous \| Next
Posted on : 23 Aug, 2006	Total Views : 838

The Ministry of Food Processing estimates the size of the Food Processing Industry at Rs3,150bn (US$70bn), including Rs990bn (US$22bn) of value added products.
The Food Processing Industry is estimated to grow at 9-12%, on the basis of an estimated GDP growth rate of 6-8%, during the tenth plan period.

Value addition of food products is expected to increase from the current 8% to 35% by the end of 2025. Fruit & vegetable processing which is currently around 2% of total production will increase to 10% by 2010 and to 25% by 2025.

The industry employs 1.6mn workers directly. The number of people employed by the industry is projected to grow to 37mn direct and indirect job workers by 2025.

The total exports of the Food Processing Industry in 2001-02 were Rs136bn and the target exports for 2002-03 was at Rs146bn. Marine products export was the single largest constituent of the total exports of processed foods contributing over 40% of total processed food exports.

Five-year tax holiday for new food processing units in fruits and vegetable processing along with other benefits in Budget 2004-05 has bolstered the Government�s resolution of encouraging growth in this sector.

India is the largest producer of milk in the world with an estimated production of 91mn tons in the year 2002-03. Milk and milk products account for a significant 17% of India�s total expenditure on food and the popular milk products are cheese, butter, ghee, dairy whiteners and ice-creams.

The Indian snack food market comprising bakery products, ready to eat mixes, curries, chips, namkeens and other processed foods is large, diverse and dominated by the unorganized sector.

The total size of the Indian snack food market is at an estimated over 400,000 tons in volume terms and Rs100bn in value terms and is growing at over 10% for the last three years (2000-2003). The three largest consumed categories of packaged foods are packed tea, biscuits and soft drinks.

The Report provides comprehensive coverage on the various segments within the industry complete with statistics, trends and the legal framework and regulations that govern it. The Report also provides an insight on Indian food habits, constraints and emerging opportunities in the industry and concludes with the profiles of major players in the Indian Food Processing Sector.

Table of Contents.

1.Synopsis of Food Processing Industry in India.

2.Food & Agriculture : Key Statistics and Trends.

3.Projects in Food Processing Sector.

4.Industry Segmentation as per MOFP.

5.Opportunities & Constraints to growth of Food Processing Industry.

6.Policy Initiatives.

Government Initiatives in the last decade.
Recent Government Initiatives-
Enactment of Processed Food Development Act.
Infrastructure Development Key announcements for the Food processing industry in Budget 2004-05.

7.Industry Segments: Facts & Figures.

A] Processed Fruits & Vegetables.

B] Grain Processing.

C] Meat & Poultry Processing.

D] Fisheries.

E] Milk & Milk Products.

F] Culinary � Cooking aids, Ready-to-Eat, Ready-to-Cook.

G] Beverages-Fruit Based, Carbonated Drinks, Malt Based.

H] Staples- Bread, Wheat Flour, Salt.

I] Snack foods- Namkeens, Biscuits.

J] Confectionery.

Written By : Harish Yadav

Visit personal website of Harish Yadav

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Previous Entry : CAREER OPPORTUNITES IN FOOD TECHNOLOGIES
Next Entry : DIRTY SECRETS OF THE FOOD PROCESSING INDUSTRY

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