Domestic food & beverage packaging industry seen growing to $86 billion by 2029
The organised packaged ingredients market is valued at about Rs 20,000 crore annually, indicating a shift from loose to packaged products, he stated at the 17th edition of Food Ingredients (Fi India) and the 5th edition of ProPak India, organised by Informa Markets in India from August 17-19.
This industry is expected to add 9 million jobs by 2024, and by 2030, India's annual household consumption is believed to quadruple, making it the fifth-largest consumer in the world,.(Image credit: )