In India, the food sector has emerged as a high-growth and highprofit sector due to its immense potential for value addition, particularly within the food processing industry. The Food Services sector is expected to have generated direct employment for 5.5-6 million people in the financial year 2016, which is expected to increase to 8.5-9 million by the year financial year 2021. Indirect employment has seen a growth at CAGR of four per cent from 2013-2016 and expected to grow six per cent till 2021. The fine dining segment was growing at a healthy rate of around 15 per cent and the fine dine market size was estimated to be US$ 95 million in 2013, forecasted to reach US$ 195 million by 2018.”
Looking at the changing market trends and consumers becoming more receptive towards eating out twice in a week or trying out new cuisines for a change, it’s now, high time for food chains offering Japanese cuisines to flourish in India and garner hefty returns.
Entry of Japanese Food Brands in Indian Market
Denne historien er fra July 2023-utgaven av Food & Health.
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Denne historien er fra July 2023-utgaven av Food & Health.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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INDIA'S FESTIVE GOLD BUYING SPREE CONTINUES, DEFYING RECORD PRICE
Indian buyers of gold brushed off record high prices and made purchases for the Dhanteras and Diwali festivals, hoping bullion would continue to rally and deliver promising returns amid a cooling stock market, industry officials told Reuters.
CAKE MIXING CEREMONY @ THE WESTIN CHENNAI VELACHERY
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SAMITIVEJ HOSPITALS
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SPICES DO MORE THAN JUST ADDING FLAVOUR TO OUR FOODS
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TANISHQ & DE BEERS
FORM STRATEGIC PARTNERSHIP TO PROMOTE NATURAL DIAMONDS IN INDIA
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DOES COFFEE SUPPORTS WEIGHT LOSS?
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