Jul 10, 2014 UncategorizedComments Off on India’s Food Industry Continues to Boom
MUMBAI, India, July 10, 2014 /PRNewswire/ — As consumer demand in India changes direction, the food industry continues to grow, in one of the world’s most successful economies.
India has the second largest population in the world and the tenth largest economy. It also has the eleventh largest consumer market in the world. It is no wonder that India has become an essential player in the global food ingredients market. AC Nielsen previously named India as a hotspot for food manufacturers, food producers and food ingredient professionals and the country has become an integral part of the global food ingredient network. India has also become one of the most important destinations for food investment, with its food industry growing at an annual rate of 17%. The bridge linking India to the rest of the world is becoming stronger and Food ingredients (Fi) India is at the forefront of the action. It provides a global portfolio extending from the iconic tradeshow, to online platforms with the world’s leading suppliers and buyers, to the high-level industry specific conferences.