Detail Study of
Indian Food Processing Industry
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Submitted By:
Avaneet Dwivedi (Roll No. 09)
Preface
India is the world 's 2nd largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. With India 's food production likely to double in the next decade, there is an opportunity for large investments in food and food processing technologies, skills and equipment, especially in areas of Canning, Dairy and Food Processing, Specialty Processing, Packaging, Frozen Food/Refrigeration and Thermo Processing. Fruits & Vegetables, Fisheries, Milk & Milk Products, Meat & Poultry, Packaged/Convenience Foods, Alcoholic Beverages & Soft Drinks and Grains are important sub-sectors of the food processing industry. Health food and health food supplements are other rapidly rising segments of this industry.
India is the 2nd largest vegetable and 3rd largest fruit producer in the world
India will register the highest increase in rice production in the world over the next 10 years, as per the US Department of Agriculture. India 's annual rice production would increase by 16.3 million tonnes (mt) by 2016, from 91 mt now.
India ranks second only to Japan in inland sector fish production. India produces about 6.57 million metric tonne fish every year.
Spices exports will cross US$ 1 billion in the current financial year and touch US$ 10 billion by 2017, according to V J Kurien, chairman, Spices Board. Of the world 's total annual spice trade of 850,000 tonnes, India accounts for 44 per cent in quantity and 36 per cent in value
India aims at doubling marine exports including that of tuna fish to US$ 4 billion by 2012; 53 per cent of the marine exports comprise of shrimps.
Food Processing
The growth of food processing sector has nearly doubled to 13.7 per cent during the last four years, according to the Minister of State for Food Processing Industries Subodh Kant Sahai, who added that India
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