The market is dominated by domestic suppliers, as imports account for 19.0% of total market size in 2023. B2B drives market demand, with B2B spending representing 84.3% of total demand in 2023. India has the third largest market size for machinery for food, beverage and tobacco processing regionally, with demand reaching USD4.3 billion in 2023. Buhler (India) Pvt Ltd is the largest company in India, generating 1.6% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 4.6% of total production value in 2023. The total number of companies decreases in 2023, to 101,283 units. The costs of the industry decrease by 2.9% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 4.6% of production value in 2023, the 13th highest regionally. The industry’s exports share increases in 2023 to 12.1% of total production output. With production value of USD3.6 billion, India accounts for 11.4% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Machinery for Food, Beverage and Tobacco Processing in India: ISIC 2925. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Food, Beverage and Tobacco Processing in India: ISIC 2925 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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