The market is dominated by domestic suppliers, as imports account for 7.6% of total market size in 2023. Households drive market demand, with household spending representing 58.9% of total demand in 2023. India has the fourth largest market size for vegetable, potato and fruit products regionally, with demand reaching USD5.1 billion in 2023. Olam Agro India Ltd is the largest company in India, generating 17.9% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 52.6% of total production value in 2023. The total number of companies decreases in 2023, to 65,571 units. The costs of the industry increase by 1.8% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 2.5% of production value in 2023, the 19th highest regionally. The industry’s exports share decreases in 2023 to 22.2% of total production output. With production value of USD3.2 billion, India accounts for 2.5% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Vegetable, Potato and Fruit Products in India: ISIC 1513. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Vegetable, Potato and Fruit Products in India: ISIC 1513 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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