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Food services market in India to reach Rs 10 lakh crore by 2030: Report

By Economic Times - 3 months ago
The food services market in India is set to reach Rs 10 lakh crore by 2030, with an estimated customer base of up to 45 crore, driven by an 18 per cent CAGR in online food delivery. Currently valued at Rs 5.5 lakh crore, the market is expected to grow at 10-12 per cent annually, with online delivery contributing 20 per cent by 2030, fueled by expanding customer base, digitisation, and regional diversity.

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