India’s food services industry expected to surpass $150B by 2030: Redseer

Quick Summary:

The Redseer report highlighted the rapid rise of organised food services, which now make up about half of the market and are expanding faster than unorganised segments.

Redseer’s analysis indicates that only 1-2% of companies in India have surpassed Rs 500 crore in revenue, with multi-brand operators leading the way.

This strategy has enabled companies to optimise meal slots and leverage acquisitions for broader market reach.

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Article Details

Author / Journalist: Anuj Suvarna

Category: StartupsEconomyBusiness

Markets: India

Topics: Strategy Privacy Industry Policy Food Brands Services Growth India’s Report Market

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-29 @ 12:46:03 (1 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 385 words

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Sentences: 22 lines

Sentence Length: 18 words per sentence (average)

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