Friday, 15 January, 2021, 12 : 00 PM [IST]
Dr Prakash Kondekar
Indiaâs Food Processing Industry contributes 13 to 14 per cent of Total GDP. To maintain a balance between the demands to cost, to produce high-quality food that is safe and nutritious can be a challenge. The market size of the food and beverages industry across the nation was estimated to be around US$46 billion in 2020.
Agro food processing remains an investment opportunity in Europe.These continued investment in areas like, biotechnological-agriculture, agricultural-robotics, organic foods etc. Farming market is expected to reach $7.8 billion by 2022, registering a CAGR of 14.9 per cent during the forecast period 2016 â 2022.
The sudden and significant spread of Coronavirus has thrown food industry into a state of flux, due to fluctuating demand for food supplies.The challenges are numerous. Current situation needs global food system, to change. Before Covid-19 struck, that 50