India’s food service industry is experiencing a dynamic evolution, emerging as one of the fastest-growing segments of the economy. As urban lifestyles become more fast-paced and dining out turns into a cultural norm, the sector is poised for exponential growth. A young population, rising disposable incomes, and increased exposure to global cuisines are transforming how India eats—both at home and outside.
Let’s take a closer look at how India’s food service industry is gaining global relevance and what lies ahead.
India is steadily positioning itself as a key player in the global food service market. With its vast population, diverse food preferences, and deep culinary traditions, the country offers an unmatched mix of local and international flavors. Major global food brands have increasingly turned to India, recognizing its potential as a market that not only consumes but also contributes to global food trends.
This dual identity—as both a consumer base and a source of culinary innovation—has put India on the map as an emerging global food service leader.
The success of India’s food service industry is underpinned by strong production capabilities. A wide agricultural base ensures year-round access to fresh produce, grains, and dairy. Moreover, the country has seen rapid modernization in food processing and supply chain logistics.
The rise of cloud kitchens and centralized food production hubs is another game-changer. These kitchen-only setups allow food brands to scale faster, maintain quality, and expand to new geographies without investing in dine-in infrastructure.
Indian cuisine’s global popularity is nothing new, but now it’s more than just curry houses abroad. Brands like Haldiram’s, Bikanervala, and Wow! Momo are expanding internationally, carrying India’s flavors and business models to global audiences.
Restaurants serving Indian street food, fusion cuisine, and regional delicacies are gaining traction in the UK, UAE, the US, and Australia. This expansion is not only enhancing India’s soft power but also contributing to the export of both packaged foods and culinary culture.
According to the National Restaurant Association of India (NRAI), the Indian food service market was valued at ₹5.69 lakh crore in FY24. This figure is expected to grow to ₹7.76 lakh crore by FY28, clocking a compound annual growth rate (CAGR) of 8.1% (NRAI Report 2024).
This rapid growth is driven by several factors:
Indian food service industry is a mix of homegrown innovation and international presence. Some of the key players leading the charge include:
These brands reflect the industry’s hybrid nature—drawing from global best practices while rooted in local taste.
While the outlook is promising, there are several hurdles the sector must overcome:
At the same time, several opportunities await:
Indian food service industry stands at a critical point in its journey. Backed by strong domestic demand, global interest, and continuous innovation, it’s well on its way to becoming a major player in the world of food.
With the right investments in infrastructure, digital tools, and sustainable practices, India could not only meet its domestic hunger for quality dining—but also satisfy palates across the globe.
Read More:
© Trade Promotion Council of India. All Rights Reserved.
