India’s Food Processing Industry Reaches USD 389 Billion in 2025, Projected to Hit USD 700 Billion by 2030: Rubix Data Sciences
Mumbai, June 25, 2025: Rubix Data Sciences, a leading provider of risk management and analytics solutions, has released its latest industry report on India’s food processing sector. Contributing 8.9% to agriculture GVA and ranking among the top producers of milk, pulses, and fruits, the food processing industry is well-positioned to scale domestically and globally. The report provides in-depth insights into trade dynamics, product segments, policy impact, and innovation strategies that are driving this growth.
According to the report, India’s food processing industry is valued at USD 389 billion in 2025 and is projected to grow to USD 700 billion by 2030, clocking a robust CAGR of 12.5%. Exports of processed food are estimated at USD 12.5 billion in FY2025, up from USD 6.3 billion in FY2020, marking a strong 15% CAGR. Imports, meanwhile, are expected to reach USD 6.4 billion, primarily due to demand for premium global products such as specialty cheeses, sauces, and cocoa-based foods. Heritage categories like buffalo meat and marine products continue to dominate, with buffalo meat accounting for 82% of animal product exports and shrimp contributing 66% of marine export value.
The report further highlights that cumulative FDI in food processing reached USD 13.1 billion between 2000 and 2025, although inflows dipped in FY2024 and FY2025 due to global uncertainty and increased competition from low-cost regions. At the same time, government initiatives such as PMKSY, PMFME, and the PLI scheme have helped strengthen infrastructure by building mega food parks, expanding cold chains, and enhancing food safety capacity. Startups and legacy brands are actively investing in plant-based, functional, and clean-label innovations to meet evolving demand, supported by growing distribution platforms like BigBasket, Zepto, and Blinkit. Technologies such as AI-based grading, blockchain traceability, high-pressure processing, and cryogenic freezing are also gaining ground, helping improve quality, efficiency, and global competitiveness.
“India is one of the world’s largest producers of milk, pulses, and fruits, and that gives us a solid foundation to scale,” said Mohan Ramaswamy, Co-founder and CEO, Rubix Data Sciences.“With the food processing industry already valued at USD 389 billion and growing steadily, we are entering a phase where innovation, convenience, and quality will define our next big leap. At Rubix, our goal is to offer businesses the insights they need to ride this momentum, tap into global demand, and build long-term strength.” he added.
With increased policy support, technology adoption, and product innovation, India has the potential to become a major global player in food processing. Rubix Data Sciences will continue to support this transformation by equipping stakeholders with reliable intelligence to drive sustainable growth, resilience, and global competitiveness.
Rubix Data Sciences Pvt. Ltd. helps you to take prudent credit risks, build a robust supply chain and monitor compliance for your business partners in India and around the world. Rubix helps you collect payments in time from your debtors, helping generate predictable cash flows. Through its solutions, Rubix provides deep insights to credit, risk, supply chain, and compliance professionals in 1,300+ corporates, banks, NBFCs, credit insurance companies, and fintechs, facilitating quicker and more effective decision-making.
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