India Food and Beverages H2 FY2024 Half-Annual Update

In 2023, India faced a significant surge in food inflation, with notable spikes in essential items like tomatoes and onions, pushing the y/y food inflation rate to a three-year high of 11.5% in July. Meanwhile, the Indian spirits industry exhibited a clear trend towards premiumisation, driven by a growing consumer preference for high-quality products, particularly among the youth. This trend is supported by the introduction of high-end spirits and the global recognition of Indian whisky brands. Also, in 2023, India's food and beverages regulator, the Food Safety and Standards Authority of India, issued several regulatory updates to enhance consumer safety and increase the ease of doing business in the food and beverages sector.

This report provides a complete and detailed analysis of the "Food and beverage production" sector for India. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Food and beverage production" sector in India
• Crystallise the forces both driving and restraining this sector in India
• Ascertain India’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in India.
• Build a clear picture of trends, output and consumption for specific sub-sectors