Latest Packaged Food and Beverages News & Updates

India’s Packaged Food and Beverage Market to Reach $150 Billion by 2030

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New Delhi, March 19 (IANS) India’s packaged food and beverages (F&B) market is set to enter a new phase of growth, projected to expand to over $150 billion by 2030 from around $100 billion currently, driven largely by the rapid rise of quick commerce, a report said on Thursday.The report by Redseer said the quick commerce segment alone is expected to scale from $4 billion at present to over $25 billion in gross merchandise value (GMV) by 2030, led by rising demand for speed, convenience an…