In recent times, several developments around the food market have been observed. These include rising consciousness and awareness about food quality and grading, population growth, reforming regulatory obligations and compliances, and consumers' shift towards healthier food choices. As per Statista, value added in the food market is expected to be $219 billion in 2025.
Further, the food processing market is anticipated to grow to $400.43 billion by 2030, exhibiting growth at a CAGR of 11.8%, driven by growing middle classes in developing nations, rising worldwide population, and evolving market trends.
