.Rep ImageThe domestic food market is anticipated to increase by over 47 per cent to reach USD 1,274 billion through 2027, a record discharged due to the Sisterhood of Indian Market and sustained through Danfoss India stated. India's food items processing market views ingenious startups emerging along with innovative modern technology, the document entitled 'Food Processing Market in India - Possible for Southern States. and also released through CII, CII FACE (Order of Indian Field-- Food Items as well as Horticulture Facility of Superiority) as well as Danfoss India, pointed out. Danfoss India is actually a leader in heating, air flow and also air-conditioning and is the subsidiary of Denmark-headquartered engineering primary Danfoss. Several of the crucial highlights of the report, which was discharged at the CII-FoodPro 2024 include the ability that southerly conditions carry for food processing industry. "Tamil Nadu leads India's export of handling fruits, juices as well as almonds, with a thirty three per cent allotment by quantity and also 27 percent by worth, transporting 2,08,370 measurement tonnes worth USD 220.81 thousand in 2023-24," the report stated. The food processing field in India finds impressive start-ups arising with sophisticated innovation, the document said. The research study brings knowledge on surfacing patterns, technologies and export options making it possible for businesses to make informed choices and tap into the industry's potential South India's food handling market performs the cusp of a reformation, with innovative segments like millets, ready-to-eat and plant-based dairy products choices uncovering a treasure trove of financial chances for planters. The freshly released report exposes, technology stores the essential to supercharging this development, making sure the highest possible specifications of safety and security and also high quality as well as driving India's exports onto the international stage," CII National Authorities for Cold Weather Chain and also Agri Logistics Chairman Ravichandran Purushothaman stated. "At Danfoss India, our company are excited to become a component of this transformative adventure, driving lasting meals processing answers that will form the future of Indian farming and also food industry," he mentioned in a statement on Saturday. During the celebration, Danfoss Optyma Load Reducing Device, a trustworthy as well as energy-efficient option for Bulk Milk Air Conditioning as well as Cold weather Area programs was actually released. "The Optyma Stuff Reducing System is a game changer for India's dairy industry as well as cold room apps. Its own special style and also trustworthy functionality are going to dramatically assist in meeting our consumer's expense and also sustainability targets," Danfoss India Area Scalp of Weather Solutions - Sales, Madhur Sehgal claimed. The cutting-edge innovation ensures ideal dairy temperatures along with decreased power consumption, which pulls down the carbon footprint, taking care of vital dairy handling obstacles as well as assisting India's maintainable food items production goals, the claim incorporated.
Released On Aug 11, 2024 at 12:27 PM IST.
Sign up with the area of 2M+ market specialists.Subscribe to our bulletin to obtain most current knowledge & evaluation.
Install ETRetail Application.Get Realtime updates.Spare your much-loved articles.
Browse to download App.