RTE significance
Why focus on RTE?
Demand for quick food, instant gratification and convenience is driving high growth, especially in metros, with a focus on good taste.
17.6%
Projected CAGR 2022–2031
The India RTE and RTC food market was valued at $557.6 million in 2021 and projected to reach $2,861.3 million by 2031.
Growth attributes
Consumption patterns are changing
- Rising urbanization.
- Increasing disposable incomes.
- Changing taste and preferences.
- Higher population of working women.
- Cross regional migration.
- Emerging choice for single serve, preservative-free and conveniently storable offerings.
