Food Processing Industry
The food processing industry transforms raw agricultural produce into marketable food products. This includes everything from primary processing (cleaning, sorting, grading) to secondary and tertiary processing (making ready-to-eat meals, beverages, dairy products, etc.).
It plays a pivotal role in reducing post-harvest losses, enhancing value addition, ensuring food security, and boosting farmers' income, while also being a significant contributor to employment and exports.
Recent Developments
- India's food processing sector is projected to reach $535 billion by 2025, growing at a Compound Annual Growth Rate (CAGR) of 15.2%.
- The Ministry of Food Processing Industries (MoFPI) saw its budget increase by approximately 30.19% for ....
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