The Ice Cream and Frozen Dessert Manufacturing report provides an independent view and a reliable assessment of the Ice Cream and Frozen Dessert in the country.
Food price inflation is a key factor affecting the food services market in India, and is impacted by delayed monsoons, the economic slowdown, and unfavorable demand- supply conditions.
The NRAI India Food Services Report 2019 estimates market size of Indian food service industry at INR 4,23,865 crore in 2018-19 which is expected to grow at a CAGR of 9% to reach INR 5,99,782 crore by 2022-23.
With supermarkets or hypermarkets accounting for the largest sector globally, there is no doubt that the future of the industry remains bright with the industry value expected to reach roughly USD 7,500 billion by the end of 2019.
Race Together is not a solution, Schultz acknowledged, "It is an opportunity to begin to re-examine how we can create a more empathetic and inclusive society- one conversation at a time."