The global spice market is on a spicy growth trajectory. From 2024 to 2032, it’s projected to expand at a CAGR of 8.11 percent, hitting a valuation of $15.74 billion by 2032.
Culinary wizards and nutrition experts alike herald the rise of anti-inflammatory diets, enticing us with a symphony of fruits, nuts, and legumes that promise not just sustenance but a support system for our bodies.
With the Indian hotel industry projected to grow at an annual rate of 9 to 11 percent through FY25, driven by robust domestic and international travel demand, F&B is poised to play a transformative role in shaping the industry's future.
The food industry is undergoing significant transformation, driven by trends like sustainability, food technology, health-conscious dining, and culinary tourism.
2025 will see more spaces focusing on cocktails, in-house distillation to add edge to the beverage program & most importantly more respect for people working behind the bar.
These brands are also seeing a move towards premium, environmentally conscious packaging solutions that reflect both quality and responsibility, making the Indian beverage sector looks exciting, driven by these innovations and growing consumer expectations.
As a nation, India has assumed a leading role in the millets revolution by initiating a cultural and agricultural revival – the country currently produces 41 per cent of the world’s millets output.