India: Retail Foods Annual

  |   Attaché Report (GAIN)   |   IN2024-0046
India's retail food sector is experiencing significant growth, driven by increased household purchasing power, rising awareness of gourmet products, and a growing economy. Modern retail stores and the online and quick commerce segments are growing rapidly. An increasing demand for healthy, high quality, and multifunctional foods reflects a broader shift towards wellness and value conscious buying. While the United States maintained its position as the top supplier of consumer-oriented agricultural products to India in 2023, competition, India’s stringent food regulations, and high tariffs may hinder significant growth for U.S. food products.

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