According to reports, food processing market is expected to reach USD 543 billion at the end of 2020 growing at a CAGR of 14.6 per cent. Out of 45 per cent of the country’s food market, the food processing, Ready to Eat and readily available instant food are playing major role in the growth of food industry not only in India but globally. Growing populations, increasing urbanisation, dual income of the family are some of the major drivers for increment in purchasing power. Improvement in the standard of living is also contributing to the growth of food industry. Several Malls, hyper Markets, Super Markets across country makes pleasure in shopping and in turn, increases the growth in the food industry. Online shopping is also adding to further growth of food and food-based Industries. Earlier price and branding used to be the decision making parameters before purchase of any food products whereas now we can see Safety, Health and Wellness being given priority.
Our subscribers play a decisive role in finalization of our annual list of "10 Most Promising Food Processing Companies - 2020" by recommending those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
Varun Berry
CEO, Britannia Industries
An Indian food and beverage company with a product portfolio including Biscuits, Bread, Cakes, Rusk, and Dairy products including Cheese, Beverages, Milk and Yoghurt.
Som Goenka & Surendra Gupta
Founders, Goldiee Group
One of the country’s leading food processing companies with more than five generations of experience in manufacturing healthy food at affordable prices, available throughout the nation from urban centres to the rural interiors.
Vijaykumar Gupta
Founder, Gujarat Ambuja Exports
Mainly involved in the Agro-processing business with dominance in Maize products and Edible oils.
Man Mohan Malik
CEO, Himalaya Food International
Rrozen & canned food processing company in India, growing and producing natural, vegetarian products without the use of chemicals.
Ashok Chand
CEO, KRBL
Engaged in seed development, contact farming, procurement of paddy, storage, processing, packaging, branding and marketing of basmati rice.
A P George
CEO, KSE
Has expertise and infrastructure to manufacture a range of livestock feed in high volumes, coconut oil from coconut oil cake and refined edible oil.
Ashwani Arora
CEO, LT Foods
Engaged in the manufacture and sale of rice. It also manufactures and markets parboiled rice.
Sanjay Sharma
CEO, MTR Foods
Manufactures a range of packaged foods including breakfast mixes, ready to eat meals, masalas and spices, snacks and beverages.
Schauna Chauhan
CEO, Parle Agro
One of the largest players in the Indian beverage industry that has been creating food and beverage products since 1985.
P.K.Natarajan
Founder & CEO, Shree Chakra Foods and Flavours
A part of Guha Group of Companies, offers quality Pulses, Spices and other food products to its global customers.
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