Actualidad nacional e internacional
Nov. 8, 2022India: US$ 110 mil millones en ventas de alimentos HORECA para el año 2025
In 2021, India’s HRI sector was valued at $61.4 billion, achieving a compound annual growth rate (CAGR) of 10 percent. The sector is estimated reach $110 billion by 2025, and expected to maintain a 10.5 percent CAGR in the 2022-2027 period.
India’s expanding youth population, which comprises of 65 percent of its population, is largely responsible for driving this growth. Rising disposable incomes, aspiration for better lifestyles, increased tourism, changing consumer habits, and high interest in imported products and new cuisines are key factors driving the HRI sector. The sector includes the organized segment (standalone, quick service restaurants [QSR] and chain restaurants) with a 35 percent market share, and the unorganized segment at 65 percent. There is strong interest from
international food service companies to enter the Indian market, and these firms are creating new and innovative menus suitable for local tastes.
India’s HRI sector is valued at over $250 billion, contributes nearly 10 percent to the country’s GDP and generates 43 million jobs. Despite pandemic related challenges, FY 2021/22 saw the opening of 36 new hotels in the sector, a total of 5,539 rooms achieving a 339 percent revenue per available room growth year-onyear.
Full report here: https://chilealimentos.com/wp-content/uploads/2022/11/Food-Service-Hotel-Restaurant-Institutional_New-Delhi_India_IN2022-0093.pdf
USDA/November 07, 2022
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