India’s food and grocery retail sector was valued at $719 billion in 2023, out of which 93 percent is largely unorganized traditional formats, including small, family-owned convenience stores and mobile pushcarts. However, modern physical stores and online retailers are gradually increasing market share to reflect evolving consumer preferences and demand.

Link: http://chilealimentos.com/wp-content/uploads/2024/10/Retail-Foods-Annual_New-Delhi_India_IN2024-0046.pdf

Source: USDA