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The India Foodservice Market is segmented by Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), by Outlet (Chained Outlets, Independent Outlets) and by Location (Leisure, Lodging, Retail, Standalone, Travel). Market Value in USD is presented. Key data points observed include the number of outlets for each foodservice channel; and, average order value in USD by foodservice channel.
The food service market in India was estimated to be about ** billion U.S. dollars in 2025. It was estimated to increase to, around*** billion U.S. dollars in 2030. This estimates accounts for full service restaurants, quick service restaurants, cafés and bars and cloud kitchen segment.
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The India Food Services Market was valued at USD 48.90 Billion in 2024 and is expected to reach USD 93.26 Billion by 2030 with a CAGR of 11.42% during the forecast period.
Pages | 85 |
Market Size | 2024: USD 48.90 Billion |
Forecast Market Size | 2030: USD 93.26 Billion |
CAGR | 2025-2030: 11.42% |
Fastest Growing Segment | QSR (Quick Service Restaurants) |
Largest Market | North |
Key Players | 1. Jubilant Foodworks Ltd 2. McDonald's India Private Limited 3. Haldiram Snacks Private Limited 4. Devyani International Limited 5. Burger King India Limited 6. Barbeque-Nation Hospitality Limited 7. Coffee Day Enterprises Limited 8. Tata Starbucks Private Limited 9. Bikanervala Foods Private Limited (BFPL) 10. Subway Systems India Private Limited |
The market value of the Indian restaurants and food service industry was about four trillion Indian rupees as of fiscal year 2020. While the restaurants and food service market in the country is divided into two segments, the unorganized segment accounts for the major share of the market size. Nevertheless, the organized sectors, grew at a strong rate between 2014 and 2020. The value of the chain segment, including quick service restaurants (QSR), more than doubled.
The unorganized segment comprises of individuals or families selling ready to eat food through vendors, dhabas, food carts, street stalls and more.
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Indian foodservice market size was USD 71.23 billion in 2023 and is expected to grow to USD 165.24 billion by 2032 at a CAGR of 9.8%.
In 2014, restaurants in the food service industry in India had a market value of about 152 billion U.S. dollars. The market value was estimated to consistently increase throughout the years.
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The India food service market size was valued at USD 50.99 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 123.5 Billion by 2033, exhibiting a CAGR of 10.33% from 2025-2033. The India food service market share is fueled by urbanization, higher disposable incomes, a rising inclination for eating out, the growth of quick-service restaurants (QSRs), and the impact of global food trends.
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Explore India’s food service market trends, revenue, outlook, and top players with insights into market growth and future projections up to 2028.
Employment figures in the food services industry in India amounted to over seven million in 2021. Despite over two million jobs lost during the peak of the COVID-19 pandemic, the industry is expected to make a full recovery, back to its growth trajectory in the coming years, an estimated ten million by 2025.
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The India Quick Service Restaurant Market is segmented by Cuisine (Bakeries, Burger, Ice Cream, Meat-based Cuisines, Pizza), by Outlet (Chained Outlets, Independent Outlets) and by Location (Leisure, Lodging, Retail, Standalone, Travel). Market Value in USD is presented. Key data points observed include the number of outlets for each foodservice channel; and, average order value in USD by foodservice channel.
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India Restaurant and Food Service Industry Concentration & CharacteristicsThe size of the India Restaurant and Food Service Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.10% during the forecast period. The Indian Restaurant and Food Service Sector includes a variety of dining options, such as street vendors and high-end fine dining restaurants, catering to the diverse preferences of the country's large population. The increase is fueled by a growing preference among consumers for eating out, the emergence of creative restaurant ideas, and the appeal of different global foods. Jubilant FoodWorks Limited, along with other key players, dominate the market due to their wide range of brands and top-notch service. The industry is divided based on the type of foodservice (cafes & bars, cloud kitchens, full-service restaurants, quick-service restaurants), outlet (chained and independent), and location (leisure, lodging, retail, standalone, travel). In spite of obstacles like expensive operations and rivalries with fast food chains, the market remains optimistic due to the increasing demand for distinctive dining experiences and the utilization of digital tools to improve customer interaction. This path underscores the important position of the restaurant and food service sector in India's food scene and its possibility for further expansion. Recent developments include: April 2023: Barista Coffee opened its 350th store in Udaipur and is planning to reach the count of 500 in two years.March 2023: MMG Group, which owns and operates McDonald's restaurants in northern and eastern India, announced to invest USD 47.8 to USD 73.1 million over the next three years on reimaging of outlets and opening new ones.February 2023: Rebel Foods acquired the Franchise deal for Wendy's from Sierra Nevada to operate its stores across India. Rebel Foods is aiming to open 150 new offline Wendy's restaurants over the next decade.. Key drivers for this market are: Increasing Demand for Functional and Fortified Food, Multi-functionality and Wide Application of Riboflavin. Potential restraints include: Low Stability of Riboflavin on Exposure to Light and Heat. Notable trends are: Increased willingness of people to experiment with new cuisines and dining experiences propelling the market sales.
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The India Food and Beverage Industry size is valued at USD 334 Bn, driven by market share analysis, growth opportunities, and industry trends. Explore insights on segmentation, challenges, and future outlook.
Food Service Market Size 2025-2029
The food service market size is forecast to increase by USD 53709.5 billion, at a CAGR of 47.5% between 2024 and 2029.
The market is experiencing significant growth, driven primarily by the increasing demand for food prepared and served away from home. Consumers' busy lifestyles and preference for convenience have led to a surge in demand for quick-service and fast-casual dining options. Additionally, the trend towards increased snacking and indulgence consumption continues to fuel market expansion. However, the Food Service sector faces notable challenges. Labor shortages pose a significant obstacle, as the industry grapples with high turnover rates and difficulty in attracting and retaining skilled workers. These labor issues can lead to operational inefficiencies and increased costs, putting pressure on businesses to find innovative solutions.
To capitalize on market opportunities and navigate challenges effectively, companies must focus on improving operational efficiency, investing in digital food technology to streamline processes, and offering competitive wages and benefits to attract and retain talent. By addressing these key drivers and challenges, players in the market can position themselves for long-term success.
What will be the Size of the Food Service Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic and ever-evolving the market, various sectors continually adapt to meet the changing needs of consumers and businesses. Integral components of this industry's growth include recipe management software, refrigeration systems, event planning software, and water conservation, among others. These solutions streamline operations, enhance customer experience, and promote sustainability. Moreover, supply chain optimization, social media marketing, waitlist management, and restaurant insurance are essential elements that contribute to a restaurant's success. Demographic analysis, employee scheduling software, and sales reporting & analytics enable businesses to understand their customer base and optimize revenue growth. Additionally, restaurant location analytics, interior design, menu engineering, and reservation systems cater to the unique requirements of each establishment.
Catering management software, energy efficiency, and food safety regulations ensure operational efficiency and adherence to industry standards. Furthermore, sustainability initiatives, licensing and permits, payment processing gateways, and table management software are vital aspects of modern food service operations. Staff retention, portion control, procurement management, and allergen management contribute to operational efficiency and cost control. In the realm of customer experience, loyalty programs, customer feedback systems, and atmospheric design play a significant role. Commercial ovens, value proposition, waste audit, customer service training, franchise opportunities, labor cost management, and competitive analysis (local) are essential elements that enable food service businesses to thrive in a competitive market.
The food service industry's continuous dynamism is reflected in the ongoing adoption of advanced technologies and innovative solutions. From menu design and pricing strategies to ambient lighting and food storage solutions, these elements are seamlessly integrated to enhance the overall customer experience and drive business success.
How is this Food Service Industry segmented?
The food service industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Service
Conventional
Centralized
Ready-prepared
Assembly-serve
Sector
Commercial
Non-commercial
Cuisine Type
American
Italian
Asian
Price Range
Budget
Mid-range
Premium
Target Audience
Families
Professionals
Students
Geography
North America
US
Canada
Europe
France
Germany
Italy
UK
Middle East and Africa
UAE
APAC
China
India
Japan
South Korea
South America
Brazil
Rest of World (ROW)
By Service Insights
The conventional segment is estimated to witness significant growth during the forecast period.
In the dynamic the market, various entities play integral roles in enhancing operational efficiency and customer experience. Recipe management software streamlines the preparation process, ensuring consistency and accuracy. Refrigeration systems maintain food's freshness, while energy-efficient models promote sustainability. Event planning software facilitates seamless coordi
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India Food Service Market size was valued to be USD 80 Billion in the year 2024 and it is expected to reach USD 198.08 Billion in 2032, at a CAGR of 12% over the forecast period of 2026 to 2032.
Key Market Drivers
Health and Wellness Awareness: The Indian foodservice market is experiencing a significant shift toward healthier options, as evidenced by the Indian Council of Medical Research report showing 72% of urban Indians actively seeking healthier breakfast alternatives.
Digital Transformation: The sector's digital evolution is marked by the National Restaurant Association of India's finding that 85% of organized restaurants have integrated with food delivery platforms.
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The India Full Service Restaurant (FSR) market is experiencing robust growth, driven by rising disposable incomes, changing lifestyles, and a burgeoning young population with a preference for dining out. The market's segmentation reveals a diverse landscape, with Asian, European, and North American cuisines holding significant shares. Chained outlets are increasingly dominating the market, leveraging brand recognition and economies of scale to expand their presence across various locations like leisure centers, hotels, and standalone establishments. The growth is further fueled by increasing tourism and a preference for convenient, high-quality dining experiences. While challenges exist, including rising input costs and competition from quick-service restaurants (QSRs), the overall market outlook remains positive. Strategic partnerships, menu innovation, and focus on customer experience are key strategies adopted by leading players like Barbeque Nation Hospitality Ltd., Haldiram Foods International Pvt Ltd., and ITC Limited to maintain a competitive edge. The expansion of the middle class and the increasing adoption of online food ordering and delivery services are also expected to significantly contribute to market growth in the coming years. Growth is expected to be particularly strong in urban areas with a high concentration of young professionals and tourists. The forecast period (2025-2033) projects continued expansion of the India FSR market. While precise CAGR figures are unavailable, assuming a moderate growth trajectory consistent with emerging market dynamics, a conservative estimate of a 7-8% annual growth rate would be reasonable. This is based on the current trends of increased urbanization, rising tourism, and the continuous evolution of consumer preferences towards diverse culinary options and experiences. This growth will be largely driven by the expansion of existing restaurant chains into new locations and the emergence of new players catering to niche market segments. Key areas for future growth include enhancing the digital experience and optimizing supply chain efficiencies. Recent developments include: August 2023: ITC invested nearly USD 72.415 million in opening its 12th luxury hotel chain in Gujarat.January 2023: Indian Hotels Company (IHCL) announced the signing of its first hotel in Indore, Madhya Pradesh, under the Vivanta brand. The Greenfield project is slated to open in 2026.December 2022: Ohri's Group identified four brands: Qaffeine-The Coffee Shop, Sahib's Barbeque, Cake Nation, and Ming's Court, to expand its operations in India. By 2026, the company plans to expand, with its first phase beginning operations in Bengaluru, Pune, Mumbai, and Goa. In the next two years, Ohri's will be visible across major towns in the country.. Notable trends are: Residents looking for international cuisines and increased dine-out culture fueling the sales.
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The India food service market attained a value of around USD 65.89 Billion in 2024. The market is projected to grow at a CAGR of 8.90% between 2025 and 2034 to reach USD 154.56 Billion by 2034.
The market share of organized food service in India was estimated to be about 49 percent in 2025. The organized food service market had increased significantly over the year from 2014. Majority of the market was still unorganized in 2019.
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The India Food Service market is expected to grow at more than 11% CAGR from 2023 to 2028.
This statistic shows the forecasted growth rate of the food and beverage industry in India in 2015, by segment. Casual dining was expected to have an annual growth of 18 percent in 2015.
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The global food service market size was worth $3,486.58 billion in 2024 is projected to grow from $4,027.61 billion in 2025 to $6,810.86 billion by 2032
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The India Foodservice Market is segmented by Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), by Outlet (Chained Outlets, Independent Outlets) and by Location (Leisure, Lodging, Retail, Standalone, Travel). Market Value in USD is presented. Key data points observed include the number of outlets for each foodservice channel; and, average order value in USD by foodservice channel.