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...e Company’s Reports are Designed by a Team of Highly Dedicated & Experienced Analysts Who Strive to Accurately Decipher Market Scenarios The food processing & processed food industry plays a crucial role in providing necessary linkages between the two major pillars of economy- industry and agriculture. As per an annual report by the Ministry of Food Processing Industries, in India, approximately 13.7% of the workforce is employed by this industry in the unorganised sector, whereas around 12.8% of the workforce is employed in companies that are registered under the Factories Act, 1948. Processing is bifurcated into primary and secondary. Primary processing includes flour mills, edible oil, sugar, and rice. Secondary processing consists of chocolates, bakery, dairy, and vegetables. At present, the food supply chain has become more complex, longer, and globalized than the olden days. On account of the surging imports and exports, processed food items are entirely dependent on long supply chains. It poses a challenge to ensure food safety. Rapid transformations in food consumption, regional economies, the food & beverages industry, and size of the population have significant impacts on food processing.
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