India’s food services industry is projected to surpass Rs. 10,70,880-11,15,500 crore (US$ 120-125 billion) by 2030, reflecting around 60% absolute growth from Rs. 6,96,072 crore (US$ 78 billion) in 2025, driven by rising incomes, accelerated digital adoption and strengthening supply chains, as highlighted in the Kearney-Swiggy ‘How India Eats 2025’ report. The organised segment, led by cloud kitchens, quick-service restaurants, and café chains, is expected to expand at a 12-14% compound annual growth rate (CAGR), significantly outpacing the 5-7% growth of unorganised players. Its share of total market value, which stood at 35-40% in 2019 and 45-50% in 2025, is likely to rise to 55% by 2030, supported by urban consumer preferences for convenience and technology-enabled delivery platforms. Cloud kitchens, currently representing 2% of the organised segment, are forecast to grow at 32-37% annually, followed by quick-service restaurants (QSRs) at 15-17% and dessert and ice-cream parlours at 14-16%.
Changing consumption patterns are also reshaping demand dynamics, with late-night orders between 11 pm and 6 am growing nearly three times faster than dinner orders during 2022-2025 and now available round-the-clock in over 700 cities. Simultaneously, health-conscious consumption is accelerating, with protein-rich, low-calorie, and sugar-free meals expanding at 2.3 times the pace of overall orders. Consumer experimentation with global cuisines is rising, with Korean cuisine orders up 17-fold since 2022, while Vietnamese and Mexican options have grown six-fold and 3.70-fold, respectively, highlighting a structurally evolving and increasingly diversified food services landscape.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.