Food Service Industry - Bon Appétit; Strong Tailwinds For Organised Players: Motilal Oswal
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Motilal Oswal Report
The Rs 4.2 trillion ($58 billion) Indian Food Service Industry is expected to grow by ~9% compound annual growth rate over FY20-25E. Its drivers include:
rising income levels, urbanisation, and nuclearisation,
innovative offerings that appeal to the youth, and
the changing dynamics of the space, with the growth of online food delivery and food tech.
Within food service industry, organised players are growing faster than the industry, with the companies covered in this report growing even faster.
Over FY20-25E, the organised industry is expected to deliver 15.4% CAGR, while the companies in this report are expected to deliver an aggregate sales CAGR of 18.5%.
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