Food services market to touch $125 billion by 2030: Swiggy-Kearney report
India’s food services market is expected to cross $125 billion by 2030, with organised players growing at twice the rate of the unorganised segment, according to Swiggy’s ‘How India Eats 2025’ report released in partnership with consulting firm Kearney.
According to the report, the organised segment—comprising quick service restaurants (QSRs), cloud kitchens, and restaurant chains—will account for over 60% of industry growth and surpass the unorganised sector by 2030. The organised segment is projected to grow at 12-14% CAGR compared to 5-7% for unorganised players during the 2025-2030 period, it added.
