The food-tech industry encompasses online food and grocery delivery. Indian food-tech industry stood at US$ 8.8B in FY22 and is expected to reach US$ 23.4B by FY25, growing at a CAGR of 39%. The competition is growing fierce, and the segment is undergoing tech integration.
This space is driven by ever-changing consumer trends. To stay ahead of the competition and deliver, brands must understand the consumer.
We at 1Lattice, not only track the consumption and tech trends across categories regularly but also are thought leaders when it comes to the food-tech space in India.
In the below section, we discuss how the food-tech space is changing in India, key trends, and underlying drivers.
With the ever-changing demands of consumers, food-tech brands need to evolve to stay ahead of the competition. We at 1Lattice have customized tools and offerings to help food-tech brands. Contact us today to discuss what we can do for your business.
