Indian market to double high-end food items in five years

The Indian consumer market for high-end food products is set to double to 200 million people in the coming five years, given the ambitiously driven entrepreneurship of Indian businessmen in developing new food-based opportunities. It is expected that the middle-class Indian consumer market to double over the five years from the current 100 million out of the 1.2 billion population and as such, according to Symrise Asia Pacific Ltd, a German group manufacturing and marketing food flavors and fragrances. This swift expansion in the high-end food segment would bring a new facelift in the Indian retail sector, which will eventually respite the signage players engaging in in-store graphics and displays.

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