Augmenting Distribution Of Food And Beverage To Different Parts Through Different Channels

Augmenting Distribution Of Food And Beverage To Different Parts Through Different Channels

According to GlobeNewswire, the Indian food and beverage packaging market was valued at USD 26.28 billion in 2019, which is expected to reach USD 122.78 billion by 2025, thereby registering a CAGR of 29.88 percent during the period of 2020-2025. The predicted growth will be augmented by online retailing. The increasing online retailing also augments the food and beverage packaging market as online private labels, as predicted, will increase the growth rate around 1.3 to 1.6 times according to KPMG in India and Retailers Association of India. Expansion of Internet penetration, order frequency demands upsurge, and takeaways are supporting the growth as well. Food and Beverage! How nice it sounds when we come across these terms. A sudden food craving rises and we immediately search...