Decoding the nuts and bolts of India's dry fruit market
India's dry fruit market is currently the fastest growing in the world, valued at over $6 billion at the retail level. the sector is seeing high growth in revenue, which is estimated at over 134 billion dollars for 2024.
India’s dry fruits and nuts market has seen significant growth, led by consumers increasingly opting for healthier snacking options.
India's dry fruit market is currently the fastest growing in the world, valued at over $6 billion at the retail level. The sector is seeing high revenue growth, which is estimated at over $134 billion for 2024.
While the sector is optimistic about sustained growth in the coming year, there are a few concerns regarding import duty, crises in Russia and Ukraine and the Red Sea affecting the supply chain, and so on.
To decode the outlook for the industry this year, CNBC-TV18 spoke to Gunjan Jain, MD & CEO at VKC Nuts; Yash Gawdi, Founder and CEO of Candor Foods; Deepak Agarwal, Director at Proventus Agrocom and Sameer Bhanushali, founder and CEO of Ashapura Agrocomm.
For full interview, watch accompanying video
(Edited by : Ajay Vaishnav)
First Published: Feb 27, 2024 6:52 PM IST
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