Survey on Food & Beverage Preference of Consumers in 2024

In recent years, the Food services market in India has been growing, supported by multiple factors ranging from huge penetration of online deliveries, huge inflow of VC and funding in F&B sector and structural shifts within Indian families which are becoming more nuclear because of rapid migration to urban cities. It is an attractive market with not only startups but also major companies entering this sector.

Winter months are peak seasons for F&B business. As per many estimates, including Food delivery apps (Zomato & Swiggy) – food services industry increased nearly 25% during winters* vs. other periods of the year. Lets look at some data from the Food Services sector and understand how consumer behaviour and perceptions have been evolving over time.

For full report, refer to this link.