Food Processing is the process of converting edible raw ingredients into food and other edible products using various technologies and techniques. Food Processing Industry is a huge industry and comprises of various sectors like Grain Processing, Dairy, Vegetable Processing, Packaged Foods, etc.
The Indian Food Processing Industry is among the largest food processing industries in the world and stand at 5th position in the world in terms of production, consumption and exports. Also, Food Processing Industry plays a vital role in boosting the economy of the country and contribute over Rs 84,000 Crore in India’s GDP annually.
The Indian Food Processing Industry for the past 5 years is growing at a rate of more than 8%, which shows good performance of this industry. The Indian Food Processing Industry is also among the largest employment creators in the country and offer ample job opportunities.
India is the second most populated country in the world and there is always a huge demand of food. The demand for food is increasing with increase in population, which has led to the entry of many multinational and domestic companies in food processing sector. This post describes about the top 10 food processing companies in India:
10. MTR Foods
MTR is a known brand of food products, which offers a wide range of products from Frozen Foods to Ready To Cook Food Products. The history of MTR Foods dates back to the year 1924, when MTR Restaurant was started in Bangalore.
It offers various food products, that include Frozen Foods, Soups, Breakfast Mixes, Spices, Meal Mixes, Vermicelli, etc. MTR Foods at present is a huge food processing company with business in over 20 countries across the globe.
9. GlaxoSmithKline Consumer Healthcare
GlaxoSmithKline Consumer Healthcare is a part of GlaxoSmithKline Group and ranked ninth in the list of top 10 food processing companies in India. The company is known for making quality nutritional products and other products.
Horlicks, an iconic health food drink is a product of GlaxoSmithKline Consumer Healthcare, which is popular in India since 1930s. Horlicks holds a major market share of health food drink in the country and available in a range of delicious flavours.
Talking about the performance, then the company generated a revenue of more than Rs 41,000 Crore in the last financial year. Also, the net profit earned by the company was over Rs 580 Crore.
8. Mondelez India Foods Private Limited (Cadbury India)
Cadbury India, a company known for producing delicious chocolates in India was renamed to Mondelez India Foods Private Limited in the year 2014. Mondelez India is an Indian subsidiary of Mondelez International, an American Multinational Corporation that have business in foods and beverages in many countries in the world.
Cadbury a name that needs no introduction when its about chocolates in India is a chocolate brand of this company. Also, Cadbury is an indisputable leader among all chocolate brands in the country and holds a market share of over 70% in the chocolate business in India.
Headquartered in Mumbai, Mondelez India Foods Private Limited operates 5 manufacturing plants in the country. Dairy Milk, 5 Star, Gems, Perk and Oreo are some of the popular products of the company in the country.
7. PepsiCo India
PepsiCo India, a leading food processing company in India is next on this list, which is the Indian subsidiary of PepsiCo, an American Multinational Company. PepsiCo India started its operation in the year 1989 and produces snack foods and beverages.
The company has a diverse product line that includes potato chips, fruit juices, snacks, carbonated soft drinks, etc. Lay’s, Uncle Chips, Kurkure, Pepsi and Lehar are some of the popular brands of this company.
ITC is a giant Indian Corporation with business in diverse fields and also a leading player in food processing industry in the country. The company keeps a strong hold in food products through its brands like Sunfeast, Aashirvaad and Bingo.
Sunfeast is a popular brand of the company that offer biscuits, cookies, noodles, pasta and pie cakes. Sunfeast is among the leading biscuit brands in the country and holds a significant market share.
Haldiram’s is the hot favourite snacks brand of the country, which is known for quality products and ranked fifth in the list of top 10 food processing companies in India. Incorporated in the year 1937, Haldiram’s is a snacks and sweets making company, which produces more than 100 products of namkeens, sweets and biscuits.
Namkeens and sweets made by Haldiram’s is of premier quality and holds a major share of snacks business in the country. Winner of multiple awards for quality products, Haldiram’s has operations in many countries in that include Australia, USA, South Africa and UK.
Parle is another big name in food processing industry and produces biscuits, snacks and sweets. Incorporated in the year 1929, Parle at present owns some of the most selling biscuit brands in the country like Parle G, Monaco and Hide & Seek.
When its about quality dairy products, then the first name that pops up in the mind is Amul. Amul is a leader in dairy products in India holds a major share of dairy products sold in the country.
Amul is a huge dairy company with milk handling capacity of 2.4 Crore Litres per day and in the last financial year, its sales turnover crossed the mark of Rs 20,000 Crore. Amul produces various quality dairy products that include Pasteurized Milk, Ice Creams, Ghee, Paneer, Butter, etc.
Britannia is a leading food processing company, which is the symbol of quality and trust in India and stand at second position in the list of top 10 food processing companies in India. Incorporated in the year 1892, Britannia makes biscuits, dairy products, cakes, breads and rusk.
Britannia is one of the most trusted brand of processed food, which is also shown in its popularity among people. The popularity of products of Britannia can be traced from the fact that in the last financial year, the company sold products of over Rs 7,000 Crore.
Good Day is the iconic biscuit brand of Britannia, which can easily seen in any retail shops across the country. It is available in 6 different variants, which are Butter, Cashew, Pista Badam, Cunckies, Choco Chip and Choco Nut.
Britannia holds a major share of biscuit and cake in the country through its various quality products. Some popular brands of this company include Marie Gold, Tiger, Bourbon, Little Hearts, Fruit Bar Cake, Premium Bake Rusk and Maska Rusk.
Nestle is the indisputable leader among all food processing companies in India and holds a major market share of this segment in the country. Nestle is a Swiss Multinational Company, which made debut in India in the year 1961.
Nestle offers various food products in the country that include milk products, chocolates, beverages, nutritional products, noodles, etc. Maggi, Kitkat, Nescafe and Nestea are some of the popular brands owned by the company.
Nestle has 8 manufacturing plants in India, out of which 3 are in Karnataka and rest are in other states. Nestle also has a Research and Development (R&D) centre in India, which is involved in product development.