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India set to become $30 billion market opportunity for health food: Avendus Capital
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Saturday, March 5, 2022
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Our Bureau, Mumbai
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Avendus Capital, India’s premier Investment Banking franchise, launched a thought paper on India’s health food market today. Estimating a market size of $30 billion in the next 5 years, the study indicates that India is the fastest growing health food market expanding at 20% CAGR, which is 3x the global average and 1.5x India’s total packaged food and beverage market.
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