date:May 15, 2012
According to Frost Sullivan the global sector for food ingredients would reach $30 billion in 2010 with a growth rate of around 6 percent. Indian food ingredient industry is estimated at US$500 million.
World over, the food ingredients market is fast expanding. The growth is primarily driven by the promising prospects in the processed food market, stated Dr V Prakash, former director, Central Food Technological Research India(CFTRI), Mysore.
The increasing urbanisation, changing lifestyles an