MARCH 20204The food and beverage industry in India is recognised as one among the most vibrant industries which demonstrated unprecedented growth in the recent past. The industry expected to reach US$142 billion by 2020, with a compounded annual growth rate (CAGR) of 36.34 per cent. While the market was dominated mainly by traditional operators, many new players have emerged and are giving rise to exciting new concepts in food and beverage offerings and new and innovative service elements. The Indian food palate has also evolved over the years with a wide variety of cuisines becoming popular. Experts are of the belief that new-age food startups have mushroomed in the last four years on the back of increasing demand and smarter ways of offering and delivering food, which has done away with the need to create large spaces for dine-ins or shelf space in supermarkets. There has been a proliferation of start-ups adopting age-old technologies in a new commercialized format in segments like dehydrated snacks, as well as the development of newer technologies for catering to the aspirations of consumers for newer varieties and tastes of food. As per the investors, there is a growing popularity of brands, particularly tea chains, dairy products, health drinks, and healthy snacks.Witnessing the trend, we have featured a list of "10 Best Food & Beverages Startups" in our current. The list consists of start-ups that have come up with interesting brands and positioning strategies and are trying to revive the old traditions of India in a new format that is appealing to customers. We also recommend you to read our cover story on All That Dips, a company that has created a variety of dips and sauces that are international in appeal and local on palate.Do share your thoughts with us!Nandini MukherjeeManaging EditorNew Concepts & Innovative Products are Ruling the Food & Beverage Industry EDITOR'S NOTEVisualisers S Sivasankar J Dennis Bennito siliconindiasiliconindia Vol 5 · Issue 9 - 3 · March, 2020 Publisher Alok Chaturvedi Managing Editor Nandini Mukherjee Editorial Team Aparna Roy Monica Pallavi J Likhith Aradhya Subhadarshini Mohanty Sales & Marketing Madan D S Shashi Ranjan Editorial Queries startupcity@siliconindia.com To subscribe Visit: www.siliconindia.com/subscribe/ Cover price is ` 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2020 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.sales@startupcity.comGroup Art Director Ashok KumarCirculation Manager Magendran PerumalSr. Manager Sales & Marketing Virupakshi Pattar
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