National Restaurant Association of India (NRAI) released theirNRAI India Food Services Report-2019.As per the report,the
estimated Food Service market in Bengaluru is Rs.20,014 crores
which is Third highest among metros in India.The average spend
per month per household on eating out in Bengaluru is Rs.3586/-
which is higher than the national average of Rs.2500/-.
The NRAI IFSR 2019 estimates overall Indian Food service Industry's
market size is at Rs.4,23,865 crores which is expected to grow at
CAGR of 9% to reach Rs.5,99,782 crores by 2022-23.It is the largest
industry after Retail & Insurance.
Mr.Samir Kuckreja,Past President and trustee NRAI said," The report
is an in-depth research study which maps out the scale & impact of
India's Food services sector.This report is crucial for the industry to
garner the required support & recognition from the government ".
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