India’s food services market, valued at $80 billion in 2024, is set to grow at a CAGR of 10-11% through 2030, with the organized sector driving this expansion. As consumer preferences evolve, the rise of online food delivery and organized dine-in establishments is also reshaping the landscape. Multi-brand companies, particularly cloud kitchens, are emerging as key growth drivers, offering operational efficiency, faster scalability, and diversified revenue streams.
These cloud kitchens, which operate without dine-in spaces, leverage shared infrastructure to reduce costs and maximize kitchen utilization. This model allows brands to scale rapidly, with many achieving INR 100 crore in revenue within 2-3 years.
Our latest report, The Big Bite: Scaling success in India’s food services, is now live. Download the report and explore key drivers and strategies shaping the future of food services in India.
