The Indian food container has been an integral part of India’s culture and cuisine for centuries, and its popularity has soared in the last few years.
But in a market that’s been struggling to find ways to get people to eat more of its food, the container’s popularity has been declining.
In recent years, the number of containers sold in India has dropped from over 1,400 million in 2011 to just over 700 million in 2020, according to an Indiaspend report published this week.
Despite the overall decline, Indian companies are still making a profit out of the Indian food storage container.
The report says that of the $8.3 billion that was sold in 2016, just over $3 billion was sold to companies in the Indian container segment.
This is a significant number, given that Indian companies sell a whopping $4 billion in the US alone.
“The containers in the market are also relatively cheap compared to other food products and can be bought online, as opposed to in stores, for a reasonable price,” says Anand Pandey, co-founder of food storage business company, Indiasapark.com.
Pandey says that while Indian companies can often charge more than the prices in the country, they often pay higher prices elsewhere in the world.
One of the biggest problems is the lack of quality control in the supply chain.
The Indian Food and Drug Administration has said it’s working to improve its supply chain, but that’s not always easy to do in a country where the country is home to some of the world’s biggest food processors.
Food packaging companies say they have a responsibility to do a better job of inspecting the containers they ship and keeping up with changes in the way food is packaged.
But Pandey says the problem has grown in the past year.
Over the past decade, food containers in India have grown in popularity, but their popularity has declined, he says.
Many people in India don’t know how to cook, cook well, cook food well, he adds.
“They’re not prepared to cook properly.”
Panday says that food containers have been an important part of Indian culture for centuries.
It is the first time that India has a serious food safety problem, says Pandey.
People are going out to buy food in India to prepare it for consumption, not just to buy it and throw it away.
It’s very important that we do our best to educate people in this way and make sure that people are taking care of their food properly, he said.
As the food storage market is a major part of the economy, Pandey hopes that the government will focus more on improving the quality of food, packaging, and food safety in India.
To find out more about Indiaspark, click here.