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Market segmentation of food service industry India FY 2019 by type

In the organized market of the Indian restaurants and food service industry, the casual dining restaurant market accounted for the largest share of about 52.1 percent as of the fiscal year 2019. The organized segment comprises of quick-service restaurants, fine dining, casual dining, restaurants in hotels, bars, lounges, cafes, and food courts.

Cuisine-based restaurants

There are several reasons including change in lifestyles, disposable incomes, variety in cuisines that influence the choice of dining out. Among the various casual dining restaurants, Indian cuisine was foremost in the country. This is in line with the preference of customers; for instance, in Bangalore, almost half of the restaurants served Indian cuisine and are thriving. The country also has many fine dining restaurants that serve Indian delicacies with unique cultural experiences.

Food and drinks

Although all food service includes drinks, alcohol is served only with a license. Before the last decade, alcohol consumption in the country had increased, mainly due to the change in lifestyle and a cultural acceptance of consuming drinks alongside food. The result of fewer restrictions on pubs and restaurants serving alcohol have a profitable impact on revenues.

Market segmentation of the organized restaurants and food service industry across India in financial year 2019, by type

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Sources

Release date

March 2020

Region

India

Survey time period

FY 2019

Supplementary notes

India's financial year starts in April and ends in March. For example, FY 2019 started in April 2018 and ended in March 2019.

One Indian rupee is equal to 0.013 U.S. dollars and 0.012 euros (as of April 2020).
Values have been rounded for clarity.

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Statistics on "Restaurant industry in India"

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