India’s bakery industry is projected to achieve extraordinary growth over the next decade, with market value expected to triple from ₹926-1,155 crores (USD 11.07-13.8 billion) in 2024 to ₹2,294-2,635 crores (USD 27.43-31.5 billion) by 2032-33. The sector will maintain a robust 9.12-9.8% CAGR throughout 2025-2033, with production volumes rising from 6.8 million metric tons to 8.2 million metric ton
