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The weak southwest monsoon in first half of June 2022 slowed ongoing plantings of the kharif (fall harvested) season crops. Plantings will recover under adequate soil moisture conditions with the revival of monsoon starting the third week of June, along with expected normal precipitation in July. On July 6, India's Ministry of Commerce and Industry notified authorizing the export of wheat flour and other products (Harmonized Tariff System - HS code 1101) only on the recommendation of Inter-Ministerial Committee on the Export of Wheat.
India’s food retail sector has rebounded from the COVID-19 pandemic and is expected to expand massively in the next decade thanks to rising incomes, urbanization, and a shift in consumption habits, fueling demand for healthy, premium food products. While traditional retailers continue to dominate the market, the country’s rapidly expanding e-commerce sector is distinguishing itself by offering high value imported food products and innovative services/convenience.
On June 24, 2022, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) issued Notification F. No. Std/SP-05/T (Nutraceutical-2022), the draft amendment regulation that the FSSAI is proposing for the Food Safety and Standards (Health Supplements, Nutraceuticals, Food for Special Dietary Use, Food for Special Medical Purpose, and Prebiotic and Probiotic Food) Regulations (2016).
On May 25, 2022, the Ministry of Health and Family Welfare/Food Safety and Standards Authority of India (FSSAI) issued Notification F. No. STD/FA/38/FSSAI, draft amendments to the Food Safety and Standards (Food Products Standards and Food Additives) (2011) regulation. FSSAI published the draft amendment in the Gazette of India (official gazette) on May 26, 2022, uploading the same to its website on May 31, 2022.
On June 17, 2022, the Ministry of Health and Family Welfare MoHFW)/Food Safety and Standards Authority of India (FSSAI) issued direction F. No: STD/SP_08/A1.2022/N-01-Part (1) to operationalize the draft Food Safety and Standards (Labeling and Display) Amendment Regulations (2022).
India’s agricultural sector is highly vulnerable to the effects of climate change and extreme weather events.
India's Ministry of Commerce has lifted import volume restrictions on select pulses.
India’s online grocery market grew by 80 percent to $2.66 billion in 2020 primarily due to COVID-19 and the resulting lockdown. The sector is expected to grow exponentially over the next few years.
Post forecasts marketing year 2021/22 coffee production to increase by 5 percent to 5.41 million 60-kilogram bags.
A large vegetarian population and greater demand for healthy foods are fueling the rapid expansion of plant-based meat substitutes in India.
Post forecasts India’s MY 2021/22 cotton production will increase by four percent to 29.5 million 480 lb. bales on a reduced area of 12.9 million hectares.
FAS New Delhi is lowering its India MY 2021/2022 (April-March) wheat production forecast to 105 million metric tons (MMT) compared to the pre-harvest forecast of 107 MMT