India's Food Gifting market is expected to grow over 7.48% CAGR from 2024–29, driven by e-commerce growth and increasing demand for luxury gift options.
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The practice of food gifting in India has a rich history deeply intertwined with the country’s diverse cultural and culinary heritage. Traditionally, food has played a central role in Indian society, symbolizing hospitality and generosity. From ancient times, it has been customary to offer food to guests and during religious rituals, marking special occasions and festivals with specially prepared dishes. The origins of food gifting can be traced back to traditional Indian festivals like Diwali and Eid, where sweets and savory snacks are exchanged among family and friends, reinforcing social bonds and expressing goodwill. As India underwent modernization, the food gifting landscape evolved, reflecting changing lifestyles and consumer preferences. The advent of commercial food production in the late 20th century led to the emergence of packaged foods, which offered convenience and variety, transforming food gifting into a more organized market. The globalization of Indian cuisine in the 21st century introduced an array of gourmet options, expanding the scope of food gifts to include artisanal and specialty products. Today, food gifting in India encompasses a blend of traditional items, such as mithai (sweets) and namkeen (savory snacks), and contemporary gourmet offerings, including chocolates, gourmet hampers, and health-focused products. This evolution has not only preserved the cultural significance of food gifting but has also adapted to modern trends, making it a cherished practice that continues to enhance personal connections during celebrations and milestones.
According to the research report "India Food Gifting Market Overview, 2029," published by Bonafide Research, the India Food Gifting market is anticipated to grow at more than 7.48% CAGR from 2024 to 2029. The rise of e-commerce has also played a crucial role in this growth, enabling consumers to easily access a variety of food gifts, from traditional sweets to gourmet items, with just a few clicks. Major festivals like Diwali, Raksha Bandhan, and Christmas drive a substantial portion of the market, creating seasonal spikes in demand for food gifts. Moreover, as Indian consumers become more health-conscious, there is a noticeable shift toward organic, gluten-free, and premium food items, reflecting a broader global trend toward quality and sustainability. The market is characterized by a diverse range of offerings, including ready-to-eat meals, artisanal snacks, and gourmet gift baskets tailored for various occasions. In addition to traditional gifting practices, corporate gifting has emerged as a significant segment, where companies offer food gifts to clients and employees as tokens of appreciation. The convergence of tradition and modernity in India’s food gifting market presents a dynamic landscape, showcasing both cherished customs and contemporary innovations that resonate with a wide array of consumers.
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