The Food & Beverage service market is worth INR 2,04,438 crore and is expected to reach INR 3,80,000 crore by 2017. The F&B sector has evolved over the past decade, giving rise to exciting new concepts in food and beverage offerings and new and innovative service elements. Amongst the various segments within the restaurant sector, Quick Service Restaurants and Casual Dining Restaurants constitute the largest categories combined they constitute more than 77% of the overall market. The F&B service market is dominated by unorganized segment and although it will decline significantly over the next 4-5 years, it is likely to remain more than 60% of the market. This article talks about different compliance work that a food business should take care of at different stage of growth.
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