The IoT and trackability market for F&B manufacturing has experienced significant growth in recent years and is poised for continued expansion. It is projected to witness a CAGR of 9.5%. By 2025, the market is expected to surpass $8 billion, representing substantial growth opportunities for companies operating in this space.

In addition, our business scope extends beyond F&B manufacturing to include the packaging industry. The packaging industry plays a crucial role in the F&B sector, ensuring product safety, preservation, and presentation. Currently valued at $200 billion+, this market presents immense potential for innovation and integration with IoT and trackability solutions.

India’s single outlet gym market represents a significant opportunity for businesses in the fitness industry, with a total addressable market (TAM) of $10 billion. The market is concentrated in Tier 2 and 3 cities, and there is an immediate opportunity of $0.5 billion assuming an average net spend of only 2,200 INR per month ($25) and 1,200 operational centers.

This indicates a large and growing demand for affordable and accessible fitness options in these cities, which businesses can tap into by offering attractive pricing and high-quality services. By taking advantage of this opportunity, fitness businesses in India can not only drive revenue growth but also contribute to improving the health and wellness of millions of people across the country.