New Delhi: Strong domestic demand tailwinds are enabling consumers to spend more and aspire to consume better, leading to creating a nearly US $600 billion processed food opportunity by 2030, Deloitte and FICCI said in a report released Thursday.The report noted that online channels could account for 25-30% of food retail sales across top metros by 2030, with quick commerce emerging as a key driver of premiumisation, discovery and consumption occasions, the report, released at the FICCI FoodWorld event noted.The report said as consumption patterns turn more diverse, with premiumisation unfolding alongside value-conscious spending, demand is increasingly moving towards differentiated, health-focused and convenience-led offerings.“India's food sector is undergoing a structural transformation, driven by rising incomes, rapid urbanisation and expanding digital access,” Anand Ramanathan, Partner and Consumer Industry Leader, Deloitte South Asia, said in the report. “This shift is giving rise to a value-led, consumer-focused food economy. As consumption patterns become more diverse, with premiumisation unfolding alongside value-conscious spending, demand is increasingly moving towards differentiated, health-focused and convenience-led offerings. Categories such as nutrition and functional foods are already growing two times faster than the broader food market, underscoring the increasing importance of value-added products and consumer-centric innovation,” he added.Jyoti Vij, Director General, FICCI, noted that rising consumer aspirations, expanding digital adoption and increasing investments in value addition are reshaping the industry’s growth trajectory. “The next phase of growth will depend on the sector’s ability to strengthen processing capabilities, accelerate innovation, enhance operational efficiency and build globally competitive value chains.”Calling out to quick commerce as an urban game-changer, the report estimated that online channels are expected to account for 25-30% of food retail in top metros by 2030, with quick commerce emerging as a key driver of premiumisation and product discovery. “While traditional trade will remain dominant nationally and modern trade will continue to serve as an experience-led channel, manufacturers will need increasingly differentiated channel strategies, portfolios and pack formats to win across an evolving retail landscape,” the report added.