Mint Explainer | Why Big Food is cutting back: Slow growth, new health trends, and GLP-1 drugs push giants to exit by Live mint | March 20, 2026 12:16 pm | Indian Stocks, Market, News From slow growth to changing consumer habits and the rise of weight-loss drugs, major FMCG players are rethinking their portfolios, a stark contrast to India’s booming food market.