Organic Food Market In India

This in a way is driving the budding entrepreneurs in dealing with organic food products.

Organic food market in india. The indian organic food market reached a value of us 704 million in 2018. As per an. To scrutinize the detailed market segmentation and forecast the market size in terms of value and on the basis of region by segmenting the india organic food market into four regions namely north east west and south. Increasing awareness towards nutritious tasty and healthy food and changing lifestyle are surging the demand for organic food particularly across the metro cities which has nearly quadrupled the size of organic foods in india in the last few years.

Consumers are opting for organic food in india very consciously to rectify their eating habits. Organic food gives consumers the assurance that toxic pesticides synthetic fertilizers genetically modified organisms gmos are not used in the food. Organic food market growing at 25 30 awareness still low. Sprout intelligence expert team estimated that the global organic foods beverages market in 2016 was worth more than usd 80 billion.

The global organic foods beverages market is expected to grow at a cagr of more than 15 from 2017 to 2021. The organic food market size in india by type 2014 15 organic exports value in india fy 2011 to fy 2016 packaged organic food and beverages market share by company in india 2016. To identify tailwinds and headwinds for the india organic food market. Government the study suggested that companies in collaboration with the government should organise awareness and training programmes for farmers as well as consumers.

According to the study that has been recently prepared size of indian organic food market in 2014 was worth 036billion and it was organic food grains and pulses that formed the majority of the market share. We have been hearing a lot about organic food especially since the past 10 years or so. According to recently published techsci research report india organic food market forecast and opportunities 2020 organic food market in india is projected to register growth at a cagr of over 25 during 2015 20. To opt for safe food and healthy lifestyle people prefer organic food over others.

Majority of the demand for organic food is being contributed by cities such as mumbai chennai delhi gurgaon bengaluru and pune. Other factors driving growth in the market include higher income levels. Organic food is the product of an agricultural system that avoids the application of man made fertilisers pesticides. During this time the market for organics worldwide as well as in india has grown steadily.