Increasing awareness on health, using more biofertilizers, and rising government initiatives to increase the adoption of organic food are some key factors driving the India Organic Food market.
According to TechSci Research report, “India Organic Food Market – By Region, Competition Forecast & Opportunities, 2018-2028F,” The India organic food market is expected to grow at a higher pace during the forecast period due to the rising usage of synthetic chemical fertilizers and pesticides in conventional food products that might cause numerous health issues like cancer, obesity, and birth defects consumers opting for organic food products instead of conventional foods products. Additionally, the government is aiming to boost the consumption of organic food by introducing various policies and expanding the amount of land used for organic farming over the coming years. Furthermore, the market is expected to experience rapid expansion due to expanding consumer awareness of the benefits of natural and healthy food items along with increased access to a wide range of organic food options through offline and online distribution channels.
Moreover, India’s market for organic food products is extremely unstructured. The demand for organic food products has dramatically increased due to an increase in instances of food adulteration across the country. An increasing number of upper-middle-class consumers are concerned about the quality of their food and are willing to pay an additional amount for organic food products.
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Consumer preference for organic food items is growing due to the association of chemical residues in food (such as fertilizers, pesticides, fungicides, and weedicides) with conventional food and diseases including cancer and even birth defects. One of the most significant factors propelling the Indian organic food industry is rising consumer health awareness of the negative impacts of such chemicals. The market for organic food items in India is expected to be driven by increased consumer awareness and preference towards organic foods, particularly among younger consumers, and an expanding urban population.
India has a high level of agricultural biodiversity and agro-climatic conditions that are favorable for organic farming. Many farmers are switching to organic methods to increase the financial returns on their produce. Additionally, during the past few years, Indian organic food producers have concentrated on enhancing the quality of organic food, which is projected to increase customers’ faith in organic food items in the country. Also, the market’s top players are promoting organic food items through various media outlets, which is expected to increase demand for these items in the upcoming years.
Based on distribution channel, the market is segmented into Modern Retail Channel, Traditional Retail Channel, Wholesales, Online, Others (Distributor & Dealer Sales, Direct Sales.
India organic food market is segmented into product type and distribution channel. Based on product type, the market is segmented into Organic Fruits and Vegetables, Organic Tea and Coffee, Organic Beverages, Organic Cereal & Pulses, Organic Dairy Products, Organic Herbs, Spices and Condiments, Organic Flour, and Others (Organic Nuts and Seeds, Organic Cooking Oil, Organic Meat and Poultry, Seafood). Among them, organic fruits and vegetables segment dominated the demand for organic food in the country.
The market also studies regional segment which includes west, south, north, and east. In India’s organic food market, the west and south regions are generating the most demand. A substantial demand for organic food is also anticipated in these regions during the forecast period as a result of growing population, changing lifestyles, and an increase in the consumption of organic food among consumers of all ages.
Key market players in the India organic good market include:
- Suminter India Organics Private Limited
- Nature Bio-Foods Limited
- Organic India Private Limited
- Sresta Natural Bioproducts Pvt. Ltd
- Phalada Agro Research Foundations Pvt. Ltd
- Elworld Agro & Organic Foods Pvt. Ltd.
- Nature Pearls Pvt Ltd
- Conscious Food Private Limited
- Nourish Organics Foods Pvt. Ltd.
- EcoFarms (India) Ltd
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“Growing consumer awareness of the health advantages of organic food products, rising average household annual spending on food & drinks, increased urbanization, and easier access to such products are predicted to boost the revenue of organic food products across India in the upcoming years. Moreover, the country’s organic food market is expected to expand over the next years due to shifting consumer preferences, an improved supply chain network, and the implementation of measures to encourage farmers to use organic farming.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“India Organic Food Market By Product Type (Organic Fruits and Vegetables, Organic Tea and Coffee, Organic Beverages, Organic Cereal & Pulses, Organic Dairy Products, Organic Herbs, Spices and Condiments, Organic Flour, Others (Organic Nuts and Seeds, Organic Cooking Oil, Organic Meat and Poultry, Seafood), By Distribution Channel (Modern Retail Channel, Traditional Retail Channel, Wholesales, Online, Others (Distributor & Dealer Sales, Direct Sales), By Region, By Company, By Company, Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of organic food in India market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the India Organic Food market.
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