Growing consumer awareness of nutrient-dense and naturally derived products due to their many benefits is driving the Indian organic food market.
SHERIDAN, WY, USA, Oct 11, 2022 // — According to IMARC Group’s latest report, “India Organic Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the Indian market organic food is expected to show a CAGR of 25.25% over the period 2022-2027. Organic food represents the product of an agricultural system that avoids the application of artificial fertilizers, pesticides, growth regulators, feed additives for livestock, etc. It gives consumers the assurance that toxic pesticides, synthetic fertilizers, genetically modified organisms (GMOs), etc. , are not used in food production. With this in mind, organic food ensures that strict organic growing standards have been implemented with respect to impact on soil, water, air support, environmental protection, etc In addition, these practices use cycled resources that help promote ecological balance.
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Organic Food Market Trends in India:
Growing consumer awareness of nutrient-dense and naturally-derived products, owing to their numerous health benefits, is mainly driving the Indian organic food market. Additionally, the increasing spending capacities of individuals, especially on health and wellness items, and the increasing prevalence of many chronic diseases, such as cancer, diabetes, cardiovascular disease (CVD), etc. , further catalyze the growth of the market. Furthermore, the initiation of various supportive policies by government agencies across India to promote sustainable cultivation practices, including organic farming practices, among farmers and convenient availability of organic foods through social media platforms. e-commerce act as important growth factors. Moreover, public and private organizations also organize food festivals and exhibitions to provide aspiring organic food entrepreneurs with a platform to connect with customers as well as retailers, which enhances the growth of the market. Apart from this, the introduction of vegan and gluten-free snacks that can be safely consumed by people suffering from celiac disease are expected to fuel the Indian organic food market during the forecast period.
Competitive Analysis and Segmentation of the Indian Organic Food Market 2022-2027:
Competitive landscape with key players:
The competitive landscape of the Indian Organic Food Market has been studied in the report with the detailed profiles of the major players operating in the market.
Some of these key players 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
• Mehrotra Consumer Products Pvt.Ltd
• Morarka Organic Foods Pvt.Ltd
•Nature Pearls Pvt.Ltd
• Conscious Food Private Limited
• Feed Organic Foods Pvt Ltd
• EcoFarms (India) Ltd.
Key Market Segmentation:
The report has segmented by product type, distribution channel and region.
Breakdown of the market by type of product:
• Organic drinks
• Organic cereals and grains
• Organic meat, poultry and dairy products
• Organic spices and legumes
• Organic processed foods
• Organic fruits and vegetables
Market breakdown by distribution channel:
• Supermarkets and hypermarkets
• Convenience stores
Market Breakdown by Region:
• North India
• West and Central India
• South India
• Eastern India
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Main highlights of the report:
• Market performance (2016-2021)
• Market Outlook (2022-2027)
• Market trends
• Market drivers and success factors
• Impact of COVID-19
•Value chain analysis
• Complete mapping of the competitive landscape
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