India Organic Product Market is Dominated by West Region During the Forecast Period
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.
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.
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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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