According to the latest report of the IMARC group, entitled “Organic Food Market in India: Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027“, the Indian organic food market is expected to grow at a CAGR of 25.25% during the period 2022-2027.
Organic food products refer to agricultural products and poultry products obtained by methods that comply with the various organic farming standards. These items are largely produced without the use of synthetic pesticides, herbicides, insecticides, fertilizers, preservatives, genetically modified organisms (GMOs) and growth hormones. This not only provides fresh, chemical-free produce to end users, but also reduces pollution, improves soil fertility and minimizes soil erosion. These practices use cycled resources which further contribute to promoting ecological balance.
We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
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Indian Organic Food Market Trends and Drivers:
The market in India is mainly driven by the growing awareness of the masses regarding the numerous health benefits offered by the consumption of organic foods. These products are rich in essential nutrients and antioxidants widely consumed to boost immunity.
Coupled with the rising health awareness among the masses, this is providing impetus for the growth of the market. Rapid urbanization, swelling levels of disposable income, and increasing consumer spending capabilities, especially on health and wellness products, are also acting as major growth drivers. The market is further boosted by the growing initiatives taken by the Indian government to promote organic farming practices among farmers.
The government assists farmers who adopt organic farming through many government programs including the National Food Security Mission (NFSM), the Mission for the Integrated Development of Horticulture (MIDH), the National Mission for Sustainable Agriculture (NMSA) and Rashtriya Krishi. Vikas Yojana (RKVY).
Several public and private organizations also organize food exhibitions and festivals with the aim of providing aspiring organic food entrepreneurs with a platform to connect with consumers as well as retailers, thereby creating many growth opportunities for new entrants. Substantial increase in foreign direct investment (FDI) in the food processing sector is another key factor contributing to the overall market growth.
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
- Mother Earth
- 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 the Indian organic food market on the basis of product type, distribution channel and region.
- Market breakdown by product type
- 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
- Specialty stores
- convenience stores
- On line
- 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
If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.
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