SHERIDAN, WY, United States, December 20, 2021 /EINPresswire.com/ – According to the latest IMARC Group report, entitled “Organic food market in India: Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026 ”, the Indian organic food market reached a value of US $ 815 million in 2020. Looking ahead, IMARC Group is looking forward to seeing it. expects the market to grow at a CAGR of around 24% in 2021-2026.
As the novel coronavirus (COVID-19) crisis sweeps the world, we are continuously monitoring changes in markets, as well as consumer buying behaviors around the world – our estimates on the latest market trends and values. forecasts after examining the impact of this pandemic. These observations will be incorporated into the report.
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Organic food products refer to agricultural and poultry products obtained using methods that comply with the various standards of organic farming. 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 helps deliver fresh, chemical-free products 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.
Market trends and drivers:
The Indian organic food market is primarily driven by the growing awareness among the masses of the many health benefits offered by consuming organic food. These products are rich in essential nutrients and antioxidants which are widely consumed to boost immunity. Coupled with the growing awareness of health care among the masses, this gives impetus for the growth of the market. Rapid urbanization, inflating disposable income and increasing consumer spending capacity, especially on health and wellness products, are also major growth factors.
The market is further fueled by the growing initiatives undertaken by the Indian government to promote organic farming practices among farmers. The government provides support to farmers who adopt organic farming through many government programs, including the National Mission for Food Security (NFSM), the Mission for Integrated Horticulture Development (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 budding organic food entrepreneurs with a platform to connect with consumers as well as retailers, thus creating plenty of growth opportunities for newcomers. incoming. Another key factor contributing to the overall growth of the market is the substantial increase in foreign direct investment (FDI) in the food processing sector.
Competitive Analysis and Segmentation of India Organic Food Market 2021-2026:
Competitive landscape with key players:
The competitive landscape of the Indian organic food market has been studied in the report along with the detailed profiles of the major players operating in the market.
Some of these key players include:
EcoFarms (India) Ltd.
Conscious Food Private Limited
Pearls of Nature Pvt. Ltd.
Organic India Private Limited
Mehrotra Consumer Products Pvt. Ltd.
Feed Organic Foods Pvt Ltd
Phalada Agro Research Foundations Pvt. Ltd.
Sresta Natural Bioproducts Pvt. Ltd.
Nature Bio-Food Limited
Suminter India Organics Private Limited
Key market segmentation:
The report has segmented the Indian organic food market on the basis of product types, distribution channel and region.
Market breakdown by type of product:
Cereals and organic food grains
Meats, poultry and Dairy
Organic spices and pulses
Organic processed foods
Organic fruits and vegetables
Market breakdown by distribution channel:
Supermarkets and hypermarkets
Market breakdown by region
West and Central India
Ask the analyst for customization and explore the full report with table of contents and list of figures: https://www.imarcgroup.com/indian-organic-food-market
Highlights of the report:
Market performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market drivers and success factors
The impact of COVID-19 on the market
Value chain analysis
Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as part of the customization.
Browse the associated report:
Food Supplements Market in India: https://www.imarcgroup.com/india-dietary-supplements-market
Chocolate market in India: https://www.imarcgroup.com/india-chocolate-market
Indian Food Processing Market: https://www.imarcgroup.com/indian-food-processing-market
Extra neutral alcohol (ENA) market in India: https://www.imarcgroup.com/extra-neutral-alcohol-market-india
Ghee market in India: https://www.imarcgroup.com/ghee-market-india
Indian Vegan Food Market: https://www.imarcgroup.com/india-vegan-food-market
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