Market Forecast By Food Type (Fruit & Vegetables, Meat, Fish & Poultry, Dairy Products, Frozen & Processed Foods, Others), By Application (Commercial, Cosmetics & Personal Care, Households, Others) And Competitive Landscape
Product Code: ETC409220 | Publication Date: Oct 2022 | Updated Date: Nov 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | India Organic Food Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Growth Rate (CAGR) | 20% |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Food Type, By Application |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
India Organic Food Market report thoroughly covers the market by food type, and by application. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
India Organic food Market has attained major growth and the market is expected to rise significantly during the forecast period on the back of the nation’s growing interest in production and consumption of organic food on the back of the many health benefits organic food is giving to individuals.
According to 6Wresearch, the India Organic Food Market size is expected to rise at a CAGR of around 20% during the forecast period 2023-2029. The India Organic Food Market has been rising at a rapid pace and there are numerous growth factors that have been propelling the growth of this market in the nation. The country has seen a rising interest in production as well as consumption of organic food owing to numerous health benefits people are accomplishing from such foods. There is a high organic food market growth in India. People in the country are becoming more and more health conscious which enable them to include organic food in their regular diet in order to achieve better results. India is gradually becoming one of the major countries preferring organic food across the world. The sector is growing effectively, but there are some constraints that are constraining the sector growth which include insufficient knowledge regarding organic food among farmers in the country, and lack of access to industries and supply chains.
The COVID-19 pandemic significantly impacted the organic food sector in India. Initially, there was a growth in demand for organic products, due to the heightened focus on health and wellness. Consumers in the country were increasingly drawn to organic foods owing to their perceived advantages in boosting immunity as well as overall well-being and this led to a significant uptick in sales for organic food producers as well as retailers across the nation. However, the sector also faced many challenges. Supply chain disruptions, in the early stages of the pandemic majorly affected the availability of organic products. Lockdowns and restrictions on movement affected the transportation and distribution of organic produce. In addition, the closure of physical retail outlets and shift towards online shopping also led to alteration in consumer purchasing behaviour.
Some of the major players help in boosting the organic food market share in India are Organic India, Natureland Organics, 24 Mantra Organic, Conscious Food, Organic Tattva, Pure & Sure, Down to Earth, Sresta Natural Bioproducts, Phalada Agro, and Himalaya Organics.
National Programme for Organic Production is the government program which sets the standards for organic production. This programme is aligned with the international guidelines of the International Federation of Organic Agriculture Movements (IFOAM). Organic certification in the country carried out by many accredited certification bodies which are recognized by Agricultural and Processed Food Products Export Development Authority. The Food Safety and Standards Authority of India (FSSAI) sets many regulations for labelling as well as packaging of organic products and this growing focus on labelling and packaging is also a key reason behind the rising demand for organic food in India.
This market in the country was anticipated to continue its progression due to the rising health awareness, growing disposable incomes, as well as a rise in preference for natural and chemical-free products. Currently, the market is rising more at a faster pace on the back of the dominance of e-commerce. The e-commerce industry was estimated to play a significant role in the distribution of organic products. Online marketplaces were projected to offer a convenient platform for consumers to access a variety of organic foods. Public awareness regarding the benefits of organic food, both for personal health as well as the environment are continuing to grow.
According to Dhaval, Research Manager, 6Wresearch, on the basis of food type, fish and poultry segment currently dominates the market attributed to the growing consumer demand for pasture-raised eggs. Also, the organic fish sellers in the country offer natural, grass-fed, as well as hormone-free meats and poultry products which contain higher nutritional value as compared to regular meat available in the market.
The report offers a comprehensive study of the subsequent market segments: