India Organic Food Market:
Growth Opportunities in the India Organic Food Market look promising over the next six years. This is mainly due to the increasing awareness among consumers related to the harmful effects of pesticide residues on their health and raised availability of a large range of products that include meat products, fruits & vegetables, and dairy products.
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India Organic Food Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The increasing awareness among consumers related to the harmful effects of pesticide residues on their health is a prominent factor propelling the growth of the India organic food market size. There is a drastic chance in the lifestyle of individuals in India owing to the rising disposable incomes of consumers. The raised availability of a large range of products, such as meat products, fruits & vegetables, and dairy products, is surging the growth of the market in India. Furthermore, the government of India is taking various initiatives, including Paramparagat Krishi Vikas Yojana (PKVY) and National Food Security Mission (NFSM), towards setting regulations and standards to encourage organic food products. These initiatives are accelerating the growth of the organic food market in India. The strong demand for chemical and pesticide-free, eco-friendly, and healthier food products. All these factors provided by organic food products are fuelling the market growth. On the other hand, the factors hindering the growth of the organic food market in India include the low shelf life of organic food products and increased costs.
Product Type Segment Drivers
Based on the product type, organic fruits & vegetables is projected to rise at a faster CAGR during the forecast period due to the increasing concerns regarding health among the population, which is bolstering the demand for organic vegetables and fruits, which are chemical and fertilizers free. All these factors are energizing the market growth.
Distribution Channel Segment Drivers
Based on the distribution channel, the market is segmented into specialty stores, supermarkets/hypermarkets, online, and others. The supermarkets/hypermarkets is predicted to rise at a higher CAGR during the forecast period due to the availability of various types of products with attractive discounts. It allows consumers to select the product of their preference from a large range of products. These factors are driving the growth of the organic food market in India.
India Organic Food Market Segmentation:
Segmentation by Product Type:
- Organic Meat & Poultry
- Organic Dairy
- Organic Fruits & Vegetables
- Organic Spices & Pulses
- Organic Processed Food
- Organic Cereal & Food Grains
- Other Food Types
Segmentation by Distribution Channel:
- Supermarkets/Hypermarkets
- Speciality Stores
- Online
- Others
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