Press release
India Organic Food Market Size To Grow At A CAGR Of 22% In The Forecast Period Of 2024-2032
India Organic Food Market OutlookAccording to a new report by Expert Market Research titled, "India Organic Food Market Size, Share, Analysis, Report and Forecast 2024-2032″, India organic food market reached a value of USD 1238 million in 2023. Aided growing incidences of food adulteration and e-commerce industry growth, the market is projected to further grow at a CAGR of 22% between 2024 and 2032 to reach a value of about USD 4082 million by 2032.
Organic food, distinctively grown without synthetic pesticides, chemical fertilisers, or genetically modified organisms, represents a nexus of health, ecology, and ethical consumption. These foods have become essential offerings in supermarket aisles, ranging from fruits, vegetables, dairy to packaged food products. Their appeal lies in their reduced chemical residue, superior nutritional content, and sustainable farming methods which have a minimal environmental footprint.
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The organic food market growth is largely attributable to the escalating global health awareness. As consumers become more educated about the detrimental effects of chemical additives and preservatives, there's a palpable shift towards cleaner, natural diets. Organic foods, with their promise of purity, are steadily becoming staples in many households.
Complementing this organic food market demand is the global advocacy for sustainable agricultural practices. Organic farming emphasises soil health, reduces water waste, and lowers carbon emissions, making it an eco-friendly alternative to conventional farming. As climate change becomes an ever-pressing concern, the adoption of sustainable agricultural practices is no longer a choice but a necessity, further bolstering the organic food market.
Furthermore, the organic food market trends also highlight increasing institutional support. Governments and agricultural bodies, recognising the dual benefits of health and sustainability, are offering incentives, certifications, and support to organic farmers. These measures not only validate the quality of organic products but also make them more accessible and affordable to the general public.
The organic food market analysis also underscores the role of technological advancements. Precision agriculture, employing drones and big data, is being tailored to suit organic farming, optimising yields and quality. Innovations in cold storage and transportation are ensuring that organic produce retains its freshness from farm to fork.
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Moreover, as veganism and plant-based diets gain momentum, organic plant-based alternatives are witnessing a surge in popularity. Organic soy, almond, and oat milks are replacing traditional dairy in many households, indicative of the evolving consumer palate and the expansive potential of the organic market.
India Organic Food Market Segmentation
The market can be divided based on product type, distribution channel, and region.
Market Breakup by Product Type
Organic Beverages
Organic Cereal and Food Grains
Organic Meat, Poultry and Dairy
Organic Spices and Pulses
Organic Processed Food
Organic Fruits and Vegetables
Others
Market Breakup by Distribution Channel
Supermarkets and Hypermarkets
Specialty Stores
Convenience Stores
Online
Others
Market Breakup by Region
North India
East and Central India
West India
South India
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the India organic food market. Some of the major players explored in the report by Expert Market Research are as follows:
Suminter India Organics Private Limited
Organic India Pvt. Ltd.
Sresta Natural Bioproducts Pvt. Ltd
Pro Nature Organic Foods Pvt Ltd
Nature Bio-Foods Limited
Avadata Organics
Nourish Organic Foods Pvt. Ltd.
Rattan Organic Foods Pvt. Ltd.
Phalada Pure & Sure
Mehrotra Consumer Products Pvt. Ltd.
Others
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