TechNavio recognizes the following companies as the key players in the Organic Food Market in India: Organic India Pvt. Ltd., Conscious Food Pvt. Ltd., Morarka Organic Foods Pvt. Ltd., and Sresta Natural Bioproducts Pvt. Ltd.
Commenting on the report, an analyst from TechNavio’s team said: ”Organic farming is the production of crops without the use of chemical fertilizers and synthetic pesticides. Organic farming provides long-term benefits to the environment and consumers. The market is witnessing the increasing adoption of organic farming because of the increasing demand for organic food products. In India, agriculture plays a vital role in the national economy; the government of India is offering strong support and promoting organic farming as it will increase the contribution of the Agricultural sector to the GDP of the country. The government is also promoting organic farming for its positive impact on the biodiversity and effective soil management, which could go a long way in mitigating and even reversing the effects of climate change, as also minimizing carbon emissions. Thus, the adoption of organic farming is a positive trend that could increase the contribution of the Agriculture sector to the GDP of the country during the forecast period.”
According to the report, in recent years, the market has witnessed an increase in health concerns among consumers globally. There has been a growing awareness among Indian consumers about the importance of nutrition, health, and quality of food they eat, thereby resulting in an increasing adoption of organic food. Consumers are attaching more significance to healthy diet than physical activities. Therefore, the increasing health-conscious population in India is driving the growth of the Organic Food market during the forecast period.
Further, the report states that one of the major challenges in this market is the higher cost of organic food products than conventional food products. The high cost of organic foods will restrict the purchasing of these products to the affluent class of consumers. As a result, organic food is not affordable by a majority of consumers, which could reduce the profitability of the market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are EcoFarms (India) Ltd., Fabindia Overseas Pvt. Ltd., Navdanya, Phalada Agro Research Foundation Pvt. Ltd., Pro Organic Farmacy, and Poabs Organic Estates.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/organic-food-market-india-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/others
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report-Organic Food Market in India 2012-2016
