Navi Mumbai, India, March 18, 2015 --(PR.com
)-- Market Reports on India presents the report on "India Organic Food Market Forecast & Opportunities, 2017." The concept of organic food is gaining widespread acceptability and the market is growing rapidly in countries like India and China.
The Indian economy is still quite reliant on agriculture and it contributes nearly 14% of the country’s gross domestic product and almost 60% of the population is dependent on agriculture. The trend of organic food that was initiated in the developed regions such as Europe and North America has expanded to developing countries like India and China. Europe and North America are the largest consumers of organic food, however, the organic food market in Asia is likely to account for the highest growth rate over the next five years. The concept of organic food is gaining widespread acceptability and the market is growing rapidly in countries like India and China. The growth in the organic food market of India can be attributed to the radically increasing awareness regarding organically grown products which is free from pesticides.
According to “India Organic Food Market Forecast & Opportunities, 2017,” Indian organic food market is anticipated to grow at a significant CAGR of around 19% during 2012-2017. In India, majority of the demand for organic foods is originating from Tier I cities such as Mumbai, Delhi, Chennai, Bangalore, Gurgaon and Pune. Companies are witnessing increase in sales as a result of increasing demand from metro cities and the entry of several new players in the organic food market offering an online channel for purchase. The major players in Indian organic food market are Conscious Foods, Sresta, Eco Farms, Organic India, Navdanya and Morarka Organic Foods. Organic food usually costs up to 20% to 30% more than conventional food items which is one of the major challenges in Indian market as majority of the consumers are quite price sensitive. However, at the same time increasing health consciousness and increasing disposable income among Indians is incessantly increasing the demand for organic food. “India Organic Food Market Forecast & Opportunities, 2017” elaborates following particulars:-
• Global Organic Food Market Size, Share & Forecast
• India Organic Food Market Size, Share & Forecast
• Changing Market Trends & Dynamics
• Policy & Regulatory Landscape
• Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report
• To gain an in-depth understanding of organic food market in India
• To identify the on-going trends and anticipated growth in the coming years
• To help industry consultants, organic food manufacturers and other stakeholders to align their market-centric strategies
• To obtain research based business decision and add weight to presentations and marketing materials
• To gain competitive knowledge of leading players
• To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with organic food manufacturers, channel partners, and consumers. Secondary research included an exhaustive search of relevant publications like newspapers, company annual reports and proprietary databases.
To read the complete report at: http://www.marketreportsonindia.com/consumer-goods-market-research-reports-1027/india-organic-food-market-forecast-opportunities-2017.html
Related Industry Reports: http://www.marketreportsonindia.com/market-research-report/consumer-goods.html
About Market Reports on India
Market Reports on India is a portal where you can access thousands of reports on India starting from Aeronautics to Zinc (A-Z). We provide you with reports which will help you gain a better understanding of the Sectors, Companies, New Products and Latest trends.
Market Reports on India
Contact No: India: +91 22 27810772, 27810773