2012-12-31 10:29:31 - Organic Food Market in India is anticipated to grow at a CAGR 15% during 2011-2013, says RNCOS.
India has emerged as one of the world’s largest markets for organic food consumption as the country’s government is taking various initiatives to promote the industry. For that, it is encouraging farmers to develop excessive organic agriculture lands and cultivate premium-priced and health-oriented crops in the country. Besides, the government has issued various schemes, such as: National Project on Organic Farming, National Horticulture Mission and Technology Mission for North East, and Rashtriya Krishi Vikas Yojana to support the industry. Apart from all these initiatives, the government has also partially relaxed restrictions on exports of few products produced without using chemical fertilizer and pesticides to promote organic farming.
As per our research, the country’s nascent organic food market is transforming into world’s
fastest growing organic food market with a shift of consumer behavior and spending patterns. And, the National Program for Organic Production has raised the profile of organic products, and they are becoming highly popular among the mainstream retailers. Indians are purchasing organic food as these are considered healthier and more natural. Besides, high cost modern farming and rising input costs have made organic farming a necessity in many regions. Taking into consideration all these factors, the organic food market in India is estimated to grow at a CAGR of around 15% during 2011-2013.
Our report, “Indian Organic Food Market Analysis”, includes an in-depth research and rational analysis of the organic food market potentials in India. It provides information on emerging trends, drivers, and regulatory initiatives, which are collectively elevating the outlook for the industry in the country. An insight into organic export market and consumer behavior analysis have been presented in the study, which further includes industrial roadblocks, and elaborates the profiles of the prominent industry players in order to provide a balanced research outlook of the market. The comprehensive research aims at presenting a complete and coherent analysis of the Indian Organic food industry to clients.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM365.htm
Some of our Related Reports are:
- US Organic Food Market Analysis (http://www.rncos.com/Report/IM283.htm)
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- US Wine Market Outlook 2014 (http://www.rncos.com/Report/IM334.htm)
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Check Related REPORTS on: http://www.rncos.com/Food&Beverages.htm
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.