Global trend towards organic food
Organic food farming avoids the use of inorganic fertilizers, pesticides, and animal feed additives, as well as antibiotics or growth hormones for livestock.
Despite being a niche market, it is showing strong growth prospects. In India, its organic food market size is valued at US$ 849.5 million in 2020 and is projected to grow 20% annually between 2021 and 2026, to reach US$ 2,601 million.
Drivers of the strong growth in demand for organic food in India include strong economic growth, urbanization, and rising income levels. There is also a rising global demand for organic food from India. To promote and encourage organic farming, the Indian government has introduced several schemes with financial support.
How can the Indian government ramp up the global demand for its organic food?
For media enquiries, please contact:
Manager, Group Marketing Communications
Spire Research and Consulting
Phone: (65) 6838 5355