News of Organic Industry

Development of the India Organic Food Market until 2020


According to recently published TechSci Research report entitled "India Organic Food Market Forecast & Opportunities, 2020", the organic food market in India is projected to register growth at a CAGR of over 25% from now until 2020. The main factor for the increasing demand of organic food products in India is the growing health consciousness. Other factors driving growth in the market include higher income levels, improving living standard, and favorable government initiatives aimed at improving the current scenario of organic farming in the country by providing financial and technical support to organic farmers.
 

This report has evaluated the future growth potential of India organic food market, and provides statistics and information on market structure, size, share and future growth. Moreover, increasing popularity of organic products has significantly expanded the availability of organic food in retail stores over the last few years. With organic food becoming easily accessible, the market is expected to witness remarkable growth over the forecast period. Also as demand for organic food products rises, increase in production and economies of scale would result in reduced cost of production.
 

TechSci Research is a global market research and consulting company with offices in Canada, UK and India. It provides market research consulting services in six verticals. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in India organic food market.

Website resource:
http://www.techsciresearch.com/3651
 


Tags:   India , organic market , 2020 

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