Dublin, Oct. 18, 2013 (GLOBE NEWSWIRE) -- Research and Markets
(http://www.researchandmarkets.com/research/2mf2wr/organic_food)
has announced the addition of the "Organic
Food Market in India 2012-2016" report to their offering.
TechNavio's analysts forecast the Organic
Food market in India to grow at a CAGR of 21.34 percent over
the period 2012-2016. One of the key factors contributing to this
market growth is the increased number of health conscious
consumers. The market has also been witnessing an increased focus
on organic farming. However, the high cost of organic food could
pose a challenge to the growth of this market.
The key vendors dominating this market space include Conscious Food
Pvt. Ltd., Eco Farm Ltd., Morarka Organic Foods Pvt. Ltd., Organic
India Pvt. Ltd., and Sresta natural Bioproducts Pvt. Ltd.
Commenting on the report, an analyst from the 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.''
For more information visit http://www.researchandmarkets.com/research/2mf2wr/organic_food
About Research and Markets
Research and Markets is the world's leading source for
international market research reports and market data. We provide
you with the latest data on international and regional markets, key
industries, the top companies, new products and the latest
trends.
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector:
Organic