As per industry reports, India organic food market, which currently sized at 6000 crores is anticipated to grow at a CAGR of over 25% during 2016-2021.
The last couple of years have seen a massive growth of demand in the organic food industry, especially in the urban and fast-growing markets of India. The organic food industry in India which is currently in its initial stages of evolution is growing at a rapid rate of 25% - 30% Y-o-Y. High disposable income and increased health awareness are the key factors which have resulted in this augmented demand.
With this scenario the domestic organic food market is projected to touch $1.36 billion mark by 2020.