Organic Foods The Key To A Whole Some Life
According to Expert Market Research report, the Indian organic food market stood at a value of $849.5 million in 2020. For the forecast period of 2021-26, the trend in the organic food market is expected to grow at a compound annual growth rate(CAGR)of about 20.5 percent to reach about $2601 million by 2026. Covid-19 pandemic has accelerated the growth and demand for organic food, as people became more concerned about their health and saw it as a preventive health measure. In fact, this trend was reported all over the globe. There has been a growth in the organic food & beverage market globally, particularly fruits and vegetables.
The rich nutrition value in organic fruits and vegetables is the main reason for their popularity. As people got more educated and became aware of the problems of malnutrition and about the root causes of many diseases, including the bad effects of many pesticides that are banned but still being used illegally, the demand for organ-ic food heightened in the market. Digital literacy has played a major role in increasing the health consciousness of the people. Organic foods also seems to taste better and contain rich amounts of vitamins, minerals, fibre, carbohydrates and calcium. Moreover, their rich content of antioxidants is beneficial for health, including prevention of cancer. The strong government funding is also catalyzing the market for organic food in India. Various government schemes such as the Mission for Integrated Horticulture Development (MIDH), National Food Security Mission(NFSM), NMSA, and Rashtriya Krishi Vikas Yojana (RKVY) are implemented to support organic farmers.
Understanding the ample opportunities in this sector, this issue of siliconindia magazine brings you a list of `10 Most Promising Organic FoodCompanies 2021'. These companies were selected after a comprehensive examination by industry CEOs, VCs, CXOs, veterans and siliconindia editorial team. We truly expect these organizations to meet your needs and assure you that the list is prepared as we recognize the valuable contributions of these businesses in the ever expanding and competitive market.
The rich nutrition value in organic fruits and vegetables is the main reason for their popularity. As people got more educated and became aware of the problems of malnutrition and about the root causes of many diseases, including the bad effects of many pesticides that are banned but still being used illegally, the demand for organ-ic food heightened in the market. Digital literacy has played a major role in increasing the health consciousness of the people. Organic foods also seems to taste better and contain rich amounts of vitamins, minerals, fibre, carbohydrates and calcium. Moreover, their rich content of antioxidants is beneficial for health, including prevention of cancer. The strong government funding is also catalyzing the market for organic food in India. Various government schemes such as the Mission for Integrated Horticulture Development (MIDH), National Food Security Mission(NFSM), NMSA, and Rashtriya Krishi Vikas Yojana (RKVY) are implemented to support organic farmers.
Understanding the ample opportunities in this sector, this issue of siliconindia magazine brings you a list of `10 Most Promising Organic FoodCompanies 2021'. These companies were selected after a comprehensive examination by industry CEOs, VCs, CXOs, veterans and siliconindia editorial team. We truly expect these organizations to meet your needs and assure you that the list is prepared as we recognize the valuable contributions of these businesses in the ever expanding and competitive market.
