Rising Organic Food Market Helping Lakhs of Farmers Go Global and Reap Rich Benefits

The rising health awareness among people has made the Indian organic food market placed among the fastest-growing markets globally. India organic food market stood at a value of 1238 million dollar in 2022 and is expected to grow at about 22% in the forecast period of 2022 and 2028 to reach a value of about 4082 million dollar by 2028.

April 1, 2023 | Source: NewsOnAIR | by Umanath Singh

The rising health awareness among people has made the Indian organic food market placed among the fastest-growing markets globally. The global organic market is currently worth approximately ten lakh crores. While, The India organic food market stood at a value of 1238 million dollar in 2022 and is expected to grow at about 22% in the forecast period of 2022 and 2028 to reach a value of about 4082 million dollar by 2028.

16 lakh farmers engaged in this sector

Though in a nascent stage, India currently exports organic food products worth around 7,000 crores with about 16 lakh farmers being engaged in this sector. The Ministry of Cooperation under Amit Shah, is very ambitious about the sector. The government is convinced that the farmers can directly benefit from an increasing share of the country in the world organic market. For this purpose, the National Level Multi-State Cooperative Organic Society has also been established.