Organic Foods Market In India Growing At Over Twenty Percent
September 2nd, 2012 | Posted by in Organic Farming | Organic Food"The market for organic foods is growing at a compound annual growth rate (CAGR) of 20-22 per cent," Yes Bank's Country Head, Food and Agribusiness, Girish Aivalli told PTI. Yes Bank also released a report, 'Indian Organic Foods Market' at one-day conference, Jaivik India, on proliferation of organic and natural products in the Indian market. Europe contributed to the largest share of the organic foods market in 2010 with revenue of USD 27.8 billions, the report added. Government is promoting organic farming under National Project on Organic Farming ( NPOF), National Horticulture Mission (NHM) and Rashtriya Krishi Vikas Yojana (RKVY).
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