The market for organic food products in India is growing at 20 to 22% per year.
Mr. Girish Aivalli, Country Head - Food and Agribusiness, Yes Bank said, “The market for organic foods is growing at a CAGR of 20 to 22%”.
With rising spending power of the growing middle class in India and increased awareness towards chemical free food, organic & natural products sector will grow significantly in the coming years.
The private sector Yes Bank also released a report, 'Indian Organic Foods Market'.
PTI
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