World organic foods market & export potentials of Indian exporters
Summary :
Table of Contents
- Executive summary
- Overview
- What is organic food?
- Why we should be interested in it?
- World economy overview
- Organic food market - trends, future projections & major players
- Major markets
- Europe
- US and North American markets
- Japanese market
- Certification requirements
- Current position of Indian exporters in organic exports market
- What is going wrong?
- Problems of the organic foods exporters
- Potential markets for exporters from developing countries
- WTO and related issues, which may affect the trade
- Conclusions
- Annexures
Abstract
The world economy is showing signs of a stable growth. The trading pattern is going through a sea change as the dominance of US economy over the world is reducing. The world is divided into 3 major trading compartments like, US & allied countries, EU, & Asia. India's performance in international trade is minimal with 0.67% of world trade value but slowly getting the momentum. Major sectors in India's exports are Gems & Jewelry, Garments & Textile, Agro- commodities & Manufacturing Goods. Agricultural commodities constitutes 13-18% of indian exports figures. India is world famous for commodities like, Tea, Basmati Rice, Spices & Fresh or Processed Fruits. organic food is the end result of a cultivation process or further processing of fruits or grains in which no chemical, no pesticides and no artificial growth drivers are used. This is a scientific process that includes the certification for organic status of farm, documentation of farming process & use of only permitted bio-fertilizers. The common perception about organic food is "SAFE, NATURAL & HYGIENIC".
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