Released on = April 27, 2006, 4:57 am

Press Release Author = RNCOS

Industry = Food & Beverage

Press Release Summary = RNCOS Research:
(http://www.marketsmonitor.com/category/FB15.html) Although an average Indian spends
half of his income on food consumption yet the retail presence of organic foods is
very low in the domestic market. They are mostly exported to earn foreign exchange.

Press Release Body = RNCOS Research:
(http://www.marketsmonitor.com/category/FB15.html) In a retail store of organic
foods Suman, an Indian housewife takes about half an hour to ask and search the
shelves containing different items of organic food. This is so as the organic
section is unmarked and the foodstuffs on display are hardly beyond cereals and
pulses. Moreover the section has only two brands of the products, both not
certified.

The above mentioned example makes it clear that there is insufficient retail
presence in Indian domestic market for organic produce, local or unbranded produce,
unmatched price labels, an incomplete variation of item and government policies
inclined towards export.

The Indian government's primary attention on organic foods has always been weighted
toward the global market, leaving the greater mass of home consumers in want.
Currently organic agricultural items being produced in India are exported by about
66%. The findings of the Ministry of agriculture in India points that the global
market of organic foods is $25 billion and is expected to increase four fold to $100
billion by 2020.

In a market research report on food processing industry named "Food Processing
Market in India (2005)" presented by RNCOS, the analysts show that an average Indian
uses nearly half of his income on food items. This indicates the great importance of
the food-processing sector in the country.

According to the report the value of food processing industry accounts to be $1.75
billion, which is expected to reach $3.5 billion. The report also says that the food
habits have been changing towards more value-added products.

The market research report includes in its different chapters coverage of the
different business divisions within the industry accompanied by statistics, trends,
and legal issues and regulations that govern it.

The report "Food Processing Market in India (2005)" views that both processed food
exports and value-added agricultural produce will grow faster in the future enabling
food-processing industry in India to earn large amounts of profits over the ensuing
five years.

Finally the report covers the profile of key companies in the food processing sector
that includes brief profile, recent financial figures, key management profiles, and
companies' strategic moves/ press coverage for the overall market estimation and its
trends.

About RNCOS:
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business needs and aims to put an end to your information pursuit. Our expertise in
gathering global business information for industry research, corporate training,
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research information and niche market analysis.

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