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The Indian exotic vegetables market is expected to grow at a CAGR of 16.30% in the forecast period of 2023-2028.
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The exotic vegetables industry in India is being aided by the growing demand for exotic produce, which is growing by 15% to 20% per annum. The country is the second-largest producer of fruits and vegetables, followed by China and is also a significant consumer market for the same. Vegetables account for over half of the total market share of the Indian fruits and vegetable market. Although the industry is highly fragmented and unorganised, the agricultural farms are leveraging the growing demand for the exotic vegetables in the food services sector by coming up with the produce grown, especially for premium eateries in Goa, Pune, Gurgaon, and Mumbai, among other reasons. India exports nearly 5,000 million tons of fruits and vegetables produce to Italy per year. The country mainly exports onions and green peas to the countries of the Middle East, such as the United Arab Emirates, Saudi, Qatar, and other countries such as the United Kingdom and the United States of America.
The exotic vegetables are those vegetables that are cultivated in a land not native to the vegetable. For instance, broccoli, parsley, and cherry tomato, among others, are not native to India, but their seeds are imported, and they are grown in the country under favourable climate and weather conditions, despite it being non-domestic.
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Based on variety, the Indian exotic vegetables industry is divided into:
The industry is bifurcated based on sector into:
Based on the distribution channel, the market is divided into:
The regional markets for exotic vegetables in India include North India, East and Central India, West India, and South India.
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The Indian exotic vegetable market is driven by the rapidly growing economy. India is also the largest producer of several agricultural commodities, which is aiding the market growth. The government is proactive in forming and executing several policies to strengthen the market growth. The rising increase in the exotic vegetable demand has attracted corporate houses to boost their investments in the industry. The country also offers incentives that are in favour of the investor, such as favourable policies for foreign direct investment in trading, including through e-commerce, for food products produced or manufactured in India.
The improving infrastructure is also aiding the industry growth in India. The rapidly increasing international trade in fruits and vegetables is invigorating the market growth of exotic vegetables in India. The industry is also aided by the shifting trend to fresh organic produce. The vast production base in India has also offered great opportunities for export. The country is home to a highly skilled workforce pool, which helps in providing a considerable produce to the masses. In the coming years, the industry is expected to be supported by the growing number of farms specialising in producing exotic vegetables. The growing demand from the rapidly rising foodservice sector in India is projected to propel the industry growth further. The growth of e-retail platforms selling exotic vegetables will also support the industry growth in the forecast period.
The report gives a detailed analysis of the following key players in the Indian exotic vegetables market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The report by EMR covers the macro and micro aspects of the industry. The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model, along with giving a SWOT analysis. It also provides a detailed analysis of the price trends and global trade data. The report gives an overview of the global market as well.
REPORT FEATURES | DETAILS |
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Variety |
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Breakup by Sector |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Exotic Vegetables Market Overview
8.1 Key Industry Highlights
8.2 Global Exotic Vegetables Historical Market (2018-2022)
8.3 Global Exotic Vegetables Market Forecast (2023-2028)
8.4 Global Exotic Vegetables Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 India Exotic Vegetables Market Overview
9.1 Key Industry Highlights
9.2 India Exotic Vegetables Historical Market (2018-2022)
9.3 India Exotic Vegetables Market Forecast (2023-2028)
10 India Exotic Vegetables Market by Variety
10.1 Mushrooms-Button
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Sweet Corn
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 Baby Potatoes
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Cherry Tomatoes
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Broccoli
10.5.1 Market Share
10.5.2 Historical Trend (2018-2022)
10.5.3 Forecast Trend (2023-2028)
10.6 Coloured Capsicum
10.6.1 Market Share
10.6.2 Historical Trend (2018-2022)
10.6.3 Forecast Trend (2023-2028)
10.7 Zucchini
10.7.1 Market Share
10.7.2 Historical Trend (2018-2022)
10.7.3 Forecast Trend (2023-2028)
10.8 Lettuce
10.8.1 Market Share
10.8.2 Historical Trend (2018-2022)
10.8.3 Forecast Trend (2023-2028)
10.9 Purple Cabbage
10.9.1 Market Share
10.9.2 Historical Trend (2018-2022)
10.9.3 Forecast Trend (2023-2028)
10.10 Others
11 India Exotic Vegetables Market by Sector
11.1 Organised Sector
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Unorganised Sector
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
12 India Exotic Vegetables Market by Distribution Channel
12.1 Unorganised Retail
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Supermarkets and Hypermarkets
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Online
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 India Exotic Vegetables Market by Region
13.1 North India
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 East and Central India
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 West India
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South India
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Shreenath Agro Tech Pvt Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Green Earth Fresh Produce (P) Ltd.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Lawrencedale Agro Processing India Pvt Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Nisarg Nirman Agro Products Pvt. Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Jaywant Green Bliss Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Yesraj Agro Exports Pvt. Ltd
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Organic India
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Kisankonnect Safe Food Private Limited
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Namdhari’s Group
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Exotic Vegetables Market: Key Industry Highlights, 2018 and 2028
2. India Exotic Vegetables Market: Key Industry Highlights, 2018 and 2028
3. India Exotic Vegetables Historical Market: Breakup by Variety (USD Million), 2018-2022
4. India Exotic Vegetables Market Forecast: Breakup by Variety (USD Million), 2023-2028
5. India Exotic Vegetables Historical Market: Breakup by Sector (USD Million), 2018-2022
6. India Exotic Vegetables Market Forecast: Breakup by Sector (USD Million), 2023-2028
7. India Exotic Vegetables Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
8. India Exotic Vegetables Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
9. India Exotic Vegetables Historical Market: Breakup by Region (USD Million), 2018-2022
10. India Exotic Vegetables Market Forecast: Breakup by Region (USD Million), 2023-2028
11. India Exotic Vegetables Market Structure
The Indian exotic vegetables market is expected to grow at a CAGR of 16.30% in the forecast period of 2023-2028.
The Indian fruits and vegetables market to reach a volume of almost 432 million metric tons and is expected to aid the growth of the exotic vegetables market in India.
The major drivers of the market include a rapidly growing economy, favourable government initiatives, and increasing demand for exotic vegetables in India.
The key trends guiding the market are the growing number of farms specialising in producing exotic vegetables, the increasing international trade in fruits and vegetables, and the rising demand for exotic vegetables from the foodservice sector.
The major exotic vegetables producing states considered in the market report include West Bengal, Uttar Pradesh, Bihar, Madhya Pradesh, and Gujarat, among others.
The major varieties of exotic vegetables in the industry are mushrooms-button, sweet corn, baby potatoes, cherry tomatoes, broccoli, coloured capsicum, zucchini, lettuce, and purple cabbage, among others.
The significant sectors of exotic vegetables are organised sector and unorganised sector.
The major distribution channels of exotic vegetables in the market are unorganised retail, supermarkets and hypermarkets, and online, among others.
The major players in the industry are Shreenath Agro Tech Pvt Ltd., Green Earth Fresh Produce (P) Ltd., Lawrencedale Agro Processing India Pvt Ltd., Nisarg Nirman Agro Products Pvt. Ltd., Jaywant Green Bliss Corporation, Yesraj Agro Exports Pvt. Ltd, Organic India, Kisankonnect Safe Food Private Limited, and Namdhari’s Group, among others.
The Indian exotic vegetables market is projected to grow at a CAGR of 16.30% in the forecast period of 2023-2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. Based on its varieties, the Indian exotic vegetables market can be segmented into mushrooms-button, sweet corn, baby potatoes, cherry tomatoes, broccoli, coloured capsicum, zucchini, lettuce, and purple cabbage, among others. On the basis of sectors, the market is bifurcated into organised and unorganised sector. By distribution channel, the market is divided into unorganised retail, supermarkets and hypermarkets, and online, among others. The major regional markets for Indian exotic vegetables are North India, East and Central India, West India, and South India. The key players in the above market include Shreenath Agro Tech Pvt Ltd., Green Earth Fresh Produce (P) Ltd., Lawrencedale Agro Processing India Pvt Ltd., Nisarg Nirman Agro Products Pvt. Ltd., Jaywant Green Bliss Corporation, Yesraj Agro Exports Pvt. Ltd, Organic India, Kisankonnect Safe Food Private Limited, and Namdhari’s Group, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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