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Indian Exotic Vegetables Market: By Variety: Mushrooms-Button, Sweet Corn, Baby Potatoes, Cherry Tomatoes, Broccoli, Coloured Capsicum, Zucchini, Lettuce, Purple Cabbage; By Sector; By Distribution Channel; By Producing States; By Consuming States; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape
Indian Exotic Vegetables Market Outlook
The Indian exotic vegetables market is expected to grow at a CAGR of 16.3% 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.
Exotic Vegetables: Market Segmentation
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:
- Mushrooms-Button
- Sweet Corn
- Baby Potatoes
- Cherry Tomatoes
- Broccoli
- Coloured Capsicum
- Zucchini
- Lettuce
- Purple Cabbage
- Others
The industry is bifurcated based on sector into:
- Organised Sector
- Unorganised Sector
Based on the distribution channel, the industry is divided into:
- Unorganised Retail
- Supermarket/Hypermarket
- Online
- Exports
- Others
The industry is divided based on the leading vegetable producing states in India into:
- West Bengal
- Uttar Pradesh
- Bihar
- Madhya Pradesh
- Gujarat
- Others
On the basis of the leading vegetable consuming states in the country, the industry is divided into:
- Uttar Pradesh
- Maharashtra
- Bihar
- Madhya Pradesh
- West Bengal
- Others
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Market Analysis
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.
Key Industry Players in the Indian Exotic Vegetables Market
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:
- Shreenath Agro Tech Pvt Ltd.
- Nisarg Nirman Agro Products Pvt. Ltd.
- S. P. Vegetables
- Lawrencedale Agro Processing India Pvt Ltd.
- Green Earth Fresh Produce (P) Ltd.
- Others
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- Variety, Sector, Distribution Channel, Producing States, Consuming States |
| Breakup by Variety | Mushrooms-Button, Sweet Corn, Baby Potatoes, Cherry Tomatoes, Broccoli, Coloured Capsicum, Zucchini, Lettuce, Purple Cabbage, Others |
| Breakup by Sector | Organised Sector, Unorganised Sector |
| Breakup by Distribution Channel | Unorganised Retail, Supermarket/Hypermarket, Online, Exports, Others |
| Breakup by Producing States | West Bengal, Uttar Pradesh, Bihar, Madhya Pradesh, Gujarat, Others |
| Breakup by Consuming States | Uttar Pradesh, Maharashtra, Bihar, Madhya Pradesh, West Bengal, Others |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Shreenath Agro Tech Pvt Ltd., Nisarg Nirman Agro Products Pvt. Ltd., S. P. Vegetables, Lawrencedale Agro Processing India Pvt Ltd., Green Earth Fresh Produce (P) Ltd., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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 Snapshot
6.1 India
7 Industry Opportunities and Challenges
8 Global Exotic Vegetables Market
8.1 Global Exotic Vegetables Historical Market (2018-2022)
8.2 Global Exotic Vegetables Market Forecast (2023-2028)
9 Indian Exotic Vegetables Market Analysis
9.1 Key Industry Highlights
9.2 Indian Exotic Vegetables Historical Market (2018-2022)
9.3 Indian Exotic Vegetables Market Forecast (2023-2028)
9.4 Indian Exotic Vegetables Market by Variety
9.4.1 Mushrooms-Button
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 Sweet Corn
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
9.4.3 Baby Potatoes
9.4.3.1 Market Share
9.4.3.2 Historical Trend (2018-2022)
9.4.3.3 Forecast Trend (2023-2028)
9.4.4 Cherry Tomatoes
9.4.4.1 Market Share
9.4.4.2 Historical Trend (2018-2022)
9.4.4.3 Forecast Trend (2023-2028)
9.4.5 Broccoli
9.4.5.1 Market Share
9.4.5.2 Historical Trend (2018-2022)
9.4.5.3 Forecast Trend (2023-2028)
9.4.6 Coloured Capsicum
9.4.6.1 Market Share
9.4.6.2 Historical Trend (2018-2022)
9.4.6.3 Forecast Trend (2023-2028)
9.4.7 Zucchini
9.4.7.1 Market Share
9.4.7.2 Historical Trend (2018-2022)
9.4.7.3 Forecast Trend (2023-2028)
9.4.8 Lettuce
9.4.8.1 Market Share
9.4.8.2 Historical Trend (2018-2022)
9.4.8.3 Forecast Trend (2023-2028)
9.4.9 Purple Cabbage
9.4.9.1 Market Share
9.4.9.2 Historical Trend (2018-2022)
9.4.9.3 Forecast Trend (2023-2028)
9.4.10 Others
9.5 Indian Exotic Vegetables Market by Sector
9.5.1 Organised Sector
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2022)
9.5.1.3 Forecast Trend (2023-2028)
9.5.2 Unorganised Sector
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2022)
9.5.2.3 Forecast Trend (2023-2028)
9.6 Indian Exotic Vegetables Market by Distribution Channel
9.6.1 Unorganised Retail
9.6.1.1 Market Share
9.6.1.2 Historical Trend (2018-2022)
9.6.1.3 Forecast Trend (2023-2028)
9.6.2 Supermarket/Hypermarket
9.6.2.1 Market Share
9.6.2.2 Historical Trend (2018-2022)
9.6.2.3 Forecast Trend (2023-2028)
9.6.3 Online
9.6.3.1 Market Share
9.6.3.2 Historical Trend (2018-2022)
9.6.3.3 Forecast Trend (2023-2028)
9.6.4 Exports
9.6.4.1 Market Share
9.6.4.2 Historical Trend (2018-2022)
9.6.4.3 Forecast Trend (2023-2028)
9.6.5 Others
9.7 Indian Exotic Vegetables Market by Producing States
9.7.1 West Bengal
9.7.1.1 Market Share
9.7.1.2 Historical Trend (2018-2022)
9.7.1.3 Forecast Trend (2023-2028)
9.7.2 Uttar Pradesh
9.7.2.1 Market Share
9.7.2.2 Historical Trend (2018-2022)
9.7.2.3 Forecast Trend (2023-2028)
9.7.3 Bihar
9.7.3.1 Market Share
9.7.3.2 Historical Trend (2018-2022)
9.7.3.3 Forecast Trend (2023-2028)
9.7.4 Madhya Pradesh
9.7.4.1 Market Share
9.7.4.2 Historical Trend (2018-2022)
9.7.4.3 Forecast Trend (2023-2028)
9.7.5 Gujarat
9.7.5.1 Market Share
9.7.5.2 Historical Trend (2018-2022)
9.7.5.3 Forecast Trend (2023-2028)
9.7.6 Others
9.8 Indian Exotic Vegetables Market by Consuming States
9.8.1 West Bengal
9.8.1.1 Market Share
9.8.1.2 Historical Trend (2018-2022)
9.8.1.3 Forecast Trend (2023-2028)
9.8.2 Uttar Pradesh
9.8.2.1 Market Share
9.8.2.2 Historical Trend (2018-2022)
9.8.2.3 Forecast Trend (2023-2028)
9.8.3 Bihar
9.8.3.1 Market Share
9.8.3.2 Historical Trend (2018-2022)
9.8.3.3 Forecast Trend (2023-2028)
9.8.4 Madhya Pradesh
9.8.4.1 Market Share
9.8.4.2 Historical Trend (2018-2022)
9.8.4.3 Forecast Trend (2023-2028)
9.8.5 Maharashtra
9.8.5.1 Market Share
9.8.5.2 Historical Trend (2018-2022)
9.8.5.3 Forecast Trend (2023-2028)
9.8.6 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Shreenath Agro Tech Pvt Ltd.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Nisarg Nirman Agro Products Pvt. Ltd.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 S. P. Vegetables
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Lawrencedale Agro Processing India Pvt Ltd.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Green Earth Fresh Produce (P) Ltd.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Indian Exotic Vegetables Market: Key Industry Highlights, 2017 and 2027
2. Indian Exotic Vegetables Historical Market: Breakup by Variety (Million Metric Tons), 2018-2022
3. Indian Exotic Vegetables Market Forecast: Breakup by Variety (Million Metric Tons), 2023-2028
4. Indian Exotic Vegetables Historical Market: Breakup by Sector (Million Metric Tons), 2018-2022
5. Indian Exotic Vegetables Market Forecast: Breakup by Sector (Million Metric Tons), 2023-2028
6. Indian Exotic Vegetables Historical Market: Breakup by Distribution Channel (Million Metric Tons), 2018-2022
7. Indian Exotic Vegetables Market Forecast: Breakup by Distribution Channel (Million Metric Tons), 2023-2028
8. Indian Exotic Vegetables Historical Market: Breakup by Producing States (Million Metric Tons), 2018-2022
9. Indian Exotic Vegetables Market Forecast: Breakup by Producing States (Million Metric Tons), 2023-2028
10. Indian Exotic Vegetables Historical Market: Breakup by Consuming States (Million Metric Tons), 2018-2022
11. Indian Exotic Vegetables Market Forecast: Breakup by Consuming States (Million Metric Tons), 2023-2028
12. Indian Exotic Vegetables Market Structure
Key Questions Answered in the Report
The Indian exotic vegetables market is expected to grow at a CAGR of 16.3% 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 industry, such as rapidly growing economy, favourable government initiatives, increase in the exotic vegetable demand, and increasing investments, are expected to aid the market growth.
The key market trend guiding the growth of the market includes the growing number of farms specialising in producing exotic vegetables.
The major regional markets of Indian exotic vegetables are Uttar Pradesh, Maharashtra, Bihar, Madhya Pradesh, West Bengal, 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 industry are unorganised retail, supermarket/hypermarket, online, and exports, among others.
The major players in the industry are Shreenath Agro Tech Pvt Ltd., Nisarg Nirman Agro Products Pvt. Ltd., S. P. Vegetables, Lawrencedale Agro Processing India Pvt Ltd., and Green Earth Fresh Produce (P) Ltd., among others.
Analyst Review
The Indian exotic vegetables market is projected to grow at a CAGR of 16.3% 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 industry. Based on its varieties, the Indian exotic vegetables industry 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 industry is bifurcated into organised and unorganised sector. By distribution channels, the industry is divided into unorganised retail, supermarket/hypermarket, online, and exports, among others. The major regional markets for Indian exotic vegetables are Uttar Pradesh, Maharashtra, Bihar, Madhya Pradesh, West Bengal, and Gujarat, among others. The key players in the above market include Shreenath Agro Tech Pvt Ltd., Nisarg Nirman Agro Products Pvt. Ltd., S. P. Vegetables, Lawrencedale Agro Processing India Pvt Ltd., and Green Earth Fresh Produce (P) Ltd., 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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