The global organic food market expanded to $135 billion in 2020 from $89 billion around five years ago. The share of organic foods in the total food market grew from 2% to 2.3% during that period.<\/p>\n\n\n\n
The organic food market is expected to grow at 9.4% through 2025, reaching a value of $210 billion and accounting for 2.6% of the total food market.<\/p>\n\n\n\n
In India, the demand for organic food is increasing steadily, with the COVID-induced shift in consumption trends accelerating the growth. The market is expected to reach \u20b95,600 crores by 2025 from \u20b91,900 crores now.<\/p>\n\n\n\n
Sresta Natural Bioproducts has filed a draft red herring prospectus with capital markets regulator SEBI to launch an initial public offering. The IPO will consist of the issuance of fresh equity shares worth \u20b950 crores and an offer for sale of up to 70,30,962 shares by promoters and existing shareholders.<\/p>\n\n\n\n
The company plans to utilize \u20b931.4 crores from the net proceeds for funding working capital requirements and the remaining amount for general corporate purposes.<\/p>\n\n\n\n
Incorporated in 2004, Sresta\u2019s business involves procuring, processing, manufacturing and marketing of organic food products, supported by its research & development program. Its 24 Mantra<\/em> brand is the largest in the packaged organic food segment, with a market share of approximately 29% in fiscal 2020.<\/p>\n\n\n\n The Hyderabad-based company is a leading organic food brand with a significant presence in the U.S. too. It has a presence across 39 U.S. states, and the products are sold both through Indian ethnic stores and mainstream stores. Overall, the company had a presence in 34 countries as of September 30, 2021.<\/p>\n\n\n\n While being a key player in the packaged food industry, Sresta also offers grocery staples, spices & condiments, edible oils, packaged food, beverages, meal accompaniments, etc. It also sells centre-of-plate<\/em> products under the 24 Mantra<\/em> brand.<\/p>\n\n\n\n Sresta\u2019s main competitors in the domestic market are Organic India, Nature Land Organics, Pro Nature Organic Foods and Organic Tattva.<\/p>\n\n\n\n The company had a total income of \u20b9161 crores in the quarter ended September 2021, compared to \u20b9156 crores in the prior-year period. It reported a net profit of \u20b91.1 crores during the quarter, versus \u20b97.3 crores in the same period of the previous year.<\/p>\n\n\n\n Since the Indian organic farming and food processing industry is still at a nascent stage, a lack of awareness among consumers and farmers gives rise to misconceptions. Another challenge facing the sector is the fact that the majority of Indian farmers are accustomed to conventional farming and the use of fertilizers and pesticides.<\/p>\n","protected":false},"excerpt":{"rendered":" The global organic food market expanded to $135 billion in 2020 from $89 billion around five years ago. The share of organic foods in the total food market grew from 2% to 2.3% during that period. The organic food market is expected to grow at 9.4% through 2025, reaching a value of $210 billion and […]<\/p>\n","protected":false},"author":1738,"featured_media":124093,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5748,12,10444,85],"tags":[8982,8248,2132,9914,8145],"class_list":["post-128099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","category-other-industries","category-others","category-retail-stocks","tag-food-processing","tag-ipo","tag-manufacturing","tag-organic","tag-retail"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":128159,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-fabindia-limited-files-for-initial-public-offering\/","url_meta":{"origin":128099,"position":0},"title":"IPO Alert: FabIndia Limited files for initial public offering","author":"Nishad","date":"March 8, 2022","format":false,"excerpt":"The apparel industry in India is estimated to have grown at a compound annual rate of 10.6% over the past five years and reached \u20b95,561 billion in fiscal 2020. Menswear accounted for 41% of the total apparel market, followed by women\u2019s wear at 37%. Kidswear accounted for the remaining 22%.\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/alphastreet.com\/india\/category\/ipo\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":124244,"url":"https:\/\/alphastreet.com\/india\/fintech-ipo-mobikwik-systems-prepares-for-listing\/","url_meta":{"origin":128099,"position":1},"title":"Fintech IPO: Mobikwik Systems prepares for listing","author":"Nishadkishore","date":"July 16, 2021","format":false,"excerpt":"India\u2019s mobile payment user base has grown to be the second-largest in the world after China. Within mobile payments, wallet payments are expected to grow by three times to approximately $60-$70 billion by fiscal 2026. Mobikwik Systems Ltd, a digital payments firm, recently filed a draft red herring prospectus for\u2026","rel":"","context":"In "Finance"","block_context":{"text":"Finance","link":"https:\/\/alphastreet.com\/india\/category\/finance-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":125951,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-delhivery-files-papers-with-sebi-to-go-public\/","url_meta":{"origin":128099,"position":2},"title":"IPO Alert: Delhivery files papers with SEBI to go public","author":"Nishad","date":"November 17, 2021","format":false,"excerpt":"The Indian logistics market is one of the largest in the world and presents a large addressable opportunity, with direct spending of around $216 billion in Fiscal 2020. The sector is expected to grow to $365 billion by Fiscal 2026, at a CAGR of 9%. The logistics market primarily comprises\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/alphastreet.com\/india\/category\/ipo\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":128114,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-all-you-need-to-know-about-dreamfolks-services-upcoming-ipo\/","url_meta":{"origin":128099,"position":3},"title":"IPO Alert: All you need to know about Dreamfolks Services\u2019 upcoming IPO","author":"Nishad","date":"March 7, 2022","format":false,"excerpt":"The number of global air passengers increased four-fold over the past three decades and reached around 4.4 billion in 2019, but declined sharply in the following years due to the pandemic-related disruption. However, passenger traffic has recovered since then and is estimated to have totalled 2.3 billion in 2021. It\u2026","rel":"","context":"In "IPO"","block_context":{"text":"IPO","link":"https:\/\/alphastreet.com\/india\/category\/ipo\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":124737,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-awl-files-papers-to-raise-%e2%82%b94500-cr\/","url_meta":{"origin":128099,"position":4},"title":"IPO Alert: AWL files papers to raise \u20b94,500 cr","author":"Nishadkishore","date":"August 11, 2021","format":false,"excerpt":"The size of the Indian packaged food retail market was about \u20b96 trillion in fiscal 2020, which contributed about 15% to the entire food and grocery segment. It is estimated that the edible oil retail market was around \u20b91.79 trillion in FY 2020 and is expected to grow at a\u2026","rel":"","context":"In "Consumer"","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":124752,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-keventer-agro-files-papers-with-sebi-to-go-public\/","url_meta":{"origin":128099,"position":5},"title":"IPO Alert: Keventer Agro files papers with SEBI to go public","author":"Nishadkishore","date":"August 20, 2021","format":false,"excerpt":"The Fast-Moving Consumer Goods Industry is currently the fourth largest contributor to the Indian economy. In FY 2020, the FMCG market in India was around \u20b96.75 trillion and is expected to reach \u20b911.20 trillion by FY 2025. At an aggregate level, the FMCG market is expected to grow at a\u2026","rel":"","context":"In "Consumer"","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1738"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=128099"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128099\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/124093"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=128099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=128099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=128099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Key Figures<\/h2>\n\n\n\n