Organic Food Market Trends, Size, Growth Prospects and
Pune, India, 06 Jul. 2022 (GLOBE NEWSWIRE) — The world organic food market is likely to derive growth from recent advances in organic food and delivery. According to a Fortune Business Insights report, titled “Organic Food Market Size, Share & Industry Analysis & Regional Forecast, 2022-2029“The market will derive its growth from the growing demand for organic foods across the world.
The growing awareness regarding the consumption of healthy food has emerged in favor of the growth of the global organic food market. In addition to healthy foods, organic foods contain no chemicals and have several advantages over regular foods. The inclination towards healthy products, combined with the consumer preference for organic foods, will contribute to the growth of the global market.
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The list of major companies operating in the global organic food market are as follows:
- General Mills
- WhiteWave Food Company
- Dean Foods Company
- United Natural Foods, Inc.
- The Kroger Co., Inc.
- Whole Foods Market, Inc.
- The Hain Celestial Group, Inc.
- Clif Bar & Company
- Dole Food Company, Inc.
- Amy’s Kitchen, Inc.
- Organic Valley
Report Scope and Segmentation:
|Historical year||2018 – 2020|
|forecast year||2022 – 2029|
|Segments Covered||By end use , By distribution channel , By geography|
|Forecast units||Value (USD billion) and volume (units)|
|Quantitative units||Revenue in USD Million/Billion and CAGR from 2020 to 2029|
|Regions covered||North America, Europe, Asia-Pacific, Middle East and Africa, Latin America and Rest of the World|
|Countries covered||United States, Canada, Mexico, United Kingdom, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC countries and South Africa, among others|
|Number of companies covered||General Mills, White Wave Foods Company, Dean Foods Company, United Natural Foods, Inc., The Kroger Co., Inc., Whole Foods Market, Inc., The Hain Celestial Group, Inc., Clif Bar & Company, Dole Food Company , Inc., Amy’s Kitchen, Inc., Organic Valley and others.|
|Organic food market coverage||Market Growth Drivers, Restraints, Opportunities, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis, Regulatory Landscape, Market Attractiveness Analysis by Segments & Region, Market Share Analysis business and analysis of the impact of COVID-19.|
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Rising disposable income in developing countries, changing lifestyles and demand for quality foods have all contributed to a further increase in the demand and adoption of organic foods around the world. According to the Organic Trade Association, overall organic food sales in the United States grew at a CAGR of 8.81% during the period from 2013 to 2018. Such an impressive growth rate indicates that this market will grow to an impressive pace in the years to come. years.
The report provides a comprehensive overview of the global organic food market. The report encompasses several factors that have contributed to the growth of the market in recent years. Additionally, the report highlights some of the factors that have been restraining the growth of the market. The report provides in detail a brief summary of the major companies operating in the market and labels the major companies that have generated respectable revenue in the organic food market over the past few years.
The report provides a detailed analysis of several factors that contributed to the growth of the global organic food market. In an effort to expand on the global stage, companies are adopting new market strategies such as R&D initiatives, corporate collaborations and buyouts. The report summarizes the impact of these factors on market growth. In February 2019, Dole Food Company Inc. launched a joint venture with Organic Valley for the distribution of organic foods.
This collaboration will not only help these companies to generate adequate revenue in the organic food market, but will also contribute to the growth of the market. Similarly, Dole Food has partnered with Safeway Fresh Foods LLC to expand its product portfolio. These mergers and acquisitions will influence the growth of the global organic food market in the coming years.
North America will dominate the global market
The growing popularity of organic food and beverages will drive the growth of the organic food market in North America. Growing awareness of the health benefits of organic foods will contribute to the growing demand for organic foods in several North American countries. According to the Organic Trade Organization, the United States is the largest market for the import and export of organic foods.
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Market segmentation :
By raw material/product
- Fruits and vegetables
- Cereals and grains
- Dairy products
By end use
- Bakery & Confectionery
- Ready-to-eat food products
- Breakfast cereals
- Processing industry
By distribution channel
- Direct market
- Processing industry
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