The global Organic Food market size was valued at USD 188.35 billion in 2022 and is projected to grow at a CAGR of 13.0% during 2023 to 2030.
Market Overview
The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Organic Food Market .Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Organic Food Market . In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner. One of the major factors driving the market expansion is growing awareness about the health benefits associated with consumption of organic products. Sales of organic food are expected to increase as a result of changing consumer buying behavior. The market is also growing because non-GMO products are becoming more and more popular with consumers. Organic food sales surged in 2020, despite higher prices than non-organic products and the largest global GDP decline in decades. The growth rate of organic packaged foods and beverages was the highest among all health and wellness categories. Since 2020, when Corona 19 shut down many restaurants and made home-cooked meals more common, people’s buying and eating habits have changed. According to the US Department of Agriculture (USDA), German consumers bought 22% more organic products in the same year. Estimates and forecasts of the size of the organic food market are given in terms of sales volume (K units) and revenue (million USD), with data from the past and projections for the years 2017 to 2030, with 2022 as the base year. This report breaks down in detail the global market for organic foods. Regional market sizes are also given for each product type, each application, and each player. When figuring out how big the market was, we took COVID-19 and other global crises into account.
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Segment Analysis
It encompasses the most important key players in the world’s various regions and contains them. In this research report, several different techniques that high-level industries have utilised to achieve their goals are discussed. In order to obtain a more in-depth analysis of a number of different businesses, player profiles of the most important top players have been developed. It is beneficial to have an understanding of the worldwide competition on both the domestic and international platforms.
It provides a detailed description of the drivers and opportunities in the Organic Food Market , which assists current customers and potential customers in gaining a clear vision and making decisions that are most effective for them. In order to discover the desired facts regarding the target market, various types of analysis models, such as Organic Food Market , are utilised. In addition to this, it includes a variety of different techniques for strategic planning, which encourages the way to define and develop the framework of the various industries. The market is split into Organic Fruits, Organic Vegetables, and Organic Beverages based on the type of product. In 2021, 31.7% of the market was made up of organic vegetables, which was the largest market share. There are also leafy vegetables and green vegetables among organic vegetables. Due to more land being used for farming, this market segment is growing. The market is divided into Offline and Online based on how the products are sold. In 2021, 5% of the market was made up of the Offline segment, which had the largest market share. In this distribution channel, supermarkets, hypermarkets, and specialty stores are some of the most popular places to shop, and they drive the market growth for this segment. In 2021, the Fresh segment had the largest market share, with 41.36%. There are many fruits and vegetables that are fresh and organic. The demand for products in this segment is driven by the fact that people’s living standards are changing and their income per person is going up.
By Category
- Fruits & Vegetables
- Dairy
- Meat, Fish, & Poultry
- Frozen & Processed Foods
- Cereals &Grains
- Beverages
By Product Type
- Processed
- Unprocessed
By Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Store
- Convenient Stores
- Online Retail Stores
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Recent Development
In June 2022, an Australian company called Sprout Organic Inc., which makes plant-based organic baby formula, made a deal with Amazon, which is one of the biggest online shopping sites, to work together.
In May 2022, Barry Callebaut, a chocolate company based in Belgium, announced that it would add dairy-free organic chocolate to its plant-based line to serve customers in North America.
In May 2022, Tulsi Detox Khawa, Peppermint Refresh, Moringa Hibiscus, and Simply Chamomile were among the new organic teas made by Organic India, a multinational company with roots in India.
Regional Analysis
Geographically, the global market for organic foods has been looked at in North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa (MEA). Because there is land for organic farming in the U.S., Australia, and Argentina, policymakers have had to come up with ways to help increase the production of organic foods. Over the next few years, this factor is likely to increase the demand for organic foods. The organic food and drink market in North America is expected to grow quickly because organic products are better for the environment, contain no chemicals, leave no residue, and are healthier than regular foods. In the near future, the North American market is likely to pick up as more people learn about the benefits of eating non-GMO or processed products.
Asia-Pacific is expected to grow the fastest, with a CAGR of 17.5% from 2022 to 2030. This is because countries like India are growing because of the new millennium, and more working-class people are eating ready-to-eat food. When it comes to how much people spend on food, China, India, and Japan are the largest markets. Also, the fact that it takes less time to prepare and cook frozen foods means that the local market for organic frozen foods is getting new opportunities.
Regional Organic Food Market coverage (Regional Status, Demand Forecast, Country Trends, etc.):
- North America, Europe, China, Japan, Southeast Asia, India.
- North America (USA, Canada, and Mexico).
- Europe (Germany, France, UK, Russia and, Italy).
- Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).
Key segments covered in the Organic Food Market include:
- Organic Food Market Growth Drivers and Barriers.
- Market Trends, Market Opportunities, Porter’s Five Forces Analysis.
- Market Overview, Industry Development, Market Maturity, Value Chain Analysis.
- Regional and Country Level Analysis.
- Trends and Forecasts for Market Segments.
- Market Analysis and Various Recommendations.
- Key market forces.
Report Customization:
This report will be customized to your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.
https://www.contrivedatuminsights.com/product-report/organic-food-market-22601Key Market Participants in the Organic Food Market :
General Mills Inc. (U.S.), Danone S.A. (France), Dole plc. (Ireland), Organic Valley (U.S.), Organic India Pvt. Ltd. (India), Amy’s Kitchen, Inc. (U.S.), Arla Foods Amba (Denmark), Eden Foods Inc (U.S.), Hain Celestial Group, Inc. (U.S.), SunOpta Inc (U.S.), and others.
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