The latest report from the IMARC group, titled “Organic Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which includes information on the organic food market share.
Informed covered in report:
- Historical market data from 2016 to 2021
- Market CAGR over the forecast period 2022-2027
- Detailed information on the factors that will drive the market growth over the next five years
- Accurate estimation of the organic food market size and its contribution to the parent market
- Upcoming Market Trends and Changes in Consumer Behavior
- An in-depth analysis of the market competitive landscape and in-depth information on major players
- Comprehensive details of the factors that will challenge the growth of major market players
The global organic food market reached a value of US$163.04 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$340.16 billion by 2027, posting a CAGR of 12.40% in 2022-2027. Organic food refers to any edible product that is generally produced or raised using organic ingredients and methods. An organic plant is grown using natural fertilizers, organic herbicides and natural methods. On the other hand, livestock receive organic and genetically modified organism (GMO) free feed to obtain dairy products, meat and eggs from organic farming. These foods mainly contain lower levels of nitrates and higher amount of omega fatty acids, vitamins, iron and carotenoids which help improve overall heart health and strengthen the immune system.
We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
Request a free sample PDF of the report: https://www.imarcgroup.com/organic-food-market/requestsample
The global organic food market is mainly driven by the growing health consciousness among the masses. Coupled with the growing awareness of the health benefits of nutrient-dense foods, this is creating a positive market outlook. Moreover, the growing prevalence of chronic diseases among the masses is driving the demand for organic food products across the world. Along with this, continuous improvements in electronic distribution channels and the advent of convenient home delivery models are influencing the growth of the market. In addition, several initiatives undertaken by the governments of several countries to promote ecological balance with the aim of conserving biodiversity act as major growth factors. This has encouraged major players to invest heavily in the adoption of organic farming practices in order to produce food products of natural origin. Other factors, including the swelling disposable income levels of individuals, the development of aggressive marketing strategies and promotional campaigns, as well as the extensive research and development (R&D) activities carried out by key players to extend the life of conservation of food products in a biological way, also have a favorable impact on the market.
Competitive landscape with key players:
The competitive landscape of the Organic Food Market has been studied in the report along with the detailed profiles of the major players operating in the market.
Some of these key players include:
- Amy’s Kitchen Inc.
- Clif Bar & Company
- Danone S.A.
- Dole Food Company Inc.
- General Mills Inc.
- At Newman’s
- Organic Valley
- Sprouts Farmers Market Inc.
- Hain Celestial Group Inc.
- The Kroger Company
- United Natural Foods Inc.
Key Market Segmentation:
The report has segmented the global organic food market on the basis of product type, distribution channel, application, and region.
Breakdown by product type:
- Organic fruits and vegetables
- Organic meat, poultry and dairy products
- Organic processed foods
- Bread and Organic Bakery
- Organic drinks
- Organic cereals and grains
Breakdown by distribution channel:
- Supermarkets and Hypermarkets
- Specialty stores
- convenience stores
- Online stores
Breakdown by application:
- Bakery and Confectionery
- Ready-to-eat food products
- Breakfast cereals
Breakdown by region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Ask the analyst for a customization and explore the full report with table of contents and list of figures: https://www.imarcgroup.com/request?type=report&id=5598&flag=C
Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market trends
- Market drivers and success factors
- Impact of COVID-19
- Value chain analysis
- Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.
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