The global organic food market is expected to grow from $ 201.77 billion in 2020 to $ 221.37 billion in 2021 at a compound annual growth rate (CAGR) of 9.7%.
The growth is primarily driven by businesses resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, the remote work and closure of business activities which resulted in operational challenges. The organic food market is expected to reach $ 380.84 billion in 2027 at a CAGR of 14.5%.
Growing health concerns due to the growing number of chemical poisoning cases around the world are driving the organic food market. Consumers are increasingly concerned about their health because of the harmful effects of the presence of chemical pesticides in food products. The toxicity of chemical pesticides in food products can cause cancer, hormonal disruption and birth defects. According to a UN report, approximately 200,000 people die each year from the toxic effects of pesticides in food products. This pushes consumers to focus on organic food products.
The short shelf life of organic food and drink compared to conventional food and drink restricts the organic food market. For example, in research conducted by MSNBC, it was reported that the shelf life of organic food products tends to be shorter than that of conventional products. Likewise, some researchers have found that many organic foods contain higher levels of bacteria than conventional foods that spoil food. Since organic foods are not exposed to the same amount of preservatives as conventional foods, organic foods tend to be prone to bacterial attack and have a shorter shelf life. For example, organic food products like turnip greens, mustard greens and endives have a very short shelf life with a 50% shrinkage percentage. Thus, the high costs of packaging, logistics and distribution to increase the shelf life are limiting the growth of the organic food market.
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With a holistic approach to data accumulation, market scenarios include major players, costs, and prices operating in the specific geography (s). The statistical surveys used are SWOT analysis, PESTLE analysis, predictive analysis and real-time analysis. Graphics are clearly used to support the data format for a clear understanding of facts and figures.
Key companies in this report include: Amy’s Kitchen, Green and Black’s, Danone, NestlÃ©, Ebro Foods, Wessanen, Earth’s Best, Organic Valley, WhiteWave Foods, Hain Celestial, General Mills,
The main types included in the report are: Fresh products, Dairy products, Coffee, Tea, Meat, Poultry, Organic processed food, Others,
The main applications included in the report are: Supermarket / hypermarket, grocery stores, e-commerce, mini markets, others,
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About the organic food industry
The overviews, SWOT analysis, and strategies of each vendor in the Organic Food Market provide an understanding of the market forces and how these can be harnessed to create future opportunities.
Important fields of application of organic food are also evaluated on the basis of their performance. Market forecasts along with statistical nuances presented in the report give an in-depth view of the Organic Foods Market. The market study on the Global Organic Food Market 2021 report presents as well as the future aspects of the Organic Food market primarily based on the factors on which the companies participate in the market growth, key trends and the segmentation analysis.
Manufacturing Analysis Organic Food Market
The manufacturing process for organic food is discussed in this section. It includes analysis of key raw materials, major raw material suppliers, price trend of key raw materials, raw material cost and labor cost, analysis of manufacturing process of the organic food market
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Marketing Strategy Analysis, Distributors / Traders Analysis of Organic Food Market
Various marketing channels like direct and indirect marketing are outlined in the Organic Foods market report. Important marketing strategy data, marketing channel development trend, pricing strategy, market positioning, target customer branding strategy and list of distributors / traders.
To understand the dynamics of the global Key words market, the market is analyzed across major regions and countries around the world. Stats and Reports provides personalized regional and national analysis of major geographic regions as follows:
North America: United States, Canada, Mexico
Latin America: Argentina, Chile, Brazil, Peru and the rest of Latin America
Europe: UK, Germany, Spain, Italy and rest of the EU
Asia Pacific: India, China, Japan, South Korea, Australia and rest of APAC
Middle East and Africa: Saudi Arabia, South Africa, United Arab Emirates and rest of the MEA
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