According to IMARC Group’s latest report, titled “Organic Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,”. Looking forward, IMARC Group expects the market to reach US$ 340.16 Billion by 2027, exhibiting a CAGR of 12.40% during 2022-2027.
Organic food refers to eatable items that are produced without using artificial fertilizers and pesticides, or other synthetic chemicals. However, it is not necessary that organic food is fully chemical-free, but the pesticide residue levels in it are lower as compared to the food that is produced using synthetic chemicals. Organic food also includes meat free from antibiotics and hormones and encourages more humane treatment of animals. Organic farming practices also aid in conserving water resources, increasing soil fertility, and reducing soil erosion.
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Market Trends and Drivers:
The increasing adoption of healthy lifestyles has enhanced the demand for organic foods as they are healthier and more nutritious. The growing concerns among consumers regarding the negative health impact of pesticides, antibiotics, and additives are further driving the demand for organic food. Additionally, the food grown organically has lower nitrate levels, and higher vitamin C levels, and incorporates higher levels of certain minerals like magnesium, iron, and phosphorous. With the increasing prevalence of chronic diseases, the demand for organic food products is expected to rise as it helps in boosting immunity, sustaining energy levels and improving heart conditions. Moreover, the increasing investments by key market players toward organic farming practices are expected to fuel the market growth during the forecast period.
Organic Food Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the organic food market has been studied in the report with the detailed profiles of the key 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.
- Newman’s Own
- Organic Valley
- Sprouts Farmers Market Inc.
- The Hain Celestial Group Inc.
- The Kroger Company
- United Natural Foods Inc.
Key Market Segmentation:
The report has segmented the global organic food market based on product type, distribution channel, application and region.
Breakup by Product Type:
- Organic Fruits and Vegetables
- Organic Meat, Poultry and Dairy
- Organic Processed Food
- Organic Bread and Bakery
- Organic Beverages
- Organic Cereal and Food Grains
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Stores
Breakup by Application:
- Bakery and Confectionery
- Ready-to-eat Food Products
- Breakfast Cereals
Breakup by Region:
- North America
- Latin America
- Middle East and Africa
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Key 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
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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