DUBLIN – (COMMERCIAL THREAD) – “Global Organic Food Market” report has been added to ResearchAndMarkets.com offer.
The global organic food market was valued at USD 167.85 billion in 2020 and is projected to reach USD 368.94 billion by 2026 with a CAGR of 14.59% during the forecast period.
The global organic food market is mainly driven by the growing health concerns among the people due to the increasing number of chemical poisoning cases, awareness of the harmful effects of pesticide residues in food and their impact on health, the government support through various subsidies and the growing trend towards organic food standardization.
Organic foods give consumers the assurance that toxic pesticides, synthetic fertilizers and genetically modified organisms (GMOs) are not used in food production and that livestock have not been given antibiotics or hormones. growth. The production of organic food involves practices that promote ecological balance and aim to conserve biodiversity. These food products do not use any food additives or industrial solvents.
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. Organic foods are gaining popularity for simple reasons, namely content without genetically modified organisms (GMOs), high nutrient content, no growth hormones, no antibiotics, fewer pesticides, improved freshness levels and better environmental stability. . In countries of the world with a well-developed organic food market, consumers display different motivations for purchasing these products.
Organic fruits and vegetables dominate the market with the growing emphasis on health, followed by organic meat, poultry and dairy, while organic drinks are the fastest growing segment. fast in the organic food market. In terms of distribution channel, hypermarket / supermarket dominates the organic food market followed by department stores due to the availability of variety of organic products.
Regionally, North America is the leading market followed by Europe. Countries like the United States, Germany, France and China are the major countries in the global organic food market. In terms of average per capita consumption, Switzerland, Denmark and Sweden have the highest level of consumption.
To stay in the market, companies like Danone SA have launched innovative and practical formats suitable for consumption at different ages and times of the day to meet the needs of this new food generation. The company acquired WhiteWave to enrich the offering and allow wider access to sustainable daily eating practices.
Organic foods are different from conventionally grown foods because organic foods are either grown as part of a natural farming system, without the use of synthetic fertilizers, or processed products made from raw materials produced. biologically. Due to the increased awareness of people to eat healthy, these companies are now improving and relaunching existing products.
Scope of the report:
Years considered for this report:
Historical years: 2016-2020
Baseline year: 2020
Estimated year: 2021
Forecast period: 2022-2026
Global Organic Food Market, By Product Type:
Organic Fruits & Vegetables
Organic Meats, Poultry & Dairy Cheeses
Organic processed foods
Organic Bread & Bakery
Global Organic Food Market, By Distribution Channel:
Hypermarket / Supermarket
Global Organic Food Market, By Company:
United Natural Foods, Inc.
Sprouts Farmers Market, Inc.
General Mills, Inc.
Global Organic Food Market, By Region:
Middle East and Africa
United Arab Emirates
For more information on this report, visit https://www.researchandmarkets.com/r/8t7e3q