Global Organic Food Market Size, Drivers, Trends, Opportunities And Strategies – Includes Organic Food Market Growth
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Increasing health concerns due to growing number of chemical poisoning cases globally are expected to drive innovation in organic food manufacturing, thus driving the market during the forecast period.
The global organic food market is expected to grow from $259.06 billion in 2022 to $294.54 billion in 2023 at a compound annual growth rate (CAGR) of 13.7%. The organic food market is expected to grow from $512.01 billion in 2027 at a CAGR of 14.8%.
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Global Organic Food Market Segments Include:
- By Product Type: Organic Meat, Poultry & Dairy, Organic Fruits & Vegetables, Organic Bread & Bakery, Organic Beverages, Organic Processed Food, Other Organic Products
- By Application: Conventional Retailers, Natural Sales Channels, Other Applications
- By Distribution Channel: Supermarkets/Hypermarkets, Convenience Store, Specialty Stores, Online Stores
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global organic food market in 2021.
Major Market Players in the organic food market include General Mills Inc., Cargill, Inc., Danone, United Natural Foods Inc. and Amy’s Kitchen.
Companies in the organic food market are focusing on the introduction of new product categories and varieties. Organic food manufacturers are coming up with new and innovative organic food products in the form of ready-to-eat snacks, cookies, organic tea, pulses, spices, edible flowers, frozen waffles, medical plants, herbs, and organic juices. For example, Lidl, an organic grocery chain, is coming up with 28 new and innovative organic food products to choose from. Similarly, Nestle plans to launch new and innovative organic milk products in India.
The Organic Food Global Market Report 2023 provides a organic food market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The organic food market forecast analyzes organic food market size, organic food market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The organic food market consists of sales of organic food and beverages and related services. The production of organic food involves practises that promote ecological balance and aim to conserve biodiversity. These food products do not use any food additives or industrial solvents.
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