Press release
Global Non-GMO Food Market to Grow at a CAGR of 13.4% by 2028
According to the latest research by SkyQuest Technology, the Global Non-GMO Food Market was valued at USD 2.72 billion in 2021, and it is expected to reach USD 6.56 billion by 2028, with a CAGR of 13.4% during the forecast period of 2022 - 2028. The research provides up-to-date Non-GMO Food market analysis of the current market landscape, latest trends, drivers, and overall market environment.Non-GMO Food refers to unique organisms made in a lab employing gene-editing technology. It stands for non-genetically modified organisms. The target market growth rate is expected to be fueled by rising Non-GMO Food product usage, changing public tastes, and customer perception of the goods' health advantages. Major corporations are enlarging their production plants in emerging nations to take advantage of advantages like lower labor costs, installation expenses, etc. The market growth rate is expected to be greatly aided by the expansion of e-commerce portals and the expansion of distribution channels.
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The rise of the Non-GMO Food industry can be ascribed to a number of things, including rising spending power and populace, especially in emerging countries. Foods made without genetically modified organisms (GMOs) require minimal preparation time compared to conventional foods, making them an excellent alternative for people who work or lead busy lives. Because of better product exposure and growing e-commerce channel acceptance, the use of online networks is fueling product sales.
Read Market Research Report, "Global Non-Gmo Market By Product (Dairy Products, Bakery Products, Confectionery Products, Meat And Poultry Products, Cereals And Grains, Edible Oil, Alcoholic Beverages, Non-Alcoholic Beverages, Others), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, Others), and Region -Forecast and Analysis 2022-2028" by SkyQuest
North America currently dominates the market for Non-GMO Food due to the distinct advantages of the goods, such as their low chemical inputs during manufacturing and eco-friendliness, as well as increasing customer awareness of Non-GMO Food items. This is a result of people consuming more foods with high levels of animal protein. The US market is a significant source of income in the area that produces the major portion of grain and cereals,
Over the forecast years, Asia-Pacific is expected to experience the quickest growth. Industries in China and India are important assets for the area. This is driven by the fact that both of these nations have growing populations and rising purchasing power. Market demand is projected to soar due to India's efforts to build its local companies and its sectors' rapid expansion.
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To support time- and cost-efficient logistical operations, major players are working to effectively establish distributing warehouses for Non-GMO Food goods. Prominent providers of Non-GMO Food goods are attempting to increase the company's global reach by diversifying their Non-GMO Food product offerings. For instance, in April 2021, almond flour-based baking mixes and single-serve dessert cups were introduced by Blue Diamond Growers. The goods are kosher-certified, Non-GMO Food Project verified, and dairy- and gluten-free.
The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
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https://skyquestt.com/speak-with-analyst/non-gmo-food-market
What does this Report Deliver?
● Market Estimation for 20+ Countries
● Non-GMO Food Market demand by Region, Sub-Region, and Country
● Customization on Segments, Regions, and Company Profiles
● 100+ tables, 150+ Figures
● Global, Regional and Country specific Non-GMO Food Market Trends
● Comprehensive Mapping of Non-GMO Food Industry Parameters
● Attractive Investment Proposition in the Global Non-GMO Food Industry
● Competitive Strategies Adopted by Non-GMO Food Market Key Players
● Drivers, Restraints, Opportunities, Challenges and the impact on the Non-GMO Food Market Size
● Market growth rate till 2028
● Regulatory scenario, regional dynamics, and Non-GMO Food market insights of leading countries in each region
● In-depth Market insights by Region and Country
● Market Segmentation Trend Analysis, Opportunities and Growth
● Porter's five force analysis to know the market's condition
● Pricing Analysis and Non-GMO Food Market Sales
● Parent market analysis
● Product portfolio benchmarking
SkyQuest has segmented the Global Non-GMO Food Market based on Product, Distribution Channel, and Region:
● Global Non-GMO Food Market by Product (Revenue, US$ billion, 2021 - 2028)
o Dairy products
o Bakery products
o Confectionery products
o Meat and poultry products
o Cereals and grains
o Edible oil
o Alcoholic beverages
o Non-alcoholic beverages
o Others
● Global Non-GMO Food Market by Distribution Channel (Revenue, US$ billion, 2021 - 2028)
o Supermarkets/hypermarkets
o Convenience stores
o Online retail stores
o Others
● Global Non-GMO Food Market by Region (Revenue, US$ billion, 2021 - 2028)
o North America
▪ US
▪ Canada
o Europe
▪ Germany
▪ France
▪ UK
▪ Italy
▪ Spain
▪ Rest of Europe
o Asia Pacific
▪ China
▪ India
▪ Japan
▪ Rest of Asia Pacific
o Latin America
▪ Brazil
▪ Rest of CSA
o Middle East & Africa
▪ GCC Countries
▪ South Africa
▪ Rest of MEA
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https://www.whatech.com/og/markets-research/consumer/729076-global-e-bike-charging-station-market-is-expected-to-reach-a-value-of-us-3-498-23-billion-by-2028-at-a-cagr-of-3-7-over-the-forecast-period-2022-2028
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