Press release
Non-GMO Food Market: Global Industry Outlook, Size (US$ 4.0 Billion), Share, Growth (CAGR of 14.19%), Top Companies Analysis, Report 2022-2027
According to IMARC Group's latest report, titled "Non-GMO Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global non-GMO (non-genetically modified organisms) food market size reached US$ 1.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.0 Billion by 2027, exhibiting a growth rate (CAGR) of 14.19% during 2022-2027.Non-GMO Food Market Trends:
The increasing health consciousness and shifting consumer inclination toward clean-label and organic food products are primarily driving the non-GMO food market growth. Moreover, the eco-friendly and natural characteristics of several non-GMO food products, including grains, vegetables, and fruits, has intensified their uptake in the food and beverage (F&B) sector and restaurants to meet the demand of vegan and vegetarian population, which is favoring the market growth. Furthermore, the extensive utilization of non-GMO ingredients by key players to produce infant food and receive verification to showcase the product standards is impelling the market growth. Additionally, various initiatives undertaken by governments and non-profit organizations (NGO) to promote the adoption of non-GMO food by creating awareness regarding the health benefits linked with its consumption is propelling the market growth. Apart from this, technological advancements in non-GMO farming technology, including the integration of machine learning (ML), artificial intelligence (AI), and automated solutions, are supporting the market growth.
Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/non-gmo-food-market/requestsample
Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027
Competitive Landscape With Key Players:
The competitive landscape of the non-GMO 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.
• Blue Diamond Growers
• Chiquita Brands International Sarl
• Clif Bar & Company
• The Hain Celestial Group Inc.
• Nature's Path Foods Inc.
• NOW Health Group Inc.
• Organic Valley
• Pernod Ricard SA
• United Natural Foods Inc.
Industry Definition and Application:
Non-genetically modified organisms (non-GMO) foods are prepared without the incorporation of ingredients obtained from genetically altered or modified organisms, including plants, animals, and other microorganisms. These substances are purposefully changed in a laboratory using genetic modification or engineering procedures. Non-GMO foods are eco-friendly, natural, fresher, and non-toxic than chemically processed items and are found richer in omega-3 fatty acids, vitamins and minerals. Consequently, non-GMO food products are commercially sold in soybeans, non-alcoholic drinks, dairy alternatives, bakery, meat, and edible product forms after receiving non-GMO labeling certification based on the raw ingredients used.
Key Market Segmentation:
The report has segmented the global non-GMO food market based on product type, application, distribution channel and region.
Breakup by Product Type:
• Cereals and Grains
• Liquor
• Meat and Poultry
• Bakery Products
• Edible Oils
• Others
Breakup by Application:
• Beverages
• Meat Products
• Fruits and Vegetables
• Dairy Alternatives
• Animal Feed
• Others
Breakup by Distribution Channel:
• Food Service
• Supermarkets and Hypermarkets
• Convenience Stores
• Online Stores
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=2009&flag=C
Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
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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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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