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Soaring Demand for Organic Food: Market Projections, Key Drivers, and Emerging Trends
The global organic food market is witnessing rapid expansion owing to increasing health consciousness and demand for chemical-free products.What Is The Projected Market Size Of The Global Organic Food Market And Its Growth Rate?
- The organic food market is expected to grow from $279.19 billion in 2024 to $318.37 billion in 2025, at a Compound Annual Growth Rate (CAGR) of 14.0%.
- This growth is attributed to rising awareness of organic products' benefits, increased cases of food poisoning, and strong economic growth in emerging markets.
- Further, the market is projected to expand to $568.82 billion in 2029 at a CAGR of 15.6% due to the growing number of health-conscious consumers, demographic shifts in emerging markets, and rising penetration of organized retail.
What Is Driving The Growth In The Organic Food Market?
Heightened health concerns globally due to increasing cases of chemical poisoning are acting as a major driver for the organic food market. The proven harmful effects of chemical pesticides in food products, including potential to cause cancer, hormone disruption, and birth defects, have spurred consumers' shift toward organic food products. For instance, as of January 2023, over 78% of UK adults exhibited health concerns, as reported by the UK-based health insurance company, Bupa Group, thereby contributing to the rising preference for organic food products.
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Who Are The Key Players Driving Organic Food Market Growth?
Major companies operating in the organic food market include:
- Danone S.A
- The Kroger Co
- General Mills Inc
- The Hain Celestial Group Inc
- Organic Valley
- United Natural Foods, Inc.
- Dole Food Company
- Amy's Kitchen, Inc.
- Riverford
What Are The Key Trends In The Organic Food Market?
Key trends shaping the organic food market include:
- Focus on improving labelling and packaging
- Opportunities for investment in new product launches
- Utilization of artificial intelligence for organic farming
- Development of zero-calorie soft drinks
- Expanding product portfolios
- Growing emphasis on upcycled food.
What Are The Segments Of The Global Organic Food Market?
The organic food market has been segmented by:
- Product Type: Organic Meat, Poultry And Dairy, Organic Fruits And Vegetables, Organic Bread And Bakery, Organic Beverages, Organic Processed Food, Other Organic Products
- Application: Conventional Retailers, Natural Sales Channels, Other Applications
- Distribution Channel: Supermarkets Or Hypermarkets, Convenience Store, Specialty Stores, Online Stores
Which Region Leads The Organic Food Market?
North America was the dominant region in the organic food market in 2024, closely followed by Western Europe. The regions covered in the organic food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Organic Food Market Global Market Report?
- Market Size Analysis: Analyze the Organic Food Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Organic Food Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Organic Food Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Organic Food Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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