Global Non-GMO  Market

Global Non-GMO Food Market Size, Share, Growth Analysis, By Product(Dairy Products, Bakery Products), By Distribution Channel(Supermarkets/Hypermarkets, Convenience Stores) - Industry Forecast 2024-2031


Report ID: SQSG30H2011 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 72 | Figures: 75

Global Non-GMO Food Market Insights

Non-GMO Food Market size was valued at USD 623.96 billion in 2019 and is poised to grow from USD 687.6 billion in 2023 to USD 1648.06 billion by 2031, growing at a CAGR of 10.2% in the forecast period (2024-2031).

Non-GMO 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.

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.

US Non-GMO Food Market  is poised to grow at a sustainable CAGR for the next forecast year.

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Non-GMO Food Market size was valued at USD 623.96 billion in 2019 and is poised to grow from USD 687.6 billion in 2023 to USD 1648.06 billion by 2031, growing at a CAGR of 10.2% in the forecast period (2024-2031).

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 Project verified, and dairy- and gluten-free. 'The Hain Celestial Group, Inc.', 'General Mills, Inc.', 'Cargill Inc.', 'Nestle S.A.', 'Amy's Kitchen, Inc.', 'Nature's Path Foods, Inc.', 'Stonyfield Farm, Inc.', 'Organic Valley', 'WhiteWave Foods Company', 'United Natural Foods, Inc.', 'Eden Foods, Inc.', 'Bob's Red Mill Natural Foods, Inc.', 'Annie's, Inc.', 'Clif Bar & Company', 'Dr. Praeger's Sensible Foods', 'Lundberg Family Farms', 'Pacific Foods of Oregon, Inc.', 'SunOpta, Inc.', 'Vital Farms, Inc.', 'Whole Foods Market, Inc.'

Consuming GMO food products have been linked to illnesses like digestive issues, organ failure, cancers, and infertility. As a result, non-GMO food products are predicted to become increasingly popular, which will fuel the market's expansion.

The most recent development in the sector is the use of digitization to build name and brand recognition. However, if businesses don't have the same size marketing budget as bigger businesses, they can't afford to make as strong of a promotional push. In that instance, they can come up with attention-grabbing methods to produce free publicity or work with a well-known business. For instance, promote the firm's climate action by requesting customers to return their bottles to you for recycling and letting regional and national media know about the program. The business might enter into a cooperative marketing agreement to spread the word about its brand and products, expand its customer base, and split costs.

North America currently dominates the market for non-GMO foods 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, 

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Global Non-GMO  Market

Product ID: SQSG30H2011

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