Organic Food Market

Organic Food Market Size, Share, Growth Analysis, By Product(Fruits and vegetables, Dairy products), By Distribution Channel(Online, Offline), By Geography(North America, U.S.) - Industry Forecast 2024-2031


Report ID: UCMIG30B2017 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Organic Food Market Insights

Market Overview:

In 2021, the global organic food market achieved a significant valuation of USD 178.4 billion, signifying the increasing consumer preference for healthier and sustainably-produced food options. This valuation underscores the growing awareness and demand for organic products that are free from synthetic chemicals and pesticides. As we look ahead, the market's trajectory points towards a remarkable expansion, with estimations projecting a future value of approximately USD 497.3 billion by 2030. This anticipated growth is supported by a robust Compound Annual Growth Rate (CAGR) of 12.06%, forecasted for the period spanning from 2022 to 2030. The ascent of the organic food market is indicative of shifting consumer attitudes towards more conscious consumption and environmentally-friendly choices, reflecting the global shift towards sustainable and healthier lifestyles.

Organic Food Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Food Distributors by segment aggregation, the contribution of the Food Distributors in Food & Staples Retailing and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Organic Food was estimated to be valued at US$ XX Mn in 2021.

The Organic Food Market is estimated to grow at a CAGR of XX% by 2028.

The Organic Food Market is segmented on the basis of Product, Distribution Channel, Geography.

Based on region, the Organic Food Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Organic Food Market are Newman’s Own, Inc., Whole Foods Market IP. L.P., Frito-Lay , Dole Food Co., Inc., The Kroger Co., Inc., Clif Bar & Company, Organic Valley., Dean Foods.

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Organic Food Market

Product ID: UCMIG30B2017

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