Report ID: SQMIG30B2044
Report ID:
SQMIG30B2044 |
Region:
Global |
Published Date: November, 2024
Pages:
163
|
Tables:
62 |
Figures:
65
In 2023, North America had the largest organic food market share in terms of demand, while dominating the market. Demand for organic is also due to strong consumer interest in health across the United States, Canada and Mexico. Consumers gravitate toward fruits and veggies sporting the organic label for their absence of chemical pesticides, herbicides and fertilizers, as well as potential health benefits. The benefits of these chemical free, ecofriendly products including notable nutritional density and freedom from genetic modification have taken root in the public. Meanwhile, producers have swept into the sector, responding to consumers who increasingly grasp the value of natural foods. Though conventional agriculture maintains a substantial role, the natural market expands at a velocity that suggests more citizens will eat for wellness in the years ahead.
The evolving Asia Pacific organic food landscape is anticipated to witness the most robust expansion during the projection period propelled by escalating adoption of ready-to-consume fare among the bustling workforce as well as a youthful demographic notably in nations such as India. China, India, and Japan dominate consumer expenditure on victuals. Furthermore, a sizeable surge in demand for frozen meals owing to diminished time for preparation and cooking is unveiling novel paths for the regional organic frozen food market. The Asia Pacific region is expected to develop at an expeditious pace attributable to burgeoning consumer awareness of natural products, augmenting availability of organic options on retail shelves, and amplifying individual salaries. In addition, the mushrooming investments of international players in the local market are envisioned to buttress regional market growth.
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Report ID: SQMIG30B2044