Global Organic Food Market

Organic Food Market Size, Share, Growth Analysis, By Product (Fruits and vegetables, Dairy products, Meat, Fish and Poultry), By Distribution Channel (Online and Offline), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30B2044 | Region: Global | Published Date: November, 2024
Pages: 163 | Tables: 62 | Figures: 65

Organic Food Market Dynamics

Drivers

Rise in Production of Organic Farming

  • The ways in which organic agricultural practices now exist across the world have undergone major shifts over the past several decades. Governments across the globe are promoting organic cultivation having an objective to lower the usage of hazardous chemicals in food production. Growing organic food industry will continue to enhance the accessibility and affordability of natural foods promoting sustainable production more globally.

Growing Health Awareness among People

  • Health consciousness among shoppers is one of the driving factors for this surge in organic food industry. Due to this, customers are putting more focus on the nutrition of their meals along with the quality and thus more demand is increased for organic options. The growing accessibility of health information with increasing availability is maintaining the progress towards organic food.

Restraints

Rising Expenses of Organic Food

  • Organically farmed products generally come at a higher cost than its traditionally grown counterparts. Each of the stages in growing, production and distribution entails high expenses due to a combination of high labor requirements and relatively low yields per acre. Especially in developing nations, wallet-friendliness is a critical factor to get such sustenance for mass consumption.

Restricted Shelf Life

  • While organic produce avoids pesticides and preservatives, perishability remains a challenge. Without preservatives, fruits and greens perish more quickly, rotting in fields or markets as consumers hesitate. Turnip greens, mustard greens and endive wilt within days, tons annually discarded though hunger lingers. Short lives restrict supply while demand rises, growth stunted until solutions emerge to lengthen freshness or needs match nature's pace.
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FAQs

Global Organic Food Market size was valued at USD 224.02 Billion in 2022 and is poised to grow from USD 251.04 Billion in 2023 to USD 557.06 Billion by 2031, growing at a CAGR of 12.06% in the forecast period (2024-2031).

The global organic food industry is undergoing significant consolidation with prominent companies in developed and developing economies launching new products that build strong brand loyalty through their wide range of offerings and strong distribution channel presence. The organic food and beverage market has seen remarkable innovation, surging with novel products that incorporate sustainable practices through advanced production techniques and use of diverse ingredients. Both plant-based alternatives and eco-friendly packaging demonstrate how the industry continues evolving to meet consumer demands for choices that promote both health and environmental friendliness. Furthermore, the influx of new players entering the industry has brought a diversity of innovative products, especially to developing nations, stimulating further changes across the expansive landscape. 'General Mills Inc. (U.S.)', 'Danone S.A. (France)', 'Dole plc. (Ireland)', 'Organic Valley (U.S.)', 'Organic India Pvt. Ltd. (India)', 'Amy's Kitchen, Inc. (U.S.)', 'Arla Foods Amba (Denmark)', 'Eden Foods Inc (U.S.)', 'Hain Celestial Group, Inc. (U.S.)', 'SunOpta Inc (U.S.) '

The ways in which organic agricultural practices now exist across the world have undergone major shifts over the past several decades. Governments across the globe are promoting organic cultivation having an objective to lower the usage of hazardous chemicals in food production. Growing organic food industry will continue to enhance the accessibility and affordability of natural foods promoting sustainable production more globally.

Increasing Number of Celebrity Endorsements Growing Awareness: While many major food companies' partners with famous figures to push their organic offerings, genuinely cultivating consumer interest in healthier choices proves more difficult. As interest in ethical consumption and conscious living expands, so too does demand for natural, vegan, and organic options unforced by endorsements alone.

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.

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Global Organic Food Market

Report ID: SQMIG30B2044

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