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 News

  • In January 2024, Straus Family Creamery, which has been producing premium organic dairy products in California since 1994, announced the launch of low-fat kefirs.
  • In June 2023, McConnell's Fine Ice Creams, unveils organic fine ice cream flavours. They offer new products in four flavours — cookies & fudge, brownies, chocolate peanut butter brownies and strawberries & shortbread cookies golden state vanilla.
  • In August 2022, Danone made the acquisition of organic food manufacturer Happy Family. Happy Family makes different kinds of organic products. Danone announced that its management reached a comprehensive agreement to purchase 92% of the company owning organic baby food & snack brand Happy Family.
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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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