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 Insights

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).

Organic food is defined as those products which are produced by organic production methods, and mainly using certified organic inputs rather than synthetic materials including chemical fertilizers, pesticides or feed supplements containing artificial growth hormones. Genetically unmodified organisms are used to raise a diverse range of healthy products from fruits and vegetables all the way through meat and grains. It serves as a healthy source of nutrients, vitamins, minerals, and antioxidants, helping to enhance cardiovascular functions, bolster immune defenses, maximize nutrient intake, and maintain energy levels. Compared to conventionally farmed farms, organic options are regarded as more health-promoting, fresh, natural, and eco-friendly since the practices preserve environmental quality.

Increased consumer awareness and points of entry to gain access to sustainable farming has led to heightened interest in the organic food sector. As noncommunicable diseases are reaching worrisome statistics, the population is now focusing on health and natural food items. At the same time, organic products are gaining a stronger footing in emerging economies while companies proliferate options, and green innovations propel sustained growth. Yet, high costs and inefficient settlements once hindered the industry but now partnering additional local vendors and engineering the growing have greatly minimized past restrictions. Furthermore, according to organic food market forecast supply will increase as wider population become more aware and more consumers reach for chemical-free options. This will be increasing the organic food market growth, if supported properly.

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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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