with a CAGR of 14.59% during the forecast period. The global organic food market is mainly driven by the growing health concerns among the people due to the increasing number of chemical poisoning cases, awareness of the harmful effects of pesticide residues in food and their impact on health. , government support through various subsidies and the growing trend towards standardization for organic foods.
New York, Aug 10, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Global Organic Food Market, By Product Type, By Distribution Channel Type (Hypermarket / Supermarket, Specialty Stores, Department Stores, In line and Others, by region, competition, forecast opportunities, 2026 “- https://www.reportlinker.com/p05837327/?utm_source=GNW
Organic foods give consumers the assurance that toxic pesticides, synthetic fertilizers and genetically modified organisms (GMOs) are not used in food production and that livestock have not been given antibiotics or hormones. growth. The production of organic food involves practices that promote ecological balance and aim to conserve biodiversity. These food products do not use any food additives or industrial solvents. Consumers are increasingly concerned about their health because of the harmful effects of the presence of chemical pesticides in food products. The toxicity of chemical pesticides in food products can cause cancer, hormonal disruption and birth defects. Organic foods are gaining popularity for simple reasons, namely content without genetically modified organisms (GMOs), high nutrient content, no growth hormones, no antibiotics, fewer pesticides, improved freshness levels and better environmental stability. . In countries of the world where the market for organic food is well developed, consumers display different motivations for purchasing these products.
Global organic food is segmented based on product type, distribution channel, company and region. Organic fruits and vegetables dominate the market with the growing emphasis on health, followed by organic meat, poultry and dairy, while organic drinks are the fastest growing segment. in the organic food market.
In terms of distribution channel, hypermarket / supermarket dominates the organic food market followed by department stores due to the availability of variety of organic products.
Regionally, North America is the leading market followed by Europe. Countries like the United States, Germany, France and China are the most advanced countries in the global organic food market.
In terms of average per capita consumption, Switzerland, Denmark and Sweden have the highest level of consumption. The major players operating in the global organic food market are United Natural Foods, Danone SA, Inc., Sprouts Farmers Market, Inc., General Mills, Inc., Organic Valley, Inc and others. To stay in the market, companies like Danone SA have launched innovative and practical formats suitable for consumption at all ages, times of the day to meet the needs of this new food generation. The company acquired WhiteWave to enrich the offering and allow wider access to sustainable daily eating practices. Organic foods are different from conventionally grown foods because organic foods are either grown as part of a natural farming system, without the use of synthetic fertilizers, or processed products made from raw materials produced. biologically. Due to the increased awareness of people to eat healthy, these companies are now improving and relaunching existing products.
Years considered for this report:
Historical years: 2016-2020
Baseline year: 2020
Estimated year: 2021
Forecast period: 2022-2026
Goal of the study:
• To analyze the historical growth in market size of the global organic food market from 2016 to 2020.
• Estimate and forecast the global organic food market size from 2021 to 2026 and the growth rate to 2026.
• Define, rank and forecast the global organic food market based on the type of product (organic meat, poultry and dairy, organic fruits and vegetables, organic processed foods, organic bread and bakery, organic drinks and others), by type of distribution channel (hypermarket / supermarket, specialty stores, department stores, online and others)
• Identify the dominant region or segment in the global organic food market.
• Identify the drivers and challenges of the global organic food market.
• Examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc. in the global organic food market.
• Identify and analyze the profile of major players operating in the global organic food market.
The analyst performed both primary and secondary research exhaustive for this study. Initially, the analyst found a list of manufacturers around the world.
Subsequently, the analyst conducted primary research surveys of the identified companies. During the interviews, respondents were also asked about their competitors.
Using this technique, the analyst was able to include manufacturers who could not be identified due to the limitations of secondary research. The analyst looked at manufacturers, distribution channels and the presence of all major players across the globe.
The analyst calculated the size of the global organic food market using a bottom-up and top-down approach, in which data from various end-user segments has been recorded and forecast for years to come. The analyst obtained these values from industry experts and company representatives and validated them externally by analyzing historical data for these product types and distribution channels to obtain an appropriate overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key target audience:
• Organic food manufacturers, suppliers, distributors and other stakeholders.
• Government bodies such as regulatory authorities and policy makers.
• Market research and consulting firms.
• Organizations, forums and alliances related to organic food manufacturers.
The study is useful in providing answers to several critical questions that are important to industry players such as manufacturers, suppliers and partners, end users, etc., in addition to enabling them to develop investment strategies and capitalize on market opportunities.
Scope of the report:
In this report, the global organic food market has been segmented into the following categories in addition to industry trends which have also been detailed below:
• Global organic food market, by product type:
Organic Fruits & Vegetables
Organic Meats, Poultry & Dairy Cheeses
Organic processed foods
Organic Bread & Bakery
• Global organic food market, by distribution channel:
Hypermarket / Supermarket
• Global Organic Food Market, By Company:
United Natural Foods, Inc.
Sprout Growers Market, Inc.
General Mills, Inc.
• Global organic food market, by region:
o South America
o Middle East and Africa
United Arab Emirates
Company Profiles: Detailed analysis of the major companies present in the global organic food market.
With the market data provided, we offer customizations based on the specific needs of a business. The following customization options are available for the report:
• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p05837327/?utm_source=GNW
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