REDDING,
Calif., July 23, 2024 /PRNewswire/ -- According to
a new market research report titled, 'Organic Food Market
Size, Share, Forecast, & Trends Analysis by Type (Fruits,
Vegetable, Grains, Beverage, Bakery), Distribution Channel
(Supermarket, E-commerce), Process (Un-processed, processed),
Packaging Type (Fresh, Frozen) - Global Forecast to
2031,' the global organic food market is projected to
reach $324.1 billion by 2031, at a
CAGR of 10.1% during the forecast period.
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The growth of the organic food market is mainly attributed to
growing health-conscious consumers, increasing demand for
clean-label products, and government and non-government
organization support for organic farming. Furthermore, changes in
lifestyle and growing disposable income are expected to create
market growth opportunities.
The organic food market is segmented by type of fruits and
vegetables (fruits {citrus, temperate fruits, tropical &
subtropical fruits, and other fruits} and vegetables {leafy
vegetables, tomato, other vegetables}), dairy (milk, butter,
cheese, yogurt, and milk powder), grains (wheat, maize, rice, oats,
and others), beverages (tea & coffee, non-dairy, alcoholic
beverages, and others), condiments, bakery, snacks, and other
organic foods), distribution channel (supermarkets &
hypermarkets, convenience stores, specialty stores, e-commerce, and
other distribution channels), process (unprocessed, processed, and
ultra-processed), packaging type (fresh, frozen, canned, and
dried), and geography (North
America, Europe,
Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry
competitors and analyzes the market at regional and country
levels.
Among all the types studied in this report, in 2024, the fruits
and vegetables segment is expected to account for the largest share
of 27.7% of the organic food market. The segment is
also is slated to register the highest CAGR during the forecast
period. The rapid growth of this segment is attributed to the
rising health and wellness trends, rising demand for fresh organic
products, and a growing assortment of organic products through
various sales channels.
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Among all the distribution channels studied in this report, the
e-commerce segment is slated to register the highest CAGR of
15.3% during the forecast period. The rapid growth of
this segment is attributed to the convenience offered by
e-commerce, the availability of greater discounts compared to
offline stores, the growing preference for personalization, and a
greater product selection experience.
Among all the process categories studied in this report, the
unprocessed segment is expected to account for the largest share of
the organic food market. The large market share of this segment is
attributed to factors such as the increasing vegetarian population,
growing demand for organic products with minimal processing, and
consumer concern regarding additives in processed food.
Among all the packaging type categories studied in this report,
the fresh segment is expected to account for the largest share of
the organic food market. The large market share of this segment is
attributed to factors such as the low cost and easy availability,
and consumers increased preference for fresh and unprocessed
products.
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Based on geography, in 2024, North
America is expected to account for the largest share of
48.1% of the organic food market. The organic food
market in North America is
expected to reach $79.3
billion in 2024. However, Asia-Pacific is slated to register the highest
growth rate of 12.6% during the forecast period of 2024–2031
due to growing organic farming, rapidly growing population and
urbanization, rising disposable income and improving standard of
living, growing focus toward the inclusion of healthy foods, and
increasing awareness about the health benefits of organic foods.
Additionally, government initiatives promoting organic farming and
regulations supporting the organic food industry are further
expected to support the growth of this market.
The organic food market has witnessed several product launches,
partnerships, agreements, and collaborations in recent years. The
key players operating in the organic food market are Hain Celestial
Group, Inc. (U.S.), General Mills, Inc.(U.S.), United Natural Foods
Inc. (U.S.), Nature's Path Foods, Inc. (Canada), Amy's Kitchen, Inc. (U.S.), Organic
Valley (U.S.), Whole Food Market Co-op (U.S.), Sunopta Inc.
(Canada), Eden Foods, Inc. (U.S.),
Newman's Own Foundation (U.S.),
Stonyfields Farm, Inc. (U.S.), Danone S.A. (France), Nestle S.A. (Switzerland), Clif
Bar & Company (U.S.), and The Kroger Co. (U.S.).
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Scope of the Report:
Organic Food Market Assessment—by Type
- Fruits & Vegetables
- Fruits
- Citrus
- Temperate Fruits
- Tropical & Subtropical Fruits
- Other Fruits
- Vegetables
- Leafy Vegetables
- Tomato
- Other Vegetables
- Dairy
- Milk
- Butter
- Cheese
- Yogurt
- Milk Powder
- Grains
- Wheat
- Maize
- Rice
- Oats
- Other Grains
- Beverages
- Tea & Coffee
- Non-dairy
- Alcoholic Beverages
- Other Beverages
- Condiments
- Bakery
- Snacks
- Other Organic Foods
Organic Food Market Assessment—by Distribution
Channel
- Supermarkets & Hypermarkets
- Convenience Stores
- Specialty Stores
- E-commerce
- Other Distribution Channels
Organic Food Market Assessment—by Process
- Unprocessed
- Processed
- Ultra-processed
Organic Food Market Assessment—by Packaging
Type
- Fresh
- Frozen
- Canned
- Dried
Organic Food Market Assessment — by Geography
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe (RoE)
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
(RoAPAC)
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
(RoLATAM)
- Middle East & Africa
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Plant-based Protein Market by Type (Soy Protein, Wheat
Protein, Pea Protein, Potato Protein, Rice Protein, Corn Protein),
Crop Type (GMO), Source Process (Organic), Application (Food and
Beverages, Animal Feed, Nutritional Supplements) - Global Forecast
to 2028
Healthy Snacks Market by Type (Cereal & Granola Bars,
Nuts, Meat, Biscuits, Cookies), Product Claim (Gluten-free, Low
fat), Packaging Type (Wraps, Boxes), Distribution Channel
(Supermarkets & Hypermarkets, Convenience Stores) - Global
Forecast to 2029
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