Organic Food Market

Market Overview 2023-2028:

The global organic food market size reached US$ 185.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 363.8 Billion by 2028, exhibiting a growth rate (CAGR) of 11.9% during 2023-2028.

Organic food refers to products that are produced organically using certified organic ingredients, while eliminating the employment of synthetic substances, such as pesticides, animal feed additives, fertilizers, and genetically modified organisms (GMOs). Meat, fruits, vegetables, cereal, beverages, food grains, spices, processed food, dairy products and pulses are some of the commonly available types of organic food. It serves as a healthy source of protein, vitamins, antioxidants and minerals, due to which it aids in enhancing heart conditions, boosting the immune system, increasing nutrient intake, and sustaining energy levels. As compared to traditional food, organic food is considered healthier, fresher, more natural, and sustainable as it supports environmental protection. 

Organic Food Market Trends:

One of the key factors creating a positive outlook for the organic food market growth is the increasing health consciousness and awareness among consumers. This, in turn, have led them to significantly opt for nutrient-rich and naturally sourced products due to their various health benefits, thus supporting the market growth. The increasing popularity of organic food can also be attributed to the increasing prevalence of various chronic diseases, such as cancer, diabetes, and cardiovascular diseases across the globe. Apart from this, the introduction of vegan, no cholesterol, and gluten-free organic snacks that can safely be consumed by individuals suffering from lactose-intolerant and celiac disease, are providing an impetus to the market growth. Additionally, the rising environmental concerns have prompted manufacturers to adopt sustainable cultivation practices, such as organic farming, which, in turn, is positively impacting the market growth. Other factors, including the rising demand for clean-label food and beverage products, increasing expenditure capacities of consumers, the convenient product availability through e-commerce platforms, and the implementation of various government initiatives promoting organic farming, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global organic food market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, distribution channel and application.

Breakup by Product Type:

• Organic Fruits and Vegetables
• Organic Meat, Poultry and Dairy
• Organic Processed Food
• Organic Bread and Bakery
• Organic Beverages
• Organic Cereal and Food Grains
• Others
   

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Specialty Stores
• Convenience Stores
• Online Stores
• Others
   

Breakup by Application:

• Bakery and Confectionery
• Ready-to-eat Food Products
• Breakfast Cereals
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Amy's Kitchen Inc., Clif Bar & Company, Danone S.A., Dole Food Company Inc., General Mills Inc., Newman's Own, Organic Valley, Sprouts Farmers Market Inc., The Hain Celestial Group Inc., The Kroger Company and United Natural Foods Inc.

Report Coverage:

Key Questions Answered in This Report:

• How has the global organic food market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global organic food market?
• What are the key regional markets?
• What is the breakup of the market based on the product type?
• What is the breakup of the market based on the distribution channel?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global organic food market and who are the key players?
• What is the degree of competition in the industry?