Organic Food Market by Business Research Company 2022 – Opportunities and Strategies – Global Forecast to 2030
LONDON, GREATER LONDON, UK, June 20, 2022 /EINPresswire.com/ — Organic food manufacturers are launching innovative products on the market due to increased consumer awareness of healthy eating. Consumers are more health conscious and willing to pay for foods specifically good for their health. According to the analysis of the organic food market, there is an increase in the demand for low calorie and sugar free items from people with health problems. To capitalize on this, many companies are launching new products in the market to increase their market share. For example, in 2021 The Good Root Goodies launched Ginsation Ginger Beverage which is made from pure organic Peruvian ginger. This low-sugar ginger drink is available in four blends, Fresh Zest, Citrus Mist, Sunburst, and Cherry Delight.
The global organic food market size is expected to grow from $205.36 billion in 2020 to $389.02 billion in 2025 at a rate of 13.6%. The global organic food market share is then expected to grow at a CAGR of 9.6% from 2025 and reach $615.16 billion in 2030.
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The increase in the penetration of organized retail is expected to be a major driver for the growth of the organic food market. Rising disposable incomes, changing consumer tastes and preferences, changing demographics and increasing investment are driving the growth of the organized retail market. In addition, the growing internet penetration and increase in the number of international retailers launching operations in different countries and regions are also benefiting the organized retail sector. For example, the organized retail market share is expected to increase from 12% in 2017 to 22-25% by 2021 in India, which is expected to increase organic food sales in the country. The growing penetration of organized retail will drive the organic food market in the future.
Key players covered in the global organic food industry are Organic Valley, The Kroger Co., General Mills Inc., The Hain Celestial Group, Inc., United Natural Foods, Inc.
TBRC’s Organic Foods market report is segmented by Product Type into Organic Meat, Poultry & Dairy, Fruits & Vegetables, Bread & Bakery, Beverages, Processed Foods, Other Products, by Application to Conventional Retailers, Sales Channels natural, online, by type in supermarkets/hypermarkets, convenience stores, food and beverage stores, other.
Organic Food Market 2022 – By Product Type (Organic Meat, Poultry & Dairy, Organic Fruit & Vegetables, Organic Bread & Bakery, Organic Beverages, Organic Processed Foods), By Application Conventional Retailers, Natural Sales Channels, By Type by conventional retailer (supermarkets/Hypermarkets, specialty stores, convenience store), and by region, opportunities and strategies – Global Forecast To 2030 is part of a series of new reports from The Business Research Company that provides an overview of the organic food market, Organic Foods Market Forecast Organic Foods Market Organic Foods Market Size and Growth for Overall Market, Organic Foods Market Segments, Geographies, Organic Foods Market Trends, Organic Foods Market Drivers, constraints, revenues, profiles and market shares of the main competitors ents.
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