The global organic food market size was US$ 168.50 billion in 2021. The global organic food market size is forecast to reach US$ 483.00 billion by 2030, growing at a compound annual growth rate (CAGR) of 11.7% during the forecast period from 2022 to 2030.
Organic food is grown without the use of preservatives or chemicals in a variety of ways. Processed fruits and vegetables, dried fruits and nuts, cocoa, spices, herbs, sweeteners, dried leguminous crops, dairy products, processed foods, and fruit preparations are among the most important organic food goods sold on the international market. This organic food is mostly produced through organic farming, which eliminates the use of chemical pesticides and fertilizers. In order to boost plant development, organic farming employs natural nutrients such as manure. Furthermore, organically raised animals do not receive hormones and are raised with natural components.
Factors Influencing Market Growth
The increasing understanding of the advantages of consuming organic food drives the global market.
The high cost of production & operations and the short shelf life may slow down the overall market growth.
With the increasing number of chronic diseases such as cardiac issues, cancer, diabetes, and growing healthcare costs, consumers' focus on having a healthy diet boosts the global market growth.
Impact Analysis of COVID-19
The COVID-19 pandemic had a positive impact on the global market. Consumer purchasing patterns have altered due to the uncertainty, as people have grown more aware of the significance of a healthy immune system, resulting in a desire for organic and natural foods. Furthermore, following the outbreak in 2020, the organic food business has undergone a paradigm change, with customers beginning to purchase more organic commodities as a preventative health strategy.
Regional Insights
Europe is forecast to have lucrative growth during the forecast period. The increasing demand for organic food among people is due to the adoption of healthy lifestyles and the shift towards an organic diet. In addition, the presence of a large number of retail stores like Walmart, Costco, and others. Additionally, rising demand for clean-label food and beverage products and growing awareness about organic food. Thus, these factors are forecast to boost the market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global organic food market are:
Organic Valley
Dairy Farmers of America, Incorporated
Dole Food Company, Incorporated
No Limit, LLC
Frito-Lay North America, Incorporated
The Kroger Co.
General Mills Incorporated
Hain Celestial
Danone
United Natural Foods, Incorporated
Other Prominent Players
Scope of the Report
The global organic food market segmentation focuses on Food Type and Region.
Segmentation based on Food Type
Organic Fruit and Vegetables
Organic Meat, Fish, and Poultry
Organic Dairy Products
Organic Frozen and Processed Foods
Others
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Meta Title: Organic Food Market Size, Share, Insight and Forecast 2022 To 2030
Meta Description: Global Organic Food Market is projected to reach US$ 483.00 billion by end of 2030 from US$ 168.50 billion in 2021, at a CAGR of 11.7%
Meta Keywords: organic food market Size, organic food market share, organic food market trend, organic food market Forecast, organic food market insight