Organic Food Market size was valued at US$ 176 Bn. in 2021 and the total revenue is expected to grow at CAGR 13.21% through 2022 to 2029, reaching nearly US$ 474.9 Bn.
The Maximize Market Research has published a global market intelligence and research report on Organic Food Market on 23th November 2022. Leading analyst at Maximize Market research has said that North America held the largest market share of 38% in 2021 and is expected to keep its dominance in forecast period. However, market opportunities for Organic Food are increasing in developing economies in APAC region and India, Malaysia. Bangladesh, Vietnam are lucrative opportunities for the key players in the industry.
The report has covered the 34 countries across the world, which are supposed to be the attractive destinations for stakeholders in the industry. The key players selected for profiling and benchmarking are selected on their global presence, regional dominance, and probable investment criteria. The analyst at MMR has tried to give good representation to global, regional and local players in the competitive landscape. “Having said this, Sr. Analyst has said that, while estimating market size by different segment, they have not left any stone unturned to derive the total market size and market size by regions. All the local, regional and global players’ contribution to total market by supply side has been considered.
Organic Food Market : size was valued at US$ 176 Bn. in 2021 and the total revenue is expected to grow at CAGR 13.21% through 2022 to 2029, reaching nearly US$ 474.9 Bn.
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Organic Food Market Overview:
Apart from market size and forecasting, the report has covered the recent developments, key trends, M&A, government regulations, purchasing pattern of the customers. Macroeconomic indicators in each economy are studied to understand the future course of action for the market.
SWOT analysis of each player, PESTLE and PORTER”S analysis benchmarking of key players on different parameters made this report exclusive and investors guide.
Market Segmentation:
The demand for the organic food market is driven by the concerns of the people, towards personal health and the environment. The changing dietary habits of people and the awareness about the issues in the conventionally farmed foods is expected to impact positively changing consumers' preference towards organic food. According to a UN report, around 200,000 people lose their lives every year due to the toxic effects of pesticides in food products. This factor also results in changing consumers' focus on organic food products.
Key players:
• Whole Foods Market Inc.
• General Mills Inc.
• Everest
• Cargill Inc.
• WhiteWave Foods
• Danone
• United Natural Foods Inc.
• Hain Celestial Group
• Dole Food Company Inc.
• Dean Foods
• Amul
• The Hershey Company
• Louis Dreyfus Holding BV
• Arla Foods Inc.
• Nature’s Path Foods
• NewMan’s Own Inc.
The research provides a comprehensive review of the Organic Food market’s presence in various sectors and nations. The research analyst aims to discover hidden development potential that may be utilized by organizations in various parts of the world by doing a thorough geographical study of the sector. Global Organic Food Market research provides exact knowledge that enables market participants to compete successfully with their greatest competitors based on growth, sales, and other crucial aspects. In the research study, significant market aspects such as market drivers and barriers are separated from essential development prospects and industry trends.
Reasons to Purchase the Organic Food Market Report:
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Maximize Market Research provides B2B and B2C research on 12500 high growth emerging opportunities technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics Communications, Internet of Things, Food and Beverages,
Organic Food Market , Organic Food Market Size , Organic Food Market Share , Organic Food Market Trend
Nov 23, 2022