Meticulous Research® Unveils Comprehensive Report on the Global Organic Food Market


Posted July 16, 2024 by arvindshelke

organic food market will surge to $324.1 billion by 2031, achieving a compound annual growth rate (CAGR) of 10.1% from 2024 to 2031.
 
Meticulous Research®, a premier global market research firm, has released a groundbreaking report titled “Organic Food Market Size, Share, Forecast, & Trends Analysis by Type (Fruits, Vegetables, Grains, Beverages, Bakery), Distribution Channel (Supermarket, E-commerce), Process (Unprocessed, Processed), Packaging Type (Fresh, Frozen) — Global Forecast to 2031.”

Market Outlook and Growth Projections

The latest analysis from Meticulous Research® projects that the global organic food market will surge to $324.1 billion by 2031, achieving a compound annual growth rate (CAGR) of 10.1% from 2024 to 2031. Key drivers of this growth include a rise in health-conscious consumers, increasing demand for clean-label products, and substantial support from governmental and non-governmental organizations for organic farming. Additionally, lifestyle changes and higher disposable incomes are expected to present further opportunities for market expansion. However, the premium pricing of organic products may pose some challenges to market growth.

Download Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5122

Market Segmentation and Insights
By Type:
Fruits and Vegetables: Dominating with a projected 27.7% market share in 2024, driven by health trends and growing demand for organic produce.
Dairy: Including milk, butter, cheese, yogurt, and milk powder.
Grains: Featuring wheat, maize, rice, oats, and others.
Beverages: Encompassing tea & coffee, non-dairy beverages, alcoholic beverages, and more.
Condiments, Bakery, Snacks, and Other Organic Foods.
By Distribution Channel:
Supermarkets & Hypermarkets
Convenience Stores
Specialty Stores
E-commerce: Expected to grow at a remarkable CAGR of 15.3%, attributed to the convenience, discounts, personalization, and extensive product selection offered by online platforms.
Check complete table of contents with list of table and figures: https://www.meticulousresearch.com/product/organic-food-market-5122

By Process:
Unprocessed: Leading the market due to the increasing vegetarian population and demand for minimally processed foods.
Processed and Ultra-processed
By Packaging Type:
Fresh
Frozen: Projected to see the highest growth, driven by the demand for convenience foods and advancements in global cold chain logistics.
Canned and Dried
By Geography:
North America: Predicted to hold the largest share of 48.1% in 2024, fueled by a robust food sector, health and wellness trends, and significant investments in the organic sector.
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Competitive Landscape

The organic food market features a moderately competitive environment with key players including 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 Foods Market Co-op (U.S.), Sunopta Inc. (Canada), Eden Foods, Inc. (U.S.), Newman’s Own Foundation (U.S.), Stonyfield Farm, Inc. (U.S.), Danone S.A. (France), Nestle S.A. (Switzerland), Clif Bar & Company (U.S.), and The Kroger Co. (U.S.).

Download Sample Report

For an in-depth analysis, download the sample report here: Sample Report

Key Questions Addressed in the Report:
What is the current revenue of the organic food market?
What is the projected growth rate of global organic food demand over the next 5–7 years?
What are the historical market sizes and growth trends?
What factors are influencing market growth at global and regional levels?
Which segments by type, distribution channel, process, and packaging are driving market traction?
What are the key geographical trends?
Who are the major players, and what are their product offerings?
What strategic developments are shaping the market?
For more information, please contact:

Meticulous Research®
Email: [email protected]
Sales Contact: +1–646–781–8004
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Country India
Categories Food , Industry , Research
Tags organic food , food , beverage , food and drink
Last Updated July 16, 2024