Market Research Report
Organic Food Market, By Types, By Distribution Channel, and Geography - Analysis, Share, Trends, Size, & Forecast from 2020 - 2026
|Published by||AnalystView Market Insights||Product code||937189|
|Published||Content info||140 Pages
Delivery time: 2-3 business days
|Organic Food Market, By Types, By Distribution Channel, and Geography - Analysis, Share, Trends, Size, & Forecast from 2020 - 2026|
|Published: April 1, 2020||Content info: 140 Pages||
Organic Food market was valued at USD XX billion by 2019, growing with XX% CAGR during the forecast period, 2020-2026
Organic foods are products that are produced and grown using organic farming techniques. The complete organic food and beverage market is expected to grow in the near future because of tremendous benefits. These foods are chemical and pesticide free, eco-friendly and very healthy. Consumers are preferring healthy foods because of the increase in lifestyle diseases. Thus, this market is growing at a notable speed.
The major growth of the market is because of the increase in the income levels with improvements in the standards of living. Apart from that, there is an increased concern for the environment among the consumers which has fuelled the growth of organic food market. There are a lot of health hazards that have erupted because of the inorganic food industry. This has also led the consumers to make the switch.
Although, some of the market restraints are low shelf life of the products and high price. However, private sectors and government sectors are expected to invest in this sector. The advancement in technology and the adaptability of soil is also said to decline the high prices in the forecast period.
There are various types of organic foods like vegetables, fruits, grains and even coffee. Currently, organic coffee and tea has the highest potential and demand in the market. The major reason behind this is the health benefit of losing weight. The next segment comprises of organic fruits and vegetables. This sector is currently forecasted to register the highest growth in the forecast period. Apart from that, organic grains and organic baby foods are the lucrative targets for investments. Even organic dairy, non-dairy products, meat, fish and organic poultry products are slowly emerging.
Distribution Channel Takeaway
The distribution channel includes of retail, supermarket and online platforms. Currently, retail and supermarkets comprises of the largest share of the market. However, even the online sectors is emerging as consumers are preferring to shop for edibles over the internet due to their fast paced lifestyles. The popularity of e-commerce giants is expected to increase the sales through online sales.
The organic food market has been segmented with North America being on the top. Then comes Europe, Asia Pacific and LAMEA. Out of all of these, Asia Pacific holds the fastest growth because of emerging economies. Asia Pacific market is expected to grow with a significant CAGR during the forecasted period. North America is expected to dominate the market at least till 2026.
Key Vendors Takeaway
The key vendors are United Natural Foods, Spartan Stores, Hain Celestial Group., Clif Bar & Company, The Kroger Company, AMCON Distributing Co., Whole Foods Market., Dole Food Co., Frito-Lay, Newman's Own, Amy's Kitchen, Dean Foods, and Organic Valley. Companies like Fritolay are capturing the global market by investing in promotions and brand awareness.
Vendors like United natural foods are developing innovative products to enhance their product portfolio and differ from their competitors. A lot of market players are also considering merger and acquisitions, partnerships, business expansions and joint ventures. The market analysis states that product launch is the key growth factor for all the global vendors.
The Global Organic Food Report Includes-
In-depth analysis of the Organic Food market, market size (US$ Million) and compound annual growth rate (CAGR (%) for the forecast period, 2020-2026, considering 2019 as the base year
Elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
Major driving factors and major challenges/restraints are answered in this report
Analyse the impact of COVID-19 outbreak on worldwide Organic Food market across different geographies
Profiles leading players in the global Organic Food market based on the following parameters - company overview, financial performance, key developments, and product portfolio
Caters to various stakeholders in this industry. Various strategy matrices used in analyzing the Organic Food market would provide stakeholders vital inputs to make strategic decisions accordingly
The market size and forecast for each segment and sub-segments has been considered as below:
Historical Year - 2015 to 2018
Base Year - 2019
Estimated Year - 2020
Projected Year - 2026
Traders, Distributors, and Suppliers
Government and Regional Agencies
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
ORGANIC FOOD MARKET KEY PLAYES
United Natural Foods
Hain Celestial Group.
Clif Bar & Company
The Kroger Company
AMCON Distributing Co.
Whole Foods Market.
Dole Food Co.
ORGANIC FOOD MARKET, BY TYPES
Fruit and Vegetables
Read and Grains
Meat, Fish and Poultry
ORGANIC FOOD MARKET, BY DISTRIBUTION CHANNEL
ORGANIC FOOD MARKET, BY REGION
Rest of Europe
Rest of APAC
Rest of LATAM
Middle East and Africa
United Arab Emirates
Rest of MEA