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PUBLISHER: IMARC | PRODUCT CODE: 1225382
PUBLISHER: IMARC | PRODUCT CODE: 1225382
Ethical Labels Market by Product Type (Foods, Beverages), Label Type (Halal, Organic, Clean, Sustainability and Fairtrade labels, Kosher, Animal Welfare Labels, Vegan Labels), Distribution Channel (Online, Offline), and Region 2023-2028
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PAGES: 143 Pages
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Market Overview:
- The global ethical labels market size reached US$ 999 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,487 Billion by 2028, exhibiting a growth rate (CAGR) of 6.8% during 2023-2028. The increasing preference for ready-to-eat (RTE) food products, integration of advanced technologies, and initiatives undertaken by governing agencies represent some of the key factors driving the market.
- Ethical labels are used to identify products or services that have been produced in an ethical manner. They indicate that a product is manufactured using environment friendly practices and meets specific sustainability standards. They provide information that consumers use to make a conscious consumption choice based on ethical considerations. They are utilized by authorities as a tool in consumer politics to ensure consumers receive information and steer social development in the desired direction. At present, the rising popularity of organic food on account of the surging prevalence of various cancer, diabetes, and cardiovascular diseases is catalyzing the demand for ethical labels across the globe.
Ethical Labels Market Trends:
- The increasing concern about food safety, hygiene, and reliability represents one of the major factors driving the demand for ethical labels around the world. Moreover, shifting consumer preferences for ready-to-eat (RTE) food products on account of rapid urbanization, rising working population, hectic schedules, and the expanding purchasing power of consumers are catalyzing the demand for ethical labels worldwide. In addition, the growing consumption of halal food is influencing the market positively. Apart from this, there is an increase in the integration of blockchain, radio frequency identification (RFID) chips, a global positioning system (GPS), artificial intelligence (AI), and machine learning (ML) in ethical labels to improve transparency and traceability in supply chains. These advanced technologies enable the creation of a decentralized, tamper proof record of transactions and are used for tracking the movement of goods from the point of origin to the point of sale. Ethical labels advancements provide information about the location and conditions under which products are produced and analyze data and identify patterns and trends to address ethical and sustainability concerns in their supply chains. This, coupled with the incorporation of sensors in ethical labels to gather data about environmental conditions wherein products are manufactured, such as temperature, humidity, and air quality, and verify the sustainability claims made by companies is strengthening the growth of the market. Furthermore, governments of numerous countries are encouraging the uptake of sustainable farming practices, which is anticipated to create a positive outlook for the market.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each segment of the global ethical labels market, along with forecasts at the global, regional, and country level from 2023-2028. Our report has categorized the market based on product type, label type, and distribution channel.
Product Type Insights:
- Foods
- Beverages
- The report has provided a detailed breakup and analysis of the ethical labels market based on the product type. This includes foods and beverages. According to the report, foods represented the largest segment.
Label Type Insights:
- Halal
- Organic
- Clean
- Sustainability and Fairtrade labels
- Kosher
- Animal Welfare Labels
- Vegan Labels
- A detailed breakup and analysis of the ethical labels market based on the label type has also been provided in the report. This includes halal, organic, clean, sustainability and fairtrade labels, kosher, animal welfare labels, and vegan labels. According to the report, halal accounted for the largest market share.
Distribution Channel Insights:
- Online
- Offline
- The report has provided a detailed breakup and analysis of the ethical labels market based on the distribution channel. This includes online and offline. According to the report, offline represented the largest segment.
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
- The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. According to the report, Asia Pacific was the largest market for ethical labels. Some of the factors driving the Asia Pacific ethical labels market included the rising awareness among consumers, increasing popularity of packaged food, favorable regulations from governing agencies, etc.
Competitive Landscape:
- The report has also provided a comprehensive analysis of the competitive landscape in the global ethical labels market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Abbot's Butcher Inc., Archer-Daniels-Midland Company, Cargill Inc., Garden of Life (Nestle S.A.), Go Macro LLC, Kerry Group plc, Koninklijke DSM N.V., Marks and Spencer Group plc, The Hershey Company, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global ethical labels market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global ethical labels market?
- What are the key regional markets?
- Which countries represent the most attractive ethical labels markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the label type?
- What is the breakup of the market based on the distribution channel?
- What is the competitive structure of the global ethical labels market?
- Who are the key players/companies in the global ethical labels market?
Product Code: SR1423A223_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Ethical Labels Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Foods
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Beverages
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Label Type
- 7.1 Halal
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Organic
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Clean
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Sustainability and Fairtrade labels
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Kosher
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Animal Welfare Labels
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Vegan Labels
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Online
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Offline
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
- 10.1 Overview
- 10.2 Drivers
- 10.3 Restraints
- 10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Abbot's Butcher Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Archer-Daniels-Midland Company
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Cargill Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 SWOT Analysis
- 14.3.4 Garden of Life (Nestle S.A.)
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Go Macro LLC
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Kerry Group plc
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.7 Koninklijke DSM N.V.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Marks and Spencer Group plc
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 The Hershey Company
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.1 Abbot's Butcher Inc.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Product Code: SR1423A223_Report
List of Figures
- Figure 1: Global: Ethical Labels Market: Major Drivers and Challenges
- Figure 2: Global: Ethical Labels Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Ethical Labels Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Ethical Labels Market: Breakup by Product Type (in %), 2022
- Figure 5: Global: Ethical Labels Market: Breakup by Label Type (in %), 2022
- Figure 6: Global: Ethical Labels Market: Breakup by Distribution Channel (in %), 2022
- Figure 7: Global: Ethical Labels Market: Breakup by Region (in %), 2022
- Figure 8: Global: Ethical Labels (Foods) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Ethical Labels (Foods) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Ethical Labels (Beverages) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Ethical Labels (Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Ethical Labels (Halal) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Ethical Labels (Halal) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Ethical Labels (Organic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Ethical Labels (Organic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Ethical Labels (Clean) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Ethical Labels (Clean) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Ethical Labels (Sustainability and Fairtrade labels) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Ethical Labels (Sustainability and Fairtrade labels) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Ethical Labels (Kosher) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Ethical Labels (Kosher) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Ethical Labels (Animal Welfare Labels) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Ethical Labels (Animal Welfare Labels) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Ethical Labels (Vegan Labels) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Ethical Labels (Vegan Labels) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Ethical Labels (Other Label Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Ethical Labels (Other Label Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Ethical Labels (Online) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Ethical Labels (Online) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Ethical Labels (Offline) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Ethical Labels (Offline) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: North America: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: North America: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: United States: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: United States: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Canada: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Canada: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Asia-Pacific: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Asia-Pacific: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: China: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: China: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Japan: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Japan: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: India: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: India: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: South Korea: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: South Korea: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Australia: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Australia: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Indonesia: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Indonesia: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Others: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Others: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Europe: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Europe: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Germany: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Germany: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: France: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: France: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: United Kingdom: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: United Kingdom: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Italy: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Italy: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Spain: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Spain: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Russia: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Russia: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Others: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Others: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Latin America: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Latin America: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Brazil: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Brazil: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Mexico: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Mexico: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Others: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Others: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Middle East and Africa: Ethical Labels Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Middle East and Africa: Ethical Labels Market: Breakup by Country (in %), 2022
- Figure 80: Middle East and Africa: Ethical Labels Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Global: Ethical Labels Industry: Drivers, Restraints, and Opportunities
- Figure 82: Global: Ethical Labels Industry: Value Chain Analysis
- Figure 83: Global: Ethical Labels Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Ethical Labels Market: Key Industry Highlights, 2022 & 2028
- Table 2: Global: Ethical Labels Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Ethical Labels Market Forecast: Breakup by Label Type (in Million US$), 2023-2028
- Table 4: Global: Ethical Labels Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 5: Global: Ethical Labels Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Ethical Labels Market: Competitive Structure
- Table 7: Global: Ethical Labels Market: Key Players
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