Organic Food Global Market Report 2024

The market for organic food encompasses the sales of organic food and beverages, along with related services. The production of organic food adopts practices that support ecological balance and strive to preserve biodiversity. These food products abstain from using any food additives or industrial solvents.

This report categorizes the organic food market into various segments based on product types, including organic meat, poultry & dairy, organic fruits & vegetables, organic bread & bakery, organic beverages, organic processed food, and other organic products. Additionally, it classifies the market by application, considering conventional retailers, natural sales channels, and others. The distribution channels include supermarkets/hypermarkets, convenience stores, specialty stores, and online stores.

The organic food research report is one of a series of new reports from The Business Research Company that provides organic food statistics, including organic food industry global market size, regional shares, competitors with organic food share, detailed organic food segments, market trends, and opportunities, and any further data you may need to thrive in the organic food industry. This organic food research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The organic food market size has grown rapidly in recent years. It will grow from $244.82 billion in 2023 to $279.19 billion in 2024 at a compound annual growth rate (CAGR) of 14.0%. The expansion observed in the historical period can be linked to an increasing awareness of the advantages associated with organic products, a rise in instances of food poisoning, robust economic growth in emerging markets, the impact of digital media marketing and social media, and the influence of the COVID-19 pandemic.

The organic food market size is expected to see rapid growth in the next few years. It will grow to $489.75 billion in 2028 at a compound annual growth rate (CAGR) of 15.1%. The anticipated growth in the forecast period can be ascribed to the increasing number of health-conscious consumers, demographic shifts in emerging markets, a rise in the penetration of organized retail, and the growth of specialist organic food retailers in developed economies. Significant trends expected in the forecast period include efforts to enhance labeling and packaging, exploration of opportunities for investment in new product launches, the utilization of artificial intelligence (AI) for organic farming, the development of zero-calorie soft drinks, an emphasis on expanding product portfolios, and a focus on upcycled food.

The organic food market is experiencing growth driven by increasing health concerns related to the rising number of chemical poisoning cases globally. This trend is influenced by consumers' growing awareness of the adverse effects caused by chemical pesticides present in conventional food products. The toxicity associated with chemical pesticides in food items has been linked to health issues such as cancer, hormone disruption, and birth defects. According to a UN report, approximately 200,000 people lose their lives each year due to the toxic effects of pesticides found in food products. Consequently, consumers are shifting their preferences towards organic food products to mitigate these health risks.

The organic food market faces a constraint due to the comparatively shorter shelf life of organic food and beverages in comparison to conventional products. Research conducted by MSNBC revealed that organic food products generally have a shorter shelf life than their conventional counterparts. Moreover, studies indicate that certain organic foods may have higher levels of bacteria than conventional products, leading to quicker spoilage. Since organic food is not exposed to the same level of preservatives as conventional food, it becomes more susceptible to bacterial attacks, resulting in a limited shelf life. For instance, organic food items such as turnip greens, mustard greens, and endive exhibit a very short shelf life, with a shrinkage percentage of 50%. Consequently, the organic food market is confronted with challenges related to high packaging, logistics, and distribution costs required to extend the shelf life of organic products.

The organic food market is subject to regulation by authorities such as the US Food and Drug Administration (FDA) and the European Food Safety Authority (EFSA) to uphold high-quality standards for food products. For instance, EFSA oversees the prevention of misleading nutritional information on product labels in the EU. Periodic checks conducted by EFSA assess the accuracy of nutritional value labeling. Strict food labeling regulations have been established by regulatory authorities to ensure transparency and efficacy within the organic food market.

Companies operating in the organic food market are directing their efforts towards introducing new product categories and varieties. Manufacturers in the organic food sector are innovating with the introduction of diverse organic products, including ready-to-eat snacks, cookies, organic tea, pulses, spices, edible flowers, frozen waffles, medicinal plants, herbs, and organic juices. For instance, Lidl, an organic grocery chain, is launching 28 new and innovative organic food products. Similarly, Nestle has plans to introduce new and innovative organic milk products in the Indian market.

Leading companies in the organic food market are emphasizing the introduction of organic plant-based coatings to enhance their competitive position. Organic plant-based coatings, derived from plant substances, serve to protect fruits and vegetables against oxidation, moisture loss, and other environmental challenges. In August 2022, AgroFresh Solutions, Inc., a US-based AgTech company specializing in agricultural technologies, unveiled VitaFresh Botanicals Life Select. This organic plant-based coating aims to prevent food loss and waste by preserving the freshness of produce for an extended period, reducing dehydration, maintaining weight, and ensuring freshness throughout the supply chain. The new coating has obtained CAAE organic certification following Regulation (EU) 2018/848 on organic production and is supplied in reusable containers.

Major companies operating in the organic food market report are Danone S.A, The Kroger Co, General Mills Inc., The Hain Celestial Group Inc., Organic Valley, United Natural Foods, Inc., Dole Food Company, Amy's Kitchen, Inc., Riverford, Conagra Brands, Inc., Ambrosia Organic Farm Pvt Ltd., Aryavarta Organics Pvt. Ltd. , Bansi Gir Gauveda, Geo-Fresh Organic, Nature Bio Foods Ltd. , Nature Pearls Private Limited., Inner Mongolia Yili Industrial Group, Abbott Nutrition International, Bellamy's Organic Food Trading (Shanghai) Co. Ltd., Beijing Huiyuan Food and Beverage Co. Ltd., Parkers Organic Juices, Pepsi Lipton International, Sresta Natural Bioproducts Pvt. Ltd., 24 Mantra Organic, Ausnutria Dairy (China) Company Ltd., Hangzhou Wahaha Group Co, Unilever, TheFoodMarket Refresco Beverages UK Ltd., James White Drinks Ltd., Farmdrop, Better Nature, Dash Water, Piccolo, Little Tummy, GrowUp Urban Farms, farmhopping, Olly's Olives, Nutrition & Sante Iberia, S.L. Alnatura Produktions & Handels GmbH, Yeo Valley Organic, Anheuser-Busch InBev, Royal Forest Company, Grass LLC, Individual Entrepreneur (Ie) Maslov D.V., Nuttys LLC, Foodimport LLC, Siberian Ecological Products LLC, Chechenskiye Mineralniye Vody LLC, Barinoff drinks, Austria Juice, Laurul SA, Whole Foods, Impossible Foods, Daiya Foods, Gardein, Ripple Foods, SmartSweets, Fody Food, Sustainable Produce Urban Delivery, Mother Raw, Lufa Farms, Coca Cola, PepsiCo, Honest Tea, Suja Life, Keurig Dr Pepper, Uncle Matt's Organic Inc., GURU, Bec Soda Inc., Las Brisas SA, Maoar SRL, Be Ingredient, BRAVO Acai, Fhom, Floresta em pe, Gluten Free, Goola Acai, Siha & Afia International FZCO, Organic Foods & Cafe, Arla Foods, Rockstar, Arizona Beverages Company, GoOrganic ME, Kauai, Ooka, Sunspray Food Ingredients, De Villiers Chocolate, NWK, Natural Herbs and Spices, Umgibe Farming Organics, Malewa, The Woodstock Exchange Growafricaare

North America was the largest region in the organic food market in 2023. Western Europe was the second largest region in the global organic food market. The regions covered in the organic food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the organic food market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain

The organic food market consists of sales of crackers, processed drinks, and frozen meals. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Organic Food Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on organic food market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for organic food? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The organic food market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Product Type: Organic Meat; Poultry & Dairy; Organic Fruits & Vegetables; Organic Bread & Bakery; Organic Beverages; Organic Processed Food; Other Organic Products
• 2) By Application: Conventional Retailers; Natural Sales Channels; Other Applications
• 3) By Distribution Channel: Supermarkets/Hypermarkets; Convenience Store; Specialty Stores; Online Stores
• Companies Mentioned: Danone S.A; The Kroger Co; General Mills Inc; The Hain Celestial Group Inc; Organic Valley
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: PDF, Word and Excel Data Dashboard.