Organic Food Market

Organic Food Market Research, 2032

Organic Food Market size was USD 182.18 billion in 2021 and projected to grow from USD 232.3 billion in 2023 to USD 705.4 billion by 2032, exhibiting a CAGR of 13.1% during the forecast period.

Organic denotes to the farming methods that does not involve the use of chemical pesticides, fertilizers or any artificial chemicals which maintains a harmonious relationship between the elements of ecosystem. Organic food production retains the health of soil, people and thereby the ecosystem. Organic agriculture involves the innovation, tradition along with preserving the environment. Organic foods are produced using the soil which is certified as organic and retains all the nutritional content without the use of external chemical products for a duration of three years prior to harvest. The meat and dairy products along with few processed foods are also included as organic products considering the nature food animals are fed with without the use of antibiotics and growth hormones.

Market Highlights

Organic Food Market is expected to project a CAGR of 13.1% during the forecast period, 2022-2032

Organic Food Market is expected to reach USD 705.4 billion, growing at a CAGR of 13.1% during forecast period owing to the increasing demand and requirement of organic food which are chemical-free without the use of pesticides, fertilizers etc. which can harm the body due to regular consumption. The organic nature of the food aids in maintaining the healthy living conditions of individuals. Increasing awareness on health and the advantages associated with the use of organic food is expected to drive the market.

Organic Food Market Segmentation:

Fruits & vegetables segment is expected to grow with high CAGR during the forecast period

Organic Food Market is classified based on the Category into Fruits and vegetables, Meat, fish and poultry, Dairy products, Frozen foods, Others. Fruits and vegetables segment dominated the market in the 2021 and is expected to dominate the market in the forecast period owing to the presence of a good disposable incomes and high demand for organic fruits and vegetables and increasing demand for the consumption of organically grown fish and poultry products and this demand is expected to boost the market growth during the forecast period.

Supermarkets segment expected to grow during the forecast period

Organic Food Market is classified based on the Distribution Channel into Convenient Stores, Online Retail Stores, Speciality Stores, Supermarkets, Others. Supermarkets segment dominated the market in the 2021 owing to the presence of several brands and product varieties at single place and the ease of selecting organically grown food products easily. Online retail stores segment is expected to dominate the market in the forecast period owing to the availability of home delivery, flexibility in shopping which may boost the growth of the segment in the Organic Food Market.

Market Dynamics:   

Growth Drivers

Growing Demand for Organic Products is Expected to Boost the Growth of the Market  

The new product launches and the availability of several organically grown food products by the key market players in developing countries may boost the growth of the market.

The increasing acceptance of new innovative organic food products launched by the new players is also expected to boost the market growth. The awareness in people on consuming organically grown food products is increasing due to the rising health consciousness and high availability of necessary minerals in the organic food. Organic food products are produced in a natural way without the use of preservatives and harmful chemicals which does not cause harm to the body and is anticipated to boost the growth of the market.

Increasing Concerns on Environment is Expected to Boost the Market Growth

The demand for organically grow crops is increasing as there are free from toxins and help in maintaining proper health conditions. The animals used in farming of organic products are not injected with any growth-related hormones or antibiotics which is expected to create demand for the growth of the organic food products. Organic products are free of poisonous chemical content which may impact the health severely. The rising concern on environment is expected to boost the demand for organic farming.

Restraint

Restricted Shelf Life of the Products May Restrain the Growth of the Market

Generally, organic food products are expensive owing to their limited supply which may hamper the market growth. The high costs of production due to the requirement of labour and low yield may restrain the growth of the market. The chances of food spoilage is high due to the absence of preservatives, thus having shorter lifespan which may impede the growth of the market.

Recent Developments:

• In June 2022, Sprout Organic Inc. partnered with Amazon, to provide its plant-based organic baby food to consumers.
• In May 2022, Indian-origin MNC, Organic India, introduced new organic tea products like Peppermint Refresh, Tulsi Detox Khawa etc.

Key Players Covered:

• Organic India Pvt. Ltd.
• Whole Foods Market
• General Mills Inc.
• Clif Bar & Company
• Amy's Kitchen, Inc. 
• Danone S.A.
• Organic Valley
• Frito-Lay 
• Eden Foods Inc 
• Dole plc.
• Hain Celestial Group, Inc
• Arla Foods Amba
• Newman’s Own, Inc.
• The Kroger Co., Inc.
• SunOpta Inc
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Regional Analysis

Organic Food Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. North America dominated the market in 2021 and is expected to continue its dominance in the forecast period owing to the increasing demand for organic food products in the countries of this region which is expected to boost the market growth. The increasing support by the government in this region to follow organic farming to meet the growing demand may boost market growth. The growing popularity of vegan diet along with the advantages associated with adoption of this diet is expected to boost the market growth.

Organic Food Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA.

Organic Food Market Scope and Segments:

Frequently Asked Questions (FAQ):