Chat with us, powered by LiveChat

Loading...

Organic Food Market Report

RA00346

Organic Food Market, by Food Type (Fruit & Vegetables, Meat, Fish & Poultry, Dairy Products, Frozen & Processed Foods and Others), Regional Outlook (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026

RA00346

Pages: 137

Aug 2020

COVID-19

pandemic has shown to have an enormous impact on most
industries.

Click Here to access our comprehensive analysis of the

Impact of covid-19 on Organic Food Market

Organic food market accounted for $162,036.7 million in 2019 and is predicted to generate a revenue of $416,049.7 million by 2027 with a CAGR of 12.4% in the forecast period. North America market accounted for $59,305.4 million in 2019 and is predicted to rise with a CAGR of 13.1% in the forecast period. Increasing demand for organic food among the population is predicted to drive the market in the estimated frame.

Organic food is being produced by various method of farming without using any preservatives or chemicals. The term organic farming is referred to farming by using various organic techniques in the farm. Organic farming involves the use of natural fertilizers like manure to improve plant growth. Moreover, animals raised organically are not given any hormones and are raised giving natural elements.

Increasing awareness among population regarding organic food is predicted to be the biggest driving factor for the global market

Organic food is prepared without using any chemicals. It means that the organic food restricts the use of chemical pesticides, preservatives or fertilizer and are farmed using natural resources. Organic food is being accepted by more and more people due to the presence of multiple benefits, which is predicted to be the major driving factor for the global organic food market in the estimated period. Moreover, improved distribution channel and rise in the income level among the population is predicted to be the one of the biggest driving factors for the global organic food market in the estimated period.

High cost of organic food is predicted to be the biggest restraint for the organic food market

Production cost of the organic food is typically higher because of labor inputs and greater diversity of enterprises. This increases the eventual retail price, which is considered to be the biggest restraint for the global market in the forecast period. Moreover, the shelf life of organic food is very low, which is predicted to hamper the market growth in the estimated period.

Organic Food Market, by Food Type:

Fruits and vegetables segment is predicted to be the most lucrative segment

Fruits and vegetables segment is predicted to be the most lucrative segment

Source: Research Dive Analysis

Fruits and vegetable sub-segment is predicted to have the highest market share in the estimated period. Fruits and vegetable accounted for $63,549.4 million in 2019 and is predicted to rise with a CAGR of 12.1% in the forecast period. Organic fruits and vegetable production prohibits the use of chemical pesticides, chemical fertilizers, or chemical preservatives. Increasing cultivation of various organic fruits and vegetables with the increase in the demand for various organic products across the globe is predicted to boost the segment in the estimated period.

Organic Food Market, by Region:

North America region market is predicted to create opportunities for investors in the estimated timeframe

North America region market is predicted to create opportunities for investors in the estimated timeframe

Source: Research Dive Analysis

North America region market is predicted to have the maximum market share in the estimated period. North America market accounted for $59,305.4 million in 2019 and is predicted to rise with a CAGR of 13.1% in the forecast period. Increasing demand of organic food among the population is predicted to be the biggest driving factor for the global market in the estimated period. Presence of large number of retail shops such as Walmart, Costco and many others is predicted to create more growth opportunity for the investors in the regional market in the estimated timeframe. Asia-Pacific region market is predicted to have maximum growth rate in the forecast period. Asia-Pacific market accounted for $21,712.9 million in 2019 and is predicted to rise with a CAGR of 16.4% in the forecast period. Presence of several manufacturers of organic food is predicted to create more growth opportunity for the investors in the estimated time frame.

Key Participants in the Organic Food Market

Key Participants in the Organic Food Market

Source: Research Dive Analysis

The major key players in the organic food market are Organic Valley., Dean Foods, Dole Food Co., Inc., Newman’s Own, Inc., Whole Foods Market IP. L.P., Frito-Lay, The Kroger Co., Inc. and Clif Bar & Company, among others.

Porter’s Five Forces Analysis for Organic Food Market:

  • Bargaining Power of Suppliers: The switching cost from one supplier to another is projected to be low. The bargaining power of suppliers is moderate.
  • Bargaining Power of Consumers: In this market, the concentration of buyers is high. The bargaining power of consumers is moderate.
  • Threat of New Entrants: Huge initial investments are essential to start a new venture of organic farming. The threat of new entrants is high.
  • Threat of Substitutes: This market has numerous alternatives of products; moreover, technology also offers high switching costs for clients. The threat of substitutes is high.
  • Competitive Rivalry in the Market: The Organic food market has only major players to sell their products and it becomes difficult for small and medium enterprises and local manufacturer to get into the market. The competitive rivalry in the industry is Moderate.

 

Aspect

Particulars

Historical Market Estimations

  2019-2020

Base Year for Market Estimation

  2019

Forecast timeline for Market Projection

  2019-2027

Geographical Scope

  North America, Europe, Asia-Pacific, LAMEA

Segmentation by Food Type

  • Fruit and Vegetables
  • Meat, Fish and Poultry
  • Dairy Products
  • Frozen and Processed Foods
  • Others

Key Countries Covered

U.S., Canada, Mexico Germany, France, UK, Italy, Japan, China, India, South Korea, Australia, Latin America, Middle East, Africa

Key Companies Profiled

  • Organic Valley.
  • Dean Foods
  • Dole Food Co., Inc.
  • Newman’s Own, Inc.
  • Whole Foods Market IP. L.P.
  • Frito-Lay
  • The Kroger Co., Inc.
  • Clif Bar & Company

 


Frequently Asked Questions
 

A. The Kroger Co., Inc. and Amy’s Kitchen are some of the key players in the global organic food market.

A. The Asia-Pacific region possesses great investment opportunities for the investors to witness the most promising growth in the future.

A. Merger & acquisition and advanced product development are the key strategies opted by the operating companies in this market.

A. The Kroger Co., Inc. and Amy’s Kitchen are the companies investing more in R&D activities for developing new products and technologies.

A. Product development is the key strategies opted by the operating companies in this organic food market.

A. Dean Foods and Dole Food Co., Inc. is the company investing more on R&D activities for developing new products and technologies.

1.    Research Methodology

1.1.    Desk Research
1.2.    Real time insights and validation
1.3.    Forecast model
1.4.    Assumptions and forecast parameters

1.4.1.    Assumptions
1.4.2.    Forecast parameters

1.5.    Data sources

1.5.1.    Primary
1.5.2.    Secondary

2.    Executive Summary

2.1.    360° summary
2.2.    Food Type trends

3.    Market Overview

3.1.    Market segmentation & definitions
3.2.    Key takeaways

3.2.1.    Top investment pockets
3.2.2.    Top winning strategies

3.3.    Porter’s five forces analysis

3.3.1.    Bargaining power of consumers
3.3.2.    Bargaining power of suppliers
3.3.3.    Threat of new entrants
3.3.4.    Threat of substitutes
3.3.5.    Competitive rivalry in the market

3.4.    Market dynamics

3.4.1.    Drivers
3.4.2.    Restraints
3.4.3.    Opportunities

3.5.    Technology landscape
3.6.    Regulatory landscape
3.7.    Patent landscape
3.8.    Pricing overview

3.8.1.    By Food Type
3.8.2.    By region

3.9.    Market value chain analysis

3.9.1.    Stress point analysis
3.9.2.    Raw material analysis
3.9.3.    Manufacturing process
3.9.4.    Distribution channel analysis
3.9.5.    Operating vendors

3.9.5.1.    Raw material suppliers
3.9.5.2.    Product manufacturers
3.9.5.3.    Product distributors

3.10.    Strategic overview

4.    Disaster Recovery as a Service Market, by Food Type

4.1.    Fruit and Vegetables

4.1.1.    Market size and forecast, by region, 2019-2026
4.1.2.    Comparative market share analysis, 2019-2026

4.2.    Meat, Fish and Poultry

4.2.1.    Market size and forecast, by region, 2019-2026
4.2.2.    Comparative market share analysis, 2019-2026

4.3.    Dairy Products

4.3.1.    Market size and forecast, by region, 2019-2026
4.3.2.    Comparative market share analysis, 2019-2026

4.4.    Frozen and Processed Foods

4.4.1.    Market size and forecast, by region, 2019-2026
4.4.2.    Comparative market share analysis, 2019-2026

4.5.    Others

4.5.1.    Market size and forecast, by region, 2019-2026
4.5.2.    Comparative market share analysis, 2019-2026
  

5.    Disaster Recovery as a Service Market, by Region

5.1.    North Region

5.1.1.    Market size and forecast, by food type, 2019-2026
5.1.2.    Market size and forecast, by country, 2019-2026
5.1.3.    Comparative market share analysis, 2019-2026
5.1.4.    U.S
5.1.5.    Market size and forecast, by food type, 2019-2026
5.1.6.    Comparative market share analysis, 2019-2026
5.1.7.    Canada
5.1.8.    Market size and forecast, by food type, 2019-2026
5.1.9.    Comparative market share analysis, 2019-2026
5.1.10.    Mexico
5.1.11.    Market size and forecast, by food type, 2019-2026
5.1.12.    Comparative market share analysis, 2019-2026

5.2.    Europe

5.2.1.    Market size and forecast, by food type, 2019-2026
5.2.1.1.    
5.2.1.2.    Comparative market share analysis, 2019-2026

5.2.2.    Germany

5.2.2.1.    Market size and forecast, by food type, 2019-2026
5.2.2.2.    Comparative market share analysis, 2019-2026

5.2.3.    France

5.2.3.1.    Market size and forecast, by food type, 2019-2026
5.2.3.2.    Comparative market share analysis, 2019-2026

5.2.4.    Italy

5.2.4.1.    Market size and forecast, by food type, 2019-2026
5.2.4.2.    Comparative market share analysis, 2019-2026

5.2.5.    Rest of Europe

5.2.5.1.    Market size and forecast, by food type, 2019-2026
5.2.5.2.    Comparative market share analysis, 2019-2026

5.3.    Asia-Pacific

5.3.1.    Market size and forecast, by food type, 2019-2026
5.3.2.    Market size and forecast, by country, 2019-2026
5.3.3.    Comparative market share analysis, 2019-2026
5.3.4.    China
5.3.5.    Market size and forecast, by food type, 2019-2026
5.3.6.    Comparative market share analysis, 2019-2026
5.3.7.    India

5.3.7.1.    Market size and forecast, by food type, 2019-2026
5.3.7.2.    Comparative market share analysis, 2019-2026

5.3.8.    Japan

5.3.8.1.    Market size and forecast, by food type, 2019-2026
5.3.8.2.    Comparative market share analysis, 2019-2026

5.3.9.    South Korea

5.3.9.1.    Market size and forecast, by food type, 2019-2026
5.3.9.2.    Comparative market share analysis, 2019-2026

5.3.10.    Australia

5.3.10.1.    Market size and forecast, by food type, 2019-2026
5.3.10.2.    Comparative market share analysis, 2019-2026

5.3.11.    Rest of Asia Pacific

5.3.11.1.    Market size and forecast, by food type, 2019-2026
5.3.11.2.    Comparative market share analysis, 2019-2026

5.4.    LAMEA

5.4.1.    Market size and forecast, by food type, 2019-2026
5.4.2.    Market size and forecast, by country, 2019-2026
5.4.3.    Comparative market share analysis, 2019-2026
5.4.4.    Latin America

5.4.4.1.    Market size and forecast, by food type, 2019-2026
5.4.4.2.    Comparative market share analysis, 2019-2026

5.4.5.    Middle East

5.4.5.1.    Market size and forecast, by food type, 2019-2026
5.4.5.2.    Comparative market share analysis, 2019-2026

5.4.6.    Africa

5.4.6.1.    Market size and forecast, by food type, 2019-2026
5.4.6.2.    Comparative market share analysis, 2019-2026

6.    Company Profiles

6.1.    Organic Valley

6.1.1.    Business overview
6.1.2.    Financial performance
6.1.3.    Product portfolio
6.1.4.    Recent strategic moves & developments
6.1.5.    SWOT analysis

6.2.    Dean Foods.

6.2.1.    Business overview
6.2.2.    Financial performance
6.2.3.    Product portfolio
6.2.4.    Recent strategic moves & developments
6.2.5.    SWOT analysis

6.3.    Dole Food Co., Inc.

6.3.1.    Business overview
6.3.2.    Financial performance
6.3.3.    Product portfolio
6.3.4.    Recent strategic moves & developments
6.3.5.    SWOT analysis

6.4.    Newman’s Own, Inc.

6.4.1.    Business overview
6.4.2.    Financial performance
6.4.3.    Product portfolio
6.4.4.    Recent strategic moves & developments
6.4.5.    SWOT analysis

6.5.    Whole Foods Market IP. L.P.

6.5.1.    Business overview
6.5.2.    Financial performance
6.5.3.    Product portfolio
6.5.4.    Recent strategic moves & developments
6.5.5.    SWOT analysis

6.6.    Frito-Lay

6.6.1.    Business overview
6.6.2.    Financial performance
6.6.3.    Product portfolio
6.6.4.    Recent strategic moves & developments
6.6.5.    SWOT analysis

6.7.    Clif Bar & Company.

6.7.1.    Business overview
6.7.2.    Financial performance
6.7.3.    Product portfolio
6.7.4.    Recent strategic moves & developments
6.7.5.    SWOT analysis

6.8.    The Kroger Co., Inc

6.8.1.    Business overview
6.8.2.    Financial performance
6.8.3.    Product portfolio
6.8.4.    Recent strategic moves & developments
6.8.5.    SWOT analysis

 

The idea of swapping everyday food items with organic foods has grabbed a lot of attention in the past few years, due to the growing awareness about the need to consume healthy foods and their benefits. Moreover, rising initiatives by big brands and government bodies to promote and support organic food production and consumption is boosting the growth of the organic food sector. In addition, the rise of deadly COVID-19 pandemic has fast-paced the growth of this sector.

Organic foods are the most trending buzz in the food sector these days. Genetically modified organism (GMO)-free food content, nutrient richness, zero growth hormones and antibiotics, less usage of pesticides, enhanced level of freshness, and improved environmental permanence are major reasons for the rising adoption of organic foods.

Organic foods are different from traditionally produced food because these food items are either grown under a natural system without the addition of artificial fertilizers or they are processed and made from organically formed raw materials. 

Growing Demand for Organic Foods

A sudden surge in the health concerns among people and rise in awareness about the health benefits of organic foods have skyrocketed the sales of organic foodstuffs. Moreover, with the growing innovations and rising demand, the organic food sector is yet to experience a full-fledged evolution. Rise in the e-commerce platforms has performed as a catalyst for the organic food sector to reach out to people, and the statistics are only showing an upward drift ever since 2013. 

Millennials are hunting for new choices for an improved lifestyle and healthier living which is also boosting the demand for organic foodstuffs. Moreover, the growing media coverage on organic food trends and healthy eating by bloggers on social media such as Instagram – is inspiring people to adopt a healthy lifestyle.

Recent Trends in the Organic Food Sector

The Government of India is promoting and encouraging organic farming by offering financial support to farmers for adopting organic farming. Numerous government policies such as National Food Security Mission (NFSM), Mission for Integrated Development of Horticulture (MIDH), Mission for Sustainable Agriculture (NMSA), and Rashtriya Krishi Vikas Yojana (RKVY) have been executed to encourage the organic food production. The Indian government has also executed the National Programme for Organic Production (NPOP) which includes approval programs for certification bodies, policies for organic production, promotional campaigns for organic farming, and many more.

Moreover, according to the U.S. Families' Organic Attitudes and Beliefs Survey (2017) survey, America’s 75 million millennials are now consuming organic foods. In addition, people in the age group of 18 to 34 years are the biggest group of organic food purchasers in America. At present, only 25% of millennials are parents, this will rise to 80% in the next 10 to 15 years, which can be a game-changer for the organic food sector. 

Furthermore, as per the 2020 Organic Industry Survey released by the Organic Trade Association, people are consuming more organic foods and using more organic food items than earlier. In March 2019, Symrise, a major producer of flavors and fragrances, has introduced a collection of certified organic, Non-GMO Project verified flavors mainly for millennial consumers. 

Moreover, in May 2019, Nestle India, the World's major food and beverage brand, has announced its foray into the organic food sector. In addition, in April 2020, Arla Foods Ingredients, a foremost whey ingredient provider for baking, infant nutrition, medical applications, dairy, and sports nutrition, has introduced the first-ever organic micellar casein isolate for aiding manufacturers to cope with the demand for natural, organic, and functional protein foodstuffs. Additionally, in July 2020, Phalada Pure and Sure, India’s foremost organic food producer, has developed an amusingly refreshing organic coconut water drink. This newly developed energizer is loaded with vital nutrients and a significant amount of calcium, potassium, electrolytes, and magnesium.

The Way Ahead for the Organic Food Sector

The coronavirus catastrophe has created a sudden rise in the demand for organic and sustainable foods. The sales of organic foods have seen a hefty increase all across the world due to rising awareness about consuming healthy food. 

As per a report by Research Dive, the global organic food market is foreseen to generate a revenue of $4,16,074.6 million by 2027. The only challenge for the organic food sector is to maintain the supply as and when the demand surges even more in the future period. However, it is undeniable that the organic food sector is here to stay for ages and observe growth in the coming years.

Purchase Options

Inquire To Buy

Personalize this research

  • Triangulate with your own data
  • Request your format and definition
  • Get a deeper dive on a specific application, geography, customer or competitor
10% Off on Customization
Contact Us

Customers Also Viewed