The report titled Global Organic Fruit and Vegetable Market has recently been added by Absolute Markets Insights to get a stronger and more efficient business outlook. It provides in-depth analysis of different attributes of industries such as trends, policies and clients operating in multiple regions. Analysts have used qualitative and quantitative analysis techniques to provide accurate and applicable data to readers, business owners and industry professionals. The global organic fruit and vegetable market is valued at US $ 126.4 billion in 2018 and is expected to grow at a CAGR of 12.0% during the forecast period.
Awareness of the harmful effects of chemicals used in agriculture on humans, animals and the environment has compelled governments to enforce the use of these chemicals and promote the use of alternative agriculture, thus stimulating the growth of the organic fruit and vegetable market around the world. The high number of deaths linked to food poisoning caused by chemicals, including pesticides and fertilizers used in conventional agriculture, has raised concern among government agencies around the world. The negative effects of these chemicals on the soil hamper agricultural products from these degraded lands and the contamination of water sources with these chemicals used in agriculture has further increased the concern of governments.
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Governments of various countries have also launched initiatives to promote organic farming methods as an alternative to conventional farming. For example, in 2019, Paramparagat Krishi VikasYojana (PKVY) of the Government of India (GoI) under which 2 lakh hectares of land are made available for dedicated organic farming which should benefit 5 lakh farmers and promote the reach of organic farming in India. These factors have encouraged new players to enter the organic fruit and vegetable market. For example, in February 2020, Vardan Agrotech announced its intention to launch an organic vegetable brand ânaturewalaâ by the end of 2020 initially with 10 products including tomato, cauliflower, turmeric, ginger, papaya, brinjal, bok choy and lettuce. These initiatives by government entities to control the use of chemicals in conventional agriculture and to promote organic farming are expected to increase the availability of organic food and hence boost the global organic fruit and vegetable market over the course of this period. the forecast period.
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Concerns about artificial ingredients or added preservatives in packaged foods are prevalent among customers. This confusion around pesticides, microbial contamination, and food preservation methods acts as a barrier to consuming organic packaged foods. To overcome this challenge, government agencies are planning strategies to increase the transparency of product information. For example, in January 2019, India joined a group of 50 countries that impose user-friendly labeling for organic products containing information regarding the organic status of the product. These guidelines are expected to overcome the hurdles in organic packaged foods and thus drive the growth of the global organic fruit and vegetable market in the coming years. The study analyzes the market in terms of income in all major regions, which have been divided into countries.
Main conclusions of the report:
â¢ On the basis of type, vegetables held a large share of the global organic fruit and vegetable market due to the high prevalence of vegetables in the daily diet compared to fruits.
â¢ Residential end users have contributed a notable share in the global organic fruit and vegetable market, however, commercial users are expected to witness strong growth during the forecast period due to the increasing trend of restaurants and other catering entities. to focus on organic food
â¢ North America held a remarkable market share in the global organic fruit and vegetable market in 2018. Asia-Pacific is expected to register the highest compound annual growth rate (CAGR) over the next eight years in due to the increase in government initiatives complemented by an increasing purchasing power of the middle class population.
â¢ Some of the players operating in the organic fruit and vegetable market are Anadolu Etap, Anecoop, AUGA, Carmel Agrexco, Galilee Export Ltd., General Mills Inc. (Cascadian Farm Organic), Green Organic Vegetables Inc., Hemvini Organics, MyGreen Mart , Valley Organic, Pragati Gram Fresh Producers Co. Pvt Ltd, Rapid Organic Pvt. Ltd., Ratanpara Overseas, Sahaja Organics, SonderJansen, The WhiteWave Foods Company, and Z Natural Foods, LLC. among others.
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Global organic fruit and vegetable market:
â¢ By type
â¢ By form
â¢ By distribution channel
ï§ Supermarkets / Hypermarkets
ï§ Convenience stores
â¢ By end use
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