The main players in the organic food market are General Mills Inc., Cargill, Inc., Danone, United Natural Foods Inc. and Amy’s Kitchen. The global organic food market is expected to grow by $ 201.
New York, September 30, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Global Organic Food Market Report 2021: COVID-19 Growth And Change To 2030” – https://www.reportlinker.com/p06151556/?utm_source=GNW
$ 77 billion in 2020 to $ 221.37 billion in 2021 at a compound annual growth rate (CAGR) of 9.7%. The growth is primarily driven by businesses resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, the remote work and closure of business activities which resulted in operational challenges. The market is expected to reach $ 380.84 billion in 2025 at a CAGR of 14.5%.
The organic food market consists of the sale of organic food and drink and related services. The production of organic food involves practices that promote ecological balance and aim to conserve biodiversity.
These food products do not use any food additives or industrial solvents.
The Organic Food market covered in this report is segmented by Product Type into Organic Meat, Poultry and Dairy, Organic Fruits and Vegetables, Organic Bread and Bakery, Organic Beverages, Organic Processed Food, and Other Organic Products. It is also segmented by application into conventional retailers, natural sales channels, other and by distribution channel into supermarkets / hypermarkets, convenience stores, specialty stores, online stores.
The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East & Africa.
The short shelf life of organic food and drink compared to conventional food and drink restricts the organic food market. For example, in research conducted by MSNBC, it was reported that the shelf life of organic food products tends to be shorter than that of conventional products. .
Likewise, some researchers have found that many organic foods have higher levels of bacteria than conventional products that cause food spoilage. Since organic foods are not exposed to the same amount of preservatives as conventional foods, organic foods tend to be prone to bacterial attack and have a shorter shelf life.
For example, organic food products like turnip greens, mustard greens and endives have a very short shelf life with a 50% shrinkage percentage. Thus, the high costs of packaging, logistics and distribution to increase the shelf life are limiting the growth of the organic food market.
The organic food market is regulated by authorities such as the United States Food and Drug Administration (FDA) and the European Food Safety Authority (EFSA) to ensure that a high level of product quality is maintained. food. For example, EFSA monitors whether labeling is used to mislead. consumer on the nutrient proportions of a product in the EU.
EFSA carries out occasional nutritional value checks to check whether correct labeling has been used or not. In order to maintain transparency and efficiency, regulatory authorities have developed strict food labeling regulations for the organic food market.
Growing health concerns due to the growing number of chemical poisoning cases around the world are driving the organic food market. Consumers are increasingly concerned about their health because of the harmful effects caused by the presence of chemical pesticides in food products.
The toxicity of chemical pesticides in food products can cause cancer, hormonal disruption and birth defects. According to a UN report, around 200,000 people die each year from the toxic effects of pesticides in food products.
This pushes consumers to focus on organic food products.
Companies in the organic food market are focused on introducing new categories and varieties of products. Organic food manufacturers are offering innovative new organic food products in the form of ready-to-eat snacks, cookies, organic tea, legumes, spices, edible flowers, frozen waffles, herbal remedies, herbs and organic juices.
For example, Lidl, an organic grocery chain offers 28 new and innovative organic food products to choose from. Likewise, Nestlé plans to launch new innovative organic dairy products in India.
The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom and United States.
Read the full report: https://www.reportlinker.com/p06151556/?utm_source=GNW
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