This report describes and explains the organic food market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.
The global organic food market reached a value of nearly $215,350.2 million in 2022, having grown at a compound annual growth rate (CAGR) of 11.3% since 2017. The market is expected to grow from $215,350.2 million in 2022 to $412,927.7 million in 2027 at a rate of 13.9%. The market is then expected to grow at a CAGR of 16.7% from 2027 and reach $894,544.7 million in 2032.
Growth in the historic period resulted from rising awareness of the benefits of organic products, increasing cases of food poisoning, strong economic growth in emerging markets, influence of digital media marketing and social media and COVID-19.
Going forward, growing number of health-conscious consumers, demographic shifts in emerging markets, rising penetration of organized retail and growth in specialist organic food retailers in developed economies will drive the growth. Factors that could hinder the growth of the organic food market in the future include high barriers to entry, stringent regulations and the Russia-Ukraine war.
The organic food market 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. The organic fruits and vegetables market was the largest segment of the organic food market segmented by product type accounting for 38.7% of the total in 2022. Going forward, the organic bread and bakery market is expected to be the fastest growing segment in the organic food market segmented by product type, at a CAGR of 14.7% during 2022-2027.
The organic food market is segmented by distribution channel into conventional retailers, natural sales channels and online stores. The conventional retailers market was the largest segment of the organic food market segmented by distribution channel accounting for 68.5% of the total in 2022. Going forward, the natural sales channels market is expected to be the fastest growing segment in the organic food market segmented by distribution channel, at a CAGR of 14.4% during 2022-2027.
The conventional retailers market is segmented by type into supermarkets/hypermarkets, convenience stores, specialty stores and other conventional retailers. The supermarkets/hypermarkets market was the largest segment of the conventional retailers market segmented by type accounting for 47.3% of the total in 2022. Going forward, the other conventional retailers market is expected to be the fastest growing segment in the conventional retailers market segmented by type, at a CAGR of 17.6% during 2022-2027.
Western Europe was the largest region in the organic food market, accounting for 37.9% of the total in 2022. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the organic food market will be Asia Pacific and Middle East where growth will be at CAGRs of 26.7% and 22.4% respectively. These will be followed by South America and Africa where the markets are expected to grow at CAGRs of 19.0% and 18.5% respectively.
The organic food market is highly fragmented, with a large number of small players. The top ten competitors in the market made up to 9.74% of the total market in 2021. Danone S.A was the largest competitor with 2.49% share of the market, followed by The Kroger Co. with 1.82%, General Mills Inc. with 1.44%, The Hain Celestial Group, Inc. with 0.99%, Organic Valley with 0.70%, United Natural Foods, Inc. with 0.67%, Dole Food Company with 0.65%, Amy's Kitchen, Inc. with 0.62%, Riverford with 0.20%, and Conagra Brands, Inc. with 0.17%.
The top opportunities in the organic food market segmented by product type will arise in the organic fruits and vegetables segment, which will gain $76,384.9 million of global annual sales by 2027. The top opportunities in segment by distribution channel will arise in the conventional retailers segment, which will gain $133,071.0 million of global annual sales by 2027. The organic food market size will gain the most in China at $50,778.9 million.
Market-trend-based strategies for the organic food market include focusing on improving labelling and packaging, exploring opportunities to invest in new product launches, leveraging artificial intelligence (AI) for organic farming, developing zero-calorie soft drinks, focusing on expanding product portfolio and focusing on upcycled food.
Player-adopted strategies in the organic food market include catering to the growing demand for natural and organic products through new investments, expanding product portfolio through launch of new products and enhancing business operations through strategic investments.
The global organic food market reached a value of nearly $215,350.2 million in 2022, having grown at a compound annual growth rate (CAGR) of 11.3% since 2017. The market is expected to grow from $215,350.2 million in 2022 to $412,927.7 million in 2027 at a rate of 13.9%. The market is then expected to grow at a CAGR of 16.7% from 2027 and reach $894,544.7 million in 2032.
Growth in the historic period resulted from rising awareness of the benefits of organic products, increasing cases of food poisoning, strong economic growth in emerging markets, influence of digital media marketing and social media and COVID-19.
Going forward, growing number of health-conscious consumers, demographic shifts in emerging markets, rising penetration of organized retail and growth in specialist organic food retailers in developed economies will drive the growth. Factors that could hinder the growth of the organic food market in the future include high barriers to entry, stringent regulations and the Russia-Ukraine war.
The organic food market 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. The organic fruits and vegetables market was the largest segment of the organic food market segmented by product type accounting for 38.7% of the total in 2022. Going forward, the organic bread and bakery market is expected to be the fastest growing segment in the organic food market segmented by product type, at a CAGR of 14.7% during 2022-2027.
The organic food market is segmented by distribution channel into conventional retailers, natural sales channels and online stores. The conventional retailers market was the largest segment of the organic food market segmented by distribution channel accounting for 68.5% of the total in 2022. Going forward, the natural sales channels market is expected to be the fastest growing segment in the organic food market segmented by distribution channel, at a CAGR of 14.4% during 2022-2027.
The conventional retailers market is segmented by type into supermarkets/hypermarkets, convenience stores, specialty stores and other conventional retailers. The supermarkets/hypermarkets market was the largest segment of the conventional retailers market segmented by type accounting for 47.3% of the total in 2022. Going forward, the other conventional retailers market is expected to be the fastest growing segment in the conventional retailers market segmented by type, at a CAGR of 17.6% during 2022-2027.
Western Europe was the largest region in the organic food market, accounting for 37.9% of the total in 2022. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the organic food market will be Asia Pacific and Middle East where growth will be at CAGRs of 26.7% and 22.4% respectively. These will be followed by South America and Africa where the markets are expected to grow at CAGRs of 19.0% and 18.5% respectively.
The organic food market is highly fragmented, with a large number of small players. The top ten competitors in the market made up to 9.74% of the total market in 2021. Danone S.A was the largest competitor with 2.49% share of the market, followed by The Kroger Co. with 1.82%, General Mills Inc. with 1.44%, The Hain Celestial Group, Inc. with 0.99%, Organic Valley with 0.70%, United Natural Foods, Inc. with 0.67%, Dole Food Company with 0.65%, Amy's Kitchen, Inc. with 0.62%, Riverford with 0.20%, and Conagra Brands, Inc. with 0.17%.
The top opportunities in the organic food market segmented by product type will arise in the organic fruits and vegetables segment, which will gain $76,384.9 million of global annual sales by 2027. The top opportunities in segment by distribution channel will arise in the conventional retailers segment, which will gain $133,071.0 million of global annual sales by 2027. The organic food market size will gain the most in China at $50,778.9 million.
Market-trend-based strategies for the organic food market include focusing on improving labelling and packaging, exploring opportunities to invest in new product launches, leveraging artificial intelligence (AI) for organic farming, developing zero-calorie soft drinks, focusing on expanding product portfolio and focusing on upcycled food.
Player-adopted strategies in the organic food market include catering to the growing demand for natural and organic products through new investments, expanding product portfolio through launch of new products and enhancing business operations through strategic investments.
Table of Contents
1. Executive Summary2. Table Of Contents3. List Of Figures4. List Of Tables5. Report Structure18. Competitive Landscape And Company Profiles
6. Introduction And Market Characteristics
7. Major Market Trends
8. Global Market Size and Growth
9. Global Organic Food Market Segmentation
10. Organic Food Market, Regional and Country Analysis
11. Asia-Pacific Market
12. Western Europe Market
13. Eastern Europe Market
14. North America Market
15. South America Market
16. Middle East Market
17. Africa Market
19. Company Profiles
20. Key Mergers And Acquisitions
21. Opportunities And Strategies
22. Organic Food Market, Conclusions And Recommendations
23. Appendix
Executive Summary
Organic Food Global Market Opportunities and Strategies to 2032 provides the strategists; marketers and senior management with the critical information they need to assess the global organic food market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
Description:
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 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. It places the market within the context of the wider organic food market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics
- Key Trends
- Global Market Size and Growth
- Regional Analysis
- Market Segmentation
- Regional Market Size and Growth
- Competitive Landscape
- Key Mergers and Acquisitions
- Market Opportunities and Strategies
- Conclusions and Recommendations
- Appendix
Scope:
Markets Covered:
1) By Product Type: Organic Meat; Poultry and Dairy; Organic Fruits and Vegetables; Organic Bread and Bakery; Organic Beverages; Organic Processed Food; Other Organic Products2) By Distribution Channel: Conventional Retailers; Natural Sales Channels; Online Stores
a) Conventional Retailers By Type: Supermarkets/Hypermarkets; Convenience Stores; Specialty Stores; Other Conventional Retailers
Companies Mentioned: Danone S.A; The Kroger Co; General Mills Inc; The Hain Celestial Group Inc; Organic Valley
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
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; organic food indicators comparison.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Danone S.A
- The Kroger Co
- General Mills Inc.
- The Hain Celestial Group Inc.
- Organic Valley
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 316 |
| Published | April 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 215350.2 Million |
| Forecasted Market Value ( USD | $ 894544.7 Million |
| Compound Annual Growth Rate | 15.3% |
| Regions Covered | Global |
