Organic Food Market - Global Industry Size, Market Share, Trends, Analysis And Forecasts 2012 - 2018
- Transparency Market Research
- July 2013
- Food
- 0 pages
Report Description
Being the largest economy in the world, the U.S. market provides
sizeable opportunities for expansion of the organic food industry. Some of
the major factors contributing towards the growth of this market are
increased concerns of people towards health issues, environmental
protection, food safety, animal welfare, and increasing use of natural and
organic products.
Demand for organic food products is expected to grow with time.
Government funding and involvement of private limited companies in the
organic food market is also expected to fuel the growth of this
sector.
Organic food is produced by farmers who focus on using reusable
resources. Foods are grown on small, family-run farms, and in order to
conserve the soil and water so as to ensure environmental quality for
future generations, the sale of these goods is limited to small grocery
stores and farmers markets. Organic food production emphasizes on
conservation of water and soil, environment concerns, reusable resources,
limiting the use of harmful pesticides and chemicals in food.
The global organic food market is expected to grow from US$ 57.5
billion in 2010 to US$ 104.7 billion in 2015 at an estimated CAGR of 12.9%.
Economies like North America is expected to grow at a CAGR of 12% from 2010
to 2015 and Europe has the largest market share with revenue of $28
billion. The Rest of the World (ROW) which includes Latin America,
Australasia, and others is expected to grow at the highest CAGR of 16.5
%.
The global organic food market is growing due to increasing concerns
for improving overall health, rising consumer awareness about organic food
benefits, increased organic farming in the world, increasing number of
retailers providing a variety of organic products and implementation of
government regulations. But, demand for organic foods is concentrated in
countries where consumers have high purchasing power like Japan and South
Korea. Moreover, high prices and lack of information on availability of
products, undeveloped infrastructure and logistics and dealing with
certification in emerging economies are the factors restraining the market
from growing.
Developing the organic value chain, success in product innovation,
focusing especially on product quality and packaging, increasing earning
capacity and concerns for overall health and development in the retail
sector is helping the organic market to grow significantly. However, key
companies like EARTH\'S BEST, AMY\'S KITCHEN, GREEN & BLACK\'S, 365
EVERYDAY VALUE/WHOLE FOODS and ORGANIC VALLEY have to analyze the changing
consumer tastes and eating habits and also the changing global economic
situation resulting in diverse consumption patterns and legislative
guidelines.
Market Segmentation
- Fruits and Vegetables
- Beverages
- Dairy
- Packaged Food
- Bread and Grains
This research report on the organic food industry analyzes the market
based on its segments and major geographies. It is a comprehensive study of
current market trends, growth drivers, restraints, and market
projections.
This report includes an analysis of the recent technological
improvements in this market, Porter’s five force model analysis, and
complete company profiles of the top industry players. It also includes a
review of the micro and macro factors essential for the existing market
players and new entrants with value chain analysis.
The major geographies analyzed under this market research study are
North America, the Asia-Pacific, Europe, and the Rest of the World.
Some of the major players in this industry are Hain Celestial Group
Inc., United Natural Foods Inc., Spartan Stores Inc, AMCON Distributing
Co., Whole Foods Market Inc., Dean Foods, The Kroger Co., Amy’s
Kitchen, Inc, Clif Bar & Company, Dole Food Co., Inc., EVOL Foods,
Frito-Lay, Newman’s Own, Inc., Organic Valley, Stonyfield Farm, Inc.,
and others.
Reasons for Buying this Report
- This research report includes an overview of factors driving and restraining market growth
- It provides a technological growth map over a time and explains its impact on the industry
- It provides an overview of the market and its future
- It helps in making informed business decisions based on in-depth analysis of the market
- It provides detailed analysis of the major competitors and their market strategies
- It helps in understanding the competitive environment
- It helps to understand the changing competition dynamics and keep ahead in competition
- It provides a seven year forecast assessed on the basis of how the market is predicted to grow
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