Global Organic Food Market: Industry Analysis & Outlook ( )
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1 Industry Research by Koncept Analytics Global Organic Food Market: Industry Analysis & Outlook ( ) July
2 Executive Summary Organic food is a type of agricultural product, which is grown and processed in a certified organic farmland. Consumption of organic food provides various health benefits to an individual including enhancing energy levels, improving the immune system, reducing chances of developing the food borne disease and so on. It could be classified into six key product categories including fruits & vegetables, prepared food, dairy, beverages, bread & grain and meat, fish and poultry. The value chain of an organic food market comprises of producer, processor, exporter, importer, wholesaler, retailer and final consumers. The U.S. emerged as a major region for the organic food market mainly due to increasing awareness amongst the youngsters and millennium populace about health benefits of organic food and increasing number of domestic agriculturalists engaged in organic farming. The global organic food market is expected to grow with increasing youth population, rising females in the workforce, accelerating economic growth, mounting e-commerce retail sales and increasing healthcare awareness. Key trends and developments of this market includes rising penetration of organic food supermarkets in Europe, market consolidations, increasing demand for gluten free food, developing preference for vegan or vegetarian diet in Europe and technological advancement and developments. However, there are some factors which can hinder growth of the market including stringent regulations, absence of motivating forces for farmers and inefficient supply chain. The report by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers, key tends & developments and challenges of the market, covering the U.S., Europe, Asia Pacific along with the global market. The report profiles the key players of the market including Nestlé S.A., Danone S.A., Ebro Foods, S.A. and Koninklijke Wessanen N.V. 2
3 Growth of the global organic food market would be supported by increasing youth population, rising females in the workforce, Global Organic Food Market Value Forecast ( ) The global organic food market is expected to reach US$ billion in the year 2022, increasing from US$ billion in the year 2018 at a CAGR of..%, for the period spanning In 2017, the fruits & vegetables segment held the..% market share, followed by the prepared food and dairy segment with..% and..% shares, respectively. By region, the U.S. held the market share of..% followed by Europe and Asia Pacific with..% and..% shares in 2017, respectively. Global Organic Food Market Value by Segments (2017) Global Organic Food Market Value by Region (2017) Fruits & Vegetables Prepared Food Dairy Beverages Bread & Grain Meat, Fish & Poultry The U.S. Europe Asia Pacific RoW 3
4 Growth in major regional markets i.e. the U.S., Europe and Asia Pacific would be supported by increasing demand for gluten free food, developing preference for vegan or vegetarian diet in Europe The U.S. Organic Food Market Value Forecast ( ) The U.S. organic food market is anticipated to reach US$.. billion in the year 2022, increasing from US$.. billion in the year 2018, at a CAGR of..%, for the period spanning In 2022, the organic food market of Europe is predicted to reach US$.. billion, growing from US$.. billion in 2018, at a CAGR of..%, for the period spanning The organic food market of Asia Pacific is expected to reach US$.. Billion in 2022, rising from US$.. billion in 2017, at a CAGR of..%, for the period spanning Europe Organic Food Market Value Forecast ( ) Asia Pacific Organic Food Market Value Forecast ( )
5 Contact Us: Disclaimer This is a licensed product of Koncept Analytics. You cannot reproduce, publish, distribute, publicly display, sell or create other works from this report or use them in any way for commercial purpose without our prior permission. Further, you cannot copy this material, by any means (including electronic copies), for distribution to others unless you have purchased the corporate license of this report. We believe the sources are reliable, but Koncept Analytics does not warranty the accuracy or completeness of the data. The data presented in the report is updated at the publication date but is subject to change at subsequent releases. All possible efforts have been made to ensure accuracy of data. However, investors should not completely rely on the information given in this report and must make decisions based on their own investment strategy, risk management and capital adequacy. Koncept Analytics CS-36, First Floor, Ansal Plaza Vaishali, Ghaziabad, U.P T: M: vikas@konceptanalytics.com 5
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