Organic Food Market to Grow at CAGR 14% till 2021
Expanding urban population base, rising health
concerns, growing consumer spending on food products and deteriorating food quality
to drive global organic food market through 2021
According to TechSci
Research report, “GlobalOrganic Food Market By Product Type, By
Region, Competition Forecast and
Opportunities, 2011 – 2021”, global organic food market is projected to grow
at a CAGR of over 14%, during 2016-2021, on account of rising disposable income
coupled with growing awareness among consumers about health benefits of
consuming organically produced food. Additionally, rising internet penetration,
aggressive marketing strategies by major companies and easy availability of
these food products on the back of robust distribution network are projected to
boost sales of organic food across the globe. In 2016, about 43.7 million hectares of agricultural land was under
organic cultivation, which was managed by over 2.3 million producers across the
globe. Moreover, leading players operating in global organic food market are
offering these products in environment friendly packaging to lure consumers.
Browse 60
market data Tables and 82Figures spread through 200 Pages and an
in-depth TOC on "Global Organic Food Market"
https://www.techsciresearch.com/report/global-organic-food-market-by-product-type-organic-meat-poultry-and-dairy-organic-fruits-and-vegetables-organic-processed-food-etc-by-region-europe-north-america-asia-pacific-etc-competition-forecast-and-opportunities/833.html
North America and Europe dominated global organic
food market and accounted for a cumulative revenue share of around 80% in 2015.
These regions are expected to generate significant demand for organic food
products through 2021, due to rising disposable income levels and well developed
distribution network to ensure availability of a wide variety of organic food
products. Additionally, organic fruit &
vegetables dominated global organic food market in 2015, as these products are
cultivated without the use of chemical fertilizers and pesticides. However,
demand for organic processed food is anticipated to grow at a robust pace
during the forecast period, on account of changing lifestyles, rising working
women population base and scarcity of time. White Wave Foods, Hain Celestial, General Mills,
UNFI, Sprouts Farmers Market and Edeka Group are few of the major players operating in the global organic food market.
Download
Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=833
Customers can also request for 10% free
customization on this report.
“Increasing
average household annual spending on food, rising awareness about health benefits
associated with organic foods, greater accessibility of these products through small
to medium scale retailers, continuous development in supply chain network and implementation
of initiatives to encourage farmers to switch to organic farming are projected
to fuel organic food sales across the globe. Additionally, a number of organic
food manufacturers are also complying with international standards and are labelling
their products accordingly in order to increase acceptability of these products
across the globe.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global Organic
Food Market By Product Type, By Region,
Competition Forecast and Opportunities, 2011 – 2021’’ has
evaluated future growth potential of global organic food market and provides
statistics and information on market structure, size, share and future growth.
The report is intended to provide cutting-edge market intelligence and help
decision makers to take sound investment evaluation. Besides, the report also
identifies and analyzes emerging trends along with essential drivers,
challenges and opportunities present in global organic food market.
About TechSci Research
TechSci Research
is a leading global market research firm publishing premium
market research reports. Serving 700 global clients with more than 600 premium market
research studies, TechSci Research is serving clients across 11 different
industrial verticals. TechSci Research specializes in research based consulting
assignments in high growth and emerging markets, leading technologies and niche
applications. Our workforce of more than 100 fulltime Analysts and Consultants employing
innovative research solutions and tracking global and country specific high
growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]