Newman’s Own Inc. Leading Global Organic Food Market in 2016
Growing
environmental concerns, increasing health consciousness and rising awareness
regarding health benefits of organic food to drive global organic food market
through 2022
According to a TechSci
Research report, “Global Organic Food Market
By Product Type, Competition
Forecast & Opportunities, 2012 – 2022”, the global organic
food market is projected to grow at a CAGR of over 16% during 2017 – 2022, on
account of aggressive marketing by manufacturers and online retailers of
organic products, increasing visibility as
well as accessibility, rising disposable income and growing awareness among
consumers about benefits of organic food. In addition, widening distribution channels,
especially in retail formats, coupled with increasing incidences of pesticide
poisoning are expected to positively influence global organic food market in
the coming years.
Browse 59
market data Tables and 82 Figures spread through 205 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
Globally, organic food production stood at 280 million
metric tons in 2016, and it is projected to reach 308 million metric tons by
2021. Growing organic farming and increasing proliferation of organic food in
food services is motivating the governments of many countries across the world
to take initiatives to promote and encourage the use of organic products.
Governments in various countries have also laid down policy & regulatory framework
to maintain the quality of the crops used in organic farming.
Global organic food market can be broadly segmented
into six categories, namely, organic meat, poultry & dairy;
organic fruits & vegetables; organic bread & bakery; organic beverages;
organic processed food; and other organic products. Among these categories, organic fruits & vegetables dominated the global
organic food market in 2016 owing to their high
production and wide consumption. Growing
consumer awareness about benefits of consuming organic fruits & vegetables
that contain protective antioxidants, less pesticide residue and low level of
toxic metals such as cadmium than conventional fruits & vegetables is
anticipated to boost demand for organic fruits & vegetables across the globe
in the coming years.
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“Increasing
health concerns due to growing incidences of lifestyle diseases such as
diabetes, blood pressure, heart problems, etc., and rising awareness about
harmful effects of consumption of synthetic ingredients and pesticides is
boosting demand for organic food across the globe. With an aim to expand the
consumer base, leading players operating in global organic food market are taking
various initiatives with respect to increasing consumer awareness, product
innovation, adopting environment friendly packaging, etc., and all these
factors are expected to have a significant positive impact on the global
organic food market in the ensuing years .” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“Global Organic Food Market By Product Type, Competition
Forecast & Opportunities, 2012 – 2022” has
evaluated the 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 take sound investment evaluation. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities present in the global organic food market.
About TechSci Research
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