The global organic food market is predictable to grow at a CAGR of 16% during the estimated period. The market is anticipated to surpass USD 278.2 billion by 2031, from USD 92.1 billion in 2020.

In today's world, where everything is driven by cutting-edge technology, farmers are returning to centuries-old agricultural practices for the better good of humanity on this planet. This has been necessitated by a new generation of health-conscious consumers who are deeply concerned about the toxic effects of chemicals and other food additives. As a result, farmers are now reviving age-old farming practices to grow what is known as organic food. Anything from the seed to the soil or water to the final product is fresh and free of pesticides, chemicals, and fertilizers.

IMPACT OF COVID-19 ON THE GLOBAL ORGANIC FOOD MARKET

This year's unprecedented COVID-19 pandemic – and its tremendous effect on our daily lives – has already had a profound impact on the organic market in 2020. Organic food is showing to be the food of choice for shoppers looking for safe, clean food to feed their at-home families. Never before has the food we provide for our families been more important, and shoppers have steadily gravitated toward the reputable Organic label. Demand has exploded in a number of high-growth organic groups. Organic produce prices, for example, increased by more than 50% in the early days of kitchen keeping and then increased by more than 20% in the spring of 2020. Other segments facing slower growth have seen significant increases in demand: the glut of supermarkets boosted demand for organic milk, for example, and sales of organic eggs soared. Organic packaged and frozen meals saw double-digit growth as shoppers increased their at-home meal planning. Though interest in organics has grown in recent years, its popularity is not new. Consumers are consuming more organic food and goods than at any point in history. The COVID-19 crisis has also demonstrated agriculture's and food systems' resilience, adaptability, and inventiveness – particularly in Africa.

GLOBAL ORGANIC FOOD MARKET INFOGRAPHICS

Source: ThinkWise Intelligence Analysis

GLOBAL ORGANIC FOOD MARKET DYNAMICS

MARKET DRIVER: GROWTH IN RESPONSIVENESS REGARDING THE ADVANTAGES OF ORGANIC FOOD

Increased understanding of the benefits of organic food and beverage consumption is projected to drive consumer development in the near future. Additionally, rising income levels, rising standards of living, a rise in environmental issues, and an increase in health hazard diseases caused by inorganic diets are some of the market's other driving forces. The influence of these drivers is expected to rise rapidly in the coming years as consumers' health issues grow. Increased understanding of the benefits of organic food and beverage consumption is projected to drive consumer development in the near future. Additionally, rising income levels, rising standards of living, a rise in environmental issues, and an increase in health hazard diseases caused by inorganic diets are some of the market's other driving forces. The influence of these drivers is expected to rise rapidly in the coming years as consumers' health issues grow. Numerous consumers have begun to place a premium on the nutrient content and nature of the food they consume, resulting in an increase in demand for organic products. Additionally, consumer spending on health and wellbeing goods has risen considerably as a result of factors such as robust economic growth, urbanization, and increasing income levels.

MARKET RESTRAINT: HIGH PRICE AND LOW SHELF LIFE OF ORGANIC PRODUCTS

Several of the market's constraints include the high cost of organic ingredients and the short shelf life of organic food and drink in addition to traditional foods. Organic drinks are more costly than their conventional counterparts, but they are more likely to garner positive expectations from shoppers who value a healthy lifestyle over high premium rates. Additionally, private investors and the government are increasing their investments in the organic food and beverage industry, creating opportunities for the organic food and beverage market to thrive. Prices of organic food and drinks are projected to fall in the coming term as technology advances and soils become more adaptable to organic farming.

MARKET OPPORTUNITY: GROWING POPULARITY OF ORGANIC PRODUCTS

Demand is expected to be driven by the growing popularity of organic goods among consumers, owing to the health benefits associated with their use. Additionally, legislative support for organic farming improvement is expected to have a direct effect on the industry by increased commodity consistency during the forecast period. Globally the ethnic diversity has resulted in an increase in market demand for hot flavors and savory products over the last few years. The evolving movement toward convenient packaging has created ample opportunity for food packaging creativity and the introduction of numerous blends of flavored seasonings across a variety of categories, including sauces, dips, dressings, and pickles.

MARKET THREAT: AFTER-EFFECTS OF CONVENTIONAL FARMING

The negative consequences of traditional agricultural activities far outweigh their positive outcomes. Ocean pollution is one of the unintended consequences of organic cultivation, along with pesticide-resistant weeds, degraded soil productivity, rampant human pathogens, costly cleanups, and dead zones. Long-term, regulatory funding for biological farming and supply exchange controls are likely to have a beneficial effect on the industry.

KEY TRENDS IN THE GLOBAL ORGANIC FOOD MARKET

GLOBAL ORGANIC FOOD MARKET TRENDS, BY PRODUCT

"During the forecast period, the Organic Food market for food retailer segment is expected to dominate the global market."

Organic fruits and vegetables emerged as the fastest growing market, expanding at a compound annual growth rate over the projected period. Organic vegetable consumption began in developed regions such as Europe and North America and has since spread to emerging nations such as India and China. Europe and North America are the two regions with the highest consumption of organic foods.

GLOBAL ORGANIC FOOD MARKET TRENDS, BY RETAIL CHANNEL

"During the forecast period, the Organic Food market for food retailer is expected to dominate the global market."

Based on retail channel, the global organic food market is segmented into farmer markets, supermarkets, online sales, food retailers, and other channels. By 2020, it is projected that the grocery store segment will account for the lion's share of the global organic food industry. This market's size is primarily due to the customer interest and convenience for retail outlets, as well as the demand for online shopping via mobile apps. Organic vegetable consumption began in developed regions such as Europe and North America and has since spread to emerging nations such as India and China. Europe and North America are the two regions with the highest consumption of organic foods.

GLOBAL ORGANIC FOOD MARKET TRENDS, BY REGION

" North America holds the dominant share in the global market."

North America accumulated the highest volume market share in 2020 and is projected to continue expanding rapidly in the immediate future. The scarcity of farmland suitable for organic farming in the United States, Australia, and Argentina has compelled regulators to adopt supportive policies aimed at increasing organic food production. As a result of the demand for organic foods and regulatory support, the organic food and beverage industry is projected to rise at a positive rate during the forecast period. The organic foods and beverages industry in Asia Pacific is projected to expand at a rapid pace, owing to rising affluence and customer disposable income. Additionally, rising market understanding of health issues and advancements in biological farming techniques are expected to fuel regional commodity demand over the next few years.

COMPETITIVE LANDSCAPE IN THE GLOBAL ORGANIC FOOD MARKET

The global Organic Food market is highly diverse and competitive, with many international players and a small number of regional and local players. Whole Foods Market Inc., Cargill, Inc., WhiteWave Foods, Everest, Danone, General Mills, Inc. and United Natural Foods Incorporated are some of the market's major players.

RECENT ADVANCES IN THE GLOBAL ORGANIC FOOD MARKET

• In April 2021, Sharmila Oswal, a seasoned social agriculturist launched of organic aims to bring healthy food to ever table. The brand is a farm to fork concept, and is breaking the myth of organic foods being expensive. Bringing it to the masses rather than restricting it only to high-net-worth individuals by closely working with more than 2000 plus farmers.

CHAPTER 1.    INTRODUCTION
1.1.    KEY OBJECTIVES OF THE STUDY
1.2.    MARKET SCOPE & DEFINITION
1.2.1.    MARKET SEGMENTATION
1.3.    REPORT DESCRIPTION
1.4.    LIMITATIONS
1.5.    STAKEHOLDERS FOR PRIMARY INTERVIEWS

CHAPTER 2.    RESEARCH METHODOLOGY
2.1.    DATA EXPLORATION
2.1.1.    PRIMARY DATA
2.1.1.1.    DATA SOURCES
2.1.1.2.    KEY DATA COLLECTED
2.1.2.    SECONDARY DATA
2.1.2.1.    DATA SOURCES
2.1.2.2.    KEY DATA COLLECTED
2.2.    MARKET SIZE ESTIMATION
2.2.1.    TOP-DOWN APPROACH
2.2.2.    BOTTOM-UP APPROACH
2.3.    DATA BREAKDOWN & TRIANGULATION
2.4.    ASSUMPTIONS & FORECAST PARAMETERS

CHAPTER 3.    EXECUTIVE SUMMARY

CHAPTER 4.    THINKWISE INTELLIGENCE EXCLUSIVE INSIGHTS
4.1.    MARKET ATTRACTIVENESS, BY PRODUCT TYPE
4.2.    MARKET ATTRACTIVENESS, BY RETAIL CHANNEL
4.3.    MARKET ATTRACTIVENESS, BY REGION

CHAPTER 5.    MARKET OVERVIEW
5.1.    INTRODUCTION
5.2.    GROWTH IMPACT FORCES
5.2.1.    DRIVERS
5.2.2.    RESTRAINTS
5.2.3.    OPPORTUNITIES
5.2.4.    THREATS
5.3.    MARKET ECOSYSTEM & VALUE CHAIN
5.3.1.    ECOSYSTEM ANALYSIS
5.3.1.1.    IMPACT OF COVID-19 ON THE MARKET ECOSYSTEM
5.3.2.    VALUE CHAIN ANALYSIS
5.3.2.1.    IMPACT OF COVID-19 ON THE MARKET VALUE CHAIN
5.4.    INNOVATION & SUSTAINABILITY MATRICES
5.4.1.    PATENT MATRIX
5.4.2.    REGULATORY MATRIX
5.5.    PRICE MATRIX
5.5.1.    IMPACT OF COVID-19 ON PRICING
5.5.2.    PRICING ANALYSIS
5.5.2.1.    BY PRODUCT TYPE
5.5.2.2.    BY RETAIL CHANNEL
5.5.2.3.    BY REGION
5.6.    PORTER’S FIVE FORCES ANALYSIS
5.6.1.    BARGAINING POWER OF SUPPLIERS
5.6.2.    BARGAINING POWER OF CONSUMERS
5.6.3.    THREAT OF SUBSTITUTES
5.6.4.    THREAT OF NEW-ENTRANTS
5.6.5.    COMPETITIVE RIVALRY INTENSITY
5.7.    PESTLE ANALYSIS
5.7.1.    POLITICAL
5.7.2.    ECONOMICAL
5.7.3.    SOCIAL
5.7.4.    TECHNOLOGICAL
5.7.5.    ENVIRONMENTAL
5.8.    IMPACT OF COVID-19 ON GLOBAL ORGANIC FOOD MARKET
5.8.1.    PRE-COVID MARKET SCENARIO
5.8.2.    POST-COVID MARKET SCENARIO

CHAPTER 6.    GLOBAL ORGANIC FOOD MARKET ANALYSIS, BY PRODUCT TYPE
6.1.    INTRODUCTION
6.1.1.    GRAIN
6.1.2.    FISH & POULTRY
6.1.3.    BAKERY
6.1.4.    DAIRY
6.1.5.    MEAT

CHAPTER 7.    GLOBAL ORGANIC FOOD MARKET ANALYSIS, BY RETAIL CHANNEL
7.1.    INTRODUCTION
7.1.1.    SUPERMARKET
7.1.2.    FOOD RETAIL
7.1.3.    FARMER MARKET

CHAPTER 8.    GLOBAL ORGANIC FOOD MARKET ANALYSIS, BY REGION
8.1.    INTRODUCTION
8.1.1.    NORTH AMERICA
8.1.1.1.    UNITED STATES (U.S.)
8.1.1.2.    CANADA
8.1.1.3.    MEXICO
8.1.2.    SOUTH AMERICA
8.1.2.1.    ARGENTINA
8.1.2.2.    BRAZIL
8.1.2.3.    COLOMBIA
8.1.2.4.    REST OF SOUTH AMERICA
8.1.3.    EUROPE
8.1.3.1.    GERMANY
8.1.3.2.    FRANCE
8.1.3.3.    UNITED KINGDOM (UK)
8.1.3.4.    RUSSIA
8.1.3.5.    SPAIN
8.1.3.6.    ITALY
8.1.3.7.    SWITZERLAND
8.1.3.8.    REST OF EUROPE
8.1.4.    ASIA-PACIFIC
8.1.4.1.    CHINA
8.1.4.2.    JAPAN
8.1.4.3.    INDIA
8.1.4.4.    SOUTH KOREA
8.1.4.5.    AUSTRALIA
8.1.4.6.    INDONESIA
8.1.4.7.    SINGAPORE
8.1.4.8.    MALAYSIA
8.1.4.9.    REST OF ASIA-PACIFIC
8.1.5.    MIDDLE EAST
8.1.5.1.    EGYPT
8.1.5.2.    KUWAIT
8.1.5.3.    SAUDI ARABIA
8.1.5.4.    UNITED ARAB EMIRATES (UAE)
8.1.5.5.    REST OF MIDDLE EAST
8.1.6.    AFRICA
8.1.6.1.    EGYPT
8.1.6.2.    NIGERIA
8.1.6.3.    SOUTH AFRICA
8.1.6.4.    REST OF AFRICA

CHAPTER 9.    COMPETITIVE LANDSCAPE
9.1.    TOP WINNING STRATEGIES
9.1.1.    BY STRATEGY
9.1.2.    BY REGION
9.1.3.    BY YEAR
9.2.    COMPETITIVE HEATMAP
9.3.    PRODUCT BENCHMARKING
9.4.    STRATEGIC BENCHMARKING
9.4.1.    MERGERS & ACQUISITIONS
9.4.2.    STRATEGIC PARTNERSHIPS & COLLABORATIONS

CHAPTER 10.    PLAYER BENCHMARKING
10.1.    SUMINTER INDIA ORGANICS
10.1.1.    BUSINESS OVERVIEW
10.1.2.    PRODUCT OFFERINGS
10.1.3.    FINANCIAL OVERVIEW
10.1.4.    STRATEGIC BENCHMARKING
10.1.5.    SWOT ANALYSIS
10.2.    WHITEWAVE FOODS CO.
10.2.1.    BUSINESS OVERVIEW
10.2.2.    PRODUCT OFFERINGS
10.2.3.    FINANCIAL OVERVIEW
10.2.4.    STRATEGIC BENCHMARKING
10.2.5.    SWOT ANALYSIS
10.3.    HAIN CELESTIAL GROUP, INC.
10.3.1.    BUSINESS OVERVIEW
10.3.2.    PRODUCT OFFERINGS
10.3.3.    FINANCIAL OVERVIEW
10.3.4.    STRATEGIC BENCHMARKING
10.3.5.    SWOT ANALYSIS
10.4.    GENERAL MILLS INC.
10.4.1.    BUSINESS OVERVIEW
10.4.2.    PRODUCT OFFERINGS
10.4.3.    FINANCIAL OVERVIEW
10.4.4.    STRATEGIC BENCHMARKING
10.4.5.    SWOT ANALYSIS
10.5.    UNITED NATURAL FOODS, INC.
10.5.1.    BUSINESS OVERVIEW
10.5.2.    PRODUCT OFFERINGS
10.5.3.    FINANCIAL OVERVIEW
10.5.4.    STRATEGIC BENCHMARKING
10.5.5.    SWOT ANALYSIS
10.6.    SPARTANNASH COMPANY
10.6.1.    BUSINESS OVERVIEW
10.6.2.    PRODUCT OFFERINGS
10.6.3.    FINANCIAL OVERVIEW
10.6.4.    STRATEGIC BENCHMARKING
10.6.5.    SWOT ANALYSIS
10.7.    AMY'S KITCHEN, INC.
10.7.1.    BUSINESS OVERVIEW
10.7.2.    PRODUCT OFFERINGS
10.7.3.    FINANCIAL OVERVIEW
10.7.4.    STRATEGIC BENCHMARKING
10.7.5.    SWOT ANALYSIS
10.8.    DEAN FOODS COMPANY
10.8.1.    BUSINESS OVERVIEW
10.8.2.    PRODUCT OFFERINGS
10.8.3.    FINANCIAL OVERVIEW
10.8.4.    STRATEGIC BENCHMARKING
10.8.5.    SWOT ANALYSIS
10.9.    STARBUCKS CORPORATION
10.9.1.    BUSINESS OVERVIEW
10.9.2.    PRODUCT OFFERINGS
10.9.3.    FINANCIAL OVERVIEW
10.9.4.    STRATEGIC BENCHMARKING
10.9.5.    SWOT ANALYSIS
10.10.    VALLEY CROPP COOPERATIVE
10.10.1.    BUSINESS OVERVIEW
10.10.2.    PRODUCT OFFERINGS
10.10.3.    FINANCIAL OVERVIEW
10.10.4.    STRATEGIC BENCHMARKING
10.10.5.    SWOT ANALYSIS

CHAPTER 11.    APPENDIX
11.1.    PREMIUM INSIGHTS FROM INDUSTRY EXPERTS
11.2.    RELATED REPORTS