Global Organic Packaged Foods Market Growth, Size, Share and Forecast to 2025
The
global Organic Packaged Foods Market size is expected to
reach USD 77.0 billion by 2025, according to a new report by Grand View
Research, Inc., expanding at a CAGR of 14.3% over the forecast period. Growing
awareness pertaining to health and safety benefits associated with organic
foods on account of supportive government policies for promoting the marketing
and sales of these products in key markets including U.S, Germany, China, and
India. Furthermore, changing lifestyle, increasing number of working class
women, and changing taste preferences of generation Z are projected to remain
key market trends. The busy modern work life consumes a substantial part of the
day, which leaves less time for the household chores and thus, in turn,
increases the dependency on packaged nutritional products.
Organizations
have been eyeing this traction for organic packaged food as an opportunity to
enhance the customer base. Many companies are expanding operations to
incorporate these products in their portfolio. For instance, in May 2019,
Nestle announced its foray into the organic food segment by launching the
cereals under the brand umbrella of Ceregrow.
Similarly,
in 2014, India based startup Jus’ Amazin launched new organic packaged foods.
The company has been marketing with the unique selling proposition of catering
to the needs of people with allergies and dietary restrictions. Jus’Amazin
product portfolio comprises almond butter, peanut butter, cashew butter, and
multi seed butter, which includes watermelon pumpkin, sunflower, and flax seed.
Organizations
have been modifying their strategies to make place for organic products. For
instance, in May, 2019, Japan-based company Oisix ra daichi Inc., acquired U.S.
based company Purple Carrot. The acquisition shows the new approach that
nutritional companies are adopting to thrive in the organic packaged products
industry. With this acquisition, Oisix will be able to leverage their service
and nutritional expertise to capitalize on the better-for-you trend that has
spread across the world.
Browse
Details of Report @
https://www.grandviewresearch.com/industry-analysis/organic-packaged-foods-market
https://www.grandviewresearch.com/industry-analysis/organic-packaged-foods-market
Further
key findings from the report suggest:
- Bakery and confectionery
products accounted for 39.3% share of global revenue in 2018 Snacks and
nutrition bars are expected to expand at the fastest CAGR of 15.1% from
2019 to 2025
- The offline distribution
channel accounted for the largest share of more than 70.0% in 2018
- North America held more
than 50.0% share of the global revenue in 2018
- Some of the key players
operating in the global organic packaged foods market are THE WHITEWAVE;
Hain Celestial; General Mills Inc.; Sresta Natural Bioproducts Pvt. Ltd.;
and Riverford, Amy’s Kitchen.
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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