The Business Research Company’s Ethical Food Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Ethical Food Global Market Report 2023 evaluates ethical food market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global ethical food market is expected to grow from $198,520.7 million in 2027 at a rate of 8.2%. The market is then expected to grow at a CAGR of 7.1% from 2027 and reach $280,020.4 million in 2032.
The growing demand for sustainably packaged food in order to reduce the use of plastics is expected to support the growth of the ethical food market in the forecast period. Sustainable packaging refers to the sourcing, development and use of packaging solutions that have minimal environmental impact and footprint. Consumers are preferring sustainable packaging solutions over plastic packaging due to growing concern for the environment, thereby driving the growth of the ethical food market for ethical food that is sustainably produced. For example, according to a consumer study in July 2022, sustainability is a valuable purchase criterion for 60% of consumers globally, with the US boasting a percentage a little above the global average at 61%.Therefore, the rising demand for sustainably packaged foods will propel the growth of the ethical food market during the forecast period.
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The ethical food market segments in the report are:
1) By Type: Organic And Natural; Fairtrade; Free Range Animal Welfare Friendly And Environmentally Responsible; Sustainably Produced
2) By Mode Of Distribution: Online; Offline
The table of contents in TBRC’s ethical food market report includes:
- Executive Summary
- Table Of Contents
- List Of Figures
- List Of Tables
- Report Structure
- Introduction And Market Characteristics
- Major Market Trends
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- Opportunities And Strategies
- Ethical Food Market, Conclusions And Recommendations
- Appendix
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