The organic fruits and vegetables global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Organic Fruits And Vegetables Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The organic fruits and vegetables market size has grown strongly in recent years. It will grow from $43.47 billion in 2023 to $47.7 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to consumer health awareness, environmental concerns, growing preference for local and seasonal produce, rising disposable incomes, government support for organic agriculture.
The organic fruits and vegetables market size is expected to see strong growth in the next few years. It will grow to $68.54 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to sustainable agriculture, e-commerce growth, climate change mitigation, increasing urbanization and population growth, growing popularity of plant-based diets, rising prevalence of chronic diseases. Major trends in the forecast period include nutritional research, innovative organic farming practices, packaging innovation, organic meal kits, organic snacking.
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Scope Of Organic Fruits And Vegetables Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Organic Fruits And Vegetables Market Overview
Market Drivers –
Rising health concerns and lifestyle diseases are expected to propel the growth of the organic fruit and vegetable market going forward. Health concerns refer to physical or mental conditions affecting an individual’s well-being. At the same time, lifestyle diseases encompass ailments primarily influenced by unhealthy habits such as diet, physical activity and substance use. Health concerns and lifestyle diseases include diabetes and obesity. Consuming organic fruits and vegetables reduces pesticide exposure and potentially benefits health and lifestyle disease management. For instance, in December 2021, according to the International Diabetes Federation, a US-based intergovernmental organization, diabetes affected 537 million adults (20–79 years old) in 2021 and it is predicted that the number will increase to 643 million people by 2030 and a total of 783 million by 2045. Furthermore, for instance, in March 2023, according to the World Heart Federation, a Switzerland-based non-government global cardiovascular community, around 2.3 billion adults and children were obese or overweight and with the current obesity trend, it is estimated that the number of people living with obesity will reach 2.7 billion by 2025. Therefore, rising health concerns and lifestyle diseases are driving the growth of the organic fruit and vegetable market.
Market Trends –
Major companies operating in the organic fruits and vegetables market are increasing their focus on introducing organic plant-based coatings to gain a competitive edge in the market. Organic plant-based coatings are made from plant substances that shield fruits and vegetables against oxidation, moisture loss and other environmental problems. For instance, in August 2022, AgroFresh Solutions Inc., a US-based AgTech company that creates agricultural technologies, launched VitaFresh Botanicals Life Select, an organic plant-based coating to prevent food loss and waste while keeping produce fresh for longer and extending the shelf life of fresh fruits and vegetables. The new coating reduces dehydration, maintains weight and locks in freshness throughout the supply chain. Following Regulation (EU) 2018/848 on organic production, the new formulation has gained CAAE organic certification. It is also supplied in reusable containers. Excellent crop coverage at low application rates improves operators’ cost efficiencies. It gives retailers a more substantial chance to market the highest-quality produce using consumer-friendly claims while reducing food waste and raising potency.
The organic fruits and vegetables market covered in this report is segmented –
1) By Product Type: Organic Fruits; Organic Vegetables
2) By Form: Fresh; Frozen
3) By Distribution Channel: Supermarket; Hypermarket; Convenience Store; Online Sales Channel; Other Distribution Channels
4) By End User: Residential; Commercial
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Regional Insights –
North America was the largest region in the organic fruits and vegetables market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in organic fruits and vegetables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major players in the organic fruits and vegetables market are DanoneWave Holding B.V., The Kraft Heinz Foods Company, General Mills Inc., Kellogg Company, Campbell Soup Company, Hannaford Brothers Company, Iceland Foods Limited, The Hain Celestial Group, Harmoni Inc., Earthbound Farm Inc., Amy’s Kitchen Inc., Nature’s Path Foods Inc., Patagonia Provisions Inc., Driscoll’s Inc., Wehah Farm Inc., Farbest Brands LLC, Eden Foods Inc., Annie’s Inc., Naturefresh Farm Products LLP, Gaia Herbs Inc., Applegate Farms LLC, Newman’s Own Inc., July Snacks LLC, Wholesum Family Farms Inc., Woodstock Farms Private Limited, Green Organic Vegetables Inc., One Degree Inc., Organic Gemini LLC, Z Natural Foods LLC, Activz Global LLC.
Table of Contents
1. Executive Summary
2. Organic Fruits And Vegetables Market Report Structure
3. Organic Fruits And Vegetables Market Trends And Strategies
4. Organic Fruits And Vegetables Market – Macro Economic Scenario
5. Organic Fruits And Vegetables Market Size And Growth
…..
27. Organic Fruits And Vegetables Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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