The latest report published by IMARC Group, titled “ Non-GMO Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ,” offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global non-GMO food market size reached US$ 2.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2028, exhibiting a growth rate (CAGR) of 13.9% during 2023-2028.
Non-GMO (genetically modified organism) foods are marketed products created without genetic engineering. The ingredients are obtained from organisms whose genetic material has been altered, thus prohibiting them from occurring naturally. Grains, fruits and vegetables, meats, dairy products, and processed foods are standard product variants. These items can also be grown without synthetic pesticides, fertilizers, and irradiation. Currently, individuals across the globe are steadily leaning toward non-GMO food products due to their associated health and environmental benefits, including preventing soil erosion and infertility, reducing pollution and energy dependency, lowering toxic chemicals, enhancing food freshness, and providing better nutrient concentration and absorption than GMO foods.
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Non-GMO Food Market Trends:
Some of the key factors driving the global non-GMO food market include increasing consumer awareness regarding the potential health risks of GMOs, escalating demand for organic and natural foods, and rising health concerns among the masses. This is further influenced by the implementation of favorable government regulations on the labeling of GMO products. Additionally, GMOs exhibit a negative impact on the environment and biodiversity, which is acting as another growth-inducing factor. Besides this, rising expenditure capacities of consumers on health and wellness products, rising incentives to farmers to promote the cultivation of non-GMO crops, extensive endorsements by key players to create product awareness, and the advent of custom packaging and smart labeling to make non -GMO product details more accessible are positively contributing to the market growth.
Competitive Landscape With Key Players:
The competitive landscape of the non-GMO food market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Amy's Kitchen Inc.
Blue Diamond Growers
Chiquita Brands International Sarl
Clif Bar Company
The Hain Celestial Group Inc.
Nature's Path Foods Inc.
NOW Health Group Inc.
Organic Valley
Pernod Ricard SA
United Natural Foods Inc.
Key Market Segmentation:
The report has segmented the global non-GMO food market based on product type, application, distribution channel and region.
Breakup by Product Type:
Cereals and Grains
Liquor
Meat and Poultry
Bakery Products
Edible Oils
Others
Breakup by Application:
Beverages
Meat Products
Fruits and Vegetables
Dairy Alternatives
Animal Feeds
Others
Breakup by Distribution Channel:
Food Service
Supermarkets and Hypermarkets
Convenience Stores
Online Stores
Others
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
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Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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