Organic Fruits & Vegetables Market-Overview
Organic Fruits & Vegetables Market Size Anticipated to Reach at a USD 62.8 Billion by 2032, CAGR of 8.21% By 2023 - 2032
Due to the negative impacts of pesticides on the environment and soil quality, farmers opt for chemical-free operations while cultivating fruits and vegetables. Furthermore, the growing number of government programs to support organic farming catalyzes organic fruit and vegetable market growth.
One of the prime determinants fueling the growth of the organic fruits and veggies market is growing knowledge about the benefits of eating organic food. Most users in the least developed nations cannot purchase organically grown fruits and vegetables, limiting the organic fruits and vegetables market research client base.
Competitive Analysis
Government assistance is projected to promote global market development in the next years. Because of the frequency of COVID occurrences in numerous places, the market's expansion may have been stifled. If inputs such as labor and supply chains are harmed due to the ongoing occurrence of periodic lockdowns in numerous countries, market expansion may be limited. The reliance on online commerce on sales will expand considerably during the forecast period, compelling industry participants to invest more in its development. The emphasis on accumulating asset reserves to respond to potential disasters is predicted to impact future market developments. The positive response to introducing a COVID-19 vaccine will give companies more faith in their prospects. The change in supply chain remarks is predicted to impact market participants' overall expansion positively.
The WhiteWave Foods Company, Z Natural Foods, LLC, General Mills, Inc., H. J. Heinz Company, Organic Valley, Saipro Biotech Private Limited, Green Organic Vegetables Inc., DMH Ingredients, Inc., Activz, and CSC Brands L.P. are prominent companies of the global organic fruits and vegetable market.
Segmental Analysis
The organic fruits and vegetable market has been divided into four categories: form, end-use, product type, and region. The global market has been divided into two product categories: fruits and vegetables.
The global organic fruits and vegetable market size has been divided into two categories based on end-use: food processing and fresh consumption. The global organic fruits and vegetable market share has been divided into puree, fresh, and frozen based on their form. The organic fruits and vegetable market trends have been divided into four regions: Asia-Pacific, North America, Europe, and the rest of the globe.
Detailed Regional Analysis
North America is expected to have the greatest share of the organic fruits and vegetable market during the projection period.
The region's supremacy can be attributed to various causes, including a growing population, a growing consumer preference for organic food, and the existence of multiple market players. Because of rising health awareness among European consumers, Europe is expected to capture a large portion of the global organic fruits and vegetables market research report. However, Asia-Pacific is expected to develop at the fastest CAGR due to people's changing lifestyles, increased health awareness, and higher disposable income.
News:
Mar 2022 The Tamil Nadu State government in India has planned to start the "Tamil Nadu Organic Farming Mission" under the horticulture division to support organic farming at all stages of the production cycle and assist farmers in marketing their output across India with a single certificate. The mission will be conducted under a cluster-based method on 50 hectares, each with two groups in each district. An Integrated Seed Certification Office Complex, which will assist with seed certification, inspection, and testing, will be established in the districts of Villupuram and Tiruppur at the cost of Rs.4 crore to facilitate access to high-quality seeds and provide advisory on seed production and certification of organic crops. A participatory guarantee system (PGS) would be created to facilitate the selling of organic produce across India without incurring certification costs to lower the cost of certification and selling of organic crops.
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