PUNE, India, July 23, 2024 /PRNewswire/ -- Non-GMO Foods
Market was valued at USD 714.1 Bn in
2023 and is expected to grow at 11.07 percent CAGR through the
forecast period by reaching nearly USD
10353.9 Bn. The increasing inclination towards
purchasing sustainable food on account of rapid urbanization and
the growing purchasing power of consumers represents one of the
major factors driving the demand for non-GMO food products
globally.
Global Non-GMO Foods Market 2023-2030: Key
Highlights:
Market Volume in
2023
|
714.1 Bn
|
Market Volume in
2030
|
10353.9 Bn
|
CAGR
|
11.07
Percent
|
Forecast
Period
|
2024-2030
|
Base
Year
|
2023
|
Number of
Pages
|
229
|
No. of
Tables
|
138
|
No. of Charts and
Figures
|
193
|
Segment
Covered
|
By Type and
Distribution Channel
|
Regional
Scope
|
North America, Europe,
Asia Pacific, Middle East and Africa, South America
|
Report
Coverage
|
Market Share, Volume,
and Forecast by Revenue | 2024−2030, Market Dynamics, Growth
Drivers, Restraints, Investment Opportunities, and Key Trends,
Competitive Landscape, Key Players Benchmarking, Competitive
Analysis, MMR Competition Matrix, Competitive Leadership Mapping,
Global Key Players' Market Ranking Analysis.
|
Get your Sample PDF:
https://www.stellarmr.com/report/req_sample/Non-GMO-Foods-Market/2079
- Past Market Size and Competitive Landscape (2018 to 2022)
- Market Size, Share, Size & Forecast by Different
Segment | 2024−2030
- Non-GMO Foods Market Dynamics – Growth Drivers, Restraints,
Opportunities, and Key Trends by Region
- Non-GMO Foods Market Segmentation – A detailed analysis by
Type, Distribution channel, and Region
- Competitive Landscape – Profiles of selected key players by
region in a strategic perspective
- Competitive landscape – Market Leaders, Market Followers,
Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER's analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Non-GMO Foods Market Segmentation
By Type
- Cereals & Grains
- Fruits and Vegetables
- Meat & Poultry Products
- Others
By Distribution Channel
- Hypermarkets/Supermarkets
- Speciality Stores
- Online Retail Stores
- Others
Detailed segmentation values for each segment and
explanations for growth are provided in the final report.
The Cereal & Grains Segment is expected to dominate
during the forecast period.
Demand for cereals and grains has increased significantly where
people are becoming more sensitive of their health and the possible
advantages of consuming non-GMO products. A significant amount of
the non-GMO food market in the United
States is made up of non-GMO cereals with about 1,600
cereal and breakfast food products receiving non-GMO
Project verification. With this certification, consumers can be
sure that these items either contain no or very little GMOs.
Leading non-GMO cereal companies, such as Kashi and Cascadian
Farms, provide a variety of breakfast cereals free of GMOs to meet
the needs of consumers who are health-conscious. Companies are also
innovating to fulfill this desire. For example, Blue Diamond
Growers introduced new dairy- and gluten-free baking mixes and
dessert cups made with almond flour.
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Report: https://www.stellarmr.com/report/req_sample/Non-GMO-Foods-Market/2079
The Hypermarket/Supermarket to is expected to be the largest
during the forecast period.
The vast reach of hypermarkets and supermarkets, along with the
convenience they provide to customers, guarantee improved brand
visibility and a large selection of products. It is expected that
the trend of purchasing from supermarkets and hypermarkets would
continue due to the availability of these stores and the growing
demand for food options that are health-conscious. Supermarkets and
hypermarkets offer cutting-edge shopping experiences in addition to
a huge collection. For instance, "conversational commerce," in
which consumers purchase using voice and chat, has been made
possible by Walmart's acquisition of Botmock's technological
assets. In addition, by guaranteeing transparency and food safety,
technology innovations like blockchain for food
traceability enhance consumer trust.
The Asia Pacific region is
expected to grow fastest during the forecast period.
Asia-Pacific is experiencing
the most rates of urbanization in the world, with a yearly rise in
urban population of about 3%. The need for safer and healthier food
options, especially non-GMO products, is increasing due to growing
cities. In addition, the demand for non-GMO products has increased
due to the growth in food allergies, with rates rising by
50%. Approximately 73% of Chinese consumers favor non-GMO
food, indicating a significant shift in the country's dietary
patterns. The food retail industry is heavily dependent on advances
in technology and improvements in infrastructure. Retailers also
heavily utilize e-commerce platforms, and online food and grocery
sales have grown by 15% yearly in the region thanks to high growth
in internet and mobile penetration. Government initiatives
supporting food safety and sustainable agriculture have helped the
market for non-GMO foods flourish.
Competitive landscape
The Non-GMO foods market is highly competitive with the key
players including The Hain Celestial Group, Inc., General Mills,
Inc., Cargill Inc., Nestle S.A., Amy's Kitchen, Inc., Nature's Path
Foods, Inc., Stonyfield Farm, Inc., Organic Valley, WhiteWave Foods
Company, United Natural Foods, Inc. among others.
Browse Adjacent Market: Non-GMO Foods Market
Research Reports & Consulting Related Reports:
Lactose Powder Market: The Market size was valued at
USD 2.44 Bn. in 2023 and the Lactose
Powder revenue is expected to grow at a CAGR of 5.6% from 2024 to
2030, reaching nearly USD 3.57 Bn. by
2030.
Functional Ice Cream Market: The market size was valued
at USD 235 Mn. in 2023 and the total
Functional Ice Cream revenue is expected to grow at a CAGR of 7.45%
from 2024 to 2030, reaching nearly USD
388.61 Mn. by 2030.
Plant Based Protein Market: The market size was
valued at USD 14.88 Bn. in 2023 and
the total Plant Based Protein Market size is expected to grow at a
CAGR of 7.83% from 2024 to 2030, reaching nearly USD 25.22 Bn. by 2030.
Calf Milk Replacers Market: The market size was valued at
USD 3.66 Bn. in 2023 and the Calf
Milk Replacers revenue is expected to grow at a CAGR of 6.85% from
2024 to 2030, reaching nearly USD 5.82
Bn. by 2030.
Plant-based beverages Market: The market size was valued
at US$ 19.39 Bn. in 2023. The global
Plant-based Beverage Market is estimated to grow at a CAGR of 12.2%
over the forecast period.
Vegan Food Market: The market size was valued at
US$ 18.44 Bn in 2023. Global Vegan
Food Market is estimated to grow at a CAGR of 9.2% over the
forecast period.
Non-Dairy Cheese Market: The market size was
valued at USD 2.70 Bn. in 2023 and
the total Non-Dairy Cheese Market size is expected to grow at a
CAGR of 14% from 2024 to 2030, reaching nearly USD 6.74 Bn. by 2030.
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