Global Organic Fast-Food Market Size study & Forecast, by Product (Food, Beverages and Desserts), By Source (Animal Product and Plant Product), By End User (Household, commercial, others) and Regional Analysis, 2022-2029
Global Organic Fast-Food Market is valued at approximately USD 5.25 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 14.7% over the forecast period 2022-2029. Organic fast food is a healthy and high-quality food due to the higher levels of some minerals such as phosphorus, magnesium and iron. Organic fast foods use products produced by organic farming that promote ecological balance and limit the use of pesticides and fertilizers. The Organic fast food market is a major factor of growth, Increasing awareness towards healthy products and rising demand for organic food in the global market.
The major key factor anticipated to accelerate the growth of the organic fast-food market is increased consumer awareness of healthy products, and rising production of organic farming. For instance, according to Statista– In 2020, the global organic production area amounted to approximately 74.9 million hectares, and the market is projected to grow to over 37 million hectares by 2027. Moreover, Global demand for Organic Fast Foods has also increased due to the increasing prevalence of chronic diseases such as cancer, diabetes, infectious diseases, and the financial burden of healthcare costs. In addition, Increased modernization, digitization of restaurants and the availability of healthier fast food create a positive outlook for the market. However, the high cost of organic fast food stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Organic Fast-Food Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, and the industry in North America is predicted to grow rapidly due to the product’s unique benefits, such as lacking chemicals and organic fast food being healthier than conventional products. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as increased consumption of organic food and increased popularity of ready-to-eat products. In terms of manufacturing, China has a substantial portion of the organic food market.
Major market player included in this report are:
Nics Organic Fast Food
The Organic Coup
Whole Foods Market Inc.
Hormel Foods Corporation
Clif Bar & Company
Hain Celestial Group
Dole Food Company, Inc.
Kroger Company
Organic Valley
Newman's Own Inc.
Recent Developments in the Market:
⮚ In July 2021, Neptune Wellness Solutions Inc. wellness and comprehensive health firm specializing in sustainable lifestyle and plant-based, sustainable and purpose-driven lifestyle brands, confirmed the debut of Sprout Organic Foods has entered into an accounts receivable factoring facility with Alterna Capital Solutions, LLC (""Alterna""). The maximum available is $5 million.
Global Organic Fast-Food Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Source, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
Food
Beverages
Desserts
By Source:
Animal Product
Plant Product
By End User:
Household
commercial
others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Companies Mentioned
Nics Organic Fast Food
The Organic Coup
Whole Foods Market Inc.
Hormel Foods Corporation
Clif Bar & Company
Hain Celestial Group
Dole Food Company, Inc.
Kroger Company
Organic Valley
Newman's Own Inc.
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