Global Organic Food
Summary
Global Organic Food industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Organic food refers to food products that are grown and produced using methods that avoid the use of synthetic pesticides, chemical fertilizers, genetically modified organisms (GMOs), and artificial additives. Market values considered based on retail selling price (RSP).
- The global organic food market recorded revenues of $171,399.3 million in 2023, representing a compound annual growth rate (CAGR) of 7.7% between 2018 and 2023.
- The fruit & vegetables segment accounted for the market's largest proportion in 2023, with total revenues of $57,160.2 million, equivalent to 33.3% of the market's overall value.
- The global organic food market is experiencing growth driven by rising disposable incomes and increasing consumer spending on premium, high-quality grocery items. According to the Bureau of Economic Analysis (BEA), net disposable income per household in the US reached $156,876.3 in 2023, marking a 4.8% increase compared to 2022.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the organic food market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global organic food market
- Leading company profiles reveal details of key organic food market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global organic food market with five year forecasts by both value and volume
- What was the size of the Global organic food market by value in 2023?
- What will be the size of the Global organic food market in 2028?
- What factors are affecting the strength of competition in the Global organic food market?
- How has the market performed over the last five years?
- How large is the global’s organic food market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What have been the most recent market developments?
- 8 Company Profiles
- 8.1. Walmart Inc
- 8.2. Amazon.com, Inc.
- 8.3. Aldi Einkauf GmbH & Co oHG
- 8.4. Zenxin Agri-Organic Food Sdn Bhd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global organic food market value: $ million, 2018-23
- Table 2: Global organic food market category segmentation: % share, by value, 2018-23
- Table 3: Global organic food market category segmentation: $ million, 2018-23
- Table 4: Global organic food market geography segmentation: $ million, 2023
- Table 5: Global organic food market value forecast: $ million, 2023-28
- Table 6: Walmart Inc: Key Facts
- Table 7: Walmart Inc: Annual Financial Ratios
- Table 8: Walmart Inc: Key Employees
- Table 9: Walmart Inc: Key Employees Continued
- Table 10: Walmart Inc: Key Employees Continued
- Table 11: Amazon.com, Inc.: Key Facts
- Table 12: Amazon.com, Inc.: Annual Financial Ratios
- Table 13: Amazon.com, Inc.: Key Employees
- Table 14: Aldi Einkauf GmbH & Co oHG: Key Facts
- Table 15: Aldi Einkauf GmbH & Co oHG: Key Employees
- Table 16: Zenxin Agri-Organic Food Sdn Bhd: Key Facts
- Table 17: Global Exchange Rate, 2018-23
- List of Figures
- Figure 1: Global organic food market value: $ million, 2018-23
- Figure 2: Global organic food market category segmentation: $ million, 2018-23
- Figure 3: Global organic food market geography segmentation: % share, by value, 2023
- Figure 4: Global organic food market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the global organic food market, 2023
- Figure 6: Drivers of buyer power in the global organic food market, 2023
- Figure 7: Drivers of supplier power in the global organic food market, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the global organic food market, 2023
- Figure 9: Factors influencing the threat of substitutes in the global organic food market, 2023
- Figure 10: Drivers of degree of rivalry in the global organic food market, 2023
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