Organic Food in Asia-Pacific
Summary
Organic Food in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, 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 Asia-Pacific organic food market recorded revenues of $20,703.6 million in 2023, representing a compound annual growth rate (CAGR) of 6.5% between 2018 and 2023.
- The fruit & vegetables segment accounted for the market's largest proportion in 2023, with total revenues of $7,669.5 million, equivalent to 37.0% of the market's overall value.
- The growth of the Asia-Pacific organic food market is driven by high disposable income, increased household spending on food, and significant consumer spending on premium and higher-quality grocery products. According to the National Bureau of Statistics (NBS) of China, in 2023, the per capita disposable income in China reached CNY39,218 ($5,536.1), up 6.3% over 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the organic food market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the organic food market in Asia-Pacific
- 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 Asia-Pacific organic food market with five year forecasts by both value and volume
- What was the size of the Asia-Pacific organic food market by value in 2023?
- What will be the size of the Asia-Pacific organic food market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific organic food market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific's organic food market?
- 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. Aeon Co., Ltd.
- 8.2. Seven & i Holdings Co Ltd
- 8.3. China Resources Vanguard Co. Ltd.
- 8.4. Sun Art Retail Group Ltd
- 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: Asia-Pacific organic food market value: $ million, 2018-23
- Table 2: Asia-Pacific organic food market category segmentation: % share, by value, 2018-23
- Table 3: Asia-Pacific organic food market category segmentation: $ million, 2018-23
- Table 4: Asia-Pacific organic food market geography segmentation: $ million, 2023
- Table 5: Asia-Pacific organic food market value forecast: $ million, 2023-28
- Table 6: Aeon Co., Ltd.: Key Facts
- Table 7: Aeon Co., Ltd.: Annual Financial Ratios
- Table 8: Aeon Co., Ltd.: Key Employees
- Table 9: Seven & i Holdings Co Ltd: Key Facts
- Table 10: Seven & i Holdings Co Ltd: Annual Financial Ratios
- Table 11: Seven & i Holdings Co Ltd: Key Employees
- Table 12: Seven & i Holdings Co Ltd: Key Employees Continued
- Table 13: China Resources Vanguard Co. Ltd.: Key Facts
- Table 14: China Resources Vanguard Co. Ltd.: Key Employees
- Table 15: Sun Art Retail Group Ltd: Key Facts
- Table 16: Sun Art Retail Group Ltd: Annual Financial Ratios
- Table 17: Sun Art Retail Group Ltd: Key Employees
- Table 18: Asia-Pacific Exchange Rate, 2018-23
- List of Figures
- Figure 1: Asia-Pacific organic food market value: $ million, 2018-23
- Figure 2: Asia-Pacific organic food market category segmentation: $ million, 2018-23
- Figure 3: Asia-Pacific organic food market geography segmentation: % share, by value, 2023
- Figure 4: Asia-Pacific organic food market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the organic food market in Asia-Pacific, 2023
- Figure 6: Drivers of buyer power in the organic food market in Asia-Pacific, 2023
- Figure 7: Drivers of supplier power in the organic food market in Asia-Pacific, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the organic food market in Asia-Pacific, 2023
- Figure 9: Factors influencing the threat of substitutes in the organic food market in Asia-Pacific, 2023
- Figure 10: Drivers of degree of rivalry in the organic food market in Asia-Pacific, 2023
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