Global Organic Fruits And Vegetables Market Share Is Anticipated to … – Benzinga
Posted: January 7, 2023 at 12:13 am
Wichita, KS, Jan. 04, 2023 (GLOBE NEWSWIRE) -- According to Zion Market Research has published a new research report titled "Organic Fruits And Vegetables Market By Form (Fresh, And Frozen), By Product Type (Organic Vegetable, And Organic Fruit), By Distribution Channel (Supermarkets, Online, Retail Stores, And Others), By End-User (Commercial, And Personal), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 2030" in its research database.
"According to the latest research study, the demand of global Organic Fruits And Vegetables Market size & share in terms of revenue was valued at USD 30,700 million in 2021 and it is expected to surpass around USD 72,102 million mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 8.25% during the forecast period 2022 to 2030."
What are Organic Fruits And Vegetables? How big is the Organic Fruits And Vegetables Industry?
Organic Fruits And Vegetables Report Coverage & Overview:
The word organic' determines the way a fruit or a vegetable is grown using different agricultural and processing methods. In the United States, an organic fruit product should be free of any form of chemical fertilizers or pesticides. This definition may change from one country to another but generally speaking, organic farming involves responsible farming by keeping in view ecological sustainability and providing maximum naturally sourced nutrition to the consumers without the help of synthetically created agents. There are various benefits associated with the consumption of organic fruits and vegetables. For instance, they contain fewer pesticides that are otherwise widely used in conventional forms of agriculture.
Organic food products are known to be fresher as there is the absence of preservatives which means that once the product loses its quality it has to be discarded which does not happen in the case of inorganic products. Since preservatives are externally added, the food product is, in a way, forced to outlive its real shelf life. Organic farming is known to be more environmentally friendly since there is minimum to no use of chemical substances which translated to lesser chemicals seeping into the soil and destroying its natural texture. Organic fruits and vegetables are free of genetically modified organisms (GMOs) in which the genetics of the plants are artificially modified which makes them more resistant to pesticides.
Organic fruits and vegetables are grown using methods that do not involve synthetic chemicals such as pesticides and fertilizers. These methods aim to promote ecological balance and biodiversity, and are often based on principles of sustainable agriculture. Organic farmers may use natural pest control methods, such as introducing beneficial insects to their crops, and they may use organic fertilizers such as compost or manure to nourish the soil.
Organic produce is often grown using techniques that are less reliant on external inputs, such as irrigation and energy-intensive machinery. This can make organic farming more environmentally sustainable and can also result in produce that is more nutrient-dense and flavorful.
There are several certifying organizations that establish standards for organic farming and verify that producers are meeting those standards. In the United States, the Department of Agriculture (USDA) has established a National Organic Program that sets standards for the production and labeling of organic products.
It's important to note that organic farming methods can vary, and not all organic produce is created equal. Some studies have suggested that organic produce may be more nutritious than conventionally grown produce, although more research is needed to confirm this. Overall, choosing organic produce can be a good way to support environmentally sustainable farming practices and to reduce exposure to synthetic chemicals.
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Report Scope
Global Organic Fruits And Vegetables Market: Growth Dynamics
The global organic fruits and vegetables market is projected to grow owing to the increasing demand for food products marked as organic. This can be attributed to the growing product awareness as a result of mass undertakings by market players to educate consumers about the benefits of consuming organically produced vegetables and fruits. Businesses have increasingly become more aggressive with their marketing and sales strategy.
This is further supported by government agencies to promote local producers of organic food products. Providing subsidies, opening different farmer's markets, and other such steps are a way for governments to encourage the sales of organic fruits and vegetables. The global market may also benefit from the increasing availability of consumables through online and offline sales channels. E-commerce companies have upgraded their supply chain to provide quick and easy delivery of perishable items allowing consumers to order from anywhere instead of visiting physical stores for purchase.
The global market may face growth restrictions due to the relatively shorter lifespan of organic fruits and vegetables. Due to the lack of external preservatives, organic food products are known to lose their nutritional co-efficient quirky as compared to inorganic counterparts. Hence it becomes necessary to upgrade supply chain operations as any delay can lead to heavy losses in terms of revenue. Lesser investments in the global market are also projected to become a roadblock during the projection period.
The growing awareness about the impact of inorganic farming may provide growth opportunities while stringent government regulations are expected to challenge the market expansion.
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Organic Fruits And Vegetables Market: Segmentation Analysis
The global organic fruits and vegetables market is segmented based on form, product type, distribution channel, end-user, and region.
Based on product type, the global market is divided into organic vegetable and organic fruit. In 2021, the global market witnessed the highest return in the organic fruit segment owing to the high demand for the product. The segmental growth was also driven by the presence of a large number of players in the fruit segment as compared to the vegetable segment since currently, there is a lack of space available to produce large amounts of organic vegetables. Whereas producing organic fruits is relatively easier and also has a dedicated consumer group. However, the high cost is a restricting factor as organic fruits can cost 7% to 80% more than inorganic fruits.
Based on the end-user, the global market divisions are commercial and personal. In 2021, the latter dominated the global market and more than USD 37000 million are expected from the personal segment, in terms of revenue, by the end of 2030. Direct consumption is a major contributing factor as not all commercial spaces serving vegetables and fruits and their respective derivatives may use only organic products.
The global Organic Fruits And Vegetables market is segmented as follows:
By Form
By Product Type
By Distribution Channel
By End-User
Browse the full"Organic Fruits And Vegetables Market By Form (Fresh, And Frozen), By Product Type (Organic Vegetable, And Organic Fruit), By Distribution Channel (Supermarkets, Online, Retail Stores, And Others), By End-User (Commercial, And Personal), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 2030"Report athttps://www.zionmarketresearch.com/report/organic-fruits-vegetables-market
Competitive Landscape
Some of the main competitors dominating the global Organic Fruits And Vegetables market include -
Key Insights from Primary Research:
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Regional Analysis:
North America is anticipated to lead the global organic fruits and vegetable market owing to a higher product awareness rate and adoption rate as well as due to the presence of large areas to cultivate organic vegetables and fruits. Europe is anticipated to contribute heavily to the global market growth as there is a rapidly changing consumer preference toward organically sourced food items. It is currently the second largest consumer of organic food with Switzerland and Denmark showing the greatest number of pro-organic buyers. In 2020, an average citizen of Switzerland was estimated to have spent 417.9 euros on organic food purchases.
By Region
Recent Developments
There have been several recent developments in the organic fruit and vegetable industry.
Increased demand: The demand for organic produce has been increasing in recent years, as more people become aware of the health and environmental benefits of eating organic. This has led to an increase in the number of organic farms and a wider variety of organic produce available in supermarkets and farmers markets.
Improved labeling standards: In 2020, the United States Department of Agriculture (USDA) implemented new standards for the labeling of organic produce. These standards aim to increase transparency and help consumers make informed choices about the organic products they purchase.
Innovations in organic farming: Organic farmers are constantly finding new ways to improve their practices and make them more sustainable. For example, some farmers are using cover crops and composting to enrich the soil, while others are using drip irrigation systems to conserve water.
Increased competition: As the organic fruit and vegetable industry grows, competition between farmers and companies is also increasing. This has led to a focus on quality and innovation, as well as a greater emphasis on marketing and branding.
Climate change challenges: As the impacts of climate change become more severe, organic farmers are facing new challenges in their operations. These include extreme weather events, water shortages, and pests and diseases that are spreading to new areas. However, many organic farmers are finding that their practices are better suited to adapt to these challenges and maintain productivity in a changing climate.
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