Rising adoption of individuals towards organic foods as they are considered healthier and necessary for a proper well-being is boosting its demand. Most of the non-organic, chemical treated and grown foods are creating lot of adverse health conditions on individuals due to the chemical content and use of other synthetics and hence, people are more attracted and switching towards organic foods as they have no chemicals and are pure and free from any sort of preservatives.
Genetically modified crops and live-stock in the long run cause a lot of hazard conditions on the human body as the crops are not grown according to their life cycles and are growing at a faster time limit as well as most of the fruits are ripened using chemicals which are very harmful for individuals. Thereby, organic produce is of much importance especially during these vulnerable days where everything is adulterated and altered. Some of the prime benefits of organic food include well balanced health, high nutrition as it contains more nutrition, organic farming is environment friendly, organic food is fresher as it has no preservatives, organic foods comprise of more vitamins as well as antioxidants, the level of nitrate is lower, organic meat and fatty acid profiles are more favorable as well as many other factors make organic food very essential for consumption. Increased spending level as well as living standard of people is elevating the purchase of organic foods, increasing availability of organic foods easily in the market is also promoting the usage of organic foods. Similarly, meat and fish are also being avoided by most of the individuals due to the chemicals injected into animals and the chemicals they are fed with are steroids, antibiotics, growth enhancers, among others and thereby people are preferring organic meat and sea food as they are grown in farms that do not use any chemicals or growth enhancers as it is purely healthy for the consumers. Organic food market is growing rapidly at present due to its well -known benefits and is anticipated to provide a promising future in the upcoming years. The term organic has become very important as all the products that fall under the class of organic are termed chemical free and environmentally friendly.
The governments of different countries are also encouraging organic farming as well as export import of organic products. Various reports and articles have also stated that organic food market is booming and will continue to grow as people are getting more acquainted towards spending money for a healthy living. On the whole the organic food market growth is increasing every day and in the near upcoming future, people will get more adopted towards organic products due to the promising benefits they provide for a healthy life. Thereby, these factors are expected to increase the growth and disposable income as well as will provide future opportunities for the organic food market globally.
Several types of organic food include grains & cereals, meat & fish, dairy products, vegetables & fruits, etc.. Among these types, vegetables & fruits showed a high progress in propelling the market growth as vegetables and fruits are consumed on a daily basis and thereby individuals are opting for whole organic vegetables and fruits as they are chemical free and are not genetically modified, hence, these factors are favorable for children as well as grown-ups and thereby holding a major share in the market as compared to other types.
Well established companies are focusing on investments in research and development sector to develop new organic foods that are convenient and easily available in the market. Thus, the overall organic food market is anticipated to grow significantly in the following years due to the availability of a wide variety of product offerings by various companies due to the changing preferences and adoption of individuals towards organic whole foods. Companies are actively investing towards providing organic foods. Companies are promoting organic foods so that it can provide a healthy future for a single individual as well as an entire family. Some of the key players that manufacture organic products include General Mills Inc., Amy's Kitchen, Inc., Whole Foods Market IP. L.P., Organic Valley Cropp Cooperative, Whole Foods Market Inc., Hain celestial Group, Inc., United Natural Foods, Inc., Dean Foods Company, The Kroger Co. and Kerry Group Plc.
Trends and Future Outlook:
- In the year 2020, according to a report it states that the sales of organic foods grew by 13% which is around US$ 186 billion in the United States.
- In the year 2020-21, the organic food products rose by 51% around US$ 1 billion in India, as stated by a report.