Asia-Pacific Organic Food Market size is expected to be worth USD 50.64 billion in 2024, to reach USD 9.59 billion by 2029, to be growing at a CAGR of 14.24% from period 2024 to 2029.
Food produced without the use of pesticides and fertilizers is called organic food and this type of farming is called organic farming. Organic farming techniques may vary worldwide but promote ecological balance and conserve biodiversity. Generally, organic foods contain large levels of antioxidants and certain micronutrients such as zinc, iron, and vitamin C.Foods covered under current organic standards are fruits and vegetables, including mushrooms, grains, legumes, nuts and seeds, dairy products and eggs, livestock feed, meats, and poultry. Organic food is processed by certain standards of organic farming. These standards prohibit the use of most synthetic fertilizers and pesticides, sewer sludge fertilizers, genetic engineering, growth hormones, irradiation, antibiotics, artificial ingredients, and many synthetic additives. Organic livestock is raised for dairy products, eggs and meat. The animals have access to the outdoors and given organic feed. They are not fed with growth hormones, antibiotics, or any animal by-products.
Rising concerns about the environment and health benefits associated with organic foods are mainly driving Asia-Pacific organic food. In addition, increasing average household annual spending on food, increase in chronic diseases, greater accessibility of these products through small to medium-scale retailers, changing lifestyles, implementation of initiatives to encourage farmers to switch to organic farming, rising working women population base, rise in a number of organic food manufacturers are also complying with international standards and are labelling their products are also driving the market. However, the lack of a skilled number of professionals and high-cost equipment for farming re hindering the growth of the market.
Fruits and Vegetables have the largest market while meats and poultry are the fastest-growing segments.
Key Players In Asia-Pacific Organic Food Market are White Wave Foods, Spartan Stores Inc, Hain Celestial, United Natural Foods Inc, General Mills, AMCON Distributing Co, Sprouts Farmers Market, Amy’s Kitchen, Cliff Bar & Company, Whole Foods Market Inc, Dean Foods, Organic Valley.
Frequently Asked Questions
Understanding the drivers behind the demand helps stakeholders identify market opportunities and develop effective marketing strategies. Factors may include health consciousness, environmental concerns, food safety issues, and lifestyle choices.
Organic food encompasses various categories, including fruits and vegetables, grains and cereals, dairy products, meat and poultry, beverages, snacks, and processed foods. Knowing the preferences of consumers and trends in consumption helps businesses tailor their product offerings.
Challenges could range from sourcing organic raw materials, maintaining organic integrity along the supply chain, price competitiveness, and regulatory compliance. Identifying and addressing these challenges is crucial for sustainable growth.
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