Global Organic Food Market Research Report, 2012 - 2018

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Date Submitted: 06/23/2014 06:00 AM

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Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Organic Food Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure. Being the largest economy in the world, the U.S. market provides sizeable opportunities for expansion of the organic food industry. Some of the major factors contributing towards the growth of this market are increased concerns of people towards health issues, environmental protection, food safety, animal welfare, and increasing use of natural and organic products.

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Demand for organic food products is expected to grow with time. Government funding and involvement of private limited companies in the organic food market is also expected to fuel the growth of this sector.

Organic food is produced by farmers who focus on using reusable resources. Foods are grown on small, family-run farms, and in order to conserve the soil and water so as to ensure environmental quality for future generations, the sale of these goods is limited to small grocery stores and farmers markets. Organic food production emphasizes on conservation of water and soil, environment concerns, reusable resources, limiting the use of harmful pesticides and chemicals in food.

The global organic food market is expected to grow from US$ 57.5 billion in 2010 to US$ 104.7 billion in 2015 at an estimated CAGR of 12.9%. Economies like North America is expected to grow at a CAGR of 12% from 2010 to 2015 and Europe has the largest market share with revenue of $28 billion. The Rest of the World (ROW) which includes Latin America, Australasia, and others is expected to grow at the highest CAGR of 16.5 %.

The global organic food market is growing due to increasing concerns for improving overall health, rising...