According to IMARC Group’s latest report, titled “Non-GMO Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global non GMO food market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 15.7% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Genetically modified organisms (GMOs) include plants, animals, or microorganisms whose genetic material has been altered artificially via engineering techniques or genetic modification. These organisms are employed in the agriculture sector to increase crop protection by introducing resistance against plant diseases, which are caused by insects or viruses or through increased tolerance towards herbicides. However, due to the unavailability of data about their safety, there is a rise in the demand for non-GMO food products across the globe. As a result, leading food and beverage companies are introducing products made from non-GMO raw ingredients to expand their consumer base.
Market Trends and Drivers:
As non-GMO food products are eco-friendly, their adoption is increasing around the world, especially among the vegan and vegetarian population. Moreover, various companies are using non-GMO ingredients for manufacturing baby or infant food. Apart from this, several organizations, including GMO Inside, Non-GMO Project, and Organic Consumers Association, have undertaken initiatives to provide information about the presence of GMO ingredients in various food products. These initiatives have increased awareness among consumers, which, in turn, is offering lucrative growth opportunities to leading brands for diversifying their market by expanding their product portfolio and increasing their overall revenue. For example, Cargill Incorporated, a privately held American corporation, introduced numerous non-GMO ingredients, including starches, sweetener, texturizers, oils, cocoa, and chocolate, to meet the continuously rising consumer demand.
Non-GMO Food Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the non GMO food market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Amy’s Kitchen Inc.
- Blue Diamond Growers
- Chiquita Brands International Sarl
- Clif Bar & Company
- The Hain Celestial Group Inc.
- Nature’s Path Foods Inc.
- NOW Health Group Inc.
- Organic Valley
- Pernod Ricard SA
- United Natural Foods Inc.
Key Market Segmentation:
The report has segmented the global non GMO food market on the basis of product type, application, distribution channel and region.
Breakup by Product Type:
- Cereals and Grains
- Meat and Poultry
- Bakery Products
- Edible Oils
Breakup by Application:
- Meat Products
- Fruits and Vegetables
- Dairy Alternatives
- Animal Feed
Breakup by Distribution Channel:
- Food Service
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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