Non-GMO Food Market size is projected to reach USD 1,247.47 Billion by 2028 from an estimated USD 636.09 Billion in 2021, growing at a CAGR of 10.1% globally.
Genetically modified organisms (GMOs) represent living beings, generally, plants or microorganisms, whose genetic material is artificially altered in a laboratory through modification or engineering techniques. Genetical plants are extensively used in the agriculture sector as they provide improved resistance to weeds and diseases, high yield, and reduced need for pesticides. However, the unavailability of information regarding their safety has increased the demand for non-GMO food products among the masses. They find widespread applications in beverages, fruits and vegetables, dairy alternatives, animal feed, etc.
Key Prominent Players In The Non-GMO Food Market:
· Cargill
· Nestle S.A.
· The Kellogg Company
· Amy's Kitchen Inc.
· Blue Diamond Growers
· Organic Valley
· The Hain Celestial Group Inc.
· PepsiCo Inc.
· Pernod Ricard
· Clif Bar & Company
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Global Non-GMO Food Market Segmentation:
Cereals & Grains
Meat & Poultry
Liquor
Edible Oil
Bakery
· By Distribution Channels
Hypermarkets & Supermarkets
Food Specialty Stores
Convenience Stores
Online
Geographic Segment Covered in the Report:
· North America (US, Canada, Mexico)
· Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
· Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
· Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
· South America (Brazil, Argentina, Rest of SA)
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This study conducts a SWOT analysis to evaluate the strengths and weaknesses of key players in the Non-GMO Food market. Additionally, the report performs a complex inspection of drivers and restraints operating in the market. The report also evaluates the observed trends in the parent market along with macroeconomic indicators, dominant factors and market attractiveness in relation to other segments. The report forecasts the impact of various industry aspects on the Non-GMO Food market segments and regions.
Market Dynamics And Factors For Non-GMO Food Market
Demand Drivers:
Health Concerns: Consumer concerns about the potential health impacts of genetically modified organisms (GMOs) are a major driver. While the scientific consensus leans towards GMO safety, a segment of consumers remains wary and seeks non-GMO options.
Transparency and Clean Labels: The growing demand for transparency in food labeling fuels the non-GMO market. Consumers want to know exactly what's in their food, and a non-GMO label signifies a commitment to natural ingredients.
Ethical Considerations: Some consumers have ethical concerns surrounding genetically modified crops and the potential environmental impact. Non-GMO options align with their values.
Industry Trends:
Product Innovation: Food manufacturers are constantly developing new non-GMO products to cater to consumer demand. This includes everything from non-GMO grains and cereals to dairy and meat alternatives.
Retailer Support: Major retailers are recognizing the potential of the non-GMO market and are stocking a wider variety of non-GMO options to attract customers.
Certification Programs: Third-party certification programs like the Non-GMO Project verify that products meet strict non-GMO standards. This enhances consumer confidence.
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