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DUBLIN--(BUSINESS WIRE)--Dec 5, 2022--
The "Non-GMO Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global non-GMO (non-genetically modified organisms) food market size reached US$ 1.9 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 4.0 Billion by 2027, exhibiting a CAGR of 13.21% during 2021-2027.
Companies Mentioned
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Genetically modified organisms (GMOs) refer to living organisms, generally plants or microorganisms, whose genetic material is artificially altered in a laboratory through genetic modification or engineering techniques. GMO plants are widely used in the agriculture sector as they provide high yield, improved resistance to weeds and diseases and reduced need for pesticides.
However, the unavailability of data regarding their safety has increased the demand for non-GMO food products among the masses. In line with this, many food and beverage companies are offering products made using non-GMO raw materials and ingredients.
Non-GMO foods are considered to be eco-friendly and natural, owing to which there is a favorable perception among consumers, especially vegans and vegetarians, about the nutritional profile and environmental impact of these products. This has led to a rise in the demand for food products grown using non-GMO seeds, such as grains, vegetables, and fruits. Also, many companies are using non-GMO ingredients for manufacturing baby or infant food.
Besides this, numerous organizations, such as the Non-GMO Project, GMO Inside, and Organic Consumers Association, have undertaken initiatives to promote awareness regarding the presence of GMO ingredients in various food products across the globe.
Such campaigns have led many leading brands to diversify their market operations by offering an extensive non-GMO ingredient portfolio. For instance, Cargill Incorporated, an American privately held corporation, has introduced a wide variety of ingredients ranging from sweeteners, starches and texturizers to oils, cocoa and chocolate to meet the growing consumer demand for non-GMO products.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global non-GMO food market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, application and distribution channel.
Breakup by Product Type:
Breakup by Application:
Breakup by Distribution Channel:
Breakup by Region:
Key Questions Answered in This Report:
For more information about this report visit https://www.researchandmarkets.com/r/6nh55h.
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KEYWORD:
INDUSTRY KEYWORD: RETAIL SPECIALTY FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 12/05/2022 12:53 PM/DISC: 12/05/2022 12:53 PM
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