Non GMO Food Market size is expected to reach nearly USD 10.50 Billion with the CAGR of 14.6% By 2029


Posted January 25, 2023 by pranit10

Non GMO Food Market size is expected to reach nearly US$ 10.50 Bn by 2029 with the CAGR of 14.6% during the forecast period.

 
Non-GMO Food Market Dynamics:

Associations devoted to food handling, quality control, and clean label have rapidly expanded, addressing the needs and goals of the general public on a broad scale. The Non-GMO Project, along with other non-benefit organisations, are largely responsible for the growing global sales of non-GMO food products. For instance, PepsiCo improved the health connotation of its product portfolio with the introduction of non-GMO Tropicana and Naked Juice varieties.

Additionally, according to the International Food Information Council (IFIC) Foundation's 2018 Food and Health Survey, 40% of consumers believe that products made without genetically modified organisms are healthier than identical products made with GMOs. Accordingly, this factor also is relied upon to anticipate increment dispatches of non-GMO food and refreshment items during the figure time frame.

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Non-GMO Food Market Scope:

We looked at the Non-GMO Food Market from every perspective possible, using both primary and secondary research methods. This increased our understanding of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, and customer behaviour. The data is then compiled and assessed using a range of market estimates and data validation processes. Furthermore, we have an in-house data forecasting engine that forecasts market growth until 2029.

FSSAI clarifies, GM-free certificates for imported crops from March 1, 2021:

The Food Safety and Standards Authority of India (FSSAI) explained its request regarding the requirement of Non-GM-cum-GM-Free Certificates to accompany imported food transfers, stating that the request is applicable as of March 1, 2021. "The requirement of Non-GM-cum-GM-Free Certificate is material to the transfers which are dispatched from the sending country on or after March 1, 2021," the explanation continues. According to the FSSAI, the mandate was given in accordance with the FSS Import Regulations 2017, which are intended to ensure the safety and hygienic of imported food items. Alfalfa, Apple, Argentina Canola, Bean, Chicory, Cowpea, Egg Plant, Flax Seed, Maize, Melon, Papaya, Pineapple, Plum, Polish Canola, Potato, Rice, Safflower, Soybean, Squash, Sugar Beet, and Wheat are among the yields.

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Non-GMO Food Market Key Players:

Primary and secondary research is used to identify market leaders, and primary and secondary research is utilized to calculate market revenue. In-depth interviews with important thought leaders and industry specialists such as experienced front-line staff, CEOs, and marketing professionals were conducted as part of the core research. Primary research comprised in-depth interviews with prominent thought leaders and industry specialists, such as experienced front-line staff, CEOs, and marketing professionals, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to calculate percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then compared to historical data. The following players are featured in this report:

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
Regional Analysis:

The study takes an in-depth look at the local industry, using both qualitative and quantitative data. It gives a segment-by-segment overview and forecast of the worldwide Non-GMO Food market. It also estimates the market size and forecasts for five major regions from 2021 to 2029: North America, Europe, Asia-Pacific, the Middle East, Africa, and South America. Each area's Non-GMO Food market is further subdivided into regions and segments. The report investigates and forecasts many countries, as well as existing trends and prospects in the field.

COVID-19 Impact Analysis on Non-GMO Food Market:

We thoroughly researched and analyzed the Global Non-GMO Food Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the potential of the global Non-GMO Food industry, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The major purpose of the research is to offer industrial businesses a strategic analysis of COVID-19's influence. Simultaneously, this investigation investigated the markets of major countries and highlighted their market potential.

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Last Updated January 25, 2023