Newly released data from the non-GMO food products market analyzed by FMI estimates that the non-GMO food products market enjoys a growth rate of 10.4% at present. The market is expected to witness a prominent growth rate of a CAGR of 13.2% to reach the value of USD 144,322 Million in 2031.
Attribute | Details |
---|---|
Market Size Value in 2020 | USD 37,053 Million |
Market Forecast Value in 2031 | USD 144,322 Million |
Global Growth Rate | ~13.2% |
Forecast Period | 2021 to 2031 |
The worldwide non-GMO food products market will gain traction as consumer demand grows due to changes in dietary trends like healthy eating, opting for natural food products, etc. This change is driven by an increase in the number of health-related issues and raising awareness of the harmful consequences of eating genetically modified foods.
Apart from health consciousness, advances in non-GMO farming technology (machine learning, AI, and automation) are also propelling the global non-GMO food market forward.
To tap into the expanding demand for the non-GMO food label, manufacturers of non-GMO foods are using innovative marketing tactics to pique consumer interest for the product by enticing, engaging, and delighting them with product information by using custom packaging and smart labeling to make non-GMO product details more accessible.
Market Statistics | Details |
---|---|
H1,2021 (A) | 13.1% |
H1,2022 Projected (P) | 13.2% |
H1,2022 Outlook (O) | 14.5% |
BPS Change : H1,2022 (O) - H1,2022 (P) | (+) 132 ↑ |
BPS Change : H1,2022 (O) - H1,2021 (A) | (+) 145.2 ↑ |
FMI provides an evaluation and comparison of the market growth rates and future development possibilities on a half-yearly basis for the global market. Under the subjective influence of macro and industry factors, some demographic and innovation factors have a significant influence on the market.
There have been a number of recent changes in this market, including:
The non-GMO food products market has grown by 13.1% globally in the first half of 2021. However, this growth is not uniformly distributed across all geographical areas, with the developing markets registering greater growth rates of 14.5 percent. Thus, there will be a 145.2 BPS point difference between the predicted and projected growth in H1 2022.
The primary causes of this variation in growth rate are ascribed to the market's slow or rapid uptake during the first half of the projected period as a result of improving end user demand in important economies and their expanding populations.
China and India in particular are both experiencing a growth in their consumption patterns, which is driving up demand for non-GMO food products. Numerous other market segments should also perform well and have bright development potential in the second half of the projected period.
Despite these promising developments, the business is still expected to face significant obstacles, such as shifting customer preferences, strict trade restrictions, and a lack of security in the supply of raw materials and other manufacturing inputs.
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As per FMI – market study and competitive intellect provider, in past few years, the inclusive market value for non-GMO food products grew at a compound annual growth rate of around 10.4%.
Market participants are striving to strategically develop distribution warehouses for non-GMO food products in order to support time- and cost-effective logistic operations. In developing countries, rising population levels are giving birth to information-savvy millennial consumers who want to consume organic and non-GMO foods, therefore, leading to the growth of the market.
The USA is expected to witness a valuable growth rate of 12.6% over the forecast period. The US non-GMO food products market is driven by plant-based and vegan diet trends that lay emphasis on integrating non-GMO food products into daily dietary plans. Growing consumer awareness about the benefits of non-GMO food products plays a supporting role in the development of the market in the country.
The market size of non-GMO food products in China is valued to account for a value of a 3,259 Million in 2021 because of the negative consequences of genetically modified crops on human health and the environment. China is developing laws and restrictions on its usage, therefore, boosting the non-GMO food product market of China.
Germany has a market share of 21.9% in Europe, in 2021 (According to FMI) with a growth rate of 13.2% over the assessment period.Non-GMO items especially dairy products have risen in popularity on German supermarket shelves and in shopping baskets in recent years.
The market is experiencing a rise in the number of new players in the market along with expanding initiatives by the current players. According to German Association for Food without Genetic Engineering (VLOG), which issues licenses for seals for food produced without genetic engineering, records increased entries in the database to over 15,500 entries in 2021.
According to the most recent assessment by FMI, India’s non-GMO food products market size in 2021 is USD 3,027 Million.The rise in health consciousness in the country is pulling people towards picking upon preventative health care. This shift in the country is boosting the Indian non-GMO food products market.
According to FMI, the sales of Non-GMO food products in Brazil is assessed around 34.8% of the overall Latin American market in 2021, with a growth rate of 14.1%.
Initiatives being adopted by various groups is leading to a rise in awareness, understanding along with the adoption of GM-free food products because of the rising health risks. For example, the Brazilian Association of Non-Genetically Modified Grain (ABRANGE) Producers is leading the charge in promoting non-GMO food production in Brazil, therefore, promoting market growth.
According to FMI, product type cereals & grains are anticipated to witness a lucrative growth rate of 12.3% over the forecast period.
Significantly popular non-GMO food products on the market are non-GMO grains and cereals. This is due to the widespread use of grains and cereals as a major source of fibre and carbs. It includes wheat, corn, and soybean which are consumed by millennials, baby boomers, and the elderly for their nutritious content in various parts of the world.
Supermarkets/hypermarkets hold a significant percentage of the non-GMO market food industry, which is expected to rise at a CAGR of 14.8% by 2031. Supermarkets/Hypermarkets provide improved brand visibility, a convenient shopping experience, and a diverse selection of items and brands.
Furthermore, Supermarkets/Hypermarkets are focusing on providing high-quality Non-GMO food products to their customers, resulting in Non-GMO food market growth.
Leading non-GMO food products suppliers are working on expanding the reach of the product to different parts of the world by expanding the product portfolio of non-GMO food products.
For example, Cargill Corporation, 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.
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Attribute | Details |
---|---|
Market Size Value in 2020 | USD 37,053 Million |
Market Forecast Value in 2031 | USD 144,322 Million |
Global Growth Rate | ~13.2% |
Forecast Period | 2021 to 2031 |
Historical Data Available for | 2016 to 2020 |
Market Analysis | MT for Volume and USD Million for Value |
Key Regions Covered | North America; Latin America; Europe East Asia; South Asia; Oceania; and Middle East & Africa |
Key Countries Covered | USA, Canada, Brazil, Mexico, Rest of LATAM, Germany, UK, France, Spain, Italy, BENELUX, Russia, Rest of Europe, China, Japan, South Korea, India, Indonesia, Malaysia, Singapore, Rest of South Asia, Australia, New Zealand, South Africa, GCC Countries and Rest of South Africa |
Key Market Segments Covered | Nature, Product Type, Distribution Channel, and Region |
Key Companies Profiled | Amy’s Kitchen; 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. and others |
Pricing | Available upon Request |
Non-GMO food products market size is worth more than USD 41,510 Million.
Non-GMO food products consumption is expected to grow at a CAGR of around 13.2% during the period 2021 to 2031.
In terms of revenue non-GMO food products grew at a CAGR of around 10.4% during 2016-2020
Non-GMO food products are gaining traction due to concerns over the effect of genetically modified foods on health, advanced technologies, shifting consumers’ preference towards healthy food products are the latest trends of non-GMO food products being observed in the market.
Market companies are choosing to aim at research and development, consolidation of distribution channel in emerging countries, new product introductions to stay a noticeable player in the global market.
The top 20 producers of Non-GMO food products hold around 45-50% of the market share.
The US, Russia, UK, China, Brazil, Germany, India are the major countries driving demand for non-GMO food products.
Europe holds around 27.8% of the total non-GMO food products revenue share
US non-GMO food products market is projected to grow at a CAGR of around 12.6% over the next ten years.
The report presents a detailed cost analysis of non-GMO food products based on products i.e. grain and cereals, bakery & confectionery, beverages, dairy products, infant food, condiment, dressing, & oil, and others.
1. Market Overview 2. The Massive Impact of the Crisis 3. Market Background 4. Key Regulations 5. Value Chain Analysis 6. Global Non-GMO Food Products Market Demand Analysis 2016 to 2020 and Forecast 2021 to 2031 7. Global Non-GMO Food Products Market - Pricing Analysis 8. Global Non-GMO Food Products Market Demand (Size in USD Million) Analysis 2016 to 2020 and Forecast 2021 to 2031 9. Global Non-GMO Food Products Market Analysis 2016 to 2020 and Forecast 2021 to 2031, By Nature 9.1. Organic 9.2. Conventional 10. Global Non-GMO Food Products Market Analysis 2016 to 2020 and Forecast 2021 to 2031, By Product 10.1. Grain and Cereals 10.1.1. Wheat 10.1.2. Soya 10.1.3. Corn 10.1.4. Others 10.2. Bakery and Confectionery 10.2.1. Bread 10.2.2. Pastry 10.2.3. Candy 10.2.4. Others 10.3. Beverages 10.3.1. Alcoholic Beverages 10.3.2. Non-Alcoholic Beverages 10.4. Dairy Products 10.4.1. Yogurt 10.4.2. Cheese 10.4.3. Ice Cream 10.4.4. Others 10.5. Infant Food 10.6. Condiment, Dressing, & Oil 10.6.1. Vegetable Oils 10.6.2. Jams, Jellies 10.6.3. Syrups 10.7. Others (Spices, Soups, etc.) 11. Global Non-GMO Food Products Market Analysis 2016 to 2020 and Forecast 2021 to 2031, By Distribution Channel 11.1. Direct Sales/B2B 11.2. Indirect Sales/B2C 11.2.1. Supermarkets/Hypermarkets 11.2.2. Wholesalers 11.2.3. Online Retail 11.2.4. Specialty Stores 11.2.5. Other Retail Formats 12. Global Non-GMO Food Products Market Analysis 2016 to 2020 and Forecast 2021 to 2031, By Region 12.1. North America 12.2. Latin America 12.3. Europe 12.4. East Asia 12.5. South Asia 12.6. Oceania 12.7. Middle East and Africa (MEA) 13. North America Non-GMO Food Products Market Analysis 2016 to 2020 and Forecast 2021 to 2031 14. Latin America Non-GMO Food Products Market Analysis 2016 to 2020 and Forecast 2021 to 2031 15. Europe Non-GMO Food Products Market Analysis 2016 to 2020 and Forecast 2021 to 2031 16. East Asia Non-GMO Food Products Market Analysis 2016 to 2020 and Forecast 2021 to 2031 17. South Asia Non-GMO Food Products Market Analysis 2016 to 2020 and Forecast 2021 to 2031 18. Oceania Non-GMO Food Products Market Analysis 2016 to 2020 and Forecast 2021 to 2031 19. Middle East and Africa Non-GMO Food Products Market Analysis 2016 to 2020 and Forecast 2021 to 2031 20. Key Countries Non-GMO Food Products Market Analysis 2016 to 2020 and Forecast 2021 to 2031 21. Market Structure Analysis 22. Competition Analysis 22.1. Amy’s Kitchen 22.2. Blue Diamond Growers 22.3. Chiquita Brands International Sarl 22.4. Clif Bar & Company 22.5. The Hain Celestial Group Inc. 22.6. Nature's Path Foods Inc. 22.7. NOW Health Group Inc. 22.8. Organic Valley 22.9. Pernod Ricard SA 22.10. United Natural Foods Inc. 22.11. Other Players (On Additional Requests) 23. Assumptions and Acronyms Used 24. Research Methodology
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