Europe Organic Food Market Forecast
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Size in 2023: USD 52.2 Billion
Market Forecast in 2032: USD 124.1 Billion
Market Growth Rate: 10.1% (2024-2032)
The Europe organic food market size reached USD 52.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 124.1 Billion by 2032, exhibiting a growth rate (CAGR) of 10.1% during 2024-2032.
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Europe Organic Food Market Trends:
Consumer Awareness and Health Concerns
- Growing awareness of health and environmental issues is driving demand for organic food.
- Preference for natural and chemical-free ingredients, seen as safer and more nutritious compared to conventional products.
Shift in Lifestyle Choices
- Increasing number of consumers adopting healthier lifestyles, especially post-pandemic.
- Greater consciousness about dietary choices and their impact on immune function and overall health.
Regulatory Support
- Stringent EU regulations on organic certification ensure high production and quality standards.
- Enhanced consumer trust due to these regulations, further driving market growth.
Expansion of Retail Space
- Significant increase in retail space dedicated to organic products.
- Major supermarkets and grocery chains allocating more shelf space to meet rising consumer demand.
Growth of Specialized Retail
- Rise of specialized organic food shops and online platforms offering a wide range of organic products.
Financial Support for Organic Farming
- Financial aid and promotional campaigns supporting organic farming contribute to sector growth.
- Expected to continue driving the Europe organic food market in the forecasted period.
Europe Organic Food Market Forecast and Segmentation:
The report has segmented the market into the following categories:
Product Type Insights:
- Organic Fruits and Vegetables
- Organic Meat, Poultry and Dairy
- Organic Processed Food
- Organic Bread and Bakery
- Organic Beverages
- Organic Cereal and Food Grains
- Others
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Stores
- Others
Application Insights:
- Bakery and Confectionery
- Ready-to-eat Food Products
- Breakfast Cereals
- Others
Country Insights:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Top Players Analysis:
The report provides a detailed analysis of the competitive environment. It covers various aspects such as market structure, positioning of key players, top strategies for success, a competitive dashboard, and a company evaluation quadrant. Furthermore, the report includes comprehensive profiles of all major companies.
Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=8933&flag=C
Other Key Points Covered in the Report:
- COVID-19 Impact on the Market
- Porter's Five Forces Analysis
- Strategic Recommendations
- Market Dynamics
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
- Top Winning Strategies
- Recent Industry News
- Key Technological Trends & Development
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.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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