An Incisive, In-depth Analysis on the Non Gmo Food Products Market
This study offers a comprehensive, 360 degree analysis on the Non Gmo Food Products market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Non Gmo Food Products market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Non-GMO Food Products to Garner 3X Revenues by 2029
Non-GMO products have garnered incredible consumer following since its inception. From developing countries to early adopters, consumers worldwide enquire about non-GMO and organic choices in daily food products. Growing consumer traction coupled with advancements in farming technology will propel the global Non-GMO food market to grow at a meteoric CAGR of more than 12% during the forecast period (2019 - 2029). Manufacturers of non-GMO food products are employing creative marketing strategies that aim at developing consumer interest by attracting, engaging, and delighting consumers with product information. They are deploying bespoke packaging and smart labels to facilitate easy access to non-GMO product details.
Grains & Cereals Drive Consumer Demands
Grains and cereals are the most demanded non-GMO products in the market. This can be attributed to prevailing use of grains and cereals as a primary source of fiber and carbohydrates. Millennials, baby boomers, and geriatric population alike eat grains and cereal such as wheat, corn, and soybean for its nutritional value. Bakery & Confectionary products are next in line with 19% market share. The rising disposable income of millennial consumers is causing an increase in expenditure on leisure food items such as cakes, pastries, and candy. Consumer are willing to pay a premium for non-GMO and organic food products.
Latin America Leads; Europe Follows Closely
Latin America leads demand generation with a majority market share of over 1/4th of total market value. Emerging economies in Latin America are going through a demographic transition where consumers increasingly demand non-GMO, organic, and sustainable food products. The prevalence of plant-based and vegan diets in North American countries positions this region as the second largest region in terms of market share. North America accounts for more than 21% of market share with a stupendous 17% CAGR. However, this is not the highest growth rate, Europe presents the most remunerative growth opportunities with a stellar 25% CAGR during the forecast period.
Strategy is Key for Gainful Future Opportunities
Market players are aiming for strategic establishment of distribution warehouses to facilitate time efficient and cost effective logistic operations. Rising population levels in developing countries is giving birth to information savvy millennial consumers that wish to eat organic and non-GMO food products. Advancements in horticulture technology is anticipated to aid an increase in production capacities. Manufacturers of non-GMO food products are mapping future growth trajectories based on consumer income levels and penetration of plant-based or vegan diets in a country. Major market players are increasing their global footprint to leverage future opportunities in prospective countries.
Indirect Distribution Propels Revenue Generation
The market is flooded with indirect distribution channels that will maintain share-wide and growth-wise dominance throughout the forecast the period. Wholesalers, local stores, online retailers, and specialty stores are witnessing multiplying footfalls owing to increasing consumer awareness. Market players stand a chance to garner surplus demand by forging strategic partnerships with stakeholders in indirect distribution channels.
FREQUENTLY ASKED QUESTIONS ABOUT Non-GMO Food Products Market
What drives the non-GMO food product market?
The non-GMO food products market is driven by plant-based and vegan diet trends that lays emphasis on integrating organic, non-GMO food products in daily dietary plans. Growing consumer awareness about benefits of non-GMO food products play a supporting role in development of this market.
Which factors put market players at risk?
Increasing investments from conglomerates and multinationals to venture into the non-GMO food product space poses mild restraints for dedicated market players. The lack of universal quality standards renders manufacturers to market their products based on consumer perception.
Which region will lead the global sales of non-GMO food products?
Latin America leads the global sales of non-GMO food products on the back of increasing disposable income and dietary trends. Consumers in Latin American countries are creating an ecosystem of early-adoption where non-GMO food products are one of the first things they wish to adopt.
Which product type segment offers most lucrative growth opportunities?
Grains and Cereals offer the most remunerative growth opportunities. Wheat, corn, soybean are primary source of fibre and carbohydrates for consumers worldwide. Hence, the dominance of grains and cereals is a result of that prevailing trend.
Which segment based on distribution channel will record the highest growth?
Indirect distribution channels such as online retail, supermarkets/hypermarkets, wholesalers and specialty stores will register the highest growth during the forecast period. Market players are also dedicating resource to direct B2B sales channels to establish a constant source of revenue.
Non- GMO food Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029
A recent market study published by Future Market Insights on the Non- GMO food market offers global industry analysis for 2014-2018 & opportunity assessment for 2019-2029. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.
Market Segmentation
The global Non- GMO food market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
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Report Chapters
Chapter 01 - Executive Summary
The executive summary of the Non- GMO food market includes the market country analysis, proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global Non- GMO food market.
Chapter 02 – Market Introduction
Readers can find the detailed segmentation and definition of the Non- GMO food market in this chapter, which will help them understand basic information about the Non- GMO food market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the Non- GMO food market report.
Chapter 03 – Market Background
The associated industry assessment of the Non- GMO food market is carried out in this section. The macroeconomic factors affecting growth of the Non- GMO food market are provided in this section and the impact of these macroeconomic indicators on the Non- GMO food market is analyzed. The processing overview and technological advancements in the Non- GMO food market is also provided.
Chapter 04 - Global Intergrated Food Ingridents Market Value Chain
Profit margins at each level of the Non- GMO food market are analyzed and readers can find detailed information on top importers and exporters as well as the value chain of the market.
Chapter 05 – Market Dynamics
The drivers and restraints impacting the growth of the Non- GMO food market are explained in this chapter. Opportunities and ongoing trends in the Non- GMO food market are also comprehensively discussed.
Chapter 06 – Global Non- GMO food Market Analysis and Forecast 2014-2029
This chapter includes detailed analysis of the historical Non- GMO food market (2014-2018), along with an opportunity analysis for the forecast period (2019-2029). Readers can also find the absolute $ opportunity for the current year (2019 - 2020) and incremental opportunity for the forecast period (2019-2029). This chapter provides details about the Non- GMO food market on the basis of product, and distribution channel. In this chapter, readers can understand market attractive analysis for all segments. This chapter explains how the Non- GMO food market is anticipated to grow across North America, Latin America, Europe, APEJ, Japan, Oceania and the Middle East and Africa.
Chapter 07 – North America Non- GMO food Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the Non- GMO food market in the North America region, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on product type and countries in the North America region.
Chapter 08 – Latin America Non- GMO food Market Analysis 2014-2018 & Forecast 2019-2029
Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of the Non- GMO food market in the Latin America region. This chapter also includes growth prospects of the Non- GMO food market in leading LATAM countries such as Brazil, Mexico, Chile, Peru, Argentina and the Rest of Latin America.
Chapter 09 – Europe Non- GMO food Market Analysis 2014-2018 & Forecast 2019-2029
Important growth prospects of the Non- GMO food market based on its end user in several countries such as EU-4, U.K., BENLUX, Nordic, Russia, Poland and Rest of Europe are included in this chapter.
Chapter 10 – APEJ Non- GMO food Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the Non- GMO food market in APEJ region including the important growth prospects of the Non- GMO food in several countries such as China, India ,South Korea and ASEAN countries are included in this chapter.
Chapter 11 – Japan Non- GMO food Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the Non- GMO food market in the Japan. Readers can also find regional trends, regulations, and market growth of countries in the Japan.
Chapter 12 – Middle East and Africa Non- GMO food Market Analysis 2014-2018 & Forecast 2019-2029
This chapter offers insights into how the Non- GMO food market is expected to grow in major countries in the MEA region such as GCC Countries, South Africa, North Africa and the Rest of MEA, during the forecast period 2019-2029.
Chapter 13 – Competition Assessment
In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the Non- GMO food market along with their market presence analysis by region and product portfolio. Readers can find a comprehensive list of leading manufacturers in the Non- GMO food market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players and end users featured in the report are Cargill, Inc., Associated British Foods Plc.,General Mills Inc.,Kraft Heinz, Archer Daniels Midland Company, Danone,Nestle S.A.,The Hain Celestial Group Inc. and others
Chapter 14 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the Non- GMO food report.
Chapter 15 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the Non- GMO food market.
Sources and Primary Research Splits (%)
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Industry Interactions
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References Catalogue
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