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US Organic Food Market Growth

US organic food market is growing at a high rate because of the growing consumer awareness for health and well-being, coupled with stringent government regulation to maintain safety and quality standards in food.<br>

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US Organic Food Market Growth

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  1. US Organic Food Market, By Product Type Trend Analysis, Competitive Market Share & Forecast, 2020-2027

  2. US Organic Food Market- Industry Trends & Forecast Report 2027 A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the US organic food market was worth USD 52.3 billion in 2020. According to the study, the market is estimated to grow at a CAGR of 8.7%, earning revenue of around USD 95.1 billion by the end of 2027. US organic food market is significantly proliferating because of the driving factors such as increasing health awareness among consumers and increasing environmental concern due to the heavy use of pesticides, chemical fertilizers, and other chemicals in conventional farming. In addition, the shift towards organic farming is providing lucrative growth opportunities for the U.S. organic food market.

  3. Growth Drivers  Launch of Wide Range of Organic Food Products With growing potential and demand for organic food in the U.S. market, the companies are launching a wide range of products to cater to consumers’ nutritional needs and tastes and to exploit market opportunities. For instance, Nature Zen USA recently announced the launch of its high-quality organic plant-based protein in the US market. Another brand called Happy Family Organics announced a new pouch line ‘Happy Baby Savory Blends', servings of organic vegetables, especially for 6+ month babies. Thus, the availability of a wide range of products provides lucrative growth opportunities to the U.S. organic food market growth.

  4. Restraints  High Cost of Organic Food Products Organic food products are more expensive than inorganic ones, limiting their penetration into the mainstream market. Food inflation results from large imports of organic foods into the United States. The yield of organic farming is comparatively low due to the elimination of chemical fertilizers, creating a gap between demand and supply of organic food. Furthermore, the shortage of shipping containers and labor forces influence the price of organic food, thereby acting as a major restraint for the growth of the U.S. organic food market.

  5. Impact of COVID-19 on U.S. Organic Food Market The US organic food market was initially halted by the sudden outbreak of the COVID-19 pandemic. People resorted to panic buying during the lockdown in anticipation of the perceived disaster. The result was a shortage of goods in convenience stores and supermarkets/hypermarkets. The organic food brands suffered significant losses as a result. The market is predicted to thrive in the post-COVID-19 period due to increased awareness of the necessity to protect oneself from COVID-19. Moreover, growing consciousness about sustainability and the damaging effects of chemical substances used in agriculture will spur the growth of organic farming, providing lucrative growth opportunities for the U.S. organic food market.

  6. US Organic Food Market - Competitive Landscape The leading players in the U.S. organic food market are WhiteWave Foods Company, Hain Celestial Group, General Mills, Nature's Path Foods, Amy's Kitchen, Newman's Own, Impossible Foods, Shenandoah Growers, Good PLANeT Foods, Rowdy Mermaid Kombucha, and other prominent players. Sample Copy of the Report: https://www.blueweaveconsulting.com/report/us-organic-food-market/report-sample

  7. Recent Development In December 2021,ChocXO, a leading US-based organic chocolate factory, announced its partnership with Sprouts, a supermarket chain, to expand its presence in the U.S. and increase brand visibility and product accessibility.

  8. Key Players WhiteWave Foods Company, Hain Celestial Group, General Mills, Nature's Path Foods, Amy's Kitchen, Newman's Own, Impossible Foods, Shenandoah Growers, Good PLANeT Foods, Rowdy Mermaid Kombucha, and other prominent players.

  9. About Us: Blueweave Consulting offers a one-stop solution for your market intelligence needs for any service or product. You get well-researched comprehensive reports based on qualitative and quantitative data to put your business plan into action. Your well-informed and timely decisions using our reports avert situations of excessive risks and help you grow your business with optimum risk-return trade-off. Delivering quality insights into several product or service markets within the timeline as per the needs of the clients has earned BWC an excellent reputation among clients. BWC strives to provide timely and accurate digital market intelligence services for making your business endeavors successful.

  10. Contact Us:  +1 866 658 6826 +1 425 320 4776 +44 1865 60 0662  info(@)blueweaveconsulting.com  www.blueweaveconsulting.com

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