| Source: Research and Markets Research and Markets
Dublin, March 11, 2022 (GLOBE NEWSWIRE) — The “United States Organic Food Market, By Product Type, By Distribution Channel, By Region, By Top 10 States, Competition Forecast & Opportunities, 2027” report has been added to ResearchAndMarkets.com’s offering.
The United States Organic Food Market valued at USD59.28 billion in 2020 and is expected to further grow with a CAGR of 13.83% in the forecast years 2022-2026, to achieve a market value of USD125.65 billion by 2026F
The factors contributing to the growth of the market include growing demand for healthier and herbal alternatives of food items and rapidly growing population that is concerned about their food intake, chemical infused food material, and supplements. Also, growing awareness about harmful effects of excessive usage of chemicals like pesticides, and fertilizers for food cultivation is supporting the growth of the United States Organic Food Market.
Increasing focus on fitness, and health and consumption of food and supplements is also driving market growth. Increasing instances of lifestyle related diseases like obesity, diabetes, high-cholesterol issues, high blood-pressure are also substantiating the growth of the United States Organic Food Market in the future five years.
Moreover, rising disposable income among the population, surging count of certified organic farms, are further aiding the growth of the United States Organic Food Market. Growing concerns over environmental safety is also one of the major growth factors.
Strict organic cultivation standards, ensure the impact of agricultural practices on soil, water, and air and thus provides environmental advantages and thus drives the growth of the United States Organic Food Market in the forecast period.
The United States Organic Food Market segmentation is based on product type, distribution channel, regional distribution, top 10 states, and competitive landscape.
Organic fruits & vegetables segment holds the largest market share and is expected to remain dominant in the forecast period as well owing to the increasing demand from the health-conscious consumers. Increased cultivation of organic fruits and vegetables without the use of chemically infused pesticides, and fertilizers is also supporting the growth of the United States Organic Food Market in the future five years.
Some of the major players operating in the United States Organic Food Market are Sprouts Farmers Market, Inc., Danone North America, General Mills, Inc., The Hain Celestial Group, Inc., Organic Valley and Others.
To remain competitive in the Unites States organic food market companies are continuously changing distribution channel, upgrading technology, changing marketing strategy to capture majority of the consumer base in the country.
The company named Sprouts Farmers Market, Inc. has changed its marketing strategy to promote its differentiated value propositions which is more profitable and helped the company to grow faster.
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United States Organic Food Market, By Product Type:
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Company Profiles: Detailed analysis of the major companies operating in the United States Organic Food Market.
For more information about this report visit https://www.researchandmarkets.com/r/tiwoc