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Organic Foods Market Global Size, Growth, Segments, Revenue By 2022-2029 The global organic foods market size was valued at USD 140.46 billion in 2021 and USD 157.48 billion in 2022. The market is expected to reach USD 366.66 billion by 2029 with a CAGR of 12.83% during the forecast period. Increasing health consciousness in consumers is predicted to boost the demand for the products. Rise in the levels of income allows consumers to buy such products which is set to drive market growth. Celebrity endorsement and fund raising activities are expected to propel the market course. Evolving agriculture farming is expected to facilitate market development for organic foods. Fortune Business Insights™ shares this information in its report titled “Organic Foods Market, 2022-2029.” Browse a Complete Copy of This Research Report: https://www.fortunebusinessinsights.com/industry-reports/organic-foods-market-101470 List of Key Players Profiled in the Report General Mills Inc. (U.S.) Danone S.A. (France) Dole plc. (Ireland) Organic Valley (U.S.) Organic India Pvt. Ltd. (India) Amy's Kitchen, Inc. (U.S.) Arla Foods Amba (Denmark) Eden Foods Inc (U.S.) Hain Celestial Group, Inc. (U.S.) SunOpta Inc (U.S.) Segments Fruits & Vegetables to Lead Due to Increasing Nutritional Values On the basis of the category, the market is divided into fruits & vegetables, dairy, meat, fish, & poultry, frozen & processed foods, cereals & grains, beverages, and others. Fruits & vegetables segment is anticipated to have the largest part due to its nutritional value and presence of various minerals, vitamins, fibers, and antioxidants. Unprocessed Foods to Govern the Segment Owing to its Convenience Based on product type, the market is categorized into processed and unprocessed. Unprocessed organic foods are expected to have a major part owing due to their fresh-like appearance and convenience associated with these foods. Supermarkets/Hypermarkets to Lead the Segment Due to Wide Range of Products Based on distribution channel, the market is divided into supermarkets/hypermarkets, specialty stores, convenience stores, online retail stores, and others. Supermarkets/hypermarkets segment is expected to have a major part as it offers a wide range of brands and product varieties in a single place. Report Coverage The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players. Drivers and Restraints Evolving Farming Practices to Drive Market Development Increasing and evolving farming practices due to the wide availability of chemical fertilizers and pesticides are anticipated to drive the organic foods market growth. Increasing practices that affect the environment due to the use of hazardous chemicals in agriculture are expected to drive market growth. An emerging trend of organic farming globally increases the product availability and makes it more affordable. An increasing number of product launches by the market players is expected to push market growth. However, high prices and limited shelf life of the organic foods are expected to impede market growth. Regional Insights Europe to Lead Market Share Owing to Increasing Environmental and Animal Concerns Europe is anticipated to head the organic foods market share due to growing environmental and animal welfare concerns which inspire individuals to consume organic products such as fruits and vegetables. According to AgenceBio, a French Agency for the Development and Promotion of Organic Agriculture stated that in the year 2020, fresh fruits & vegetables was the second leading organic product consumed in France with 17% of organic consumption at home, followed by groceries (31%). North America is anticipated to be one of the major regions for this market due to increasing awareness for health amongst consumers and adoption of organic foods. There has been an increasing demand and preference in various countries such as Canada, the U.S., and Mexico. According to the Organic Trade Association (OTA), the dollar sales growth of organic baby food category in the U.S. was increased by 11%, which was followed by the beverages segment with 8% in 2021. Competitive Landscape New Product Offerings by Key Market Players to Set Market Course Major players in the market have been offering a wide range of product offerings, new product launches, and brand loyalty in developed and developing countries. The entry of new players in the market with innovative products has boosted market growth. In May 2022, Amul announced that it will add a new organic food product portfolio by launching a range of products such as organic whole wheat atta, moong dal, tur dal, chana dal, and basmati rice. Key Industry Development May 2022- Barry Callebaut announced its expansion of plant-based product portfolio with the addition of dairy-free organic chocolate to serve its consumers across North America. Barry Callebaut is a Belgian-Swiss cocoa processor and chocolate manufacturer.

Hummus Market Size, Share, Key Players Profiles, Trends, Development, Demand, Growth Outlook and Forecast by 2021-2028 The global hummus market size is set to gain momentum from the increasing shift of people towards the vegan diet, especially in Europe and North America. The surging awareness of environmental sustainability and animal welfare is compelling people to opt for plant-based dips. As per Statista, in the U.S., sales of refrigerated plant-based dips went up to USD 11 million in April 2019. As per the report, the market size was USD 2.62 billion in 2020. It is predicted to grow from USD 2.95 billion in 2021 to USD 6.60 billion in 2028 at a CAGR of 12.17% in the forecast period. Companies profiled in the hummus market report are: Nestlé S.A. (Vevey, Switzerland) Cedar’s Mediterranean Foods, Inc. (Massachusetts, U.S.) Haliburton International Foods, Inc. (California, U.S.) Strauss Group, Ltd. (Sabra Dipping Company, LLC) (Petah Tikva, Israel) Bakkavor Group Plc (London, United Kingdom) Tribe Hummus (Massachusetts, U.S.) Boar’s Head Brand (Florida, United States) Hummus Gourmet, LLC (Lantana Foods) (Texas, U.S.) The Kraft Heinz Company (Illinois, U.S.) Hope Foods, LLC. (Colorado, U.S.) Report Coverage: We have conducted extensive primary and secondary research to gather information about various aspects of this report. Our special interviews with end-user respondents and supply side respondents helped in gaining insights into the average pricing, per capita consumption trend, and average spending on products, growth rate, market size, and dynamics. We have also taken information from reputed journals, articles, and press releases of companies operating in this industry. Drivers & Restraints: Rising Usage of Functional Ingredients to Improve Immunity will Aid Growth Consumers across the globe are nowadays demanding for unique flavors in their dips. Hence, several manufacturers are striving constantly to come up with novel products to cater to the taste and preferences of consumers. O'Dang Foods, for instance, introduced two new flavors of balsamic feta and classic Mediterranean hummus in the U.S. in June 2020 to fulfill the high demand for Mediterranean cuisine. A few other companies are equipping their dips with various functional ingredients, such as lime, turmeric, blueberry, and lavender because of the ongoing COVID-19 pandemic for enhancing immunity. However, the increasing availability of substitutes, namely, salsa and tahini may hamper the hummus market growth. Regional Insights: North America to Dominate Fueled by Higher Consumption of Dips and Spreads in the U.S. Geographically, North America held USD 1.33 billion in terms of revenue in 2020. It is anticipated to dominate the market in the upcoming years. The surging consumption and production of spreads and dips, especially in the U.S. would bolster growth. Also, companies are trying to produce attractive and new dips to generate more sales. Argania Foods, for instance, introduced vegan cauliflower keto hummus dip in the U.S. in December 2019. On the other hand, Europe is likely to remain in the second position backed by the high popularity of the product in the U.K. In Asia Pacific, the rising disposable income of people is expected to aid growth. Segments: Classic Segment Earned 41.40% Share in 2020: Fortune Business Insights™ Based on type, the market is divided into red pepper, classic, black olive, white bean, roasted garlic, and others. Out of these, the classic segment is set to remain at the forefront in the near future because of its versatility and easy availability. It can be consumed as a dip, spread, or appetizer. At the same time, it is highly nutritious and naturally gluten-free. The segment generated 41.40% in terms of the hummus market share in 2020. Competitive Landscape: Key Players Focus on New Product Development to Intensify Competition The global market houses a large number of international and local companies that are constantly launching state-of-the-art products in various sizes to meet consumers’ needs. Most of them are conducting R&D activities to create unique dips. KEY INDUSTRY DEVELOPMENTS: April 2021: Ithaca Hummus unveiled two popular flavors, namely, Lemon Dill and Lemon Garlic in the sharing-size 17 oz. container for the first time. It would help the company to offer innovative products to those who consume the product on a regular basis. May 2020: Brami launched a new hummus made from lime juice, sunflower & olive oil, and lupini beans. It does not require refrigeration or contain artificial preservatives. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/hummus-market-105632

The global hummus market size is set to gain momentum from the increasing shift of people towards the vegan diet, especially in Europe and North America. The surging awareness of environmental sustainability and animal welfare is compelling people to opt for plant-based dips. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/hummus-market-105632