United States (US) Organic Food Market Summary, Competitive Analysis and Forecast to 2027
- Pages: 54
- Published: October 2023
- Report Code: MLOHMF21640
Organic Food in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– Organic food includes produce that has been independently certified to have been grown free of chemicals. For the purposes of this report, eggs have been classified as part of the meat, fish and poultry segment. Market values are taken at retail selling price (RSP).
– The US organic food market had total revenues of $64.1 billion in 2022, representing a compound annual growth rate (CAGR) of 7.2% between 2017 and 2022.
– The fruit & vegetables segment accounted for the market's largest proportion in 2022, with total revenues of $21.8 billion, equivalent to 34.1% of the market's overall value.
– According to the Organic Trade Association, sales of organic foods in the US surpassed $60 billion for the first time in 2022, setting a new high-water milestone for the tenacious organic sector.
Scope
– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the organic food market in the United States
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the organic food market in the United States
– Leading company profiles reveal details of key organic food market players’ global operations and financial performance
– Add weight to presentations and pitches by understanding the future growth prospects of the United States organic food market with five year forecasts
Reasons to buy
- What was the size of the United States organic food market by value in 2022?- What will be the size of the United States organic food market in 2027?
- What factors are affecting the strength of competition in the United States organic food market?
- How has the market performed over the last five years?
- What are the main segments that make up the United States's organic food market?
Companies mentioned
Costco Wholesale Corporation
Amazon.com, Inc.
The Kroger Co
Walmart Inc
Table of Contents
List of Tables
List of Figures
Pricing
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