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Non-GMO Food Market Is Bound To Make An Impact In Your Business.

Author: Ruchi Walt
by Ruchi Walt
Posted: Oct 06, 2019

Non-genetically modified organism (GMO) food products are formulated without the use of ingredients derived from GMOs. Non-GMO foods majorly comprise organically farmed ingredients such as organic soy, organic maze, and others.

Vendors operating in the global non-GMO foods market are increasingly investing in the expansion of their e-commerce resources and digital technology to cater to a larger global consumer base. For instance, in March 2019, Cargill announced the launch of its digital platform, myCargill.com, with a pilot group comprising 12 of the company’s customers. The digital e-commerce platform enables the company’s customers to order and purchase non-GMO food products, such as edible oils, in a streamlined manner. The platform also providers customers access to key product and safety information pertaining to these food products.

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Increasing digitization among vendors in the global non-GMO foods market will help them offer personalized business services and features, such as market intelligence, and real-time order tracking to consumers. The growing emphasis by vendors on the development of digital distribution networks is expected to provide greater speed and flexibility to distributors and end-users, and subsequently cater to a larger consumer base. Overall, the growing trend of e-commerce and digital retail is expected to boost the growth of the global non-GMO food market at a CAGR of 17.15% during the forecast period.

The growing awareness among consumers about the benefits of balanced nutrition and healthy food habits has increased the popularity of non-GMO foods. This is encouraging vendors to increase the procurement of non-GMO crops and ingredients for the formulation of their food products. The rising consumer demand for non-GMO products has led several vendors to expand their production facilities. For instance, Amy’s Kitchen has already announced plans to expand its production facility in the US. This production facility will boost organic farming and sourcing of non-GMO ingredients from local farms. Increasing investments in the expansion of production facilities by many such vendors is expected to drive the growth of the global non-GMO food market size during the forecast period.

The global market is fragmented. To help clients improve their market positions, this non-GMO food market forecast report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. This report also includes information on the upcoming non-GMO food market trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

The non-GMO cereals and grains segment held the largest market share in 2018 and will account for the highest non-GMO food market share over the forecast period as well. The growth of the segment is largely influenced by the initiatives undertaken by private and government bodies across the world to promote the cultivation and commercialization of non-GMO foods. This report provides an accurate prediction of the contribution of all the segments to the growth of the non-GMO food market size.

With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest share of the non-GMO food market throughout the forecast period. Vendors operating in the region are making significant investments to expand their GMO-free food product portfolios. Several vendors are engaging in M&A activities to scale up and expand their non-GMO food product offerings. These factors are driving non-GMO food market growth in North America.

About the Author

Love to share the info on various topics of the markets, along with their latest market trends, size, share and growth with forecast.

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Author: Ruchi Walt

Ruchi Walt

Member since: Oct 01, 2019
Published articles: 13

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