About Non-GMO Food Products
Food and Beverages which are manufactured without any genetically modified organisms, pesticides or chemical preservatives are known as Non-GMO Food Products. Consciousness among people about potential health risks, and Internet Blogs has resulted in increasing demand for Non-GMO Food products. Rising Organic Culture has also accelerated the Non-GMO Products Market, as most Organic Consumers also tend to Prefer Non-GMO Food Products. Geographically, North America leads the Non-GMO food products demand. North America is also home to largest Non-GMO food products verifier and certifier known as Non-GMO Project. Although lack of Proper Verification in various markets has limited the scope of Non-GMO Food Products.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
General Mills, Inc. (United States), Unilever (United Kingdom), Bob’s Red Mill (United States), Robert's American Gourmet Food (United States), Kikkoman Corporation (Japan), Amy's Kitchen Inc. (United States), The Hain Celestial Group Inc. (United States), Kind LLC (United States) and Organic Valley (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are NOW Health Group Inc. (United States), American Halal (United States) and Nature's Path Foods Inc. (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Non-GMO Food Products market by Type (Beverages, Dairy Products, Fruits and Vegetables, Grains, Beans and Flour, Processed Food (Confectionary Products, Cereals, Frozen Meal, and Others), Nutritional Supplement and Others) and Region.
On the basis of geography, the market of Non-GMO Food Products has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel , the sub-segment i.e. Online (E-Commerce Stores) will boost the Non-GMO Food Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging , the sub-segment i.e. Tetra Pak's products will boost the Non-GMO Food Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Incresed expansion of non-GMO product offerings
Market Growth Drivers:
Consumers are becoming increasingly aware of the potential health benefits of non-GMO foods. and Rising demand for organic and natural foods
Challenges:
Limited availability of non-GMO seeds and crops and Lack of clear and consistent regulations around GMO labeling
Restraints:
Higher costs of non-GMO ingredients compared to GMO ingredients
Opportunities:
Development of new non-GMO food products such as plant-based meats and dairy alternatives.
Market Leaders and their expansionary development strategies
In July 2021, Archer Daniels Midland Co. (ADM) announced on July 26 that it has reached an agreement to acquire Sojaprotein, a leading European provider of non-GMO soy ingredients. The acquisition will expand unparalleled capabilities.
In August 2022, Nomoo New American Burgers Partnered with Nestle SA to develop a proprietary line of plant-based products. The company offers gluten-free, non-GMO pea protein burgers with plant-based chicken burgers and cheese.
Key Target Audience
Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.