Global Non-Genetically Modified Organisms Food Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Non-Genetically Modified Organisms Food Market 2021 (Includes Business Impact of COVID-19)
Global Non-Genetically Modified Organisms Food Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights, which offers in-depth insights, revenue details, and other vital information regarding the global non-genetically modified organism`s food market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global non-genetically modified organisms food market report has been segmented on the basis of distribution channel, application, and region.
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This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the global market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the global non-genetically modified organisms food market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Overview:

Non-genetically modified organisms (Non-GMO) food are organic food and beverage products come with eco-friendly nature and minimal chemical content. There is wide range of non-genetically modified organism food available such as milk and eggs that is obtained by non-GMO animals.

Dynamics:

Growing demand for non-genetically modified organisms food among individuals across the globe is a key factor expected to drive growth of the global non-genetically modified organisms food market over the forecast period. In addition, rising health consciousness related with GMO food among individuals is expected to support growth of the global non-genetically modified organisms food market.

Increasing trend towards consumption of non-genetically modified food products among young populations is expected to support growth of the target market. Also, increasing utilization of non-genetically modified ingredients in production of various food products is another factor expected to proliferate growth of the global market in the near future.

Furthermore, increasing packaging innovations for quality maintenance and long shelf life of non-genetically modified organisms food by manufacturers is expected to market expansion for players in the global market.

However, stringent regulations and rules associated with production and cultivation of non-genetically modified organisms food is a major factor expected to restraint growth of the global non-genetically modified organisms food market. In addition, changing consumer taste preferences, fluctuating economic conditions, and demographic trends are some other challenges expected to hamper the growth of the target market to a certain extent.

Segment Analysis:

On the basis of distribution channel, the super markets segment is expected to dominate in the global non-genetically modified organisms food market, owing to increasing availability of organic food products at supermarkets across the globe. On the basis of application, the fruits and vegetables segment is expected to dominate in the global non-genetically modified organisms food market, owing to increasing awareness regarding health benefits offered by plant based food products.

Regional Analysis:

The market in North America is expected to account for the highest market share over the forecast period. Increasing consumption of non-genetically modified organisms food in the US and Canada markets is expected to support growth of the target market in the near future. Market in Asia Pacific is expected to register significant growth in the global market in terms of revenue, owing to increasing awareness regarding various health benefits of non-genetically modified organisms food among consumers in countries such as China, India, and Japan in the region.

Market in Europe is expected to register lucrative growth during the next 10 years. Furthermore, the market in Latin America and Middle East & Africa is expected to register advent growth in the global market owing to increasing penetration of non-genetically modified organisms food products in countries in the region.

Global Non-Genetically Modified Organisms Food Market Segmentation:

Segmentation by Distribution Channel:

  
Food Service
  
Super Markets
  
Convenience Stores
  
Others (Retailers, General Merchandisers, Relaxation Drinks, Common Market Places and Ready to Drink Beverages)

Segmentation by Application:

  
Beverages
  
Pet Products
  
Meat Products
  
Fruits and Vegetables
  
Homeopathic Remedies
  
Cereal and Breakfast Foods
  
Alternative for Diary Products
  
Plant Seed and Animal Feed
  
Baby Food and Infant Formula


Key Market Players included in the report:


  
Alberts Organics Chiquita Brands
  
Amys Kitchen, Inc.
  
Beijing Green Yard Development
  
Blue Diamond Growers
  
Chiquita Brands International Sarl
  
Clif Bar & Company
  
Earthbound Farms, LLC
  
Hain Celestial Group
  
Natures Path Foods, Inc.
  
NOW Health Group Inc.
  
Organic Valley Cropp Cooperative
  
Pernod Ricard SA
  
Shanghai Food
  
Shanghai Green Life Agri-Tech Company
  
Shanghai Standard Foods Co., Ltd.
  
The Hain Celestial Group Inc.
  
United Natural Foods Inc.
  
United Natural Foods, Inc.
  
Vert Living Natural Market.
  
YMT Organic Farm


Below are the key development related to Non-Genetically Modified Organisms Food Market in 2020 and 2021.


July 2021: ADM Accelerates Growth of Leading Global Alternative Protein Platform with Planned Acquisition of Sojaprotein. Global nutrition leader ADM (NYSE: ADM) announced that it has reached an agreement to acquire Sojaprotein, a leading European provider of non-GMO soy ingredients. Established in 1977, Serbia-based Sojaprotein has sales into 65 countries, offering a wide array of non-GMO vegetable protein ingredients for an extensive list of European and global customers in the meat alternative, confectionary, protein bar, pharmaceutical, pet food, and animal feed segments. The company had more than $100 million in sales in 2020. Source

January 2021: No-GM certificate compulsory for imported food crops from January. FSSAI announced an order on 24 items even as it operates on regulations for GM foods. From January 1, 2021, importers of 24 major food crops will have to compulsory proclaim that the products are not genetically-modified and that they also have a non- GM origin. In this article, we will discuss on No-GM certificate mandatory for imported food crops. The Food Safety and Standards Authority of India (FSSAI) has proved with this declaration to assure that only non-GM food commodities come into the country. The 24 food crops contain apple, eggplants, maize, wheat, melons, pineapple, papaya, plum, potatoes, rice, soybean, sugarbeet, sugarcane, tomato, sweet pepper, squash, flaxseed, bean plum, and chicory. Source

December 2020: FoodChain ID Announces Recapitalization With Berkshire Partners. FoodChain ID, a global leader in food safety, testing and sustainability, announced that it has entered into a recapitalization transaction with Berkshire Partners, a Boston-based investment firm. Terms of the transaction were not disclosed. FoodChain ID provides the food industry with technology-enabled safety, quality, and sustainability solutions to navigate the New Food Economy. Its offerings provide the data, technologies, and tools necessary to meet growing demand for higher levels of transparency, accountability, safety, and sustainability across the supply chain. FoodChain ID’s focus areas include food safety, organic and non-GMO verification and testing, and regulatory compliance. Source

February 2020: Agrana acquires Marroquin Organic International. Fruit, starch and sugar group Agrana is expanding its distribution activities in the starch segment with the acquisition of Marroquin Organic International Inc., a Santa Cruz, Calif.-based distributor of organic and non-G.M.O. ingredients. Marroquin Organic International is a long-standing partner of Agrana with more than $20 million in annual revenue. Source