Environmental Friendly And Sustainable Food Market Size, Analysis And Industry Forecast 2024-2033

Overview and Scope

Environmental friendly and sustainable food refers to food products and practices that prioritize minimizing environmental impact, promoting biodiversity, and supporting social equity throughout the production, distribution, and consumption processes. It is used to promote healthier ecosystems and communities through responsible production and consumption practices.

Sizing and Forecast

The environmental friendly and sustainable food market size has grown strongly in recent years. It will grow from $115.9 billion in 2023 to $124.17 billion in 2024 at a compound annual growth rate (CAGR) of 7.1% The growth in the historic period can be attributed to demand for organic produce, climate change awareness, increasing eco-friendly farming practices, food sovereignty movements, environmental concerns.

The environmental friendly and sustainable food market size is expected to see strong growth in the next few years. It will grow to $161.7 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to increasing consumer awareness and education, increasing consumer preference for healthier and ethical food choices, increasing focus on health and wellness among consumers, increasing consumer demand for ethically sourced food products. Major trends in the forecast period include certification standards, expansion of regenerative agriculture, expansion of food waste reduction technologies, expansion of food cooperatives and collective purchasing initiatives, development in production line.

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Segmentation & Regional Insights

The environmental friendly and sustainable food market covered in this report is segmented –

1) By Product Type: Organic Food, Plant-Based Or Alternative Proteins, Sustainable Seafood, Other Products

2) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Online Retailers, Foodservice Providers, Other Channels

3) By Application: 16-34 Years Old, 35-54 Years Old, Over 55 Years Old

North America was the largest region in the environmental friendly and sustainable food market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the environmental friendly and sustainable food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth

The demand for organic produce is expected to propel the growth of the environmentally friendly and sustainable food market going forward. The demand for organic produce is increasing due to growing awareness among consumers about the health and environmental benefits of organic products. Organic produce is environmentally friendly and sustainable as it is produced in a way that minimizes negative impacts on the environment, promotes ecological balance, and supports long-term agricultural sustainability. For instance, in 2023 according to the Organic Trade Association, a US-based membership-based business association, organic food sales in the United States reached a record $56.4 billion in 2021, marking a 12.4% increase from the previous year. Therefore, the demand for organic produce is driving the growth of the environmentally friendly and sustainable food market.

Key Industry Players

Major companies operating in the environmental friendly and sustainable food market are WhiteWave Foods Company, Amy’s Kitchen, Earthbound Farm, Ben & Jerry’s Homemade Holdings Inc., Beyond Meat Inc., Organic Valley Cooperative, Clif Bar & Company, Nature’s Path Foods, Impossible Foods Inc., Patagonia Provisions, Nutiva, Eden Foods Inc., Applegate Farms LLC, Annie’s Homegrown, Lundberg Family Farms, Stonyfield Organic, Dr. Bronner’s, Honest Tea, Newman’s Own Inc., Sir Kensington’s, Alter Eco, Kashi Company, Cascadian Farm Organic, Simply Organic, Organic Gemini

The environmental friendly and sustainable food market report table of contents includes:

Executive Summary
Environmental Friendly And Sustainable Food Market Characteristics
Environmental Friendly And Sustainable Food Market Trends And Strategies
Environmental Friendly And Sustainable Food Market – Macro Economic Scenario
Global Environmental Friendly And Sustainable Food Market Size and Growth
Environmental Friendly And Sustainable Food Market Segmentation
Environmental Friendly And Sustainable Food Market Regional And Country Analysis

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Key Mergers And Acquisitions In The Environmental Friendly And Sustainable Food Market
Environmental Friendly And Sustainable Food Market Future Outlook and Potential Analysis
Appendix

List Of Tables:

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Environmental Friendly And Sustainable Food Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Environmental Friendly And Sustainable Food Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Environmental Friendly And Sustainable Food Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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Table 74: WhiteWave Foods Company Financial Performance

Table 75: Amy’s Kitchen Financial Performance

Table 76: Earthbound Farm Financial Performance

Table 77: Ben & Jerry’s Homemade Holdings Inc. Financial Performance

Table 78: Beyond Meat Inc. Financial Performance

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