Market Overview:
The Global Sustainable Food Market size is expected to grow from USD 997.29 billion in 2022 to USD 1700.76 billion by 2030, at a CAGR of 6.9% during the forecast period (2023-2030).
Beyond food, sustainable food is about more than that. It is the result of a convergence of factors, such as the production, distribution, packaging, and consumption of food. Organic, non-polluting, safe for workers and consumers, conserve non-renewable natural resources, conserves energy, and, most importantly, does not compromise the requirements of future generations are all components of sustainable food production. The developing populace's anxiety about the climate, as well as rising environmental change and natural difficulties like fossil fuel byproducts, a worldwide temperature alteration, plastic, and food squandering, are driving the extension of the reasonable food area.
Top Key Players Covered In The Sustainable Food Market:
- AEON CO.LTD. (Japan)
- United Natural Foods Inc. (US)
- Waitrose & Partners (UK)
- Hain Celestial (US)
- Amy's Kitchen Inc. (US)
- Dairy Farmers of America Inc. (US)
- General Mills Inc. (US)
- Conagra Brands Inc. (US)
- Organic Valley (US)
- Tescoplc.com (UK), and Other Major Players.
Market Dynamics and Factors:
Each link in the food supply chain is held accountable for its impact on local economies, people, and ecosystems in sustainable food production, which places a premium on social and environmental responsibility. Natural resources are not depleted, biodiversity is not destroyed, poverty is not exacerbated, and the environment is not tainted by a sustainable food supply. Between 21-37% of the world's annual emissions of greenhouse gases come from the food industry. In addition to safeguarding the biodiversity that sustains human life, sustainable farming practices can assist in reducing pollution of the air, water, and soil. Battling environmental change by expanding practical food creation diminishes cruel climate, which frequently prompts food instability.
Consumers' preference for food products derived from sustainably sourced components is an important trend. In this case, the most important factor to consider is whether the ingredients were produced in an environmentally friendly manner. The specifics of this are highly industry-specific, as various sectors employ a variety of strategies and use labels to identify producers who adhere to defined sustainability standards. One example is the California Sustainable Wine Growing Alliance, which labels wines produced in qualifying vineyards based on metrics like water, energy, and nitrogen use. There is a strong preference for purchasing food that is produced locally whenever it is possible to do so.
Sustainable Food Market Report Highlight:
- By Product Type, the Fruits & Vegetables segment is anticipated to lead the growth of the Sustainable Food market in the forecasted timeframe. Fruits and vegetables were the most commonly purchased sustainable and eco-friendly food and beverage items in the United States. Coffee was close behind in second place about 21% of those who took the survey had purchased sustainable coffee within the previous three months. Ready-to-eat meals and spirits were the least popular sustainable food and drink categories.
- By Type, the Sustainably Produced & Environmentally Responsible segment is expected to have the highest share of the Sustainable Food market over the projected period. Food that is safe for workers and consumers, conserves non-renewable natural resources and energy, conserves communities, and most importantly does not compromise on the needs of future generations are all examples of environmentally friendly and sustainable food.
- By Distribution Channel, the online segment is set to develop at the highest CAGR during the forecasted timeframe. Additionally, the study provides recommendations for online food delivery companies looking to enhance the customer experience. The key factors that influence consumer responses to FDAs can also be better understood by online food delivery services and restaurants thanks to our study's findings.
- North America is expected to Dominate the Market and APAC is the fastest-growing region over the forecast period. Due to its populace's strong environmental consciousness, North America dominates the market for sustainable foods. However, the region's population's growing awareness of the health benefits of eating sustainably produced food and the growing trend for environmentally friendly foods are expected to drive profitable growth
Key Industry Development:
- In February 2023, Marcel Vernooij, the Deputy Permanent Representative of the Netherlands to the WTO, stated: We are delighted to expand our relationship with the WTO. The Netherlands is devoted to upgrading worldwide food security and laying out feasible food frameworks as a rural and exchange country. The Standards and Trade Development Facility are increasingly being recognized for its exceptional and distinctive support for enhancing developing national food safety systems and enhancing cross-border trade in agricultural and food products. Now more than ever, regional food systems must be improved.
Sustainable Food Market Segmentation:
By Product Type
- Cereals & Pulses
- Fruits & Vegetables
- Seafood & Seaweed
- Others
By Type
- Sustainably Produced & Environmentally Responsible
- Organic & Natural
- Free Range Animal Welfare Friendly
- Fair Trade Products
By Distribution Channel
- Online
- Offline
For this report, Introspective Market Research has segmented the Sustainable Food Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
