The global organic food market is projected to grow at a CAGR of over 16% through 2020

organic foods

Original Content at PRNewswire in the form of a news release.

According to Research and Markets The global organic food market is projected to grow at a CAGR of over 16% through 2020.

The report is titled: “Global Organic Food Market Forecast and Opportunities, 2020”.

Organic food is manufactured using only natural products and ingredients, which are environment and animal friendly, making organic food healthier than conventional food. Organic food is categorized into fruits & vegetables, dairy products, processed foods, beverages, and pulses & food grains. Over the last decade, use of chemical preservatives and fertilizers in production of conventional food has become a cause of concern across the globe, which has resulted in an increasing number of people opting for organic food. Global organic food market is expected to witness robust growth over the next five years, primarily on account of increasing disposable income, lifestyle changes, and growing health concerns among consumers. Moreover, easy accessibility and product labeling are also expected to drive global organic food market over the next five years.

Rising lifestyle diseases coupled with excessive contamination of conventional food are driving organic food sales, globally. Retail chains are also playing a major role in boosting sales of organic food by creating awareness and introducing various private label organic products at lower prices. See the entire news release.

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