As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
With reasons like an increase in the number of health-conscious people, rising demand for organic food products by consumers, and growing demand for non-GMO food products by middle-class families, the global non-GMO food market is expected to witness a robust growth in the coming years. The key players in the industry are, therefore, investing in the expansion of their production facilities increasingly to fulfil the growing demands for non-GMO food products from consumers.
North America is expected to be the leading regional market in the forecast period, which has also accounted for the highest share in the non-GMO food market in the historical period. Significant investments are being made to expand the GMO-free food products portfolios by the vendors operating in the region. Expansion and scaling up of non-GMO food product offerings are also being undertaken by the vendors by being engaged in M&A activities. Factors like this are responsible for the growth of the non-GMO food market in North America.
In August 2020, The Hain Celestial Group, Inc. (NASDAQ: HAIN), a key player in the industry, divested its Arrowhead Mills and SunSpire brands for USD 15 million to expand its margins and cash flows, along with eliminating low return on investment spent in North America. While the acquisition of the brand by Hometown Food Co. will help the portfolio company of the private equity firm Brynwood Partners grow in the industry, their divestiture will help Hain Celestial simplify their brand portfolio to increase their profitability.
Market Analysis by Product, Distribution Channels, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global non-GMO food market are Hain Celestial, Amy’s Kitchen, Organic Valley, Nature’s Path Foods, United Natural Foods, and Beijing Green Yard Development, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.