According to Technavio’s latest market research analysis, the global non-GMO foods market is expected to grow at a CAGR of more than 16% during the forecast period 2017 to 2021.
This market study by Technavio provides an in-depth analysis of the global non-GMO foods market in terms of revenue and emerging market trends. The research report also includes a current analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the product type
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The top three revenue contributing product segments are discussed below
Global non-GMO cereals and grains market: The vendors are introducing a variety of cereals and gains in the non-GMO foods market to attract more consumers and increase their profitability. The growing awareness for organic and natural ingredient products is driving the growth in this market segment. Moreover, the increasing disposable income, changing consumer demographics, and lifestyle changes in emerging regions like APAC will create new avenues and market spaces for vendors to explore.
“The companies in the global market are focusing on producing and marketing natural ingredients cereal to increase their revenues. The food standards across the world will prompt manufacturers to use advanced technologies to manufacture various kinds of products. Health benefits of organic and natural foods will drive the market growth in this segment,” says Manjunath Reddy, a lead research analyst at Technavio for research on food.
Global non-GMO liquor market: The manufacturers are focusing on establishing new alcoholic beverages that are non-GMO Project verified to attract more consumers and sustain the competition in the market. Dented Brick Distillery, recently launched its Antelope Island Rum and the company claims that its product is made of organic green cane sugar and non-GMO molasses as its base.
Global non-GMO meat and poultry market: The rising awareness of the health benefits associated with free-range and organic meat and poultry is driving the growth in this market segment. GMO-free meat and poultry products include eggs, beef, lamb, and chicken. The increasing demand for these products is encouraging vendors to enter the non-GMO market space.
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The top vendors operating in the global non-GMO foods market are:
- Amy’s Kitchen
- Hain Celestial
- Nature’s Path Foods
- Organic Valley
Other prominent vendors in the market include Albert’s Organics, Beijing Green Yard Development, Chiquita Brands, Shanghai Food, Shanghai Green Life Agri-Tech Company, United Natural Foods, Vert Living Natural Market, and YMT Organic Farm.
A more detailed study is available in the Technavio report titled, ‘Global Non-GMO Foods Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global Non-GMO Animal Feed Market 2017-2021
- Non-GMO Food Market in China 2016-2020
- Global Genetically Modified Seeds Market 2016-2020
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