| Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 1.9 Billion | USD 3.8 Billion | 7.1% | 2024 |
FrequentlyAsked Questions
Sustainable food is defined as the food that is grown in a way that is good for the environment, society, and business.
The sustainable food market is being driven by several factors such as rising consumer awareness of health & environment, government regulations & policies, corporate sustainability commitments, growth of ethical & conscious consumerism, and technological advancements in food production.
The high production cost poses a major challenge to the industry's expansion.
Based on the distribution channel, the hypermarkets/supermarkets segment is expected to dominate the industry growth during the projected period.
The increasing health consciousness among consumers and technological advancements are major impacting factors for the industry growth over the projected period.
According to the report, the global sustainable food market size was worth around USD 1.9 billion in 2024 and is predicted to grow to around USD 3.8 billion by 2034.
The global sustainable food market is expected to grow at a CAGR of 7.1% during the forecast period.
The global sustainable food industry growth is expected to be driven by the North American region. It is currently the world’s highest revenue-generating market, driven by high disposable income and growing sustainable practices.
The global sustainable food market is dominated by players like Beyond Meat, General Mills, Tyson Foods, Kellogg Company, Archer Daniels Midland, PepsiCo, Cargill, Campbell Soup Company, Hain Celestial Group, The Coca-Cola Company, Organic Valley, WhiteWave Foods, Conagra Brands, Mars, Incorporated, Kraft Heinz Company, Mondelez International, Applegate Farms, Dean Foods and Amy's Kitchen, among others.
The market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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