Dublin, Nov. 21, 2024 (GLOBE NEWSWIRE) -- The "Non-Genetically Modified Organism Market by Application, Distribution - Global Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering.
The Non-Genetically Modified Organism Market grew from USD 2.07 billion in 2023 to USD 2.42 billion in 2024. It is expected to continue growing at a CAGR of 17.20%, reaching USD 6.29 billion by 2030.
The report provides a detailed overview of the market, exploring several key areas:
- Market Penetration: A thorough examination of the current market landscape, featuring comprehensive data from leading industry players and analyzing their reach and influence across the market.
- Market Development: The report identifies significant growth opportunities in emerging markets and assesses expansion potential within established segments, providing a roadmap for future development.
- Market Diversification: In-depth coverage of recent product launches, untapped geographic regions, significant industry developments, and strategic investments reshaping the market landscape.
- Competitive Assessment & Intelligence: A detailed analysis of the competitive landscape, covering market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, technological advancements, and innovations in manufacturing by key market players.
- Product Development & Innovation: Insight into groundbreaking technologies, R&D efforts, and product innovations that will drive the market in future.
Market growth is significantly influenced by rising consumer demand for transparency, stringent non-GMO labeling regulations, and an increasing prevalence of food allergies linked to genetically modified products. Potential opportunities lie in the expanding organic products sector, as well as increased investments in non-GMO certifications and verification systems. Collaborations with retailers to promote non-GMO products and leveraging social media campaigns to educate consumers can also create openings.
However, challenges include higher production costs for non-GMO products, a complex supply chain, and limited availability of non-GMO seeds which can limit scalability. Market participants face price competition from cheaper GMO alternatives that may appeal to less discerning consumers. Innovation areas include developing advanced testing technologies for GMO detection, enhancing crop yields for non-GMO varieties, and creating novel food products that are natural and nutritious. Research into scalable production methods and resource-efficient farming can boost profitability while maintaining quality.
Insight into the market reveals a steady shift towards sustainable practices and transparency, with a buyer base progressively preferring ethically sourced products. As consumer awareness grows, businesses have the opportunity to leverage this trend towards a healthier lifestyle-oriented market space, by focusing on organic and eco-friendly credentials. For ongoing success, companies should prioritize consumer education on the benefits of non-GMO products and invest in innovative solutions that align with evolving consumer values and concerns.
Non-Genetically Modified Organism Market Dynamics
- Market Drivers
- Increasing number of health-conscious consumers
- Rising consumer awareness about benefits offered by non-genetically modified food
- Rapid expansion of production facilities to cater to growing demand
- Market Restraints
- Lack of universal quality standards
- Market Opportunities
- Increasing number of the organization promoting food safety & clean labeling
- Rising research & development of GMO products
- Market Challenges
- Increasing demand for plant-based products
Key Company Profiles
The report delves into recent significant developments in the Non-Genetically Modified Organism Market, highlighting leading vendors and their innovative profiles. These include:
- Berlin Natural Bakery
- Blue Diamond Growers
- GFO, Inc.
- Intertek Group PLC
- Kellogg Company
- Lundberg Family Farms
- Mondelez International, Inc.
- Nature's Path Foods
- Nestle SA
- NOW Health Group, Inc.
- Organic Valley
- Pacmoore Products Inc.
- PepsiCo, Inc.
- The Hain Celestial Group, Inc.
- United Natural Foods, Inc.
Market Segmentation & Coverage
This research report categorizes the Non-Genetically Modified Organism Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Application
- Alternative for Dairy Products
- Beverages
- Fruits & Vegetables
- Meat Products
- Plant Seed & Animal Feed
- Distribution
- Convenience Stores
- Food Service
- Retailers
- Super Markets
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
- What is the current size of the market, and how is it expected to grow?
- Which products, segments, and regions present the most attractive investment opportunities?
- What are the prevailing technology trends and regulatory factors influencing the market?
- How do top vendors rank regarding market share and competitive positioning?
- What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?
Key Attributes
| Report Attribute | Details |
| No. of Pages | 188 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $2.42 Billion |
| Forecasted Market Value (USD) by 2030 | $6.29 Billion |
| Compound Annual Growth Rate | 17.2% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/vm7itz
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