(Food-Beverage-News.Com, March 13, 2018 ) The global non-GMO foods market is growing at a steady pace. The increase in the number of health-conscious people and increasing demand for non-GMO food products by middle class families are the primary reasons for the growth of the market. The rising demand for organic food products has also increased the demand for non-GMO food products from consumers. However, premium pricing of non-GMO food products is expected to act as one of the major barriers for the growth of the global non-GMO foods market. The increased adoption of non-GMO seeds by farmers and the growing number of food companies in the non-GMO food sector are expected to fuel the global non-GMO foods market positively during the forecast period.
Publisher's analysts forecast the global non-GMO foods market to grow at a CAGR of 16.23% during the period 2017-2021.
The increasing number of new product launches by the players will drive the growth prospects for the global non-GMO foods market until the end of 2021. One of the major factors responsible for the growing number of new product launches in the market is the increasing demand for non-GMO food products among consumers. For instance, it is estimated that there are about 2,000 new non-GMO product launches in the US every year, which is expected to increase in the coming years.
Key vendors - Amy's Kitchen - Hain Celestial - Nature's Path Foods - Organic Valley
Other prominent vendors - Albert's Organics - Beijing Green Yard Development - Chiquita Brands - Shanghai Food - Shanghai Green Life Agri-Tech Company - United Natural Foods - Vert Living Natural Market
Market driver - Rising awareness about the harmful effects of GMO food products.
Market challenge - Growing popularity of GMO food crops in developing countries.
Market trend - Awareness about environmental protection and animal welfare globally.
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles