Increasing demand for products labeled organic marks an unprecedented opportunity for food manufacturing companies and farmers. Consumers are progressively preferring organic food products such as organic fruits because they contain antioxidants, which positively affect overall health and are also demonstrated in several scientific studies. Moreover, the government is actively supporting organic farming to reduce the water and air population, which is expected to motivate farmers to drive their farming in the organic culture. Also, despite the high price of organic fruits, consumers are eager to pay more for organic foods because of their high nutritional value and less use of pesticides. Therefore, it is expected to increase the sales of organic fruits.
Data Bridge Market Research shows that the Europe Organic Fruits Market accounted for USD 30.77 billion in 2021 and is expected to reach 62.45 billion by 2030. The market is expected to grow with a CAGR of 9.25% from 2022 to 2029.
"Growing demand for organic food is expected to drive the market growth"
As a result of continuously increasing the demand for organic food, such as organic fruits, and limited supply in relation to the demand, the area under organic farming has augmented in European regions. According to the report by FiBL, in Europe, the organic area share of the total farmland augmented from 3.12 percent in 2018 to 3.44 percent by 2020. The increasing demand for organic products is driving farmers across the European regions to cultivate crops, including fruits. Therefore, the growing demand for organic foods is expected to drive the market's growth from 2022 to 2029.
What restraints the growth of the organic fruits market?
"Limited shelf life of organic fruits hamper the market growth"
The limited shelf life of organic fruits will hinder the market's growth during the forecast period. According to the research conducted by MSNBC consumer correspondent Janice Lieberman, the shelf life of organic fruits is shorter. They tested some organic fruits and found higher levels of bacteria that cause food to spoil. As a result of this, it hampers the market growth.
Segmentation: Europe Organic Fruits Market
The organic fruits market is segmented on the basis of type, form, distribution channel, and end user.
- On the basis of type, the organic fruits market is segmented into apple, strawberries, raspberries, blueberries, cherry, pear, grapes, kiwi, nectarines, pineapples, mango, papaya, cantaloupe, banana, pomegranate, watermelon, orange, peach, passionfruit and others.
- Based on form, the organic fruits market is segmented into frozen, diced, puree, powdered and others.
- On the basis of distribution channel, the organic fruits market is segmented into direct and indirect.
- Based on end user, the organic fruits market is segmented into household, food processing industries and food service sector.
Recent Developments: Europe Organic Fruits Market
- In 2021, Kraft Foods, one of the leading market players, joined forces with Assan foods for an undisclosed amount of USD 100 million. This acquisition accelerated the growth of the company and its international expansion plans.
- In 2020, Dole Food Company, one of the leading players, introduced Dole fresh takes salad bowls that are prepared for a fast-paced lifestyle. The company has prepared six fresh salad variations based on customer preferences: Santa Fe Style, Turkey and Bacon Country Cobb Salad, Classic Chicken Caesar, candied walnut, savory spinach dijon, and cranberry.
To know more about the study, visit http://www.databridgemarketresearch.com/reports/europe-organic-fruits-market
The Prominent Key Players Operating in the Organic Fruits Market Include:
- DSM (Netherlands)
- BASF SE (Germany)
- Lonza Group (Switzerland)
- Glanbia Plc (Ireland)
- ADM (U.S.)
- Farbest Brands (U.S.)
- SternVitamin GmbH & Co. K.G. (Germany)
- Adisseo (France)
- BTSA Biotechnologias Aplicadas S.L. (Spain)
- Rabar Pty Ltd (Australia)
- Golden Omega (Chile)
- Kinomega Biopharm Inc. (China)
- Sinomega Biotech Engineering Co. Ltd. (China)
- Polaris Inc (U.S.)
- Pharma Marine AS (Norway)
- Huatai Biopharm (China)
- ALGISYS LLC (U.S.)
- Biosearch Life (Spain)
Above are the key players covered in the report, to know about more and exhaustive list of organic fruits market companies contact? https://www.databridgemarketresearch.com/ar/contact
Research Methodology: Europe Organic Fruits Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
