Organic Foods Market Growth Will Be Strong by 2033
The organic foods market is projected to secure a valuation of US$ 176.51 billion in 2023 and is anticipated to rise to US$ 553.13 billion by 2033. The market is likely to register a CAGR of 12.1% during the forecast period.
During the projection period, market expansion will be driven by increased urbanisation, population growth, and shifting consumer tastes. Rising consumer awareness of a healthy lifestyle, combined with government initiatives to support organic farming, is creating market potential. Organic foods are getting increasingly popular as new commodities and