Market Research Future (Food and Beverages) Organic Fruits & Vegetables Market Research Report | страница 3

Organic Fruits & Vegetables Market Research Report – Global Forecast till 2023 2 Market Overview Organic fruits and vegetables are emerging as the major organic food products in the organic food market. Organic fruits and vegetables are cultivated naturally without the use of any chemical throughout its pre-harvest to post- harvest operations. The rising awareness regarding the benefits of consuming organic food is among the major determinant that is driving the growth of organic fruits & vegetables market. Farmers are adopting chemical-free operations while cultivating fruits and vegetables owing to the deteriorating effects of chemicals on the environment and soil quality. In addition, increasing number of government initiatives to promote organic farming is also catalysing the market growth of organic fruits and vegetables. The market is experiencing hurdles in its growth owing to the high cost of organic products and difficulties in implying with the standards set forth for organic farming. Thus, a majority of customers in the least developed countries cannot afford organically produced fruits and vegetables which limits the customer base of organic fruits & vegetables market. However, the rising per capita disposable income of people on major developing countries is paving the way for several lucrative opportunities for the market players to exploit. Regional Analysis: North America is anticipated to garner the largest market share in the organic fruits & vegetables market during the forecast period. The region’s dominance can be attributed to various factors such as the surging number of HNWI (High Net Worth Individual) population, increasing inclination of consumers towards organic food, and presence of several market players. Europe is also expected to gain a significant share in the global market due to the rising awareness regarding health among the European consumers. However, Asia-Pacific is projected to grow with the highest CAGR owing to the changing lifestyle of people, increasing health awareness, and rising per capita disposable income. Page | 3 Copyright © 2017 Market Research Future.