Global Organic Vegetables Industry Driven by Rising Consumer Awareness Regarding the Benefits of Organic Foods
QYResearchReports.com announces the addition of a new report, titled “Global Organic Vegetables Industry 2016 Market Research Report.” The report provides a holistic overview of the market, covering aspects such as the market’s definition, classification, and factors impacting its growth trajectory.
Organic vegetables are produced eschewing the use of any modern synthetic input such as chemical fertilizers, pesticides, or other artificial chemicals. The demand for organic vegetables has risen remarkably in the last few years. This exponential growth witnessed by the market is attributed to the growing awareness regarding personal health and several other environmental concerns. With consumers around the world becoming more concerned about the exposure to toxins present in non-organic foods, the global organic vegetables industry is poised to witness robust growth in the near future.
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Due to the high demand for organic vegetables, their production has substantially increased in the past few years. The industry has witnessed exponential growth, particularly across developed economies such as the U.S. While the industry in developing economies is still at a nascent stage, it is expanding rapidly and is likely to exhibit a double-digit CAGR during the forthcoming years. Additionally, the entry of private label brands in the market and increased government funding will also accelerate the growth of the organic vegetables industry.
Marketing organic vegetables involves substantial cost incurred on labor and transportation, since the majority of the consumers are located in higher-income urban and suburban locations. These locations may be at a considerable distance from local farms. The demand for organic vegetables is, therefore, concentrated in countries where consumers enjoy higher disposable incomes. This limits the growth of the global organic vegetables industry to an extent. Additionally, the industry also witnesses limitations due to its underdeveloped infrastructure, lack of proper information, and inadequate availability of raw materials. The industry is also facing bottlenecks in dealings with certification in emerging nations, which inhibits its growth in regions that could prove lucrative for the industry in the near future.
The report provides a granular analysis of the global organic vegetables industry and studies the prospects it may witness across the key regional segments. It also profiles the leading companies operating in the market for the purpose of the study. Using SWOT analysis, the report studies the strengths and weaknesses of these companies, and analyzes the opportunities and threats they are likely to face in the near future.
The effect of Porter’s five forces on the market is also studied in detail.
Browse Complete Report with TOC @ http://www.qyresearchreports.com/report/global-organic-vegetables-industry-2016-market-research-report.htm
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