Market Size of Non-GMO Foods Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 317.86 Billion |
Market Size (2029) | USD 406.26 Billion |
CAGR (2024 - 2029) | 5.03 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Non-GMO Foods Market Analysis
The Non-GMO Foods Market size is estimated at USD 317.86 billion in 2024, and is expected to reach USD 406.26 billion by 2029, growing at a CAGR of 5.03% during the forecast period (2024-2029).
In recent years, clean label claims have been one of the key areas of activity in food and beverage new product development, which is expected to drive the market for non-GMO foods. During the past few years, the non-GMO cereals and grains segment has gained significant popularity and this trend is expected to drive market growth. Factors such as the initiatives undertaken to cultivate and commercialize non-GMO food products are expected to play a significant role in the growth of the market. Over the medium, the market for non-GMO foods is expected to grow owing to the increasing demand for plant-based food and beverage products as well as the demand for clean-label ingredients.
Additionally, rising investments by the market players in their research and development sectors for the production of nare-GMO products are also expected to drive the market to grow. In the past few years, consumer awareness about the consumption of vegan and vegetarian food is also increased owing to its health benefits and nutritional profiles. Owing to this, market players are launching new plant-based foods as alternatives for intolerant and intolerance food. Furthermore, demand for plant-based foods in baby foods is also increasing as it contains all essential growth ingredients and natural products. In July 2022, Danone SA launched a new dairy & plant blend baby food product. The plant blend is made from non-GMO soy and other plant ingredients.