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Organic Food in the United States

Publisher MarketLine
Published Nov 21, 2024
Length 45 Pages
SKU # MTLN19546863

Description

Organic Food in the United States

Summary

Organic Food in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Organic food refers to food products that are grown and produced using methods that avoid the use of synthetic pesticides, chemical fertilizers, genetically modified organisms (GMOs), and artificial additives. Market values considered based on retail selling price (RSP).
  • The US organic food market recorded revenues of $68,046.3 million in 2023, representing a compound annual growth rate (CAGR) of 6.9% between 2018 and 2023.
  • The fruit & vegetables segment accounted for the market's largest proportion in 2023, with total revenues of $27,181.6 million, equivalent to 39.9% of the market's overall value.
  • The growth of the US organic food market is driven by high disposable income and significant consumer spending on premium and higher-quality grocery products. According to the Bureau of Economic Analysis (BEA), in 2023, the net household disposable income per household in the US reached $156,876.3, up 4.8% over 2022.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the organic food market in the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the organic food market in the United States
  • Leading company profiles reveal details of key organic food market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United States organic food market with five year forecasts
Reasons to Buy
  • What was the size of the United States organic food market by value in 2023?
  • What will be the size of the United States organic food market in 2028?
  • What factors are affecting the strength of competition in the United States organic food market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the United States's organic food market?

Table of Contents

45 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What have been the most recent market developments?
8 Company Profiles
8.1. Walmart Inc
8.2. Amazon.com, Inc.
8.3. The Kroger Co
8.4. Costco Wholesale Corporation
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United States organic food market value: $ million, 2018-23
Table 2: United States organic food market category segmentation: % share, by value, 2018-23
Table 3: United States organic food market category segmentation: $ million, 2018-23
Table 4: United States organic food market geography segmentation: $ million, 2023
Table 5: United States organic food market value forecast: $ million, 2023-28
Table 6: Walmart Inc: Key Facts
Table 7: Walmart Inc: Annual Financial Ratios
Table 8: Walmart Inc: Key Employees
Table 9: Walmart Inc: Key Employees Continued
Table 10: Walmart Inc: Key Employees Continued
Table 11: Amazon.com, Inc.: Key Facts
Table 12: Amazon.com, Inc.: Annual Financial Ratios
Table 13: Amazon.com, Inc.: Key Employees
Table 14: The Kroger Co: Key Facts
Table 15: The Kroger Co: Annual Financial Ratios
Table 16: The Kroger Co: Key Employees
Table 17: Costco Wholesale Corporation: Key Facts
Table 18: Costco Wholesale Corporation: Annual Financial Ratios
Table 19: Costco Wholesale Corporation: Key Employees
Table 20: Costco Wholesale Corporation: Key Employees Continued
Table 21: United States Size of Population (million), 2019-23
Table 22: United States Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 23: United States GDP (Current Prices, $ Billion), 2019-23
Table 24: United States Inflation, 2019-23
Table 25: United States Consumer Price Index (Absolute), 2019-23
Table 26: United States Exchange Rate, 2018-23
List of Figures
Figure 1: United States organic food market value: $ million, 2018-23
Figure 2: United States organic food market category segmentation: $ million, 2018-23
Figure 3: United States organic food market geography segmentation: % share, by value, 2023
Figure 4: United States organic food market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the organic food market in the United States, 2023
Figure 6: Drivers of buyer power in the organic food market in the United States, 2023
Figure 7: Drivers of supplier power in the organic food market in the United States, 2023
Figure 8: Factors influencing the likelihood of new entrants in the organic food market in the United States, 2023
Figure 9: Factors influencing the threat of substitutes in the organic food market in the United States, 2023
Figure 10: Drivers of degree of rivalry in the organic food market in the United States, 2023

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