Australia Organic Food Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 7.80% (2024-2032)
The organic food industry in Australia is thriving, driven by growing consumer demand for healthier, sustainable, and environmentally friendly choices. According to the latest report by IMARC Group, the Australia organic food market size reached USD 1.05 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 2.16 Billion by 2032, exhibiting a growth rate (CAGR) of 7.80% during 2024-2032.
Australia Organic Food Industry Trends and Drivers:
A rising consumer need for healthier as well as more sustainable food options is responsible for the growth of the Australia organic food market. Additionally, one of the key drivers is the increasing awareness of the health benefits associated with organic food as consumers become more conscious of the risks posed by chemicals, pesticides, and artificial additives commonly found in conventionally produced food. The rise in lifestyle diseases, such as obesity and diabetes, has also contributed to the demand for organic food, as many people view organic products as supporting long-term health. Moreover, the growing availability of organic products in supermarkets, health food stores, and online platforms has made it easier for Australian consumers to access a wider range of organic food choices.
The increasing focus on sustainability and environmental impact is augmenting the Australia organic food market. In addition to this, organic farming methods are known for their eco-friendly practices, such as crop rotation, reduced pesticide use, and improved soil health, which appeal to environmentally conscious consumers. Many Australians are opting for organic foods to support sustainable agriculture and reduce their carbon footprint, with concerns over climate change and environmental degradation on the rise. The Australian support by government authorities for organic farming initiatives, along with certification programs and labels, is also encouraging consumer confidence in organic products. Furthermore, the growing influence of the millennial and Generation Z demographics, who tend to prioritize ethical sourcing and sustainability, is anticipated to drive the Australia organic food market in the coming years.
Download sample copy of the Report: https://www.imarcgroup.com/australia-organic-food-market/requestsample
Australia Organic Food Industry Segmentation:
The report has segmented the market into the following categories:
Product Type Insights:
Distribution Channel Insights:
Regional Insights:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
Street: Morgan Park QLD 4370
City/Town: Warwick
State/Province/Region: Queensland
Country: Australia
Zip/Postal Code: 4370
Email: [email protected]
Phone Number: +1-631-791-1145
The Wall