Global Ethical Food Market Research Report: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Major players in the ethical food market are Bimbo Group, Illy, Ingredion, Kellogg’s, Mars Incorporated, PepsiCo, and Starbucks. The Global Ethical Food Market is expected to decline from USD 650.99 billion in 2019 to USD 568.12 billion in 2020 at a compound annual growth rate (CAGR) of -12.73%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach USD 684.83 billion in 2023 at CAGR of 6.43%. The ethical food market consists of sales of ethical food items and related services. Ethical or sustainable food refers to food produced using processes and systems that are non-polluting, economically efficient, conserve non-renewable natural resources and energy, safe for workers, consumers, and communities, and do not compromise on the future generation needs. It uses a method of food production wherein the people (small farmers, producer co-operatives, large estates), the environment (environment sustainability), and animals (concerned with animal rights and welfare) are given considerable importance. North America was the largest region in the ethical food market in 2019. Sustainable packaging is a leading trend adopted by ethical food manufacturers and producers. The companies engaged in organic food production are increasing their focus on sustainable packaging in order to reduce the use of plastics and go environment friendly. For instance, Alter Eco uses clean packaging for its produce and the plastic packaging used for outer boxes are recyclable. Following the trend, packaging companies are also comping up with sustainable packing solutions for organic food and other products. For instance, Giro Pack developed compostable welded bags and compostable net clipped bags that are produced using plant-based or organic materials such as pulp of eucalyptus trees or corn starch. Thus, the focus of ethical food companies on sustainable or green packaging is a major trend shaping the ethical food market over the forthcoming years. The ethical food market covered in this report is segmented by type into organic and natural; fairtrade; free range animal welfare friendly; environmentally responsible and sustainably produced; others. The high cost of ethical food limits the growth of the market during the forecast period. The production and sales of ethical food include the cost of natural fertilizers, high labor, ethical or sustainable certification, and others which raises the overall cost of production. According to a new study commissioned by ethical certification in 2018, 45% of the people in the UK put off buying ethical products owing to their high cost. The high cost of ethical food makes it inaccessible to larger population, thereby hindering the growth of the market during the forecast period. In September 2018, Kraft Heinz Canada announced the acquisition of the assets of Ethical Bean Coffee for an undisclosed amount. This acquisition is expected to expand Kraft Heinz Canada’s product offerings and global presence to serve a large number of consumers worldwide. Ethical Bean Coffee was founded in 2003 and is a leading roaster of 100% Fairtrade and certified organic coffee. The company is based in Vancouver, British Columbia, and is committed to global awareness, social responsibility, and environmental accountability. Increasing concern about the environment is expected to contribute to higher demand for ethical food. The recent climate changes and environmental issues such as carbon emission, global warming, plastic, and food waste is forcing companies to concentrate on sustainable products. The rising environmental concerns are shifting companies and shoppers towards ethical/ sustainable-certified products. According to Our World In Data’s statistics on environmental impact of food published in January 2020, the food accounts around 26% of the global greenhouse emissions, with half of the world’s habitable land used for agriculture and 70% of the freshwater used for agriculture. According to the survey of 1000 adults by International Food Information Council Foundation (IFIC foundation) in 2019, 54% of the consumers responded that the products they buy be produced in an environmentally sustainable way. Therefore, the growing impact of food production on the environment and the growing demand for sustainable food is increasing companies to focus on sustainable production which in turn is expected to the drive the demand for the ethical food market in the forecast period. For More Information, Click on the Link Below:- Global Ethical Food Market Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: China Ethical Food Market, Ethical Food Market, Ethical Food Market Competitive Landscape, Ethical Food Market Segmentation, Europe Ethical Food Market, Global Ethical Food Industry, Global Ethical Food Industry Research Report, Global Ethical Food Market, Global Ethical Food Market Analysis, Global Ethical Food Market Forecast, Global Ethical Food Market Insights, Global Ethical Food Market Outlook, Global Ethical Food Market Overview, Global Ethical Food Market Research Report, Global Ethical Food Market Revenue, Global Ethical Food Market Share, Global Ethical Food Market Trends, India Ethical Food Market, Ingredion Ethical Food Market Share, Japan Ethical Food Market, Mars Incorporated Ethical Food Market Revenue, Starbucks Ethical Food Market Share, US Ethical Food Market