Product segments performance in the global organic packaged food market.

The global organic packaged food market is expected to grow at a CAGR of 6.52% during the forecast period. Based on the product, the global organic packaged food market has been segmented into dairy, bakery, and confectionaries, meat, seafood, fruits, and vegetables, sauces, dressings, condiments, and spreads, and others.

The demand for consumers for organic dairy, bread, and confectionary products are increasing due to rising awareness about the health benefits of the consumption of organic packaged food products compared with conventional packaged food products. The rising number of new product launches and product innovations will also drive the growth of the segment during the forecast period.

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The demand from consumers for organic bakery products is also increasing. Hence, the vendors are launching new products. For instance, in February 2019, Grupo Bimbo launched the Oroweat Organic Bio bread in Spain. The demand from consumers for organic confectionaries is also increasing due to the rising consumer focus on health and wellness. Therefore, the vendors are launching new organic confectionary products. Thus, the rising number of new product launches in the organic dairy, bread, and confectionaries segment will drive the growth of the global organic packaged food market during the forecast period.