The Business Research Company’s latest report Ethical Food Global Market Report 2020 covers Ethical Food market drivers, Ethical Food market trends, Ethical Food market segments, Ethical Food market growth rate, Ethical Food market major players, and Ethical Food market size. The report provides in-depth analysis of the impact of COVID-19 on the Ethical Food industry, along with revised market numbers due to the effects of the coronavirus.
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Ethical Food Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global ethical food market is expected to decline from $650.99 billion in 2019 to $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 $684.83 billion in 2023 at CAGR of 6.43%.
The report covers the Ethical Food market’s segments-
1) By Type: Organic And Natural, Fairtrade, Free Range Animal Welfare Friendly, Environmentally Responsible And Sustainably Produced, Others.
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