Ethical Labels, World Market Report 2020-2025 - Rising Demand for Kosher & Halal Products, Online Retailing & CSR Activities to Aid Growth

DUBLIN, Jan. 22, 2020 /PRNewswire/ -- The "Ethical Labels Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The Global Ethical Labels Market is Likely to Grow at a CAGR of Over 7% During the Period 2019-2025.

Key Market Insights

• The analysis of the global ethical labels market provides sizing and growth opportunities for the forecast period 2020-2025
• Provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the ethical labels market
• Includes a detailed analysis of growth drivers, challenges, and investment opportunities
• Delivers a complete overview of segments and the regional outlook of the market
• Offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain a competitive advantage in the market

A high degree of awareness and concerns regarding the right food consumption is driving F&B companies toward transparency and adopting ethical labels food products. A growing interest in ethical sourcing, fair trade practices, and sustainability among consumer groups influences the global ethical labels market. Consumers are increasingly showing a high interest in knowing the impact of individual consumption food products on the environment. About 50% of the ethical labels demand is expected to be driven by millennial and Generation Z consumers by 2025.

The advocacy of high moral standards for manufacturing and consumption is increasingly influencing companies to opt for ethical labels, which promote environmental sustainability, social justice, animal well-being, equality, and adherence to a better workplace and worker qualities, thereby boosting the market. APAC was the leading market for ethical-certified products in 2019. The region is expected to add the highest incremental revenue of over $170 billion during the forecast period. Halal ethical-certified products accounted for the largest segment in 2019; however, organic and kosher segments are expected to grow at the fastest CAGRs during the forecast period.

The following factors are likely to contribute to the growth of the ethical labels market during the forecast period:

• Increased Consumer Conscious toward Health and Ethical Values
• Reduction in Meat Consumption for Environmental Sustainability
• High Demand for Vegan Meat Products
• Growth due to Online Retailing and CSR Activities
  

Ethical Labels Market: Segmentation

This research report includes a detailed segmentation by label types, product types, distribution channels, and geography.

Packaged halal food products have gained traction due to the widespread Muslim population across the world. As the halal-certified products comply with requisite permissible ingredients, these food and beverage products are finding an astonishing adoption in non-Muslim consumer groups, thereby underpinning the growth. APAC is the largest halal food market, owing to the presence of 62% of the global Muslim population.

Organic foods and beverages have witnessed tremendous growth in the global food market. The global organic labels market is expected to grow at a CAGR of over 9% during the period 2019-2025. North America and Europe remain the most lucrative markets as the degree of awareness and acceptance among consumers are higher than in other regions.

A sizeable population, especially millennials, has been influential in increasing the awareness toward clean and healthy certified products. This trend is growing in the baby boomer population as well. There is a gradual shift among consumers toward healthier eating habits. Although dairy products are favored in terms of price and flavor, the changing consumption habits and lifestyle choices are driving the growth of the ethical food label segment. Hence, the increasing perception of the vegan label, kosher, and animal welfare labeled foods as healthier than standard animal-based is a major factor that is accelerating the growth of the segment.

With the growing concern over the consumption of alcoholic, carbonated, and sugar-based beverages, the focus has shifted toward non-alcoholic, plant-based alternative beverages among health-conscious consumers world over. The emergence of plant-based beverages such as packaged coconut water and non-dairy milk beverages is another major driver for the vegan label market. Further, the adoption of low-calorie variants in conventional beverages such as carbonated soft drinks is also influencing the demand for clean labels. Conventional beverages such as coffee, tea, cocoa-based, and packaged water are witnessing high adoption. Halal ethical-certified products have found their way on packaged water, thereby gaining traction among consumers.

In terms of distribution, the global ethical labels market is dominated by physical retail stores. The sale from supermarkets and hypermarkets accounted for a share of 43% in 2019. Retail stores have remained a preferred choice among consumers as these stores serve as a one-stop destination for several related food and beverage products. The retail channel distribution is expected to lead the distribution in the coming years as the brand-label-trust factor is higher in physical stores. However, the growing penetration of the internet has led to an increased awareness of foods and beverages with ethical labels. Moreover, the high-speed internet would majorly benefit commercial buyers since they would have plenty of options to choose from.

The global ethical labels market is majorly driven by the acceptance of certain types of foods and beverages and the shift in consumers' consumption habits. The contribution of Muslim and Jewish consumers can be attributed to the rise of halal and kosher ethical-certified products; however, it is from flexitarian consumers choosing these labels with a notion of being healthy and not religious. Interestingly, India has been one of the highest vegetarian populations; however, the scope for vegan labels is low as dairy-based products play a vital role in Indian cuisines.

North America is one of the established regions for ethical labels due to the growth of the food and beverage industry. In countries such as the UK, Germany, and France, the rise in animal welfare awareness and the increased demand for organic and sustainable labels are expected to drive the Europe market. Brazil and Mexico are fueling growth in the Latin America region. There is increased adoption of organic, clean, and sustainable labels in the region. However, political strife and subsequent economic dwindling are likely to affect the growth in the region. The market in MEA is growing at a moderate rate.

Key Vendor Analysis

The global ethical labels market is fragmented in nature as the vendors are competing based on product quality, clean free tags, and competitive pricing. Thus, consumer choices and preferences differ across regions and keep changing over time. Due to the highly competitive and volatile environment, future growth mainly depends on the ability to expect, measure, and adopt to the constantly changing trends and successfully introducing new or improved products in a timely manner among strategic consumer regions.

The switching cost is becoming moderate due to reducing price differentiation of high-end and low-end products due to the emergence of several vendors in certain segments such as halal, organic, and clean certifications. Several players are expected to expand their presence worldwide during the forecast period, especially in the APAC region.

Key Topics Covered

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Type
4.4.2 Market Segmentation by Technology
4.4.3 Market Segmentation by Distribution Channels
4.4.4 Market Segmentation by Geography

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance

7 Introduction
7.1 Overview
7.2 Environmental Concerns Driving Ethical Labels
7.3 Flexitarian Consumers leading Halal & Kosher Labels
7.4 Clean & Free-From Labels Impacting Ingredient Lists
7.5 RIse in Sustainability & Fair-Trade Labels
7.6 Market Strategy, Promotion & Development
7.6.1 Brand Image
7.6.2 Online Presence
7.6.3 Innovative Marketing Strategies

8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Consumer Preference for Health & Values
8.1.2 Rising Demand for Products with Cleaner Labels
8.1.3 Reducing Meat Consumption for Environmental Sustainability
8.1.4 Awareness & Demand for Ethical Sourcing & Fair-Trade Practices
8.1.5 Rising Demand for Kosher & Halal Products
8.2 Market Growth Restraints
8.2.1 Cultural Barriers Hindering Higher Adoption
8.2.2 Campaigns Against Mock Meat & Dairy Products
8.2.3 Lack of Awareness & Understanding of Ethical Labels
8.3 Market Opportunities & Trends
8.3.1 Rising Demand for Vegan Meat Products
8.3.2 Scientific Innovations in Production of Ethical Products
8.3.3 Online Retailing & CSR Activities to Aid Growth
8.3.4 Demand/Supply Gap of Organic Foods

9 Global Ethical Labels Market
9.1 Market Overview
9.2 Five Forces Analysis

10 By Label Type
10.1 Market Snapshot & Growth Engine
10.2 Market Overview
10.3 Halal
10.4 Organic
10.5 Clean Labels
10.6 Sustainability & Fair-Trade
10.7 Kosher
10.8 Animal Welfare
10.9 Vegan
10.1 Other Ethical Labels

11 By Product Type
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Ethical Label Foods
11.4 Ethical Label Beverages

12 By Distribution Channel
12.1 Market Overview

13 By Geography
13.1 Market Snapshot & Growth Engine
13.2 Overview

14 APAC

15 North America

16 Europe

17 Latin America

18 Middle East & Africa

19 Competitive Landscape
19.1 Competition Overview
19.2 Strategic Recommendations

20 Key Company Profiles
20.1 Nestle
20.1.1 Business Overview
20.1.2 Major Product Offerings
20.1.3 Key Strengths
20.1.4 Key Strategies
20.1.5 Key Opportunities
20.2 PepsiCo
20.3 Danone
20.4 Mars
20.5 Hershey

21 Other Prominent Vendors
21.1 Kraft Heinz
21.1.1 Business Overview
21.1.2 Product Offerings
21.2 Ferrero
21.3 Tone it Up
21.4 Orgain
21.5 KOS
21.6 Garden of Life
21.7 Your Super
21.8 Nuzest
21.9 No Cow
21.10 Kind
21.11 GoMacro
21.12 SimplyProtein
21.13 The WhiteWave Food Company
21.14 Hain Celestial Group
21.15 Blue Diamond Growers
21.16 SunOpta
21.17 Sanitarium Health and Wellbeing
21.18 Freedom Food Group
21.19 Eden Foods
21.20 Nutriops SL
21.21 Earth's Own Food Company
21.22 Triballat Noyal
21.23 Valsoia
21.24 Dohler
21.25 Panos Brands
21.26 Vitasoy
21.27 Oatly (Ceral Base Ceba)
21.28 Violife Foods
21.29 Good Karma Foods
21.30 Ripple Foods
21.31 Califia Farms
21.32 Elmhurst
21.33 Chobani
21.34 NadaMoo
21.35 Mariani Walnutmilk
21.36 Yofix Probiotics
21.37 Miyoko's Kitchen
21.38 Beyond Meat
21.39 Impossible Foods
21.40 Greenleaf Foods
21.41 Hungry Planet
21.42 Next Level
21.43 Abbot's Butcher
21.44 Atlantic Natural Foods
21.45 Don Lee Farms
21.46 Dr. Prager's
21.47 Gardein
21.48 Good Catch (Gathered Foods)
21.49 Monks Meats
21.50 MorningStar Farms
21.51 No Evil Foods
21.52 Ocean Hugger Foods
21.53 Quorn Foods
21.54 Sophie's Kitchen
21.55 Sweet Earth
21.56 Tofurky
21.57 VBites
21.58 Yves Veggie Cuisine
21.59 AB InBev
21.60 Al Islami Foods
21.61 Al-Falah Halal Foods
21.62 Archer Daniels Midland
21.63 BASF
21.64 Ben & Jerry's
21.65 Beyond Meat
21.66 Blommer Chocolate
21.67 BRF
21.68 Cargill
21.69 Chick-fil-A
21.70 Cleone Foods
21.71 Cranswick
21.72 Eden Foods
21.73 General Mills
21.74 Glanbia
21.75 Groupe Limagrain
21.76 Hodo Foods
21.77 Honest Tea
21.78 Ingredion Incorporated
21.79 Jingyitai Halal Food
21.80 Kedem Food Products
21.81 Kellogg
21.82 Kerry Group
21.83 Keurig Green Mountain
21.84 Koninklijke DSM
21.85 Levana Meal Replacement
21.86 Manischewitz
21.87 Marks & Spencer
21.88 Mondelez
21.89 Neema Food
21.90 Noble Foods
21.91 Nutiva
21.92 Pfanner
21.93 Prima Agri-Products
21.94 QL Foods
21.95 Saffron Road Food
21.96 Starbucks
21.97 Streit's
21.98 Tahira Food
21.99 Unilever
21.100 Whole Foods

For more information about this report visit https://www.researchandmarkets.com/r/jhdos0

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