Today, a large section of society is conscious of where their food comes from. The demand for organic food is on the increase as people prefer to eat food that is processed naturally. This drift to search for healthy meals has resulted in an exclusive demand of organic food.
The estimated worth of the global organic market according to Allied Market Research in 2015 was $115,984 million and it is expected to reach $327,600 million till 2022. Also, in 2017, the organic food industry acquired growth of 6.4% and that of the same in 2016 was 9% in the US.
The organic market set a new record in 2017 in the US by hitting sales of $45.2 billion. Majorly people shift to this industry due to the reason that the demand for organic dairy shifted to more plant-based offerings according to the OTA. According to the survey published by Households, Millennial parents are the biggest organic-buying group.
The above-mentioned stats clearly show that the organic and natural food products industry is going to be more successful in the coming years because people are looking out for fresh and nutritious food for themselves as well as their family.
Why Start An Organic Food Product Marketplace
We have gathered information about the top organic retailers in the northern part of America who have witnessed decent business growth by offering organic food products. These marketplaces are the live examples that clearly signify that the organic food products industry has a huge number of opportunity for entrepreneurs. The top market players are:
Some of the Walmart stores were offering as many as 400 organic products. As the years have gone by, Walmart has increased those offerings. Currently, organic food products are largely available at Walmart along with other organic products. In addition, it must be noted that the brand has formed partnerships with many local organic farmers.
In recent years, organic food offerings at Costco have grown considerably. However, like other mainstream grocers, the company is facing a hard time to meet the rising organic food product demands. “We cannot get enough organics to stay in business day in and day out,” says Costco CEO, Craig Jelinek.
Whole Foods Market
This market presents the perk to walk into their store at any moment and find the organic food item you were looking for. Remarkably, the stores offer a plethora of certified organic foods. Hence, Whole Foods Market provides more organic products than any other store.
How to Start Organic Food Product Marketplace?
The natural and organic food products marketplace has brought lucrative business opportunities for entrepreneurs with tremendous future scope. However, before venturing in this business, it is important for the entrant to be aware of the various challenges plaguing the industry. So, create a business plan highlighting the goals to achieve along with the market review, competition analysis, business description, checklist the product line, manifest funding plots, and many more.
In addition, in the customer-driven business landscape, it is extremely important to make your natural and organic food products marketplace customer focused. The success of your business depends on customer satisfaction and the availability of resources. Hence, it is highly crucial to embark your venture based on customer-centricity.
Here are some of the services that you must include in your online natural and organic food products marketplace:
- Product Reviews & Ratings: Add this section so that customers can make remarks about your products and their experience by adding reviews and rating.
- Advanced Order Management: To improve the whole order completion process, advanced order management can help you in streamline distribution of products.
- Ship Station For Real-Time Shipping: Create an unparalleled purchasing and shipping experience with real-time rates and delivery times.
- Multiple shipping tables: Build customized shipping-methods table and support for scaling your delivery services and satisfying customers.
- Multiple Payment Options: Allow your customers to make payments with different trustworthy gateways like Amazon wallet and PayPal.
- Easy Checkout Process: Keep your checkout processes tight, simple and fast that promote accelerated sales funnel as well as less abandoned cart rate.
In a nutshell,SYou can start your business instantly with the best ready-made multi-vendor marketplace solutionsChoose most cost-effective and feature-rich solutions to start a multi-vendor natural and organic food products business. It is the smartest platform and trusted across the globe for its scalability and customizable functionalities.