In terms of revenue, the global organic food and beverages market stood at US$ 165.52 Bn in 2018 and is anticipated to reach US$ 679.81 Bn by 2027, expanding at a CAGR of 17.05% during the forecast period.
Increased awareness of the benefits of the organic food and beverage industry intake is expected to boost Organic Food and Beverages Market growth in the near future. Moreover, increased income levels, improved living standards, increased environmental problems, and increased health risk diseases caused by inorganic foods are another driving force in this market. The impact of these drivers is expected to increase significantly due to increasing consumer health problems.
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Some of the constraints associated with the Organic Food and Beverages Market are the high price of organic foods and the shelf life of organic foods and beverages in comparison with conventional foods. In addition, investment in the organic food and beverage sector has also increased from private investors and governments, providing an opportunity for the organic food and beverage market to foster. With advances in technology and increased soil adaptability to organic farming, the prices of organic food and beverages are expected to fall in the near future.
Developing organic value chain, environmental friendly packaging, and product innovation are observed to be the key differentiators for manufacturers to stay competitive in the Organic Food and Beverages Market. The presence of nutrients and other essential health promoting ingredients are other main factors contributing to the popularity of organic products. Leading organic food and beverages market participants are analyzing changing food habits, purchasing pattern and tastes among their consumers, and thus focusing on introducing innovative organic food and beverage products in the market.
Organic food and beverages market products are subjected to stringent regulations and certification. Various certification bodies such as International Federation of Organic Agriculture Movements (IFOAM), United States Department of Agriculture (USDA), and several local and third party certification providers are ensuring safe practices to be followed in production and distribution of organic products. Sales of organic foods and beverages without certified label is prohibited across various countries, which results in decline in sales of counterfeit products sales. Moreover, stringent regulations have also helped in establishing trust between customers and brands. Thereby fueling the growth of organic food and beverages market.
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As the adoption of organic foodstuffs and organic baby food has increased, other organic food sectors have become one of the favorable targets of investment. Other emerging sectors such as organic non-dairy products, organic dairy products and meat and poultry products also offer significant investment opportunities. However, the organic beverage sector is expected to grow slowly, but the Organic Food and Beverages Market is huge. Moreover, organic frozen and processed foods and other organic beverages are also creating segments that are expected to bring good incomes.
The detailed research study provides qualitative and quantitative analysis of the global organic food and beverages market. The organic food and beverages market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Key Findings of the Report:
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Global Organic Food and Beverages Market
- In terms of revenue, global organic food and beverages market is expected to reach US$ 679.81 Billion by 2027 owing to growing awareness about health benefits offered by these products, increasing health hazards caused by consumption of conventional foods and government support to promote organic farming.
- The sale of organic food and beverages is expected to be largely directed through online mode of distribution channel over the forecast period. The same is being largely contributed by the changing purchasing behavior among consumers.
- S. is expected to account for largest market share occupying close to 70% of North America organic food and beverages market.
- Some of the leading players operating in the organic food & beverages market are the Amy's Kitchen, Inc., Cargill, Incorporated, ConAgra Brand, Inc., Dole Food Company Inc., SpartanNash Company, The J.M. Smucker Company, The Kraft Heinz Company, The Kroger Co, Whole Foods Market IP. L.P, Dole Food Company, The Hain Celestial Group, Inc., and General Mills Inc, among others
Organic Food and Beverages Market By Distribution Channel
- By Product Type
- Food Products
- Fruits and Vegetables
- Meat, Fish & Poultry Products
- Dairy Products
- Pulses And Spices
- Packaged Food Products
- Bakery Products
- Other Organic Food Products
- Fruit and Vegetable Juices
Organic Food and Beverages Market By Region
- Convenience Stores
- Specialty Stores
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About Absolute Markets Insights:
- North America
- Rest of North America
- The UK
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Latin America
- Rest of Latin America
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