The GMI Research forecasts that the organic food and beverage market is witnessing an upsurge in demand over the forecast period starting from 2020 till 2027. This is mainly due to the increasing adoption of healthy and natural foods and drinks among the consumers.
Introduction of the Organic Food and Beverage Market:
Organic food and beverage consist of natural and organic ingredients cultivated according to the standards of organic farming. These food products and beverages are made without any synthetic chemicals, including pesticides, fertilizers, and hazardous chemicals, and have a longer life span. They are rich in nutrients such as vitamins, antioxidants, minerals, carotenoids, iron, magnesium, and phosphorus, with no exposure to nitrates and pesticides.
Organic Food and Beverage Market Dynamics (Including market size)
The primary factor driving the growth of the global organic food and beverage market size includes increasing healthy and natural foods and drinks among the consumers. The consumers are becoming more health-conscious and are largely opting for organic food and beverages. Numerous manufacturers are aiming to produce labeled organic foods and drinks, such as launching natural fruit ingredients and no added sugar in juice to capture the rising demand of the organic food and beverage industry.
The growing purchasing power of consumers is promoting them to opt for organic food and beverage products during the forecast period. The rising investments in R&D by the major manufacturers are surging the growth of the global organic food and beverage market. On the other hand, the growing cost of operations, marketing, and production will restraint the growth of the market.
Based on the Region, the North America region is projected to witness a higher CAGR during the forecast period due to the emerging demand for organic food in the United States of America and Canada. In addition to this, increasing health awareness and the emerging trend to follow healthy diet patterns will further support the growth of the market in this region. The changing lifestyles and growing number of diseases in this region are encouraging the consumers to opt for organic food products and beverages during the forecast period.
Key Players of the Global Organic Food and Beverage Market:
• Amy’s Kitchen Inc.
• Belvoir Fruit Farms Ltd.
• Nestle SA
• Danone S.A.
• PepsiCo Inc.
• Organic Valley
• The Hain Celestial Group Inc.
• Kraft Foods Inc.
• General Mills Inc.
• The Coca-Cola Company
• Starbucks Corporation
• Eden Foods Inc.
• United Natural Foods, Inc.
• The Kroger Co.
Organic Food and Beverage Market Segmentation:
Global Organic Food and Beverage Market Report Segment by Product:
• Organic Food
o Fruits & Vegetable
o Meat, Fish & Poultry
o Dairy Products
o Frozen & Processed Food
o Others
• Organic Beverages
o Non-Dairy Products
o Coffee & Tea
o Beer & Wine
o Others
Global Organic Food and Beverage Market Report Segment by Distribution Channel:
• Supermarket/Hypermarket
• Convenience Store
• Speciality Stores
• Online
• Others
Global Organic Food and Beverage Market Report Segment by Region:
• North America
o United States of America
o Canada
• Asia Pacific
o China
o Japan
o India
o Rest of APAC
• Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
• RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, be it small and medium enterprises or large organization. Our research team helps the clients to understand the importance and impact of the market dynamics. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use both internal and external databases to cull out relevant information about the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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