Global Organic Food And Beverages Market Size By Product (Organic Beverages, Organic Meat), By Distribution Channel (Department Store, E-commerce), By Geographic Scope And Forecast
Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Organic Food And Beverages Market Size By Product (Organic Beverages, Organic Meat), By Distribution Channel (Department Store, E-commerce), By Geographic Scope And Forecast
Organic Food And Beverages Market Size And Forecast
Organic Food And Beverages Market size was valued at USD 23.9 Billion in 2020 and is projected to reach USD 76.1 Billion by 2028, growing at a CAGR of 15.58% from 2021 to 2028.
Food that contains chemicals or other harmful pesticides can imbalance the human body and cause many diseases like hormone problems, malignancy, etc. so people shift towards organic food which is the major growth driver of the Organic Food And Beverages Market. The Global Organic Food And Beverages Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Organic Food And Beverages Market Definition
Organic food and beverages refer to a food product that is produced, prepared, and processed without the use of any chemicals. Besides, organic food and beverages making forbids the use of chemical preservatives, chemical fertilizers, and chemical pesticides. Therefore, organic foods and beverages are accumulating gaining acceptance due to a huge portion of the population wanting to know its advantages. Moreover, consumer belief is that organic food and beverages are beneficial correlated to the conventional ones and it’s the major reason for its increased appeal over a few decades. The comprehensive impacts of organic agriculture are beneficial to the environment.
Also, certified organic production methods stop the use of factitious fertilizers and pesticides, consequently, diminishing chemical depart and the pollution of soils and watersheds. Minor organic farming usually is allied with important environmental benefits, due to the use of on-farm inputs, similarly, fertilizers acquire from compost created on-site. However, organic food and beverages provide remarkably greater levels of phosphorus, magnesium, iron, and vitamin C than non-organic varieties of the same foods. Although are higher in these nutrients, they are also significantly lower in nitrates and pesticide slag.
The content of vitamin C in organic food and beverages is in most cases more than in the case of those obtained by the classical method. The organic livestock lifted for eggs, dairy, and meat products should be boosted in living conditions considering their natural repose and sated organic cater and pasture. The prime element that constructs them more nutritive is that they are given time to mature and are stipulated with good natural conditions for growth. The vitamin and mineral gratify of organic food and beverages products are generally giant because the soil life and health provide the ultimately capable procedure for crops to approach soil nutrients.
Global Organic Food And Beverages Market Overview
The rise in disposable income acts as a primary growth driver in the Global Organic Food And Beverages Market. With the growing standard of living around the globe consumers are also staying healthy or health freaks in today’s modern world. Moreover, with an increasing number of chemical poisonings in the world that people are shifting toward organic food and beverages which act as the growth driver of the Market. Furthermore, food that contains chemicals or other harmful pesticides can imbalance the human body and cause many diseases like hormone problems, malignancy, etc. so people shift towards organic food which is the major growth driver of the Organic Food And Beverages Market.
Also, the adoption of strict government rules and regulations for the growing Organic Food And Beverages Market is the major key growth driver of the market. One of the major restraints of this market is that organic food and beverages are costly in nature. This is because organic foods and beverages are arduous to grow and they also need more focus over time. Therefore, the after-harvesting procedure and taking care of organic food is a costly transaction so the risk of contamination by chemical fertilizers, pesticides, etc. from water and neighboring farms is high.
The Organic Food And Beverages Market is also affected by huge fee for registration, certification, and authorization to become organic farmers and this is the prime restrain which diminish the growth of the Organic Food And Beverages Market. Moreover, the organic food industry is focused on the launch of the latest product categories with more modifications. Moreover, organic food and beverages producers are flourishing with unique organic food products such as organic juices, spices, medical plants, herbs, ready-to-eat snacks, pulses biscuits, and organic tea.
Global Organic Food And Beverages MarketSegmentation Analysis
The Global Organic Food And Beverages Market is Segmented on the basis of Product, Distribution Channel, And Geography.
Organic Food And Beverages Market, By Product
• Organic Fruit And Vegetables• Organic Prepared Foods• Organic Beverages• Organic Meat• Organic Dairy Products
Based on Product, The market is segmented into Organic Fruit And Vegetables, Organic Prepared Foods, Organic Beverages, Organic Meat, And Organic Dairy Products. The Organic fruit and vegetable segment holds the big market share. Consumers are very health conscious in today’s world. They don’t want to eat any food which is full of chemicals and pesticides so they shifted their preference toward organic food.
Organic Food And Beverages Market, By Distribution Channel
• Supermarket And Hypermarket• Specialty Store• Department Store• E-commerce• Others
Based on Distribution Channel, The market is segmented into Supermarket And Hypermarket, Specialty Store, Department Store, E-Commerce, and Others. The supermarket & hypermarket store segment is expected to advance its market presence and grow with the highest CAGR during the forecast period. Also, a specialty store is a retail store selling specific product categories, in comparison to retailers who sell numerous types of consumer goods. The primary advantage of the specialty stores is that the people can have dedicated information about products, and can compare products from various brands. Technological advancements further motivate manufacturers to sell their organic food and beverages through eCommerce goods stores, where a customer can have detailed information about a particular kind of product which might increase its attractiveness.
Organic Food And Beverages Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Geography, The Organic Food And Beverages Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific region is expected to witness the highest CAGR during the forecast period. This is primarily due to the rise in disposable income in these countries, and the growth in urbanization.
Key Players
The “Global Organic Food And Beverages Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as General Mills, Organic Farm Foods, Kellogg, Amy’s Kitchen, Organic Valley, EVOL Foods, Eden Foods, Starbucks Corporation, The Hain Celestial Group and Nature’s Path Food among others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• In August 2021, Amy’s Kitchen opened a new, 65,000-square-foot production center in San Jose on Las Plumas Avenue. The major production item at the plant is Amy’s popular frozen, organic pizzas which also produce a variety of frozen enchiladas.
• In April 2020, Nature’s Path had launched Regenerative Organic Certified Instant Oatmeal. Nature’s Path believes that tackling climate change can begin with the food we eat, and that is why, in addition to their commitment to sustainable packaging, being carbon neutral, and environmental giveback programs.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2017-2028 |
BASE YEAR | 2020 |
FORECAST PERIOD | 2021-2028 |
HISTORICAL PERIOD | 2017-2019 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | General Mills, Organic Farm Foods, Kellogg, Amy’s Kitchen, Organic Valley, EVOL Foods, Eden Foods, Starbucks Corporation. |
SEGMENTS COVERED | • By Product |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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