The global organic food and beverages market size was valued at $187,485.6 million in 2020 and is estimated to reach $860,625.7 million by 2031, registering a CAGR of 14.9% from 2022 to 2031.
Organic Food and Beverages Market by Product Type (Organic Foods and Vegetables, Organic Meat, Fish and Poultry, Organic Dairy Products, Organic Frozen and Processed Foods, Organic Non Dairy Beverages, Organic Coffee and Tea, Organic Beer and Wine, and Other Organic Food and Beverages), Process (Processed and Unprocessed), and Distribution Channel (Supermarket/Hypermarket, Specialty Stores, Convenience Stores, Online Sales Channel, and Others): Global Opportunity Analysis and Industry Forecast, 2022–2031.
The global organic food and beverages market is poised to witness significant growth during the forecast period, owing to increase in income levels, rise in awareness regarding advantages of organic products, and improved organic farming techniques. The demand for organic food and beverages is anticipated to quadruple by 2031 as compared to its size in 2020. In addition, due to huge growth potential, the market attracts more number of investors and governments of many countries are coming up with new investment policies to encourage the organic farming, which creates huge growth opportunities for the organic food and beverages market to nurture in the near future.
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Covid 19 Impact Analysis:
“The outbreak of the COVID-19 in 2020 significantly boosted the demand for the organic food products across the globe. Health consciousness among the people increased exponentially. As a result, the demand for the clean labelled food products and healthy products increased at a significant rate. As per the Organic Trade Association, the U.S. witnessed an all-time high sales of the organic food in its history in 2020.”
The surge in demand for the clean label food and beverage products is expected to be a significant driver for the growth of the organic food and beverages Industry. Consumers have become more conscious regarding the food or beverages they consume. They want to gain information regarding the ingredients of the food & beverages, their source, and certifications of government authorities to ensure that every product is organic and sustainable. The rise in health-consciousness among consumers exponentially increases the demand for the sustainable food and beverages.
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The key market players profiled in the report are WhiteWave Foods Co., Hain celestial Group, Inc., General Mills Inc. United Natural Foods, Inc., SpartanNash Company, Amy’s Kitchen, Inc., Dean Foods Company, Starbucks Corporation, The Kroger Co., and Whole Foods Market Inc.
Key Market Segments Review:
According to the organic food and beverages market analysis, the market is segmented based on the product type, process, distribution channel, and region. On the basis of product type, the organic food and beverages market is segmented into organic foods and vegetables, organic meat, fish and poultry, organic dairy products, organic frozen and processed foods, organic non-dairy beverages, organic coffee and tea, organic beer and wine, and other organic food and beverages. On the basis of process, the market is segregated into processed and unprocessed. On the basis of distribution channel, the organic food and beverages market is divided into supermarket/hypermarket, specialty stores, convenience stores, online sales channels, and others (food service, groceries, & others). On the basis of region, the global organic food and beverages market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, United Arab Emirates, Saudi Arabia, and rest of LAMEA).
Key Findings of Study:
Organic coffee and tea segment dominated the global organic food and beverages market Trends in 2020, and is expected to reach $189,881.7 by 2031.
Based on process, the processed segment is noticed to grow at a faster rate during the forecast period.
Supermarket/hypermarket segment accounted for the 35.2% of the total market share in 2020.
Asia-Pacific is projected to witness the highest growth, registering a CAGR of nearly 18.0% during the forecast period.
The U.S. accounted for 41.5% of the market share in the global organic food and beverages market Forecast in 2020.
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1.2.Key Market Segments
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2:EXECUTIVE SUMMARY
CHAPTER 3:MARKET LANDSCAPE
3.1.Market Definition and Scope
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3.Porter’s Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power among Buyers…..continue
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