Market Research Report
Organic Food and Beverages Market by Product Type, Process, and Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2022-2031
|Organic Food and Beverages Market by Product Type, Process, and Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2022-2031|
Published: February 7, 2022
Allied Market Research
Content info: 120 Pages
Delivery time: 2-3 business days
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 foods are produced by organic farming, which uses natural fertilizers and traditional cultivation methods. The organic food and beverages market witnessed a remarkable growth globally in the recent years. Growing concerns towards health, adverse effects due to junk foods, and environmental concerns are underlying issues that drive market growth. The support of government policies and increase in financial assistance from private investors are factors the boost the market growth. The government programs such as National Mission for Sustainable Agriculture (NMSA) and National Programme for Organic Production (NPOP) play a significant role in the growth of the global organic food and beverages market.
Furthermore, the rise in awareness among the population regarding the benefits of the organic products, ill-effects of chemical pesticides in farming, and rise in consciousness regarding the deteriorating environmental concerns plays a prominent role to augment the demand for the clean labelled products. Farmers are shifting towards organic farming owing to the increased growth opportunities. The increase in health-consciousness stimulates consumers to spend more on healthy and good quality food products, which fuels the growth of the organic food and beverages market.
However, high costs of the organic food and beverages, stringent government regulations in the certification process, and high investments to get government approvals are the major restraining factors that are expected to hinder the market growth during the forecast period.
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).
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 Benefits for Stakeholders
The report provides an extensive analysis of the current and emerging organic food and beverages market trends and opportunities.
The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing organic food and beverages market opportunities in the market.
The organic food and beverages market forecast is offered along with information related to key drivers, restraints, and opportunities.
The market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.