PUBLISHER: SkyQuest | PRODUCT CODE: 1285940
PUBLISHER: SkyQuest | PRODUCT CODE: 1285940
Global Organic Food And Beverages Market size was valued at USD 188.35 billion in 2021 and is poised to grow from USD 208.18 billion in 2022 to USD 564.22 billion by 2030, growing at a CAGR of 13% in the forecast period (2023-2030).
The global organic food and beverages market is witnessing steady growth due to increasing consumer awareness about health and sustainability. Growing concerns over the use of chemicals in food production have led to a surge in demand for organic products. Factors such as rising disposable incomes and changing lifestyles are also driving market growth. However, challenges related to high production costs and limited availability of organic ingredients are hindering the market's expansion. Market players are focusing on product innovation and expanding distribution networks to capitalize on the growing demand.
Top-down and bottom-up approaches were used to estimate and validate the size of Organic Food And Beverages and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Segments covered in this report:
The global organic food and beverages market are segmented based on product type, processing, distribution channel, and region. Based on product type, it Organic Food And Beverages Market categorized 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 beerand wine. Based on processing, Organic Food And Beverages Market is categorized into processed, frozen, and unprocessed. Based on distribution channel, Organic Food And Beverages Market is categorized into supermarket, hypermarket, specialty stores, convenience stores, online stores. Based on region, Organic Food And Beverages Market is categorized into North America, Europe, Asia-Pacific, South America, and MEA.
Driver
Chemical-free and nutrient-rich, organic foods and drinks are abundant in vitamins and minerals. The fact that the products are manufactured naturally and without preservatives is another factor in the majority of consumers' preference for them. Animal-based organic products like poultry and pork are free of GMOs and antibiotics.
Restrain
One of the main factors impeding the expansion of the organic food and beverage business is high input costs and low yield.
Trends
One of the main factors impeding the expansion of the organic food and beverage business is high input costs and low yield.