Impact of COVID-19 on Organic Food Beverages Market: Implications on Business

Global Organic Food and Beverages Market: Overview

A number of chronic diseases are now being attributed to the consumption of food that is prepared using raw materials that are produced using chemicals that are harmful in a long-term perspective. Owing to the deepening penetration of smartphones and social media, the awareness regarding the ill-effects and thereby benefits of organic food ingredients is expanding. According to a recent business intelligence study by Transparency Market Research (TMR), the global organic food and beverages market will multiply at an impressive CAGR of 15.5% during the forecast period. Revenue-wise, the organic food and beverages market is estimated to attain a value of US$187.85 billion by the end of 2019.

Request PDF Brochure : https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1669

As per the findings of the TMR report, there is strong competition to be seen in the organic food and beverages market, primarily because of the low entry barriers. Regional, country-wide, and even domestic players are able to grow organic raw materials and reach out to their localized demand. That being said, some of the major food and beverage companies, such as PepsiCo Inc., The Coca-Cola Company, Groupe Danone SA, Nestle SA, Kellogg Company, and Whole Foods Market are expected to stay ahead of the curve as they have a strong presence in a number of countries. Additionally, these players are financially equipped to resort to aggressive marketing strategies and develop a brand name. Going forward, these prominent players are expected to constitute for a substantial chunk of shares while the other half will remain fragmented.

REQUEST FOR COVID19 IMPACT ANALYSIS : https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=1669

Based on organic food product, the report segments the market into fruits and vegetables, dairy products, meat, fish, and poultry, frozen and processed food, and others. Among these, fruits and vegetables segment is currently providing for the bulk of the demand. Beverages are sub-segmented into non-dairy beverages, coffee and tea, beer and wine, and others. Among these, organic coffee and tea and non-dairy beverages are dominating the demand. Geographically, the North America and Europe have been identified as the two regions with most prominent demand, although vastly populated region of Asia Pacific is primed to expand profitable during the forecast period too.

Apart from increasing awareness among the consumers, the global organic food and beverages market stands to gain further impetus from the mushrooming of retail outlets and their supply chain, adoption of new organic standards and regulations, and increased per capita income in developing countries. On the other hand, high production cost, lack of awareness, and regulatory issues are curtailing the market from touching greater heights. However, the analyst of the report has foreseen incremented government support for organic farming and widening variety of products are expected to open new revenue avenues for the players of this market.

Explore Transparency Market Research’s award-winning coverage of the global Industry:https://www.nsenergybusiness.com/pressreleases/companies/transparency-market-research/use-of-3d-printing-materials/

The information presented in this review is based on a Transparency Market Research report, titled, “Organic Food and Beverages Market (Food - Fruits & Vegetables, Meat, Fish & Poultry products, Dairy products, Frozen & Processed foods, & Others; Organic Beverages - Non - dairy beverages, Coffee & Tea, Beer & Wine, & Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”

Key Segments of the Global Organic Food and Beverages Market

Organic Food Market: Product Analysis

Organic Fruits & Vegetables
Organic Meat, Fish & Poultry Products
Organic Dairy Products
Organic Frozen & Processed Food
Others

Organic Beverages Market: Product Analysis

Organic Non - dairy Beverages
Organic Coffee & Tea
Organic Beer & Wine
Others

Contact Us

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

About Us:

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

This release was published on openPR.