Press release
Organic Food And Beverage Market Strategies, Economic Impact, and Forecast 2031
The global organic food and beverage market size was US$ 215233 million in 2021. The global organic food and beverage market size is forecast to reach US$ 751914.1 million by 2030, growing at a compound annual growth rate (CAGR) of 14.8% during the forecast period from 2022 to 2030.The production of organic food and beverages requires organic farming and processing, which prohibits the use of synthetic fertilizers and ingredients. Additionally, organic foods cannot contain artificial food additives. The producers of organic foods have been using this belief to market their products and in order to describe the nutritional facts and health benefits of their products to consumers.
Factors Influencing Market Growth
Increased consumer awareness regarding the health benefits of organic food and beverages has led to the growth of the global organic food and beverage market.
Download free sample of this report :-https://www.quadintel.com/request-sample/organic-food-and-beverage-market/QI040Due to the growing concerns about harmful chemicals used in agriculture and farming and their harmful effects on consumers' health, the global organic food and beverage market is growing.
The surge in consumer demand for clean-label food and beverage products is forecast to drive the global organic food and beverage industry.
Low shelf life and the high price of organic products may slow down the global market growth for organic food and beverage.
Impact Analysis of COVID-19
The COVID-19 pandemic has positively impacted the growth of the organic food and beverage market globally. The Organic Trade Association reported that U.S. sales of organic food and non-food items in 2020 reached an all-time high.
In 2020, organic sales in the U.S. reached US$ 61.9 billion. The organic food market saw a 13% increase in sales in 2020 and reached US$ 56.5 billion. The trend of health-conscious consumers turning to healthy food consumption during the COVID-19 pandemic to improve their immunity and gut health boosted the demand for the global organic food and beverage market.
Regional Insights
The Asia-Pacific region is forecast to grow significantly during the forecast period. Organic products are becoming more mainstream due to the health benefits, the increase of disposable income of the consumers, and the improved quality of life in the region, which all contribute to market growth.
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Leading Competitors
The leading prominent companies profiled in the global organic food and beverage market are:
WhiteWave Foods Co.
Hain Celestial Group, Incorporated
General Mills Incorporated
United Natural Foods, Incorporated
SpartanNash Company
Amy's Kitchen, Incorporated
Dean Foods Company
Starbucks Corporation
The Kroger Co.
Whole Foods Market Incorporated
Other Prominent Players
Scope of the Report
The global organic food and beverage market segmentation focus on Product Type, Process, Distribution channel, and Region.
Segmentation based on 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
Other Organic Food and Beverages
Segmentation based on Process
Processed
Unprocessed
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Segmentation based on Distribution channel
Supermarket/Hypermarket
Specialty Stores
Convenience Stores
Online Sales Channel
Others
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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