Global Organic Food and Beverages Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2024-2032
According to the report by Expert Market Research (EMR), "The Global Organic Food and Beverages Market Size, Share, Analysis, Report and Forecast 2024-2032″,the global organic food and beverages market grew significantly in 2023. Aided by the escalating demand for naturally-sourced consumables and the amplifying applications of organic products across diverse industries, the market is projected to grow at a CAGR of 12.50% between 2024 and 2032.Organic food and beverages are products cultivated and processed without the use of synthetic fertilisers, pesticides, genetically modified organisms, or artificial additives. They stand as a beacon for consumers advocating for ecological balance, biodiversity conservation, and the absence of chemical food treatments, owing to their sustainable farming practices. The primary allure of organic products lies in their healthful benefits, nutrient-rich profile, and minimal environmental footprint.
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The global organic food and beverages market growth stems predominantly from the intensifying consumer preference for clean-label and natural products. As health consciousness seeps deeper into the global psyche, there's a discernible gravitation towards foods and drinks devoid of chemical residues, preservatives, and artificial flavourings. Furthermore, the persistent dissemination of information concerning the detrimental effects of chemicals in conventionally grown products reinforces this shift.
Supplementing this trend is the expanding realm of fitness and holistic well-being. Modern consumers, especially millennials and Gen Z, not only aim for physical fitness but also prioritise mental well-being and environmental sustainability. Organic food and beverages, encompassing these ideals, thus find prominent takers amongst this demographic.
Diversified applications of organic products in various industries further bolster organic food and beverages market demand. For instance, the cosmetics sector, in its quest for natural and skin-friendly ingredients, integrates organic extracts and oils. The pharmaceutical sphere, aiming for clean and side-effect-free solutions, is increasingly relying on organic herbs and extracts for drug formulation.
Further intensifying the demand dynamics for organic foods and beverages is the burgeoning vegan and vegetarian population. This demography, acutely aware of their dietary impacts on personal health and the environment, gravitates naturally towards organic products. Their preference for organic plant-based milk, cereals, and alternatives to meat products shapes the organic food and beverages market outlook, facilitating its reach into uncharted territories.
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Market Segmentation
The market can be divided based on product type, process, distribution channel, and region.
Market Breakup by Product Type
Organic Fruits 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
Market Breakup by Process
Processed
Unprocessed
Market Breakup by Distribution Channel
Supermarket/Hypermarket
Speciality Stores
Convenience Stores
Online Sales Channel
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global organic food and beverages market. Some of the major players explored in the report by Expert Market Research are as follows:
Danone S.A.
The Hain Celestial Group, Inc.
General Mills, Inc.
United Natural Foods, Inc.
SpartanNash Company
Amy's Kitchen, Inc.
Dairy Farmers of America, Inc.
Cooperative Regions of Organic Producer Pools (CROPP Corporative)
Nestlé S.A.
Whole Foods Market IP, Inc.
SunOpta, Inc.
Nature's Path Foods, Inc.
Others
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