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Organic Food and Beverages Market Driving Forces Behind the Growth of a Focus on Consumer Health Awareness and Government Regulation Will Reach at $ 569.13 billion by 2030

02-22-2024 05:29 AM CET | Food & Beverage

Press release from: SNS Insider

/ PR Agency: SNS Insider
Organic Food and Beverages Market

Organic Food and Beverages Market

The Organic Food and Beverages Market has experienced significant growth in recent years, driven by several factors including consumer desire for improved health, increased awareness of the harmful effects of artificial ingredients, and government initiatives to regulate labeling and promote organic farming practices.
The organic food and beverages market is experiencing significant growth as consumers become more conscious of the health and environmental benefits of organic products. This market includes a wide range of products such as fruits, vegetables, dairy, meat, grains, and beverages that are produced without the use of synthetic pesticides, fertilizers, or genetically modified organisms.

Market Size-
The SNS Insider report indicates that the Organic Food and Beverages Market was valued at USD 200.91 billion in 2022, and it is projected to achieve a market size of USD 569.13 billion by 2030, with a compound annual growth rate (CAGR) of 13.9% expected over the forecast period from 2023 to 2030.

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Key Players:
Hain Celestial, Whole Foods Market L.P., Dole Food Company, Inc, Dairy Farmers of America, Inc., General Mills Inc., Danone, United Natural Foods, Inc., Gujarat Cooperative Milk Marketing Federation (Amul), THE HERSHEY COMPANY, Amy's Kitchen, Inc

Market Report Scope -
The rise in demand for food and drink products labelled "Clean Label", it is expected that there will be a significant growth of the natural foods and beverages industry. Consumers are much more familiar with the food and drink they're consuming. They should be able to learn about the ingredients of foodstuffs and beverages, their sources as well as government authority certificates in order to ensure that each product is organic and sustainable. Consumers are becoming more aware of their health due to changes in lifestyle.

Market Growth Factors -
Organic Food and Beverages Market in recent years, given the desire of consumers to improve their health and awareness about the harmful effects of artificial ingredients, there has been an increase in demand for natural additives. Due to the presence of synthetic chemicals such as pesticides and antibiotics in animals and plants, there are a number of health risks associated with consumption of conventional foods. Moreover, the involvement of governments in providing consumers with information on the difference between falsely labelled products and genuine ones also contributes to overall market development. Certain guidelines prohibiting the use of chemicals, pesticides, growth hormones, and other synthetic chemicals to promote the cultivation of organic products have also been issued by governments in some parts of the world.

Segmentation Analysis -
In the organic food segment, fruit and vegetables have become one of the top segments in 2023 with a share of 40.6% worldwide revenue. In developed regions, including North America and Europe, the trend of organic vegetables has spread to emerging economies such as India and China. The largest consumers of organic foods are North America and Europe. It is expected that the consumption of organically produced meat, fish and poultry products will increase at a high compound annual growth rate.
The largest share of more than 60.1% in 2023 was recorded by the distribution channel segment for supermarkets and hypermarkets. There is a broad range of branded and domestic products on display in these stores. This segment was supplemented by some brick-and-mortar stores provided through this distribution channel, which were able to sell popular brands. Increasing number of supermarket and hypermarket chains, as well as a change in the retailing landscape, especially in emerging economies.
By 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 Wine and Beer
• Other Organic Food and Beverages
By Process:
• Processed
• Unprocessed
By Distribution channel:
• Supermarket/Hypermarket
• Specialty Stores
• Convenience Stores
• Online Sales Channel
• Others

Key Regional Development -
In view of the unique advantages inherent in these products, such as Eco friendliness, zero chemical residues and healthiness compared to conventional foodstuffs, North America's organic food & beverage market contributed a higher share than any other part of the world at 49.9% by 2023. In the near future, an increase in consumer awareness about the benefits of not genetically modified or engineered foods is expected to fuel North America's market.
The growing trend of ready to eat foods among working class people, as well as a high Millennial population in countries such as India, is expected to drive the Asia Pacific organic food and beverage market to a compound annual growth rate of 18.1% from 2024 to 2030. The main markets in terms of consumer spending on food are China, India and Japanese. In addition, new opportunities for the regional market are opening up as a result of a significant increase in demand for frozen food due to less time for preparation and cooking.

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Key Takeaway
Organic foods and beverages are agricultural products developed or produced in accordance with organic farming practices. Organic farming also helps to reuse resources, maintain environmental equilibrium and practice biodiversity conservation. Organic food and beverages shall be defined as agricultural products developed without the use of artificial fertilizers, growth regulators or other additives. Fast food restaurants, internet shops and traditional grocery stores now have easy access to them.

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Recent Developments -
In October 2023, Dole Food Company Inc. announced the creation of a specialised division called "Dole Organics" and introduced its GO Organic!" consumer brand at Fruit Attraction 23 in Madrid. Focused on revitalizing the organic fresh produce category, Dole Organics aims to foster cross-sector collaboration, streamline supply chains, and ensure the ongoing continuity and consistency of organic products.
So Delicious Dairy Free, a division of Danone North America, launched its first oat milk product in April 2023 with the introduction of organic oat milk. The product is available in two types: Original and Extra Creamy, made from organic oats with a variety of ingredients.

Table of Contents
• Introduction
• Research Methodology
• Market Dynamics
• Impact Analysis
• COVID-19 Impact Analysis
• Impact of Ukraine- Russia war
• Impact of Ongoing Recession on Major Economies
• Value Chain Analysis
• Porter's 5 Forces Model
• PEST Analysis
• Global Organic Food and Beverages market segmentation, by Product Type
• Global Organic Food and Beverages market segmentation, by Process
• Global Organic Food and Beverages market segmentation, by Distribution channel
• Global Organic Food and Beverages market, by region/ country
• Regional Analysis
• Company Profile
• Competitive Landscape
• USE Cases and Best Practices
• Conclusion

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Akash Anand - Head of Business Development & Strategy
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
Office No. 305-B, Arissa Avenue, Fountain Road, Kharadi, Pune, Maharashtra 411014

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