Press release
Organic Food and Beverages Market Report, Trends, Growth, Key Players, Share, Size, Forecast 2024-2032
According to the report by Expert Market Research (EMR), the organic food and beverages market size reached a value of USD 245.93 billion in 2023. Aided by increasing consumer awareness about health and environmental sustainability, the market is projected to further grow at a CAGR of 12.60% between 2024 and 2032 to reach a value of USD 715.05 billion by 2032.Organic food and beverages are produced under specific standards set for organic farming, which exclude the use of synthetic pesticides, chemical fertilisers, and genetically modified organisms (GMOs). These products are gaining popularity among health-conscious consumers due to their perceived health benefits, such as higher nutritional value and lower levels of toxic residues.
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According to the organic food and beverages market analysis, the rising concern for environmental sustainability is a significant driver of the market. Organic farming practices are known to be more eco-friendly, as they promote soil fertility, reduce pollution, and conserve water and energy. This has led to an increased demand for organic products, as consumers become more conscious of their impact on the planet.
The growing trend of clean eating and the preference for natural and unprocessed foods are further fuelling the organic food and beverages market growth. Consumers are increasingly seeking out organic options in their pursuit of a healthier lifestyle, leading to a surge in demand for organic fruits, vegetables, grains, and dairy products.
The expansion of the market is also supported by the increasing availability and accessibility of these products. Supermarkets, specialty stores, and online retailers are expanding their organic offerings, making it easier for consumers to incorporate organic products into their daily lives.
The segment of the market that consists of fruits and vegetables holds a significant portion. This is because organic fruits and vegetables provide enhanced vitamins, minerals, and quality, which contribute to the overall health of consumers. Moreover, organic farming practices for fruits and vegetables promote ecological balance and uphold biodiversity standards. As a result, the increasing adoption of sustainable farming methods over conventional ones is boosting the supply chain of organic fruits and vegetables, thereby driving the organic food and beverages market demand.
Moreover, government initiatives and support for organic farming are contributing to the market's growth. Many countries are implementing policies and providing subsidies to encourage organic agriculture, leading to the organic food and beverages market expansion.
Market Segmentation
The market can be divided based on the 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
Specialty Stores
Convenience Stores
Online Sales Channel
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/organic-food-and-beverages-market
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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