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Analyses of market trends, and projections of compound annual growth rates in Asia-Pacific Organic Beverage Market
“Asia-Pacific Organic Beverage Market " research report published by Market Data Forecast estimates that the market is growing with a CAGR of 14.94% to reach USD 29.91 billion by 2021, from USD 14.91 billion in 2016, which amounts to a cumulative growth of USD 15 billion.Organic Beverages are recognised as beverage, which do not contain synthetic pesticides, artificial flavours, colours, preservatives, growth hormones, and are not altered using genetic engineering techniques. Some of the most normally found Organic Beverages are Non-Dairy Beverage, Coffee and Tea, Alcoholic Beverage, Soda and Soft Drinks, among others.
Organic tea and coffee and fruit juice dominates Asia-Pacific Organic Beverage segment. Asia-Pacific is one of emerging market for Organic Beverage industry as demand for the organic products accelerated in recent years. There has been increase in both consumption and production in this region.
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The report also presents detailed analysis of multitude of factors affecting Asia-Pacific Organic Beverage Market bearing either positive or negative outcomes. Some of those factors are
• Growing consumer’s adoption towards healthy eating products
• Rising awareness about the product
• Modernising retail industry (supermarkets)
• Increase in purchasing power
• Shorter shelf life of products
• premium pricing of products limiting widespread customer acceptance
• Limited options to choose from and limited organic farming.
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For granular level understanding, the Asia-Pacific Organic Beverage Market is segmented based on flavor, flavour type, and application each being provided with Market Size Estimations and Y-o-Y Forecasts. The market for Organic Beverage, on the basis of Type, is classified into Non-Dairy Beverage (Rice, Oats, and Soy), Coffee and Tea, Alcoholic Beverage (Beer and Wine), Soda and Soft Drinks, and other beverages. On the basis of Channel, the Asia-Pacific Organic Beverage is segmented into Supermarket/Hypermarket, Pharmacies, Online Retailers, and Specialized Stores.
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The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. This region offers significant opportunities for the Organic Beverage segment, with China and India being the most populous countries in this region contributing to the increasing demand.
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The major companies dominating the Asia-Pacific Organic Beverage market are PepsiCo (USA), Coca-Cola (USA), Nestle (Switzerland), Starbucks (USA), Hain Celestial Group (USA), Danone (France), Tetley (UK), Organic Origins (Australia), Parmalat Australia Pty Ltd. (Australia), Vitale Beverages (USA).
Food service is major area of growth for organic. In 2014, United Natural Foods, Inc., the leading national distributor of natural, organic and specialty foods, posted a nearly 25% increase in its food service division. A second major factor behind growth in the organic market place is vegetable magnetism. In 2015, study from King Retail Solutions found that 51% of consumers had a shopping app on their mobile device, with women for its vegetable department.
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The Asia-Pacific Organic Beverage Market report offers wide-range of scope:
• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
• Know more about key areas of industry growth via detailed Segment-level analysis on basis of flavour, flavour type, and application with market size forecasts and y-o-y estimations
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
For more reports related to the Asia-Pacific Organic Beverage Market:
Asia-Pacific Food Safety Testing Market: http://www.marketdataforecast.com/market-reports/asia-pacific-food-safety-testing-market-760/
Asia-Pacific Fruit Concentrate Market: http://www.marketdataforecast.com/market-reports/asia-pacific-fruit-concentrate-market-471/
Asia-Pacific Frozen Fruits Market: http://www.marketdataforecast.com/market-reports/asia-pacific-frozen-fruits-market-1066/
Asia-Pacific Food Additives Market: http://www.marketdataforecast.com/market-reports/asia-pacific-food-additives-market-1520/
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Abhishek Shukla
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Market Data Forecast
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About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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