Press release
Organic Food & Beverages Global Market to Experience an Impressive Growth By 2022
Market Overview:Organic food & beverages include products which are produced organically without the use of any synthetic chemicals, additives, coloring agents, genetic manipulation or radiation. The manufacturers use only natural ingredients which are ecofriendly as well as animal friendly producing organic food products which are healthier than the conventional food. Over the past few years, increasing use of chemical preservatives and fertilizers in production of conventional food has become the serious issue across the globe. This has led to the adoption of organic farming which is based on use of natural products instead of the artificial pesticides and fertilizer in order to maintain the health of soil and ecosystem.
In recent years, the world has observed an increasing awareness of health and environmental issues. Sustainability has turned out to be one of the significant factors for conversing economic development particularly for the developing economies. Increasing health consciousness among people in the industrialized countries of Western Europe, North America, Japan and Australia.
Also, mounting consumer awareness regarding of inorganic food on human health has enforced the consumer to adopt organic food & beverages product instead of the inorganic food. Organic food & beverages industry is witnessing a substantial growth both in developed and developing economies due to the rising consumer awareness towards the organic food & beverages products, increasing incidence of diseases and changing dietary patterns. With growing disposable income and changing spending habits consumers are willing to pay extra amount of money to buy healthy food products.
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Major Key Players:
The Major Key Players in Organic Food & Beverages Market are
• SpartanNash Company (U.S.)
• Kraft Foods Group Inc. (U.S.)
• The Kroger Co. (U.S.)
• Whole Foods Market, Inc. (U.S.)
• Amys Kitchen Inc. (U.S.)
• Dean Food Company (U.S.)
• General Mills Inc. (U.S.)
• Hain Celestial Group, Inc. (U.S.)
Global Organic Food & Beverages Market is highly concentrated in North America. APAC has huge potential for organic food & beverages, as there is rising in disposal income, increased in demand for processed food and convenience food.
Regional Analysis
Organic food & beverages market is segmented into Asia Pacific, North America, Europe, and rest of the world (ROW). Among these North America region is expected to account major market proportion throughout the forecast period. The market is projected to grow at a steady pace during the forecast period. Asia-pacific region is anticipated to be the fastest growing region in the Organic food & beverages market and high growth in emerging economies such as China, India, Japan and ASEAN countries. Europe also offers ample opportunities for expansion to major players. The high consumption of convenience food products in Europe is also expected to position it as an attractive region among the organic food & beverages manufacturers.
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List of Tables:
Table 1 Pestle Analysis - U.S.
Table 2 Pestle Analysis- Ireland
Table 3 Pestle Analysis- china
Table 4 Pestle Analysis- Japan
Table 5 Pestle Analysis- Germany
Table 6 Key Suppliers of Raw Materials for Organic Food & Beverages
Table 7 Global Organic Food & Beverages Market, BY Product Type, (2016–2022), USD MILLION
Continued…..
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