Global Organic Foods and Beverages Market: Industry Analysis and Forecast (2020-2026)


Posted July 15, 2021 by rahulmmr

Global Organic Foods and Beverages Market size was valued at US$ 220.00 Billion in 2019 and the total revenue is expected to grow at 16% through 2020 to 2026, reaching nearly US$ 620.00 Billion.

 
Global Organic Foods and Beverages Market size was valued at US$ 220.00 Billion in 2019 and the total revenue is expected to grow at 16% through 2020 to 2026, reaching nearly US$ 620.00 Billion.

The Global Organic Foods and Beverages Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Organic Foods and Beverages report also provides trends by market segments, technology, and investment with a competitive landscape.

Global Organic Foods and Beverages Market

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Global Organic Foods and Beverages Market Overview:

The global organic foods and beverages market is expected to grow at a CAGR of 16% during the forecast period. The market size of the global organic foods and beverages market was valued at USD 220.00 Bn. in 2019 and it is expected to reach USD 620.00 Bn. by 2026.

Organic food and beverages consist of natural and organic ingredients and manufacturing from products, that are grown using organic farming methods. Organic foods and beverages involve fresh foods, meat, dairy products such as milk, cheese, yogurt, ice cream processed foods such as crackers, drinks, frozen meals, non-dairy foods such as soybean, soy cheeses, nuts, butter.

In COVID-19 the organic food and beverages market is growing due to consumer’s wants health benefits product, can rise immunity and give nutrition’s. Organic produce sales was increased by 15% in 2020. Packaged salads, berries (strawberries, blueberries and raspberries), and apples was top three sales and volume category in 2020.

Global Organic Foods and Beverages Market Dynamics:

The Surging Health Concerns and Standard of Living is Driving the Market Growth

Increasing awareness regarding the advantages of the organic food and beverages market leads to enhancing market share growth. The organic food and beverages market improves the standard of living, reducing health issues, enhancing customer’s knowledge of health-conscious customers, saves from side effects from pesticides, chemical fertilizers, and synthetic chemicals, and does not contain genetically modified organisms. So organic food and beverages play important role in health benefits, environment-friendly, and also good for animals. It provides nutritional benefits over a regular diet.
The Organic Food Shelf Life and High Price which Hampers Market Growth

The low shelf-life of the organic food and beverages market as compare to conventional foods. Also, prices of organic foods and beverage markets are higher for consumers. Organic foods & beverages products are expensive than conventional foods due to their more labour-intensive methods, and the decreased reliance on chemicals to prop up crop yields, the cost of certification.

There are lots of investments, innovation, R&D, new product launch activities in the organic food and beverages market is supposed to increase market growth in upcoming years. Product invention will bring new opportunities in the organic food and beverages market and could enhance the demand for products. As more consumers are shifting towards vegan, regular diets, plant-based, helping to enhance the growth of the organic industry.

Global Organic foods & Beverages Market Trends:

Increase in Demand for Clean Label Products

Demand for clean label products is increasing due to consumers are seeking plant-based proteins, vegetarian foods are seen as a cleaner. The features of clean label products are it is totally natural, non-GMO and made with real ingredients, no additives or preservatives. The biggest advantage of a clean label product is consumers can easily read the ingredients and it is organic that does not contain chemicals. Companies should have good packaging design, transparency in food products is important and simple ingredients with functional benefits.

Global Organic Foods and Beverages Market Segment Analysis:

The Global organic foods and beverages market is segmented in main two types and they are by Product and Distribution Channel.

Based on Product Segment, the global organic food and beverages market is sub-segmented into two types, Organic food segment, and organic beverage segment. The Organic food segment is bifurcated into organic fruits and vegetables, meat, fish & poultry, organic dairy products, organic frozen & processed foods. The organic beverages segment is further divided into organic non-dairy products, organic coffee & tea, organic beer & wine.

Global Organic Foods and Beverages Market 1

Organic fruits and vegetables were the leading segment in the organic food segment and held the highest market share of 40% in 2020. The growth of the fruits and vegetable segment is going high because of increasing consumer awareness, consumers want to consume only those products which are related to organic farming techniques. Consumers are more aware regarding organic foods than conventional foods. The fruits and vegetables segment was the leading in food and product segment and estimated to generate USD 110 Bn. Revenue by 2025. Europe and North America are the largest consumers of the organic food market. The organic fruit and vegetable segments provide health safety nutrients. Organic foods help to reduce chemicals and pollution of soil.

Non-dairy products such as soy milk, almond milk, coconut milk were dominated the organic beverage segment because the consumer wants to take natural or organic drinks which are good for health benefits. Owing to consuming much tea and coffee is projected to growing at a CAGR of 5.0% during the forecast period. The beverage market is projected to increase USD XX billion by 2025 and is anticipated to grow at a CAGR of XX% in the next few years.

Based on Distribution Channel, the global organic food & beverages market is segmented into four types they are, supermarket/hypermarket, convenience store, specialist store, internet retailing. Supermarket and Hypermarket was leading segment and held the highest market share of 40% in 2020. Increasing numbers of hypermarkets and supermarkets and provides a wide range of products in an attractive way caused the highest section of organic food and beverage. However, The Internet retailing segment is expected to grow a higher CAGR XX% over the forecast period due to easy access to the market, discounts, and customer intelligence.

Global Organic Foods and Beverages Market Regional Insights:

North America dominates the highest market share of organic food and beverage market owing to the growing consumer resistance to genetically modified and chemically grown crops in the region, consumer perception towards healthy eating and rising demand for nutritional-rich diet. However, the Asia Pacific region is projected to grow faster during the forecast period and account for over 14% of global revenue by 2025. Asia-Pacific organic dairy products market is expected to grow with a CAGR of 15.0% for the forecast period. Asia Pacific region is expected to fastest growing due to rising farm industry and also a growing demand for organic food and beverage, changing lifestyle of consumers, rising awareness regarding health benefits products.

Global Organic Foods and Beverages Market 2

The objective of the report is to present a comprehensive analysis of the Global Organic Foods and Beverages Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Organic Foods and Beverages Market dynamics, structure by analyzing the market segments and project the Global Organic Foods and Beverages Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Organic Foods and Beverages Market make the report investor’s guide.

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Global Organic Foods and Beverages Market 3

Global Organic Foods and Beverages Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

Global Organic Foods and Beverages Market Key Players

• Amy’s Kitchen, Inc.
• Cargill, Inc.
• Everest Organics Limited
• General Mills, Inc.
• Organic Valley Family of Farms
• United Natural Foods
• Whitewave Foods
• Whole Foods Market IP
• The Hain Celestial Group
• Albertsons Companies
• Arla Foods
• Belvoir Fruit Farms Ltd.
• Danone S.A
• Dole Food Company
• ConAgra Brand, Inc.
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Issued By rahul
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Country India
Categories Business
Tags organic foods and beverages market
Last Updated July 15, 2021