New study reports ” Organic Food and Drink Market 2021, Global Key Players Analysis, Share, Trends, Business Updates, Future Opportunities Forecast at 2030″ has been added. The global organic food and beverage market revenue was US $ 165.52 billion in 2020 and is expected to grow at a CAGR of 17.05% during the forecast period 2021 to 2030. On Time current, the market is strengthening its presence and some of the major players in the study are Amy’s Kitchen, Inc., Cargill, Incorporated, ConAgra Brand, Inc., Dole Food Company Inc., SpartanNash Company, The JM Smucker Company, The Kraft Heinz Company, The Kroger Co, United Natural Foods, Inc, Whole Foods Market IP. LP, Whitewave Food Company, Dole Food Company, The Hain Celestial Group, Inc. and General Mills Inc, among others. The study is a perfect blend of qualitative and quantitative market data collected and validated primarily through primary data and secondary sources.
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Highlights of the report
- Motors and brakes on the market
- Main market trends
- The challenges of market growth
- Major market players
- CAGR values for forecast period and historical years
The Organic Food and Beverage report highlights the fluctuations in the value of CAGR during the forecast period 2021-2030 for the market. To put the market is clearly the focus of customers’ concerns, the most recent market information and analysis is provided through this Organic Food and Drink report. The market research data included in this report is analyzed and forecast using statistical and consistent market models. The general market drivers analyzed in this report are consumer demand, government policy, and the demand that drives consumers to purchase products, which leads to the growth and development of the market. SWOT analysis is done in generating this Organic Food and Drink market report along with many other standard research, analysis, and data collection steps. We can help you show where and how you gain market share against your competition, expand into new geographies, and soar to the top.
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Organically produced foods and beverages meet human nutritional needs. Organic food and drink are products obtained from plants and animals from organic farming. Organic products are free from genetically modified organisms (GMOs) and considered environmentally friendly. Organic food products are grown without fertilizers, pesticides and other synthetic chemicals, while organic animals are raised without injecting antibiotics. The growing demand from the consumer side due to the various health benefits offered by organic products has opened up a wide range of opportunities for organic food manufacturers.
Organic foods and drinks that were previously sold in a limited number of retail stores are now prevalent in various retail outlets, supermarkets and online platforms. The organic food and beverage market is driven by factors such as growing health awareness, increasing government support to promote organic farming, increasing disposable income, and increasing farming practices biological. As the Organic Agriculture Research Institute (FiBL) reports, there are nearly 3 million organic growers around the world with India being home to almost 30% of total growers.
Organic food and drinks are sold both online and in conventional retail stores. According to the 2018 Organic Trade Association (OTA) survey, more than 90% of sales are made through supermarkets and conventional and natural food chains. The direct marketing of organic products is still predominant in emerging countries while in-store sales are exploding in developed countries. However, the recent increase in online sales of organic food and drink is expected to further boost the organic food and drink market.
The launch of new products and innovations in existing products are the key for major players to remain competitive in the organic food and drink market. In an effort to target a broader customer base, US-based food company Horizon Organic introduced high-protein milk that has helped the company effectively challenge Coca-Cola’s “Fairlife” milk brand. . Organic milk, with such a high protein content, was not available in the US market, and Horizon Organic took advantage of this opportunity by introducing completely new variants of milk.
Fruits and vegetables dominated the global organic food and drink market in 2020 and this trend is expected to continue during the forecast period. Recent trends indicate that meats and poultry as well as organic beer and wine products are showing significant growth. Organic winemaking practices are widely adopted in the Americas. Supermarkets and convenience stores carry certified organic wines across Brazil, while demand for organic wine has also increased rapidly in Mexico. Organic pet foods are also showing promising growth in developing regions. According to the American Pet Products Association, more than 73% of millennials own a pet in the United States. These millennials are concerned about the safety of their pets, which in turn is driving demand for organic pet food in the region. A similar trend is observed globally, in different regions and countries.
Developed regions have seen a rapid increase in the consumption of organic food and drink. North America and Europe are the main regions in terms of consumption of organic food and drink. According to the 2018 Organic Agriculture Research Institute, the United States alone accounts for a substantial share of global sales in the global organic food and drink market. The high consumption in developing regions has been complemented by various driving factors such as growing awareness of the harmful effects of inorganic foods and drinks, changing dietary habits aimed at improving overall health, and increasing spending on health. health. Asia-Pacific and Latin America are expected to experience significant growth during the forecast period. Factors such as the standardization of organic agriculture and the increasing number of varieties of consumer food and drink will contribute to the growth of the organic food and drink market in the coming years.
Global Organic Food and Drink Market
Organic Food and Drink Market: By Product Type
- Non alcoholic
Organic food and drink market: by distribution channel
Organic Food and Drink Market: By Application
Organic food and drink market: by geography
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
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