Global Organic Food and Drink Industry Expected to Grow with a CAGR of 14.36% from 2020 to 2027

Globally, the word “organic” has sounded in many conversations around food. Organic farming facilitates the production of high quality, certified, controlled and safe food. Hence, it offers high economic and environmental benefits and preserves a healthy ecosystem. Therefore, “organic food and drink” consists of natural, healthy fertilizers that are free from chemical fertilizers and pesticides. According to Renub Research’s analysis, the global organic food and drink market is expected to reach $ 519 billion by 2027.

In addition, consumer interest in organic agricultural production has grown at an unprecedented rate in recent years. The growing awareness among people regarding the side effects of artificial compounds in food production has promoted the growth of organic foods in recent years. Millennials are the fastest growing consumer demographic who want the best food for themselves and their families. So when it comes to nutrition and drinks, organic products are at the top of their grocery lists around the world.

Global Organic Food and Drink Industry Expected to Grow with a CAGR of 14.36% from 2020 to 2027

By Organic Food, the global organic food and drink market is segmented into fruits and vegetables, meat, fish and poultry, dairy, frozen and processed foods, and others. Organic fruits and vegetables are the best known to consumers. According to our analysis, the demand for organic fruits and vegetables is expected to continue until the forecast year 2027. The rich nutritional value of organic fruits and vegetables is the main reason for increasing demand in the domestic and global market. . In addition, studies by the FSSAI have shown that in testing, organic fruits and vegetables have been shown to be better.

Request a free copy of the report: https://www.renub.com/request-sample-page.php?gturl=organic-food-and-beverage-market-p.php

In addition, the organic beverage market is separated into non-dairy, coffee and tea, beer and wine, and other organic beverage products. The non-dairy sector has experienced the fastest growing of all, and its market will also grow during the forecast year. The evolution of consumers towards vegan culture and the presence of low fat content in non-dairy products are growth factors in this market. And due to improving economic conditions in emerging economies, there is a growth in the consumption of organic tea and coffee around the world.

Organic Food Coronavirus Boost:

COVID-19 has transformed all aspects of our way of life. Recently, the pandemic has created challenges, restructured social perspectives and updated definitions of common concepts and maxims. For example, the words “clean” and “organic” have a new relevance to people in a post-COVID-19 situation. The latest measures are to encourage immune systems and equip bodies for any potential contact with the coronavirus. It has radically reshaped the heart of the food and beverage industries, individually healthy and organic foods. Remarkably, the consumption of organic food products increased in March, April and May 2020 as consumers adopted a deep understanding that organic food offers substantial health benefits.

The online channel acted as a catalyst for the organic food and drink industry

By Distribution Channel Market, the market is articulated around Food and Services, Special Store, Online, Others. There is an increase in retail stores such as supermarkets / hypermarkets, which present a wide range of organic items from different segments to consumers. On the contrary, the online growth channel has acted as a catalyst for the industry to reach consumers. Aggregates only show an upward trend since 2016. In addition, online sales channel platforms have acted as facilitators to reach potential customers around the world.

The global organic food and drink market size was US $ 232 billion in 2021

Organic is the fastest growing sector in the European food industry. Organic food sales are growing rapidly, far exceeding the growth rate of the region’s overall food market. Moreover, according to our analysis, the North America region market is expected to have increasing demand for organic food among the population. The presence of numerous retail stores such as Walmart, Costco and many others is expected to create more growth opportunities for investors in the regional market within the estimated time frame. The Asia-Pacific region market occupied by several organic food manufacturers is expected to create more growth opportunities for investors within the estimated time frame.

Additionally, authorities such as the United States Food and Drug Administration (FDA) and the European Food Safety Authority (EFSA) regulate the organic food market to maintain a high quality food product. For example, EFSA monitors whether labeling is used to mislead consumers about nutrient ratios in the EU. EFSA carries out occasional checks on the nutritional value to check whether correct labeling has been used or not. Additionally, regulatory authorities have developed strict food labeling regulations to maintain transparency and efficiency in the organic food industry.

The major market players studied in the report are General Mills, ConAgra Brand, Hain Celestial Group, Cargill Inc. In addition, private label organic drink brands have also gained prominence in the world. For example, Kroger’s Simple Truth, Supervalu’s Wild Harvest, and Aldi’s Simply Nature are the few well-known successful brands that grocers have introduced on their own.

Latest Renub Research report “Global organic food and drink market by organic food (fruits and vegetables, meat, fish and poultry, dairy products, frozen and processed foods, others) Organic drinks (non-dairy, coffee and tea, beer and wine , others)) Distribution channel (food and services, special store, online, others) Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) Company (General Mills, Congra Brand, Hain Celestial Group, Cargill Inc) ”provides full details on organic food and drink around the world.

Follow the link for the full report with detailed table of contents and list of figures and tables: https://www.renub.com/organic-food-and-beverage-market-p.php

Organic food – Market split from 5 points of view

1. Fruits & Vegetables
2. Meat, fish and poultry
3. Dairy products
4. Frozen and processed foods
5. Others

Organic drinks – Market breakdown according to 4 points of view

1. Non-dairy
2. Coffee and tea
3. Beer and wine
4. Others

Channel-Market Distribution Distribution of 4 Retail points of view

1. Food and services
2. Special store
3. Online
4. Others

Region -Distribution of the market from 5 points of view

1. North America
2. Europe
3. Asia-Pacific
4. Middle East Africa
5. South America

All companies have been covered from 3 points of view

• Insights
• Recent DEVELOPMENTS
• Income

Society

1. General Mills
2. ConAgra brand
3. Hain Celestial Group, Inc.
4. Cargill, Inc.

Industry related reports:

Potato chips market: https://www.renub.com/potato-chips-market-p.php

Global Pepperoni Market: https://www.renub.com/global-pepperoni-market-p.php

Milk chocolate market: https://www.renub.com/milk-chocolate-market-p.php

Fast food market: https://www.renub.com/fast-food-market-p.php

Breakfast Cereal Market: https://www.renub.com/breakfast-cereals-market-p.php

Dairy Blends Market: https://www.renub.com/dairy-blends-market-p.php

Organic Baby Food Market: https://www.renub.com/organic-baby-food-market-p.php

About the company:

Renub Research is a market research and consulting company. We have over 10 years of experience, particularly in international business-to-business research, surveys and advice. We offer a wide range of business research solutions that help businesses make better business decisions. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses. Our large customer base includes major players in the fields of health, travel and tourism, food and beverage, electricity and energy, information technology, telecommunications and telecommunications. ‘Internet, chemicals, logistics and automotive, consumer and retail goods, building and construction and agriculture. Our core team is made up of experienced people with diploma, postgraduate and doctorate degrees. degrees in finance, marketing, human resources, biotechnology, medicine, information technology, environmental sciences and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers and acquisitions, etc. We support many leading companies by providing them with insight and insight across a wide range of markets. Our research reports offer a blend of essential information, analysis and forecasting in today’s ultra-competitive markets.

Contact us:
Renub search
Phone number: +1 678-302-0700 (US) | + 91-120-421-9822 (IND)
Email: [email protected]
The Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Roswell, Georgia 30076

The market size for organic food and drink was US $ 232 billion in 2021. Industry trends by organic food, drink, impact of COVID-19, company analysis, global forecast 2021-2027.

This version was posted on openPR.


Source link