Global Organic Food And Beverages Market Size, Share, Growth Analysis, By Product Types(Organic Foods, Vegetables), By Processing(Processed, Unprocessed), By Distribution Channel(Supermarket, Hypermarket) - Industry Forecast 2024-2031

Report ID: SQSG30C2005 | Region: Global | Published Date: February, 2024
Pages: 230 | Tables: 102 | Figures: 76

Global Organic Food And Beverages Market Dynamics

Organic Food And Beverages Market Driver

Organic food and beverages are free of chemicals and rich in nutrients such as vitamins, and minerals. Also, most of the consumer prefer the product because they are preservatives free and are produced using natural methods. Organic products that are animal-based such as meat, and chicken is also GMO-free and antibiotics-free.
Growing support of governments in India and the other Asian countries for zero budget farming is projected to drive the global food and beverage market growth. This is also projected to reduce the consumption of pesticides and inorganic fertilizers used for farming.
In Europe, the organic agricultural land grew by nearly 1.25 million hectares. The agricultural land growth in the Asian Pacific region is nearly 8.9%, an additional 0.54 million hectares in 2021; in Africa, the region grew by 0.2%; in Latin America, the region grew by 0.2%, in North America by over 3.5% additional hectares. Currently, North America and Europe are the most important organic food and beverages market.

Organic Food And Beverages Market Restraint

Lack of awareness about bio-fertilizers and bio-pesticides.
High input cost and low yield is one of the key factors hampering the growth of organic food and beverage market.

Global Organic Food And Beverages Market Report Snapshots

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Global Organic Food And Beverages Market size was valued at USD 188.35 billion in 2019 and is poised to grow from USD 208.18 billion in 2023 to USD 564.22 billion by 2031, growing at a CAGR of 13% in the forecast period (2024-2031).

The global organic food and beverage market is fairly concentrated, with a few big and medium-sized participants accounting for a large portion of the organic food and beverages market revenue. Most of the major players are implementing numerous tactics, including mergers and acquisitions, strategic agreements and contracts, and the development and testing of organic food and beverage platforms. 'The Hain Celestial Group', 'General Mills Inc.', 'WhiteWave Foods Co.', 'United Natural Foods Inc.', 'Whole Foods Market Inc.', 'Organic Valley Cropp Cooperative', 'Nature's Path Foods Inc.', 'Clif Bar & Company', 'Amy's Kitchen Inc.', 'Danone SA', 'Nestle SA', 'Kraft Heinz Co.', 'Campbell Soup Co.', 'Dean Foods Co.', 'PepsiCo Inc.', 'Coca-Cola Co.', 'Kellogg Co.', 'Mondelez International Inc.', 'Unilever NV', 'Mars Inc.'

Organic food and beverages are free of chemicals and rich in nutrients such as vitamins, and minerals. Also, most of the consumer prefer the product because they are preservatives free and are produced using natural methods. Organic products that are animal-based such as meat, and chicken is also GMO-free and antibiotics-free.

Organic product sales doubled in 2021. The last time U.S. organic product market grew at double-digit was in 2015. In 2021, the organic food category accounted for 6% of all the food sold in the US. Wherein, Americans bought fresh produce such as organic fruit and vegetable sales predominantly, which was 11% higher than last year.

Asia-Pacific organic food and beverage market is projected to grow at the fastest CAGR of 16.4% in the years to come. The region is quickly becoming the hub for the organic food and beverage market. This is due to a number of reasons, including increasing consumer awareness of the health benefits of organic foods, changing dietary trends, and increased economic opportunities in this region. Asian countries have been leading the way in adopting organic food policies, and this trend is likely to continue. In fact, China and India have also started witnessing strong demand and production of organic food and beverages.

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Global Organic Food And Beverages Market Size, Share, Growth Analysis, By Product Types(Organic Foods, Vegetables), By Processing(Processed, Unprocessed), By Distribution Channel(Supermarket, Hypermarket) - Industry Forecast 2024-2031

Global Organic Food And Beverages Market Dynamics

Global Organic Food And Beverages Market Report Snapshots

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