Organic Food and Beverages Market

Organic Food And Beverages Market Size, Share, Growth Analysis, By Product Types(Organic Foods, Vegetables, Organic Meat, Fish), By Processing(Processed, Unprocessed, Frozen food), By Distribution Channel(Supermarket, Hypermarket, Specialty Stores, Convenience Stores) - Industry Forecast 2024-2031


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

Organic Food And Beverages Market Insights

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).

From the last few years, the global market is witnessing a strong growth in the popularity of organic food and beverages thanks to growing environmental concerns regarding the use of harmful chemical chemicals in agricultural produce and their negative impacts on the consumers’ health. This is further supported by increasing prevalence of various chronic diseases such as cancer, diabetes, and cardiovascular illnesses, rising burden of infectious diseases, growing healthcare expenditure, and increasing awareness among consumers. As a result, the global organic food and beverage market has started witnessing strong growth coming from the consumer that are aware of what they consume and their impact on health. This led them to check for proper certification by government organizations for the used ingredients and sources they derived from. As per our findings, organic tea and coffee is accounting for 22.5% of the total market share.

Covid Impact on the Organic Food and Beverage Market

The COVID-19 pandemic has substantially boosted the growth of organic food and beverages market. According to the Organic Trade Association, the US witnessed an all-time high sale of organic food and non-food items in 2019–2021. The organic sales in the US were recorded at USD 61,900 million in 2019–2021. Organic food witnessed an increase of 13% and the revenue from sales reached USD 56,500 million in 2019–2021. This is supported by growth in health-fitness trend and the rise in the attention of consumers in the direction of healthy meal consumption during the pandemic to improve their immunity response and gut health.

US Organic Food And Beverages Market is poised to grow at a sustainable CAGR for the next forcast year.

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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 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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Organic Food and Beverages Market

Product ID: SQSG30C2005

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