Global Organic Foods and Beverages Market to Propel at 12.7% CAGR, which is anticipated to reach USD 794.73 billion by 2030
Fatpos Global has released a report titled “Organic Foods and Beverages Market – Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030” which is anticipated to reach USD 794.73 billion by 2030. According to a study by Fatpos Global, the market is anticipated to portray a CAGR of 12.7% between 2020 and 2030. According to the report, rising income levels, rising living standards, rising environmental issues, and rising health hazard diseases due to inorganic foods are all driving factors that are influencing the market growth. Rise in awareness regarding the benefits of organic food and beverages industry intake is anticipated to fuel the market growth in the near future.
The market report on global Organic Foods and Beverages Market includes in-depth insights as:
- The estimated value of the market was USD 264.95 billion in the year 2020.
- Global Organic Foods and Beverages in Asia Pacific held the largest market share in the year 2020.
- Global Organic Foods and Beverages market is segmented by type into organic foods and organic beverages
- Key players are likely to focus on product innovations and expansion through mergers to retain their positions in developed markets.
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“The organic food market is being driven by rising health issues as a result of an increase in the number of chemical poisoning cases around the world. Consumers are becoming more health-conscious as a result of the negative consequences of chemical pesticides in food. The organic food industry is concentrating on the launch of new product types and varieties. Ready-to-eat sweets, cookies, organic tea, pulses, spices, edible flowers, frozen waffles, medicinal plants, herbs, and organic juices are among the modern and groundbreaking organic food items being developed by organic food manufacturers”, said a lead analyst at Fatpos Global.
Natural foods and drinks are made from ingredients that have been grown using organic farming methods. Due to the unique advantages of organic food and beverages, such as chemical and pesticide-free, eco-friendly, and much healthier than inorganic food, the organic food and beverages market forecast predicted significant growth in the near future. Increased understanding of the benefits of organic food and beverage consumption is projected to drive market growth in the near future.
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Global Organic Foods and Beverages market is segmented by type into organic foods and organic beverages. The organic food segment is further divided into organic fruits and vegetables, organic meat, fish & poultry, organic dairy products, organic frozen & processed foods, and other organic foods. The organic beverage segment is divided into organic non-dairy beverages, organic coffee & tea, organic beer & wine, and other organic beverages. Organic fruits and vegetable segment held the largest market share in the year 2020. Organic vegetable consumption began in developed regions such as Europe and North America and has since spread to developing nations such as India and China. Organic food is mostly consumed in Europe and North America. The consumption of organic fish, poultry, and meat products, on the other hand, is projected to grow at the fastest rate. Over the forecast era, rising consumer awareness of artificial preservatives and additives is expected to boost product demand.
Global Organic Foods and Beverages Market: Key Players
- Nestle
- Organic Valley
- SunOpta
- Ingredia
- Arla Food
- Fonterra
- HiPP
- OMSCo
- Aurora
- Other Prominent Players
Global Organic Foods and Beverages Market report also contains analysis on:
Organic Foods and Beverages Market Segments:
- By Type
- Organic Food
- Organic fruits and vegetables
- Organic meat
- Fish and poultry
- Organic dairy products
- Organic frozen and processed food
- Other organic foods
- Organic Beverages
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Global Organic Foods and Beverages Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Get Valuable Insights into Global Organic Foods and Beverages Market
In the new report, Fatpos Global thrives to present an unbiased analysis of the global Organic Foods and Beverages Market that covers the historical demand data as well as the forecast figures for the period, i.e., 2021-2030. The study includes compelling insights into growth that is witnessed in the market. Global Organic Foods and Beverages market is segmented by type into organic foods and organic beverages. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa.
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