Organic Food & Organic Beverages Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025
Global Organic Food and Beverages Market: Overview
Organic foods are grown without the use of synthetic additives, chemicals, genetic manipulation, and coloring agents, and need to satisfy the criteria set by the USDA National Organic Program. Organic foods and beverages are in high demand as they are healthy alternative to their traditional counterparts. As the world becomes more aware about the goodness of everything natural and products free from chemicals, the demand for organic food and beverages is growing at a fast pace. Some of the other factors boosting the market include growing health hazards due to inorganic food products, high income level, and improvement in organic farming practices.
Global Organic Food and Beverages Market: Key Trends
Incidences such as the mad cow scandal in the U.S., Canada, and other countries have resulted in the questioning of using genetically modified foods. Such incidences also bring to light, the abuse of chemical fertilizers, pesticides, and insecticides in traditional farming practices. The result is a society that is more aware and concerned about such unhealthy food products and therefore seeking organic food and beverages. Although, expensive than non-organic products, organic food and beverages are increasingly being purchased and it has become a lifestyle for many upper middle class people in the world.
Retailers of organic food and beverages are recognizing the need to educate young families so as to ensure a long-term loyalty and this is expected to boost the global organic food and beverages market in the long run. Hotels and restaurants are also capitalizing on this trend and serving organic food and beverages to customers, further boosting the market. Manufacturers are attempting to develop products in an organic way and obtaining organic certification, thus attracting customers and furthering the growth of the industry.
Organic Food and Beverages Market: Market Potential
The success in the retail organic sector that offer organic food and beverages is creating huge opportunities for manufacturers to increase their sales. Many food and beverage companies are associating with organic food and beverage companies so as to enhance their brand equity and be linked to healthy platforms. Big names such as General Mills for instance, have purchased Small Planet Foods, which is a U.S. based company that grows, markets, and distributes organic food products. Coca-Cola acquired Odwalla, which is another American company that sells organic fruit juices, smoothies, and bars.
Organic Food and Beverages Market: Regional Outlook
The key markets for organic foods and beverages have been Europe and North America traditionally, but today, countries across the globe are proving to be lucrative markets for these products. There is high demand for organic food and beverages in countries such as India, Argentina, China, Brazil, and Mexico, and thus, manufacturers are forced to expand their manufacturing base to these countries. This in turn is ensuring a steady development of the market. Of regions such as North America, Europe, Asia Pacific, and the Rest of the World, Asia Pacific is anticipated to hold promising growth opportunities in the organic food and beverages market. The region’s expected success in the market can be attributed to growing awareness and affinity for organic ingredients. The market in the Rest of the World is also expected to flourish in the coming years.
Organic Food and Beverages Market: Competitive Landscape
The global food and beverages market is fragmented with players such as Kraft Foods Group Inc., Groupe Danone SA, Starbucks, Whole Foods Market, Dean Foods Co., 365 Everyday Value/Whole Foods, Eden Foods, The Hain Celestial Group, Inc., Kellogg Company, Organic Valley, and Amy's Kitchen Inc.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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