Global Organic Food and Beverages Market Opportunities and Forecasts, 2014 – 2022
Organic Food and Beverages Market by Organic Foods (Organic Foods and Vegetables, Organic Meat, Fish and Poultry, Organic Dairy Products, Organic Frozen and Processed Foods), and Organic Beverages (Organic Non Dairy Beverages, Organic Coffee and Tea, Organic Beer and Wine)
Introduction Organic foods and beverages are manufactured from products those are grown using organic farming techniques. The organic food and beverages market forecast estimated notable growth in the near future, due to the unique advantages of the organic food and beverages such as chemical and pesticide-free, eco-friendly, and very healthier compared to other batteries.
Current and Future Market Scenario •
The Organic Food and Beverages Market has witnessed moderate growth during the past few years and is expected to grow at a CAGR of 16.4% during the forecast period.
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In 2015, the organic beverages segment occupied a dominant share, accounting for about three-fifths of the market.
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Global Organic Food and Beverages Market is expected to garner $327,600 million by 2022.
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The organic coffee and tea sub segments contributed nearly one-third share of the organic beverages market.
Factors Contributing to Market Growth •
Organic Food and Beverages Market is poised to witness significant growth during the forecast period, owing to increase in income levels, rise in awareness regarding advantages of organic products, and advancements in organic farming techniques.
Other factors that contribute to market growth are: •
Improved distribution channels and eco-friendly farming techniques
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Rising awareness regarding advantages of organic food
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Increasing income levels and standard of living
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Establishment of exclusive diet centres
TOP INVESTMENT POCKETS •
Increase in adoption of organic groceries and also the organic baby foods made the other organic
foods segment as one of the lucrative targets for investment. Other emerging segments such as organic non-dairy products, organic dairy products, and organic meat fish & poultry products with appreciable growth, also offer huge opportunities for the investments.
Market Segments BY PRODUCT TYPE
Organic Foods
Organic fruits and vegetables Organic meat, fish & poultry Organic dairy products Organic frozen and processed foods
Organic Beverages
Organic non-dairy beverages Organic coffee and tea Organic beer and wine
BY GEOGRAPHY
North America Europe
Asia-Pacific LAMEA
Region Overview • Geographically, the Organic Food and Beverages Market is segmented across North America, Europe, Asia-Pacific, and LAMEA. • North America and Europe jointly contributed for more than four-fifths share of the global market. • The Asia-Pacific region is projected to grow at the highest CAGR of 23% by 2022. • The organic dairy products market has the highest potential for growth in European countries
ASIA-PACIFIC ORGANIC DAIRY PRODUCTS MARKET Asia-Pacific holds fastest market growth estimated at CAGR 22.9% for the forecast period, though largest market share is controlled by North America and is expected to continue the market dominance through 2022. Asia-Pacific organic dairy products market is estimated to rise with a prolific CAGR of 16.3% for the forecast period.
Leading Players • The leading players profiled in the report include WhiteWave Foods Co., Hain celestial Group, Inc., General Mills Inc. United Natural Foods, Inc., SpartanNash Company, Amy's Kitchen, Inc., Dean Foods Company, Starbucks Corporation, The Kroger Co., and Whole Foods Market Inc.
• Albertsons Companies, Inc., Cargill, Inc., Kraft Heinz Co., Danone SA, Kellogg Co.,
ConAgra Brand, Inc., Kerry Group Plc, The J. M. Smucker Co., Dole Food Company, Inc., and Organic Valley Cropp Cooperative are key players in this industry.
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