Market Size of Europe Organic Food & Beverages Industry
Study Period | 2018 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 141.29 Billion |
Market Size (2029) | USD 273.85 Billion |
CAGR (2024 - 2029) | 14.15 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Organic Food & Beverages Market Analysis
The Europe Organic Food & Beverages Market size is estimated at USD 141.29 billion in 2024, and is expected to reach USD 273.85 billion by 2029, growing at a CAGR of 14.15% during the forecast period (2024-2029).
In Europe, the industry is witnessing a demand for cleaner and more minimalistic food products, which is depicted by the rising consumer awareness, as they seek more from products that claim to be 'organic' or 'free from'. Additionally, the government's interventions and regulations to ensure the quality of organic foods have been driving the market. As of 2021, European Union's regulations on organic production and product, labeling ensure that the same high standards are upheld throughout the European Union. The regulations cover farming methods in agriculture and aquaculture, food processing and labeling, farmer certification processes, as well as the import of non-EU organic products.
The rising consumer concerns about the negative health impact of GMOs, preservatives, synthetic additives, etc., are primarily augmenting the demand for organic food and beverages. In line with this, the growing adoption of healthy dietary patterns due to the high prevalence of lactose- and gluten intolerance among the masses is also driving the demand for gluten-free and lactose-free product variants. Moreover, the elevating levels of urbanization coupled with the improving consumer living standards have increased the demand for high-quality, organic food and beverages