|Study Period:||2016 -2027|
|Fastest Growing Market:||Asia Pacific|
|Largest Market:||North America|
Need a report that reflects how COVID-19 has impacted this market and its growth?
The global organic food and beverages market is projected to register a CAGR of 16.52% during the forecast period, 2022 - 2027.
The COVID19 pandemic has significantly affected the organic food and beverages market. Due to this uncertainty, the consumer’s purchase patterns have changed as the consumers became aware of the necessity of a strong immune system; thereby, the consumers have preferred more organic and natural foods. For example, General Mills Inc., one of the major players in this specific industry, has witnessed a growth of 8% in net sales per its annual report of the company. Thus, the pandemic had a positive effect on this market.
Increasing consumer awareness about the health and benefits of organic food products has further stimulated market growth. Moreover, with the growing number of chronic diseases such as cardiac issues, cancer, diabetes, and the rise in healthcare costs, consumers are increasingly focusing on their diet. This is one of the primary reasons driving the organic food and beverages market.
Moreover, the government’s involvement in the organic food and beverages market, where the government has taken various initiatives to differentiate between false and actual labeling, has
attracted consumers to the organic foods and beverages market. Also, the market growth can be attributed to the consumer’s belief that organic food products are safer, more nutritious, and better in taste than conventional food items. Thus, the factor drives the per capita spending in this specific market.
Scope of the Report
The global organic food and beverages market is segmented by product type and distribution channel. On the basis of product type, the market is segmented into organic foods and organic beverages. Organic food is further segmented into organic fruit & vegetables, organic meat, fish & poultry, organic dairy products, organic frozen & processed foods, and others. Similarly, organic beverages are further segmented into fruit and vegetable juices, dairy, coffee, tea, and others. On the basis of the distribution channel, the market is segmented into online retailers and offline retailers. The offline retailer is further segmented into hypermarkets/supermarkets, convenience stores, specialty stores, and others. On the basis of geography, the study analyzes the organic food and beverage market in the emerging and established regions across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The report offers market size and forecasts for the organic food and beverages market in value (USD million) for all the above segments.
|By Product Type|
|By Distribution Channel|
Key Market Trends
Rising Consumer Demand for Organic Food and Beverage
With the changing lifestyle, consumers are more conscious about their health. Therefore, the consumers prefer more organic food and beverages than any other confectionary food; for example, France has witnessed a significant increase in organic food consumers consuming these products with a common motive of health benefits. This is because organic food and beverages provide consumers with good health benefits, as these organic products are preservatives-free and are produced using natural ingredients. Organic animal-based products such as meat and chicken are also GMO-free. Due to the emerging demand for organic food, sales growth is rising concurrently. The need for organic food is increasing thus, as consumers prefer more natural food and beverages instead of chemically preserved foods, which is one of the significant reasons for driving the market growth.
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Asia-Pacific is the Fastest-Growing Market
The Asia Pacific is the fastest-growing market. This is because the major producers of these products are India and China. The consumer's awareness of the health benefits of organic food and beverages and the advancement in biological farming techniques are anticipated to drive the demand for organic food and beverages. According to the National Beauru of Statics of China, the per capita consumption of organic fruits and vegetables was estimated to be 105.4 kilograms, whereas, according to APEDA, in India, the production of fruits and vegetables is 99.07 million metric tons and 191.77 million metric tons respectively. These countries with the highest population also have a significant tendency to produce organic food and beverages because of the rising demands of consumers, which is one of the primary reasons driving the market.
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The organic food and beverage market is highly competitive due to the involvement of many international and domestic players in the industry. The major players in the organic food and beverages market include Amy's Kitchen, The Hain Celestial Group, General Mills, Conagra Brands, and Danone. Moreover, Private-label organic drink brands are also gaining prominence globally. The major focus of the top players in the industry is the acquisition of small players. Some players also focus on product innovation to meet consumer needs and preferences.
Amy's Kitchen, Inc
General Mills Inc.
The Hain Celestial Group
Danone Food company
- In 2021, General Mills Inc. acquired Tyson Foods, an American multinational corporation and the second-largest marketer and processor of chicken, beef, and pork around the globe. According to the company, the strategy behind the acquisition was to reshape the portfolio growth, which will help the company to expand the business.
- In February 2021, Danone acquired Your Heart, a top plant-based pioneer player. The strategy behind the acquisition can be business expansion by introducing different organic products to meet the consumer's demand and maintain dominance over other players in the same segment.
- In April 2020, Amy's Kitchen launched new gluten-free pizzas packed with vegetables. The new Veggie Crust Pizzas feature crusts made from organic cauliflower, sweet potato, and broccoli topped with slow-simmered tomato sauce and mozzarella cheese. The pizzas are available in cheese and spinach varieties.
Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Organic Foods
188.8.131.52 Organic Fruit & Vegetables
184.108.40.206 Organic Meat, Fish & Poultry
220.127.116.11 Organic Dairy Products
18.104.22.168 Organic Frozen & Processed Foods
5.1.2 Organic Beverages
22.214.171.124 Fruit and Vegetable Juices
5.2 By Distribution Channel
126.96.36.199 Convenience Stores
188.8.131.52 Specialty Stores
5.3.1 North America
184.108.40.206 United States
220.127.116.11 Rest of North America
18.104.22.168 United Kingdom
22.214.171.124 Rest of Europe
126.96.36.199 Rest of Asia-Pacific
5.3.4 South America
188.8.131.52 Rest of South America
5.3.5 Middle-East and Africa
184.108.40.206 South Africa
220.127.116.11 Saudi Arabia
18.104.22.168 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Amy's Kitchen, Inc
6.4.2 Belvoir Fruit Farms Ltd
6.4.3 Dean Food Company
6.4.4 Danone - WhiteWave Foods
6.4.5 General Mills Inc.
6.4.6 Organic Valley
6.4.7 United Natural Foods, Inc.
6.4.8 Horizon Organic
6.4.9 The Hain Celestial Group Inc
6.4.10 ConAgra Brand
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET
Frequently Asked Questions
What is the study period of this market?
The Organic Food and Beverages Market market is studied from 2016 - 2027.
What is the growth rate of Organic Food and Beverages Market?
The Organic Food and Beverages Market is growing at a CAGR of 16.52% over the next 5 years.
Which region has highest growth rate in Organic Food and Beverages Market?
Asia Pacific is growing at the highest CAGR over 2021- 2026.
Which region has largest share in Organic Food and Beverages Market?
North America holds highest share in 2021.
Who are the key players in Organic Food and Beverages Market?
ConAgra Brand, Amy's Kitchen, Inc, General Mills Inc., The Hain Celestial Group, Danone Food company are the major companies operating in Organic Food and Beverages Market.