Market Snapshot
| Study Period: | 2016 - 2026 |
| Base Year: | 2020 |
| Fastest Growing Market: | Asia Pacific |
| Largest Market: | North America |
| CAGR: | 16.44 % |
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Market Overview
The global organic food and beverages market is expected to register a CAGR of 16.44% during the forecast period, 2021 - 2026.
Increasing awareness among consumers about the health and benefits of organic food products has further stimulated the 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.
The market growth can also be attributed to the consumer’s belief that organic food products are safer, more nutritious and better in taste as compared to conventional food items.
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 hypermarket/supermarket, convenience stores, specialty stores, and others. On the basis of geography, the study provides an analysis of the organic food and beverage market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
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Key Market Trends
Increase in Demand for Clean Label Products
Consumers demand clean labels on products to gain knowledge about the product that they are about to consume and at what level. Their interest in identifying the ingredients present in the food & beverage products has triggered the growth of the clean-label product market. The consumers avoid consuming products that contain synthetic ingredients, despite the price difference, as various published studies indicate that natural ingredients help avoid hyperactivity disorders and behavioral issues in children, among other benefits. Asia-Pacific has the fastest growth rate for clean-label products. According to research conducted by Ingredion, the ingredient company, Asia-Pacific showed the strongest demand for clean-label products, as compared to any other region.
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Asia-Pacific Witnessed a Significant Market Growth
Asia Pacific is anticipated to project a rapid increase in CAGR during the forecast period, owing to the changing lifestyles and increase in consumer disposable income. Increasing awareness about the health benefits of organic food and beverages coupled with the advancement in biological farming techniques are anticipated to drive the demand for organic food and beverages in the region over the forecast period. The Asian market has a significant amount of imports of processed organic food and beverages from the developed countries of Europe and North America. The industrialized and developed countries such as Australia, New Zealand, Japan, Singapore, Hong Kong, and Korea are major markets for organic foods and beverages in the Asia Pacific. There is also an increase in demand for products in developing countries like India and China owing to the growing awareness about the benefits of organic food and beverage.
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Competitive Landscape
Some of the major key players in the organic food and beverages market, globally includes Amy's Kitchen, Inc, Belvoir Fruit Farms Ltd, Dean Food Company, Danone - WhiteWave Foods, Organic Valley, among others. Moreover, Private-label organic drink brands are also gaining prominence globally. For instance, Grocers have introduced their own brands, such as Kroger's Simple Truth, Supervalu's Wild Harvest, and Aldi's Simply Nature.
Recent Developments
- In March 2018, General Mills signed an agreement with Gunsmoke Farms to convert more than 30,000 acres of conventional farmland into certified organic acreage by 2020, in order to capitalize on the growing consumer demand for natural and organic foods. With this, the company expects its natural and organic portfolio in North America to reach USD 1.5 billion in net sales by 2020.
- In May 2019, The Indian arm of Swiss FMCG brand Nestle SA announced that it will soon foray into the organic food segment with the launch of organic products in the milk and nutrition category in India.
- 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. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 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 Force 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
5.1.1.1 Organic Fruit & Vegetables
5.1.1.2 Organic Meat, Fish & Poultry
5.1.1.3 Organic Dairy Products
5.1.1.4 Organic Frozen & Processed Foods
5.1.1.5 Others
5.1.2 Organic Beverages
5.1.2.1 Fruit and Vegetable Juices
5.1.2.2 Dairy
5.1.2.3 Coffee
5.1.2.4 Tea
5.1.2.5 Others
5.2 By Distribution Channel
5.2.1 Online Retailer
5.2.2 Offline Retailer
5.2.2.1 Hypermarket/Supermarket
5.2.2.2 Convenience Stores
5.2.2.3 Specialty Stores
5.2.2.4 Others
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 Germany
5.3.2.3 France
5.3.2.4 Russia
5.3.2.5 Italy
5.3.2.6 Spain
5.3.2.7 Rest of Europe
5.3.3 Asia Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 South Africa
5.3.5.2 Saudi Arabia
5.3.5.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
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 The Kroger Co.
6.4.9 The Hain Celestial Group Inc
6.4.10 ConAgra Brand
*List Not Exhaustive7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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Frequently Asked Questions
What is the study period of this market?
The Organic Food and Beverages Market market is studied from 2016 - 2026.
What is the growth rate of Organic Food and Beverages Market?
The Organic Food and Beverages Market is growing at a CAGR of 16.44% 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 2020.
Who are the key players in Organic Food and Beverages Market?
ConAgra Brand, Amy's Kitchen, Inc, Dean Food Company, General Mills Inc., Organic Valley are the major companies operating in Organic Food and Beverages Market.
