Organic Food & Beverage Global Market Revenue, Value, Share, Size, Business Developments, Leading Regions, Future Growth Strategies 2023

Organic Food & Beverage Market Global Research Report by Type (Bakery & Confectionery, Dairy & Frozen Desserts, & Others) Packaging Material (Glass, Plastic, Metal, & Paper), Distribution Channel (Store & Non-Store), & Region—Forecast till 2023

Market Overview:
Market Research Future (MRFR) has announced a new release on the global organic food and beverage market. The report looks into the various factors affecting the growth of the global organic food and beverage market and presents a comprehensive coverage of the growth trajectory of the market over the 2017-2023 forecast period.

The global organic food and beverage market is primarily driven by the perception of organic food and beverages as being healthier than conventionally growth and developed food and beverages. Organic food and beverages are derived from plants and animals grown without the use of chemical additives, pesticides, and fertilizers, and are thus held in higher regard by an increasing number of consumers around the world. Urban shoppers are among the highest consumers of organic food and beverages and are likely to be a major demand channel for the organic food and beverage market over the forecast period.

Organic food and beverages are free from genetically modified organisms or GMOs. GMOs have accrued considerable opposition in recent years owing to their unconventional nature. Many environmental groups declare their opposition to GMOs and consider them to be inherently unhealthier than organic crops.

Organic farming is also held to be more beneficial to the environment than conventional farming. Organic farming does not use chemical fertilizers and pesticides, which prevents the runoff of the same into natural water bodies, reducing the chances of pollution. Organic farming is also claimed to improve soil fertility due to the absence of synthetic fertilizers and is thus being practiced in increasing volume all over the world.

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Major Key Players Review:
Leading players in the global organic food and beverage market include The Kraft Heinz Company, General Mills, Inc., Amy’s Kitchen Inc., Whole Foods Market Inc., The Kroger Co., Hain Celestial, Dean Foods, and SpartanNash Co. Coming up with organic variants of a wide range of food products is likely to be the focus of the leading players in the global organic food and beverage market.

Segmental Analysis:
The global organic food and beverage market is segmented on the basis of type, packaging material, and distribution channel.

On the basis of type, the organic food and beverage market is divided into bakery and confectionary products, meat and seafood, dairy and frozen desserts, sweet and savory snacks, beverages, and others.

On the basis of packaging material, the global organic food and beverage market is segmented into paper, glass, plastic, metal, and others.

On the basis of distribution channel, the global organic food and beverage market is classified as store-based and non-store-based distribution. The store-based distribution segment is further subdivided into specialty stores, convenience stores, supermarkets and hypermarkets, and others.

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Regional Analysis:
The global organic food and beverage market is divided on the basis of geography into North America, Europe, Asia Pacific (APAC), and Rest of the World.

Regionally, Europe is likely to dominate the global organic food and beverage market over the forecast period, followed by APAC and North America. Consumers in European countries prefer organic food to conventionally grown produce and have been at the forefront of the organic movement in the last few decades. Governments in European countries have also come up with supportive policies for organic farming, which is likely to drive the organic food and beverage market in the region over the forecast period. Germany and Denmark have been the leading country-level markets for organic food and beverages in Europe and are likely to remain the major consumers of the same over the forecast period.

Rising awareness of the benefits of organic food and beverages is likely to drive the adoption in APAC countries such as China and India.

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Release ID: 447917