Organic Food and Beverages Market, Trends Analysis- Global Industry Forecast to 2027
Surplus
use of fertilizers and chemicals have compelled people to discover healthy ways
of living and this has propelled the growth for organic food and beverages
market. This market is predicted to see a notable growth at an admirable CAGR
during the predicted years (2018-2023). Organic food and beverages have made
their roots firm after people have begun to realize the significance to
maintain a healthy lifestyle and stay in the pink of health. More and more
people these days are choosing a quality lifestyle over a lifestyle that is
chemically charged. Hence, the organic food and beverages market is all set in taking a rapid shape
during the coming years. These food products are derived from animals and
plants which are own organically, raised and processed sans additives,
pesticides and fertilizers that has harmful ingredients.
There
are various factors that are anticipated to reflect favorably on the organic food
and beverages markets foreseeable future. Some of the market trends and factors
in this market as per an analysis conducted by Market Research Future (MRFR)
include rising disposable income, increasing lifestyle disease incidences such
as obesity, cardiac arrest, blood pressure, diabetes, consumption of fast and
processed food, aggressive marketing strategies, continuous product innovations
and a major part of the urban population switching over to organic foods and
beverages.
Key
Players
Leading
players profiled in the organic foods and beverages market include Whole Foods
Market Inc (US), The Kroger Co. (US), The Kraft Heinz Company (US), SpartanNash
Co. (US), Hain Celestial (US), General Mills, Inc (US), Dean Foods (US) and
Amy’s Kitchen, Inc. (US).
Market Segmentation:
Market Research Future report provides a
comprehensive segmental analysis of the global organic foods and beverages
market on the basis of type, packaging material and distribution channel.
Based on type, it is segmented into sweet and
savory snacks, seafood, meat, beverages, frozen desserts, dairy, confectionary
and bakery. Of these, organic beverages (tea and coffee) holds the maximum
market share. Organic dairy products are also anticipated to have a significant
share during the predicted years owing to technological advancements.
Based on packaging material, it is segmented into
paper, metal, plastic and glass.
Based on distribution channel, the organic foods
and beverages market is segmented into non-store based and store-based. The
store-based segment is further segmented into specialty stores, convenience
stores, hypermarkets and supermarkets.
Access Report @ https://www.marketresearchfuture.com/reports/organic-food-beverages-market-2524
Regional Analysis
Based on region, the global organic foods and
beverages market covers growth opportunities and latest trends across North
America, Europe, Asia Pacific and Rest of the World. Of these, Europe is all
set to rule the market and the factors here can be linked to rising awareness
of health problems related to intake of pesticides and chemicals and adoption
of healthy food habits amid the people in this region. Denmark and Germany have
seen the maximum production of organic animals and plants of late. In fact,
this is anticipated to drive the organic foods and beverages market growth in
Europe. In Asia Pacific the market is predicted to be the fastest growing owing
to rising health concerns regarding the use of chemicals and pesticides in huge
quantities in the developing countries such as China and India.
NOTE: Our Team of Researchers
are Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
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