Organic food and beverages are the food and beverage products that are manufactured with raw products developed with the help of organic farming methods, these farming methods are generally different for different regions although the ultimate focus of this farming practice is the sustainability and protection of the biodiversity around the farm. This method focuses on conversation of resources, helping create a more balanced ecological farming process and ensuring that the quality of produce developed is of pristine quality.
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Organic food and beverages market is growing due to surging health concerns and standard of living, surging income levels of consumers which has increased the purchasing power, the effects of these factors are mentioned below:
Innovative product launches and expansion of market share by the different market players:
The market is segmented on the basis of product type as organic food and organic beverages. Distribution channel has been segmented into supermarket/hypermarket, convenience stores, specialist stores, internet retailing and others.
“According to Data Bridge Market Research, Global Organic Food And Beverages Market is expected to be growing with a CAGR of 14.75% during the forecast period of 2019 to 2026”
Some of the major players operating in market are Tesco PLC,, Ahold Delhaize, The Kraft Heinz Company, Walmart, Conagra Brands Inc., COLEMAN NATURAL, Clif Bar & Company, HiPP, Applegate Farms LLC, General Mills Inc., Morrisons Ltd, FLORIDA CRYSTALS CORPORATION, Carrefour, AEON CO. LTD., United Natural Foods, Inc., Waitrose & Partners, Hain Celestial, REWE Group, Wegmans Food Markets, Costco Wholesale Corporation, and Whole Foods Market IP. L.P. among others.
There has been an upward trend in regards to the government’s initiatives for promoting the usage of organic farming in their region. The government has been focusing on ensuring that the farmers and individuals are well aware of the benefits associated with organic farming and as such, have provided different forms of reimbursement scenarios and imposed favorable regulations in combination with awareness programs to enhance the volume of produce being cultivated with the help of organic farming methods.
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Global Organic Food and Beverages Market – Industry Trends and Forecast to 2026