Global Organic Food and Beverages Market, By Product Type (Organic Food and Organic Beverages), Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialist Stores, Internet Retailing and Others), – Industry Trends and Forecast to 2029
Market Analysis and Size
In the last decade, the evolution of social media has played a significant role in raising awareness about the negative effects of traditional or conventional food and the benefits of organic food and beverages. Aside from the shift in how organic foods are perceived, consumers are increasingly emphasising the social aspects of organic production, favouring small-scale agriculture in a clean environment over large farms.
Data Bridge Market Research analyses that the organic food and beverages market was valued at USD 188.35 billion in 2021 and is expected to reach the value of USD 430.01 billion by 2029, at a CAGR of 10.87% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Organic Food and Organic Beverages), Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialist Stores, Internet Retailing and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Hain Celestial (U.S), Dole Food Company, Inc (U.S), Dairy Farmers of America, Inc. (U.S), General Mills Inc. (U.S), Danone (France), United Natural Foods, Inc. (U.S), GCMMF (India), THE HERSHEY COMPANY (U.S), Amy’s Kitchen, Inc. (U.S), Organic Valley (U.S), Conagra Brands, Inc. (U.S), Nestlé (Switzerland), Eden Foods (U.S), SunOpta (Canada)
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Opportunities
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Market Definition
Organic foods and beverages are agricultural products grown or produced using organic farming practises. Organic farming encourages resource recycling, maintains ecological balance, and engages in biodiversity conservation practises. Organic foods and beverages are agricultural products that are grown without the use of synthetic fertilisers, growth regulators, or other additives.
Organic Food and Beverages Market Dynamics
Drivers
- Growing awareness about the benefits of organic food and beverages
Growing awareness of the benefits of the organic food and beverage market leads to increased market share growth. The organic food and beverage market raises the standard of living by lowering health concerns, increasing customer knowledge of health-conscious customers, avoiding pesticides, chemical fertilisers, and synthetic chemicals, and avoiding genetically modified organisms. As a result, organic food and beverages play an important role in health benefits, environmental friendliness, and animal welfare. It has nutritional advantages over a standard diet.
- Growing demand for clean label products
Clean label products are in high demand because consumers are looking for plant-based proteins, and vegetarian foods are seen as healthier. Clean label products are completely natural, non-GMO, and made with real ingredients, with no additives or preservatives. The main benefit of a clean label product is that consumers can easily read the ingredients and that it is organic and free of chemicals. Companies should have good packaging design, food product transparency, and simple ingredients with functional benefits.
Opportunity
An increasing working population, rising demand for ready-to-use products, and expanding retail markets are some of the factors expected to drive global market growth during the forecast period. The growing use of organic food and beverages as a natural ingredient in the personal care industry will drive growth in the global organic food and beverages market. Rising disposable income levels, rising food and beverage expenditure, and rising consumer awareness of healthy lifestyles are also expected to drive organic food and beverage market growth.
Restraints
However, the shelf life of organic food and beverages is limited, which will pose a significant challenge to the market's growth. The high costs of the items will further limit the scope of growth for the organic food and beverage market. The recent coronavirus outbreak has harmed demand and supply for organic food and beverages even more.
This organic food and beverages market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the organic food and beverages market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Organic Food and Beverages Market
The pandemic of COVID19 had a significant impact on the organic food and beverage market. Due to this uncertainty, consumer purchasing patterns changed as consumers became aware of the importance of a strong immune system; as a result, consumers preferred more organic and natural foods.
Recent Development
- Tyson Foods, an American multinational corporation and the world's second-largest marketer and processor of chicken, beef, and pork, was acquired by General Mills Inc. in 2021. According to the company, the acquisition was made to reshape the portfolio growth, which will help the company expand its business.
- Danone acquired Your Heart, a pioneer in plant-based nutrition, in February 2021. The acquisition strategy could be to expand the business by introducing new organic products to meet consumer demand and maintain dominance over other players in the same segment.
Global Organic Food and Beverages Market Scope
The organic food and beverages market is segmented on the basis of product type and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product type
- Organic Food
- Organic fruits and vegetables
- Meat, fish and poultry
- Dairy products
- Frozen and processed food
- Others
- Organic beverages
- Alcoholic beverages
- Wine
- Beer
- Whiskey
- Cider
- Others
- Non-alcoholic beverages
- Fruit and vegetable juices
- Dairy beverages
- Coffee
- Tea
- Others
Distribution channel
- Supermarket/ hypermarket
- Convenience stores
- Specialist stores
- Internet retailing
- Others
Organic Food and Beverages Market Regional Analysis/Insights
The organic food and beverages market is analysed and market size insights and trends are provided by country, product type and distribution channel as referenced above.
The countries covered in the organic food and beverages market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific currently dominates the organic food and beverages market and will continue to do so during the forecast period due to rising urbanisation, westernisation, growth and expansion of the organic food and beverages industry, changing lifestyle, and rising personal disposable income. Rising public awareness of the health benefits of organic food and beverages will create lucrative and remunerative market growth opportunities.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Organic Food and Beverages Market Share Analysis
The organic food and beverages market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to organic food and beverages market.
Some of the major players operating in the organic food and beverages market are:
- Hain Celestial (U.S)
- Dole Food Company, Inc (U.S)
- Dairy Farmers of America, Inc. (U.S)
- General Mills Inc. (U.S)
- Danone (France)
- United Natural Foods, Inc. (U.S)
- GCMMF (India)
- THE HERSHEY COMPANY (U.S)
- Amy’s Kitchen, Inc. (U.S)
- Organic Valley (U.S)
- Conagra Brands, Inc. (U.S)
- Nestlé (Switzerland)
- Eden Foods (U.S)
- SunOpta (Canada)
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