Organic Food and Beverages Market 2024 Growing Trends, Future Product Development and Demand Forecast 2033
Global Organic Food and Beverages Market size was valued at USD 253.9 Billion in 2024 and is expected to reach USD 643.6 Billion by 2033, at a CAGR of 14.8% during the forecast period 2024 – 2033.
Organic Food and Beverages Market: Overview
Organic farming focuses on long-term methods including crop rotation, recycling, and biological pest management to protect biodiversity, soil fertility, and environmental health. Organic certification assures that organic products meet high criteria, giving customers trust in their reliability and ethical integrity.
Consumers’ increased health consciousness is boosting demand for organic products, which are believed to be better and more nutritious than conventional ones. Furthermore, increased knowledge of environmental sustainability, as well as concerns about food safety and quality, are driving customers to prefer organic foods and drinks.
Moreover, technical developments and breakthroughs in organic farming practices increase yields while decreasing production costs, making organic goods more accessible and inexpensive. Furthermore, the advent of e-commerce platforms is enabling the global distribution of organic products, giving customers access to a broader selection of options regardless of their geographical location.
Also, regulatory support and government measures that promote organic farming and labelling requirements are driving market expansion.
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By product type, the fruits and vegetables segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Fruits and vegetables dominate the organic food and beverage industry because of their claimed health advantages, absence of synthetic pesticides, and customer desire for natural, unprocessed items that adhere to the key principles of organic cultivation and consumption.
By distribution channel, the supermarket/hypermarket segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Supermarkets and hypermarkets dominate the organic food and beverage sector due to their enormous reach and diverse variety of organic items. Their handy locations, competitive pricing, and promotional activities make organic choices more accessible and appealing to customers.
North America dominates the organic food and beverage industry due to rising health consciousness, high certification criteria, extensive distribution networks, vigorous marketing activities, and a culture of sustainability and ethical consumption in the area.
CMI has comprehensively analyzed the Global Organic Food and Beverages market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict an in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Organic Food and Beverages industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the Organic Food and Beverages Market:
- Hain Celestial
- Whole Foods Market L.P.
- Dole Food Company Inc.
- Dairy Farmers of America Inc.
- General Mills Inc.
- Danone
- United Natural Foods Inc.
- Gujarat Cooperative Milk Marketing Federation
- Hershey
- Amy’s Kitchen Inc.
- Organic Valley
- Conagra Brands Inc.
- Nestlé
- Eden Foods
- SunOpta
- Newman’s Own Inc.
- Whole Foods Market IP. L.P.
- Frito-Lay
- Nature’s Path Food
- WhiteWave Foods Co.
- Others
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