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global organic food and beverages market

Organic Food and Beverages Market Share, Size, Trends, Industry Analysis Report, By Distribution Channel (Specialty Stores, Supermarket/Hypermarket, Convenience Stores, Online Sales Channel, Others); By Product; By Region; Segment Forecast, 2022 - 2030

  • Published Date: Jun 2022
  • Pages: 116
  • Format: PDF
  • Report ID: PM1140
  • Base Year: 2021
  • Historical Data: 2018 - 2020

Report Summary

The global organic food and beverages market was valued at USD 187.46 billion in 2021 and is expected to grow at a CAGR of 13.2% during the forecast period. The increased demand for clean-label food and beverages products is predicted to be a major driver of organic food and beverages industry growth.

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The demand for sustainable healthy beverages is growing tremendously as customers become more health-conscious. Furthermore, as the frequency of chemical poisonings in the world rises, people are turning to healthy eating habits, which is driving the natural products and beverages industry forward.

The pandemic of COVID19 has had a tremendous impact on the organic food and beverages market. As consumers grew aware of the importance of a strong immune system as a result of this uncertainty, their purchasing patterns altered, and they favored more organic and natural goods.

Consumer knowledge of the health and benefits of chemical-free items and beverages product has boosted industry expansion even further. Additionally, as the prevalence of chronic diseases such as heart disease, cancer, and diabetes rises, consumers are becoming more concerned about their diet.

However, operation costs are higher in general because of the rise in labor costs and raw material prices. This boosts the final retail price, which is expected to be the worldwide market's most significant restriction over the projected period. Furthermore, because natural beverages product has a short shelf life, industry growth is likely to be limited over the projection period.

Industry Dynamics

Growth Drivers
The increased demand for the organic food and beverages market as a result of people's growing health worries about the rising number of chemical poisoning incidents is one of the major drivers driving the organic foods and beverages market forward. Chemical poisoning is a serious public health hazard. Chemical poisoning, whether accidental or purposeful, accounts for over 95% of all poisonings. The tiniest children, infants, and toddlers are more vulnerable to accidental poisoning.

Many chronic, degenerative diseases have been related to environmental pollution or poisoning. On the list could be cancer, memory loss, allergies, numerous chemical sensitivities, chronic fatigue syndrome, adult infertility, learning, and behavioral issues, developmental anomalies, and congenital defects in children.

Even though the American food supply is among the safest in the world, the Center for disease control and prevention estimates that 48 million foodborne disease events occur each year, affecting one out of every six Americans. Furthermore, these illnesses are expected to result in 128,000 hospitalizations and 3,000 fatalities each year.

Furthermore, kidney failure, persistent arthritis, brain and nerve damage, and death are also serious long-term repercussions connected with some common types of health concerns. Thus, due to these factors, the demand for healthy beverages is increasing to prevent people from health issues, which is boosting the industry growth during the forecast period.

Organic Food And Beverages Market
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Report Segmentation

The market is primarily segmented based on product, distribution channel, and region.

By Product

By Distribution Channel

By Region

  • Organic Food
    • Fruits & Vegetables
    • Meat, Fish & Poultry
    • Dairy Products
    • Frozen & Processed
    • Others
  • Organic Beverages
    • Non-dairy Beverages
    • Coffee & Tea
    • Beer & Wine
    • Others
  • Supermarket/Hypermarket
  • Specialty Stores
  • Convenience Stores
  • Online Sales Channel
  • Others
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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Insight by Product

Based on the product segment, the organic food segment is expected to be the most significant revenue contributor in the industry. Organic vegetable consumption began in industrialized countries and has since spread to emerging economies.

Growing consumer worries about artificial preservatives and chemicals are expected to boost product demand in the future years. This is because organic items and beverages offer consumers optimal health benefits. After all, they are free of preservatives and made with natural components.

Geographic Overview

North America had the largest revenue share. This increase can be ascribed to dietary changes and developments in agricultural practices to suit the rising demand for organic products as the disease's incidence rises. The industry in North America is predicted to grow rapidly due to the products' unique benefits, which include being environmentally friendly, devoid of chemicals and residues, and healthier than conventional products.

Shortly, rising consumer knowledge of the benefits of eating non-genetically modified or altered products are expected to propel the region’s growth. Furthermore, the major players are focusing on the launches of chemical-free food & beverages for the health benefits of individuals, which are boosting the industry growth during the forecast period.

For instance, in July 2021, Neptune Wellness Solutions Inc., a comprehensive health and wellness firm specializing in plant-based and sustainable lifestyle brands, confirmed the debut of Sprout Organic Foods goods in Metro grocery stores across Ontario. Thus, these announcements in the industry are driving growth.

Moreover, Asia Pacific is expected to witness a high CAGR in the industry. The region is expanding as a result of the increased popularity of ready-to-eat products among the working class, as well as the millennia in nations like India. In terms of consumer expenditure on consumption, China, India, and Japan are the most important countries. Furthermore, a significant increase in demand for frozen products is opening new possibilities in the region for natural frozen goods resulting in less time for preparing and serving. In terms of utilization and manufacture, China has a substantial portion of the organic food and beverages market.

Due to quick improvements and growing awareness of chemical-free products, developing countries such as India, Singapore, Hong Kong, Taiwan, and others have been identified as major countries. Due to rising consumer discretionary income and large exports from established nations like North America and Europe, the Asia Pacific is expected to rise significantly.

Competitive Insight

Some of the major players operating in the industry include Amy’s Kitchen, Inc., Conagra Brands, Inc., Dairy Farmers of America, Inc., Danone, Dole Food Company, Inc, Eden Foods, General Mills Inc., Gujarat Cooperative Milk Marketing Federation (Amul), Hain Celestial, Nestlé, Organic Valley, SunOpta, THE HERSHEY COMPANY, United Natural Foods, Inc., and Whole Foods Market L.P.

Organic Food and Beverages Market Report Scope

Report Attributes

Details

Market size value in 2021

USD 187.46 Billion

Revenue forecast in 2030

USD 530.79 Billion

CAGR

13.2% from 2022 - 2030

Base year

2021

Historical data

2018 - 2020

Forecast period

2022 - 2030

Quantitative units

Revenue in USD Billion and CAGR from 2022 to 2030

Segments covered

By Product, By Distribution Channel, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Key companies

Amy’s Kitchen, Inc., Conagra Brands, Inc., Dairy Farmers of America, Inc., Danone, Dole Food Company, Inc, Eden Foods, General Mills Inc., Gujarat Cooperative Milk Marketing Federation (Amul), Hain Celestial, Nestlé, Organic Valley, SunOpta, THE HERSHEY COMPANY, United Natural Foods, Inc., and Whole Foods Market L.P.

Key Take-Away
Polaris Market Research
Organic Food and Beverages Market Size Global Report, 2022 - 2030