Organic Food and Beverage Market Size Worth $ 690.92 Billion By 2032 | CAGR: 12.3%

The global Organic Food and Beverage market size is expected to reach USD 690.92 billion by 2032, according to a new study by Polaris Market Research. The report “Organic Food and Beverage Market Share, Size, Trends, Industry Analysis Report, By Product (Organic Beverages, Organic Food); By Distribution Channel; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The Organic Food and Beverage market refers to the demand for medical devices known as Organic Food and Beverages, which treat coronary artery disease (CAD). This disease is when the arteries that provide blood to the heart become narrowed or blocked due to plaque buildup.

The trends in the organic food and beverage market indicate a significant surge in awareness regarding the health benefits offered by products and services in this industry. Anticipated to soar in the upcoming years, the market's growth during the current forecast period is propelled by increased awareness of environmental issues, concerns about health risks linked to the consumption of inorganic and contaminated substances, and global apprehensions about the use of harmful chemicals in agriculture, fostering demand for organic food and beverages.

Furthermore, government involvement in the organic food and beverages market, marked by initiatives to distinguish between false and genuine labeling, has drawn consumers to this sector. Additionally, the market's growth can be attributed to consumers' perception that organic food products are safer, more nutritious, and tastier than conventional items, influencing per capita spending in this market. The COVID-19 pandemic has significantly impacted the organic food and beverages market, altering consumer purchasing patterns as they recognize the importance of a robust immune system, leading to a preference for more organic and natural foods. For instance, General Mills Inc., a major player in this industry, reported an 8% growth in net sales according to its annual company report, reflecting the positive impact of the pandemic on this market.

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Additionally, a study published in the National Library of Medicine in June 2021 highlighted the significant impact of coronary artery disease (CAD) on global health. CAD alone is responsible for approximately 610,000 deaths annually, accounting for an estimated one in four deaths and making it the foremost cause of mortality in the United States. With the incidence of CAD rising, there is a growing demand for effective Organic Food and Beverage devices to address this pressing medical need. Consequently, this factor is projected to drive the demand for Organic Food and Beverages throughout the forecast period.

Organic Food and Beverage Market Report Highlights

• In 2023, the Organic Food segment dominated the market in terms of revenue share. The popularity of organic vegetables, initially observed in developed regions like North America and Europe, has now extended to emerging economies such as India and China. North America and Europe remain the key consumers of organic foods. The consumption of organic meat, fish, and poultry products is projected to exhibit the highest Compound Annual Growth Rate (CAGR). Increasing apprehensions about artificial preservatives and additives are anticipated to drive product demand in the forecast period.
• The Supermarket/Hypermarket category dominated the market share throughout the projected period. These establishments provide a diverse selection of both branded and locally sourced products. The existence of physical stores within this distribution channel, combined with their capacity to stock popular brands, has played a significant role in the growth of this segment. The increasing prevalence of supermarket and hypermarket chains, coupled with shifts in the retail landscape, particularly in developing economies, is amplifying product sales through this channel.
• In 2023, North America emerged as the leading market. The presence of arable lands suitable for organic farming in the U.S., Australia, and Argentina has prompted regulatory bodies to develop supportive policies aimed at fostering the production of organic foods. This is anticipated to have a favorable effect on the market demand for organic food and beverages in the coming years. The North American organic food and beverages market has played a substantial role in the global market, owing to the distinct advantages associated with environmentally friendly products, free from chemicals and residues, and perceived as healthier compared to conventional food.
• The global key market players include Amy’s Kitchen, Conagra Brands, Dairy Farmers of America, Danone, Dole Food Company, Eden Foods, General Mills, Gujarat Cooperative Milk Marketing Federation (Amul), Hain Celestial, Nestlé, Organic Valley, SunOpta, The Hershey Company, United Natural Foods, and Whole Foods Market.

Polaris Market Research has segmented the Organic Food and Beverage market report based on product, distribution channel, and region:

Organic Food and Beverage, Product Outlook (Revenue - USD Billion, 2019 - 2032)

• Organic Beverages
  • Organic Beverages
  • Non-dairy Beverages
  • Coffee & Tea
  • Others
• Organic Food
  • Frozen & Processed Food
  • Dairy Products
  • Meat, Fish & Poultry
  • Fruits & Vegetables
  • Others

Organic Food and Beverage, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)

• Specialty Stores
• Online Sales Channel
• Convenience Stores
• Supermarket/Hypermarket

Organic Food and Beverage, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Organic Food and Beverage Market Report Scope