The Organic Food And Beverages Market is being driven by Rising number of new product launches
The Organic Food And Beverages Market is expected to grow at a CAGR of 18.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 476.9 billion. The organic food and beverages market is experiencing significant growth due to shifting consumer preferences towards healthier options. The increasing awareness among urban populations regarding the health benefits of organic products, as endorsed by dieticians and healthcare professionals worldwide, is positively influencing market expansion. Additionally, the growing availability of organic items in mainstream retail channels, including supermarkets and online platforms, is enhancing accessibility for consumers, thereby fueling market growth during the forecast period.
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The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
213 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 18.6% |
Market growth 2025-2029 |
USD 476.9 billion |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
15.2 |
Key countries |
US, Germany, Canada, France, UK, Japan, China, India, UAE, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Organic Food and Beverages Market emphasizes health benefits through Non-GMO products, reflecting consumer behavior shifts towards sustainable practices and environmental consciousness. Accessibility to these offerings is expanding, with organic farming prioritizing soil health and biodiversity. Organic certification ensures the absence of synthetic ingredients, pesticides, and antibiotics. Brands like Organic Valley, Dole Organics, Organic Oatmilk, and Organic India lead the way. Conventional agriculture contrasts with organic practices, impacting both human health and the environment. The National Horticulture Mission supports organic farming, and e-commerce, subscription packages, and online delivery services facilitate access to a wide range of organic fruits, vegetables, and beverages.
The Organic Food and Beverages market encompasses businesses engaged in the production and processing of organic food and beverages, excluding those specializing in food processing equipment or alcoholic and non-alcoholic beverages. According to Technavio, market size is determined by the consolidated revenue of these entities. Key growth drivers for this sector include the health benefits derived from consuming non-GMO, minimally processed food items, such as vegetables, which are rich in essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C. Consumer preference for sustainable practices and reduced environmental impact further bolsters market expansion. Accessibility to organic products in various retail channels and increasing awareness regarding the benefits of organic food consumption are additional growth catalysts.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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