The global organic food & beverage market net worth was US $84 billion in 2014 and is braced to reach US $212 billion by 2020. This market is approximately growing at a CAGR of 15.7% in the next five years. The organic products are consumable products that are derived from animal- and eco-friendly methods of farming. More than 160 countries across the world practice organic farming and cover millions of hectares of land. Rising desire to consume healthy food in order to stay healthy and stringent regulations concerning the usage of artificial components and flavors in consumables, are the two main reasons leading to the considerable growth of the global organic food and beverages market.
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For an easy understanding, the global organic food and beverages market has been sectioned on the basis of three standards, such as product types in organic beverages, product types in organic foods and geographical region. Based on organic food type, this market has been broken down into various categories like vegetables and fruits, fish and poultry products, frozen and processed foods, meat, dairy products, and other varieties. In 2012, the organic vegetables and fruits led the market share of more than 38.9% in the global market. Now, as of organic beverage type, the market is sectioned into organic non-dairy beverages, organic wine and beer, organic coffee and tea, and other varieties. The organic tea and coffee segment dominated in 2012 with a market share of 75%.
Geographically, the global organic food and beverages market has been analyzed as follows:
- North America
- Asia Pacific
- Rest of the World (ROW)
From the above, Europe and North America are the dominants in terms of demand in the global organic food and beverages market. But, it has been foreseen that Asia Pacific’s market of this industry will grow at a rapid rate during the forecast period.
The key players of this industry in the current market are Amy’s Kitchen Inc., Hain Celestial Group Inc., Starbucks Corporation, Whole Foods Market, Organic Valley.
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The market has been segmented as follows:
– Organic Food Market: Product Analysis
– Fruits & Vegetables
– Meat, Fish & Poultry Products
– Dairy Products
– Frozen & Processed Food
– Organic Beverages Market: Product Analysis
– Organic Non – dairy Beverages
– Organic Coffee & Tea
– Organic Beer & Wine
– Organic Food & Beverages Market: Regional Analysis
– North America – U.S. and Other
– Europe – Germany and Other
– Asia Pacific – Japan, China and Other
– RoW – Brazil and Other
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