New York, NY, June 19, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Organic Food and Beverages Market by Product Type {Organic Food (Organic Fruits & Vegetables, Organic Meat, Fish & Poultry, Organic Dairy Products, Organic Frozen & Processed Foods and Others) and Organic Beverages (Organic Non-Dairy Products, Organic Coffee & Tea, Organic Beer & Wine and Others)}: Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024”. According to the report, global organic food and beverages market was valued at approximately USD 124.76 billion in 2017 and is expected to generate revenue of around USD 323.09 billion by the end of 2024, growing at a CAGR of around 14.56% between 2017 and 2024.

Organic foods and beverages are produced using organic farming techniques. Organic farming is an overall system of farming and food production that combines best environmental practices, preservation of natural resources, application of high animal welfare standards and also production methods to produce in-line products by using natural substances & natural processes. Around the globe, organic farming is practiced in approximately 162 countries. 

Browse through 20 Tables & 24 Figures spread over 110 Pages and in-depth TOC on "Global Organic Food and Beverages Market Size & Share 2017: Industry Trends, Growth Opportunities Analysis and Forecast, 2024”.

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The global organic food and beverages market is segregated on the basis of product type. The product type segment is bifurcated into organic foods and organic beverages. Further, the organic food segment is divided into organic fruits & vegetables, organic meat, fish & poultry, organic dairy products, organic frozen & processed foods and others. Organic fruits and vegetable segment is expected to dominate the market in the forecast period due to the increase in awareness about products in developing countries. Organic beverages segment is sub-segmented into organic non-dairy products, organic coffee & tea, organic beer & wine and others. Non-dairy beverages such as soy milk dominated the organic beverage segment in 2015 and are expected to dominate within the forecast period.

North America is expected to dominate the market with the highest CAGR during the forecast period. North America held approximately 40% of the global market revenue share. The rising health consciousness among consumers and the growing popularity of organic food and organic drinks are driving the demand in North America. Increasing health issues such as diabetes, obesity, and digestive disorders are also one of the factors driving the growth of the organic food and beverages market in the region. There is a number of organic farms in North America as compared to other regions and some of the companies are focusing on investment in building industries which also anticipates the growth of the market in this region.

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Europe accounted for over 33% of the total revenue share globally. The growth in Europe is anticipated due to the paradigm shift of population towards a preference of healthy lifestyle and the rising awareness about the health benefits of organic food and beverages. The increased accessibility of organic food and beverages in retail outlets make it more convenient for consumers to purchase these products. Germany is expected to lead the market in Europe whereas various other countries like UK, France, Spain, Russia, and Italy are also expected to witness rapid growth in organic food and beverage market in the region.

Asia Pacific is anticipated to exhibit a rapid increase in CAGR during the forecast period, owing to the changing lifestyles and increase in consumer disposable income. Increasing awareness about the health benefits of organic food and beverages coupled with the advancement in biological farming techniques are anticipated to drive the demand for organic food and beverages in the region over the forecast period. The Asian market has a significant amount of imports of processed organic food and beverages from the developed countries of Europe and North America. The industrialized and developed countries such as Australia, New Zealand, Japan, Singapore, Hong Kong, and Korea are major markets for organic foods and beverages in the Asia Pacific. There is also an increase in demand for the products in developing countries like India and China due to awareness about the benefits of organic food and beverage.

Browse the full "Organic Food and Beverages Market by Product Type {Organic Food (Organic Fruits & Vegetables, Organic Meat, Fish & Poultry, Organic Dairy Products, Organic Frozen & Processed Foods and Others) and Organic Beverages (Organic Non-Dairy Products, Organic Coffee & Tea, Organic Beer & Wine and Others)}: Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024" report at https://www.zionmarketresearch.com/report/organic-food-beverages-market

The Middle East and Africa and Latin America are expected to witness a rapid growth in the forecast period. The rapid adaption of western culture and increase in awareness about organic food and beverages is expected to aid the growth of the organic food and beverages market in the future.

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Some of the key players in the global organic food and beverages market include The Hain Celestial Group Inc., Amy's Kitchen Inc., Organic Valley, Private Label Companies, Whole Foods Market Inc., General Mills, Inc., Everest, Cargill, Inc., WhiteWave Foods, and United Natural Foods Incorporated. Major players are frequently engaged in research and development of new product range with enhanced shelf life and its nutrients.

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This report segments the global organic food and beverages market as follows:

Global Organic Food and Beverages Market: Product Type Segment Analysis

  • Organic Foods
    • Organic Fruit & Vegetables
    • Organic Meat, Fish & Poultry
    • Organic Dairy Products
    • Organic Frozen & Processed Foods
    • Others
  • Organic Beverages
    • Organic Non-Dairy Products
    • Organic Coffee & Tea
    • Organic Beer & Wine
    • Others

Global Food and Beverages Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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