This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
Organic Food And Beverages Products Market Size, Share, & Trends Analysis Report (2023 – 2030)
GET A FREE SAMPLE
Report Overview
The global organic food and beverages market was valued at USD 190.4 billion in 2022 and is expected to expand at a CAGR of 11.4% from 2023 to 2030. The rising demand for organic food and beverages is driven by the growing awareness of the health benefits of organic products, increasing disposable incomes, and a growing focus on sustainability. Furthermore, the demand for organic food and beverages has increased due to changing lifestyles, with consumers preferring food and beverages that are free from synthetic pesticides, fertilizers, and additives.
The growing demand for organic food and beverages has resulted in the launch of new products by key players in the market. For instance, in February 2021, PepsiCo launched organic oat milk lattes made with organic oat milk and espresso. The organic oat milk lattes are available in two varieties, such as Caramel and Mocha. Additionally, in November 2021, Nestle launched several organic products under the brand Garden Gourmet. The new product range consists of organic vegan soups and organic vegan burgers, which are made with plant-based ingredients and are free from animal products.
Moreover, the rising demand for organic beverages is driving the market. The growing popularity of organic juices, energy drinks, and carbonated drinks is stimulating the demand for organic beverages. Furthermore, the launch of organic beverages by key players is further driving the market. For instance, in June 2021, Coca-Cola launched organic cola in the US, which is made with organic ingredients, including organic cane sugar and natural flavors.
Apart from that, the rising demand for organic dairy products is driving the market. The increasing awareness of the health benefits of organic dairy products, such as yogurt, cheese, and butter, is driving the market. Additionally, key players are launching new organic dairy products to meet the growing demand from consumers. For instance, in April 2021, Danone launched an organic yogurt range in the US, which is made with organic ingredients and is free from artificial colors, flavors, and preservatives.
Furthermore, the growing demand for organic snacks is driving the market. The increasing demand for healthy snacks, such as energy bars, dried fruits, and nuts, is driving the market. Additionally, the availability of organic snacks online is further driving the market. For instance, in April 2021, PepsiCo launched an organic snack range in the US, which includes organic chips, pretzels, and popcorn. The snacks are made with ingredients such as organic corn and organic coconut oil.
Product Insights
The organic fruits and vegetables segment accounted for the highest share of the organic food and beverage market in 2021. The rising demand for organic produce is driven by the increasing awareness among consumers regarding their health and wellbeing. Furthermore, organic fruits and vegetables are known for their higher nutritional content, which is one of the key factors driving the demand for organic produce. According to an article published by the Organic Trade Association, in April 2021, the sales of organic fruits and vegetables in the U.S. grew by 10% in 2020 compared to the previous year.
The organic dairy segment is expected to expand at the highest CAGR of 8.6% over the forecast period. Growing health-consciousness, increasing consumer awareness regarding the nutritional value of organic products, and the rising demand for organic dairy products are some of the major factors driving the growth of the market. Moreover, the increasing demand for organic dairy products in emerging markets including India, Japan, and China is further propelling the growth of the market.
Distribution Channel Insights
The supermarkets and hypermarkets segment captured the major share of over 38.7% in 2022. The growth of the segment is mainly driven by the increasing availability of organic food and beverage products in supermarkets and hypermarkets. With the rising health consciousness among consumers, the demand for organic food and beverage products is increasing in the market. In addition, the supermarkets and hypermarkets offer convenience for consumers to purchase organic food and beverage products under one roof.
The online segment is anticipated to expand at the highest CAGR of 13.9% over the forecast period. The increasing adoption of online shopping platforms among consumers is expected to stimulate the growth of the segment. Moreover, the availability of a wide range of organic food and beverage products on various e-commerce websites such as Amazon and Flipkart is expected to drive the segment growth. In addition, the increasing number of organic food and beverage companies launching dedicated online stores is expected to boost the segment growth.
Type Insights
The organic processed food segment accounted for the largest revenue share of 87.4% in the year 2022. The growing awareness of health benefits associated with organic food and beverages among the population is expected to drive the demand for this segment. The increasing population of health-conscious consumers is expected to create a demand for organic products, as they are made from certified organic ingredients and do not contain any artificial colors, flavors, or preservatives. Furthermore, the increasing popularity of organic packaged food and increasing demand for convenience food are expected to drive the demand for organic processed food.
The organic fruits and vegetables segment is anticipated to expand at the highest CAGR of 10.2% over the forecast period. The increasing popularity of organic foods is expected to drive the demand for organic fruits and vegetables. Furthermore, the rising demand for organic fruits and vegetables is attributed to the increasing health consciousness among consumers. To meet the increasing demand for organic fruits and vegetables, various organic food producers are focusing on expanding their organic product portfolio. For instance, in April 2021, Naturipe Farms, LLC launched a new organic blueberry variety.
Regional Insights
Europe dominated the market and accounted for the largest revenue share of over 34.7% in 2022. Rising consumer awareness regarding health benefits associated with organic food and beverages is a key factor behind this growth in the region. Increasing demand for organic food and beverages as a result of the growing health-conscious population is further expected to drive the market growth in Europe. For instance, in November 2020, the UK-based organic food and beverage producer, Charlie’s, introduced a new range of super-premium juices.
The Asia Pacific region is expected to witness the fastest growth in the coming years. Factors such as the increasing number of health and wellness trends and rising disposable income are expected to drive the growth of the market in the region. Increasing consumer inclination towards organic food and beverage products due to the rising awareness and consumer awareness regarding the health benefits associated with organic products is further expected to fuel the market growth in the region. For instance, in June 2021, Nature’s Path Foods, a plant-based food producer, launched a range of organic products in India.
Financial Projections
In this part of the organic food and beverages products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your business. Usually, these projections are drafted for a 5-year period.
Revenue Assumptions
The main source of revenues for a organic food and beverages products business comes from retail sales, wholesale sales, and catering services. Here you will find a list with a description of each of them and other possible sources of profit such as online sales, subscription boxes, and private labeling.
Projecting Expenses
In this section, all the regular expenses related to keeping the organic food and beverages products business running will be described. The list of operating expenses includes raw materials, labor costs, packaging, shipping, advertising, utilities, insurance policies, and others.
Key companies & market share insights
Some of the key companies operating in the organic food and beverages market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:
– In April 2022, Hain Celestial Group launched a new range of organic protein bars.
– In June 2022, Whole Foods Market launched a new line of organic tea and coffee.
– In August 2022, WhiteWave Foods launched an organic milk line in India.
Some of the prominent players in the organic food and beverages market include:
– Hain Celestial Group
– The WhiteWave Foods Company
– General Mills, Inc.
– Whole Foods Market
– Dean Foods Company
– Dole Food Company, Inc.
– The Kraft Heinz Company
– The J.M. Smucker Company
– Amy’s Kitchen, Inc.
– Kellogg Company
Global Organic Food And Beverages Market Segmentation
This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global organic food and beverages market based on product, distribution channel, type, and region:
1. Product Outlook (Revenue, USD Million, 2017 – 2030)
– Fruits & Vegetables
– Dairy & Dairy Alternatives
– Cereals & Grains
– Beverages
– Meat & Seafood
– Others
2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)
– Supermarkets & Hypermarkets
– Online
– Specialty Stores
– Others
3. Type Outlook (Revenue, USD Million, 2017 – 2030)
– Conventional
– USDA Organic
– EU Organic
4. Regional Outlook (Revenue, USD Million, 2017 – 2030)
– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa
Frequently Asked Questions
[Q]: What Factors are Driving the Organic Food and Beverages Market?
[A]: Factors such as increasing health consciousness among consumers, growing demand for organic products due to their environmental-friendly production process and increasing awareness about the benefits of organic food and beverages are driving the organic food and beverages market.
[Q]: Who are the Key Players in the Organic Food and Beverages Market?
[A]: Key players in the organic food and beverages market include Whole Foods Market, Inc., Hain Celestial Group, Inc., The WhiteWave Foods Company, Dean Foods Company, General Mills, Inc., and Nature’s Path Foods Inc.
[Q]: What is the Potential of Product Innovation?
[A]: Product innovation is a key factor that will drive the organic food and beverages market growth. Consumers are becoming more aware of the benefits of organic food and beverages, and they are increasingly looking for products that are healthy, natural, and safe. Companies are focusing on innovating new products to cater to the changing needs of consumers.
[Q]: What are the Different Types of Organic Products Available?
[A]: Common types of organic products available in the market include organic fruits and vegetables, organic dairy and meat products, organic snacks and beverages, organic packaged food, organic condiments, and organic health and beauty products.
[Q]: Which Region Offers the Largest Opportunity for Sales of Organic Food and Beverages?
[A]: North America is expected to be the largest and the most lucrative market for organic food and beverages, with an absolute dollar opportunity of US$ 41.9 billion. This is attributed to factors such as the increasing health-consciousness among consumers and the growing demand for organic products.
Research Methodology
Impact Analytix employs a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation which looks market from three different perspectives. Critical elements of the methodology employed for all our studies include:
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For a comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia, and trade journals. Technical data is also gathered from an intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, and pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression, and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, industry experience, and domain expertise.
Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of the technology landscape, regulatory frameworks, economic outlook, and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:
Market drivers and restraints, along with their current and expected impact
Raw material scenario and supply v/s price trends
Regulatory scenario and expected developments
Current capacity and expected capacity additions up to 2030
We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.
Primary validation
This is the final step in estimating and forecasting our reports. Exhaustive primary interviews are conducted, face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts, and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation but also provide critical insights into the market, current business scenario, and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:
Market-leading companies
Raw material suppliers
Product distributors
Buyers
The key objectives of primary research are as follows:
To validate our data in terms of accuracy and acceptability
To gain an insight into the current market and future expectations
To request a free sample copy of this report, please complete the form below.
We value your investment and offer free customization with every report to fulfil your exact research needs.
