(Entertainment-NewsWire.com, August 29, 2018 ) According to Publisher, the Global Organic Foods and Beverages Market is accounted for $102.76 billion in 2017 and is expected to reach $440.60 billion by 2026 growing at a CAGR of 17.6% during the forecast period. Increasing awareness among consumers, availability of organic food through mainstream channels, adoption of new organic standards and regulations, globally increasing organic farmland and per capita rising income in developing parts of the world are the key driving factors for the market growth. However, high conversion cost to organic agriculture, unmet demand and high prices of organic foods are some of the factors hindering the market growth.
Organic Food and Beverages are produced though organic farming and processing in which synthesized fertilizers and ingredients are limited for use. Moreover, foods that are marketed as organic must not hold any artificial food additives. Organic farming and foods have gained regard in the current years due to the rising consumer awareness on ill-effects of high chemical oriented farming and production. Additionally, the awareness among consumers has been further propelled by support from health institutes as well as food regulatory bodies.
Based on Product, the Organic Food segment accounted for considerable market share during the forecast period. Organic foods offer more than enough advantages over conventional foods such as health benefits, free of harmful chemicals, and others. By geography, North America held largest market share during forecast period. The easy availability of organic food and beverages through major retailers will further boost the market's growth in the region. The market is witnessing growth in the Americas due to the growing awareness among consumers about the benefits of organic products. The US and Canada contributed the majority of growth in terms of contribution towards the market in the Americas.
Some of the key players profiled in the Organic Foods and Beverages Market include Aeon Co Ltd, Albert's Organics Inc, Amy's Kitchen Inc, Applegate Farms, Carrefour, Clif Bar & Company, Coleman Natural Foods Llc, Conagra Foods Inc, Dakota Beef Llc, Dean Foods Company, Earthbound Farm Inc, Florida Crystals Corporation, General Mills Inc, Hain Celestial Group Inc and Hipp Gmbh & Co. Vertrieb Kg.
Distribution Channels Covered: -Retail -Wholesalers and Distributors
Regions Covered: -North America -Europe -Asia Pacific -South America -Middle East & Africa
What our report offers: -Market share assessments for the regional and country level segments -Market share analysis of the top industry players -Strategic recommendations for the new entrants -Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets -Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) -Strategic recommendations in key business segments based on the market estimations -Competitive landscaping mapping the key common trends -Company profiling with detailed strategies, financials, and recent developments -Supply chain trends mapping the latest technological advancements
