According to Stratistics MRC, the global Organic Food and Beverage Market accounted for $89.8 billion in 2015 and is expected to grow at a CAGR of 14.9% to reach $238.4 billion by 2022. Growing consumer awareness, rising government support for organic agriculture, increasing interest of large retailers, health benefits and the promotion by regulatory and government authorities of several countries for organic food and beverages over the conventional foods are some of the major factors driving the market growth. However, high cost and lack of awareness on availability of products are some of the major restraints hampering the market. Moreover, growing usage of organic products provides a significant growth opportunity for the market.
In Organic Food and Beverages, organic foods segment is expected to grow with a highest share during the forecast period owing to its government funding and growing digit of retailers providing a variety of organic products. North American organic food and beverages market accounted more than 90% of share and dominated the global organic food and beverages market. Asia Pacific is witnessed to be the fastest growing market over the forecast period.
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Some of the key players in this market include Conagra Foods Inc., Amy’s Kitchen Inc., Kraft Foods Group Inc., Eden Foods, Dean Foods Co., Organic Valley, Dakota Beef LLC, Whole Foods Market Inc., Tesco plc, Waitrose Ltd., Koninklijke Ahold, Florida Crystals Corporation, Carrefour, Hipp Gmbh & Co. and REWE.
• Organic Food
o Organic Fruits and Vegetables
o Organic Dairy Products
o Fish and Poultry Products
o Packaged Grocery
o Frozen and Processed Foods
• Organic Beverages
o Organic Coffee and Tea
o Organic Non-Dairy Beverages
o Organic Beer and Wine
• Fresh Organic Foods
• Processed Organic Foods
• Organic retailers
• Super Markets
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o South Africa
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– Market share assessments for the regional and country level segments
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– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 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
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Company Name: Stratistics Market Research Consulting
Contact Person: James Lamb
Country: United States