Organic Food and Beverages Market Revenue to Attain USD 895 Bn by 2033
23 Oct 2024
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Organic Food and Beverages Market Revenue and Trends
The global organic food and beverages market revenue was valued at USD 281.82 billion in 2024 and is expected to attain around USD 895 billion by 2033, growing at a CAGR of 13.7% during the forecast period. The demand for organic food and beverages is increasing due to the increasing awareness about the health benefits associated with organic food.
Market Overview
Organic food and beverages are made from ingredients produced by organic farming, which helps maintain ecological balance and biodiversity. These ingredients are cultivated without the use of synthetic fertilizers. The increasing environmental concerns and the awareness of risks associated with the use of synthetic fertilizers or inorganic chemicals are boosting the demand for organic food and beverages. The outbreak of COVID-19 led to an increased demand for organic food due to the rising awareness about healthy eating.
The market is experiencing significant growth due to changing dietary patterns and the rapid shift toward healthy eating habits. Moreover, increasing health consciousness among consumers boosts the demand for natural, chemical-free food items, such as fruits and vegetables, thus fueling the growth of the market.
Highlights of the Organic Food and Beverages Market Report
On the basis of product, the organic food segment dominated the global market with the largest share in 2023. This is mainly due to the increased adoption of organic fruits and vegetables among consumers due to the growing awareness about the drawbacks associated with conventional farming. On the other hand, the organic beverages segment is expected to grow rapidly in the near future due to the increasing consumption of tea, coffee, and fruit juices.
Based on distribution channel, the offline segment held the largest share of the market in 2023, owing to the easy availability of organic food and beverages in supermarkets and hypermarkets. Offline stores stock the products and are also convenient for purchasing. However, the online segment is anticipated to expand at a rapid pace during the forecast period. The segment growth is attributed to the increasing trend of online grocery shopping.
Organic Food and Beverages Market Trends
Rising awareness about drawbacks of inorganic food: The demand for organic food, such as fruits and vegetables, has increased in recent years due to the rising awareness about the drawbacks associated with inorganic food grown by conventional farming. Moreover, people are becoming more aware of the organic farming practices and health benefits associated with the consumption of natural food ingredients, thus boosting the market growth.
Rising demand for clean-label products: The demand for clean-label and non-GMO products is increasing due to the increasing number of health-related issues associated with genetically modified foods.
In July 2024, Ingredion launched its two new clean-label citrus fiber ingredients, FIBERTEX CF 500 and FIBERTEX CF 100. These are derived from natural sources that offer multiple benefits and can replace volatile ingredients like oils, eggs, tomato solids, and more.
Increasing consumption of packaged food: The increasing consumption of packaged and ready-to-eat food is likely to create immense opportunities in the market. Various food manufacturers are incorporating natural ingredients in their food items to cater to consumers’ varying demands.
Regional Insights
In 2023, North America led the organic food and beverages market with the largest share. The demand for organic food and beverages has increased in the region as a result of high awareness about the drawbacks of synthetic chemicals and artificial additives used in conventional food products. The increasing health consciousness among consumers further contributed to regional market growth. On the other hand, Asia Pacific is projected to witness the rapid growth in the market in the coming years. This is mainly due to the rising organic farming practices and increasing vegan culture in the region.
Organic Food and Beverages Market Coverage
Report Attribute
Key Statistics
Market Revenue in 2024
USD 281.82 Billion
Market Revenue by 2033
USD 895 Billion
CAGR
13.7% from 2024 to 2033
Quantitative Units
Revenue in USD million/billion, Volume in units
Largest Market
North America
Base Year
2023
Regions Covered
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa
Market News
In March 2024, Incredo launched its Incredo Sugar G2, a clean-label product for North America and Europe. It is made from a combination of real sugar and proteins and is available in plant-based and dairy-based options.
In January 2024, Straus Family Creamery added low-fat kefirs to its organic dairy products. Kefirs are produced through the slow fermentation of whole and nonfat milk, which is blended and set with live and active culture. They can be combined with snacks or used as a buttermilk alternative.
In February 2023, Wholesome Organics launched its product Clean Energy Shot, which has functional benefits. It is formulated with a yerba mate caffeine base and contains zero calories, B12 vitamins, and no added artificial flavors.
Market Segmentation
By Product
Organic Food
Fruits & Vegetables
Meat, Fish & Poultry
Dairy Products
Frozen & Processed Food
Others
Organic Beverages
Non-dairy Beverages
Coffee & Tea
Beer & Wine
Others
By Distribution Channel
Offline
Online
By Process
Processed
Unprocessed
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