Organic food and beverage market to reach $860.62 billion globally by 2031 at a CAGR of 14.9%: Allied Market Research


Rising environmental concerns regarding the use of harmful chemicals in agriculture and animal husbandry are driving the growth of the global organic food and beverage market.

PORTLAND, Oregon., March 31, 2022 /PRNewswire/ — Allied Market Research recently released a report titled, “Organic Food and Beverage Market by Product Type (Organic Food and Vegetables, Organic Meat, Fish and Poultry, Organic Dairy, Organic Frozen and Processed Food, Organic Non-Dairy Beverages, Organic Coffee and Tea, Organic Beer and Wine and Others Organic Food & Beverages), Processes (Processed and Unprocessed) and Distribution Channel (Supermarket/Hypermarket, Specialty Stores, Convenience Stores, Online Sales Channel and Others): Global Opportunity Analysis and Industry Forecast, 2022- 2031.” According to the report, the global organic food and beverage industry generated $187.48 billion in 2020, and should reach $860.62 billion by 2031, with a CAGR of 14.9% from 2022 to 2031.

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Drivers, constraints and opportunities

Rising environmental concerns over the use of harmful chemicals in agriculture and farming, rising prevalence of chronic diseases such as cancer, diabetes and cardiovascular disease, and rising expenses are driving the growth of the global organic food and beverage market. However, the high price of organic products and low shelf life are limiting the market growth. On the other hand, the trend of health awareness and increasing demand for clean label food and beverage products are creating new opportunities in the coming years.

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Covid-19 scenario

  • The Covid-19 pandemic has had a positive impact on the organic food and beverage market. Rising health awareness and consumer orientation towards healthy food intake to improve immunity has increased the demand for organic foods and beverages during the pandemic.

  • According to the Organic Trade Association, the United States saw record sales volume of organic food and non-food items in 2020. Revenue generated in the United States was nearly $61.9 billion in 2020.

The organic coffee and tea segment will maintain its leading status by 2031

Based on product type, the organic coffee and tea segment held the highest share in 2020, contributing more than one-fifth of the global organic food and beverage market, and is expected to maintain its leading status in by 2031. This is attributed to the need to maintain balanced health. However, the organic meat, fish and poultry segment is expected to experience the highest CAGR of 15.5% from 2022 to 2031, owing to its preference for people seeking weight management and weight loss. because they do not contain fat or cholesterol.

The supermarket/hypermarket segment will continue its dominance throughout the forecast period

Based on distribution channel, the supermarket/hypermarket segment accounted for the largest market share in 2020, holding over one-third of the global organic food and beverage market, and is expected to maintain its revenue dominance throughout. throughout the forecast period. This is attributed to the increased penetration of supermarkets and hypermarkets in developed regions and the preference for retail outlets for purchasing all types of food and beverages. However, the online sales channel segment is expected to register the fastest CAGR of 15.6% from 2022 to 2031, owing to the increase in online grocery penetration and different commerce platforms. electronics, improved internet access, increased adoption of smartphones, and an increase in the number of internet users.

North America maintain its leading position by 2031

Based on the region, North America contributed the highest market share in terms of revenue in 2020, accounting for nearly half of the global organic food and beverage market, and is expected to maintain its leading position by 2031. This is attributed to the huge demand for organic food and beverage products, increased consumer awareness of the health benefits of organic products, and increased health expenditure. However, Asia Pacific is estimated to manifest the fastest CAGR of 18.0% during the forecast period. This is due to the rapid increase in the number of agricultural lands dedicated to organic farming, the presence of a huge population and the increased awareness of the benefits of organic food products in the region.

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Main market players

  • WhiteWave Foods Co.

  • Hain Celestial Group, Inc.

  • General Mills Inc.

  • United Natural Foods, Inc.

  • SpartanNash Company

  • Amy’s Kitchen, Inc.

  • Dean Foods Company

  • Starbucks Corporation

  • The Kroger Company.

  • Whole Foods Market, Inc.

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Allied Market Research (AMR) is a full-service market research and business advisory division of Allied Analytics LLP based in Portland, OR. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.

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SOURCE Allied Market Research

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