Showing posts with label Market Research Report. Show all posts
Showing posts with label Market Research Report. Show all posts
Organic Food and Beverage Market Is Expected to Reach USD 187.85 Billion by 2019: Transparency Market Research
Transparency Market Research has launched a new market report titled
"Organic Food (Fruits & Vegetables, Meat, Fish & Poultry products,
Dairy products, Frozen & Processed foods, & others) & Organic
Beverages (Non - dairy beverages, Coffee & Tea, Beer & Wine, &
Others) Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2013 - 2019". According to the report, the demand for organic
food & beverages was valued at USD 70.70 billion in 2012 is expected to
reach USD 187.85 billion by 2019, growing at a CAGR of 15.5% from 2013 to 2019.
Browse the full report with complete TOC: http://www.transparencymarketresearch.com/organic-food-beverages-market.html
The global market has witnessed growth in recent times due to increasing
consumer health awareness. In addition, widening distribution channels and
increased government regulation and intervention are some of the other factors
contributing towards the market growth. Shorter shelf life of the organic
products and high prices of the raw materials are the major growth barriers of
the market. However, increased R&D efforts for new products development
provides huge market opportunity for the market players.
In 2012, organic food dominated the global market and accounted for
80.6% share of the overall demand. Organic fruits & vegetables led the food
segment and accounted for 38.9% share of the market and are expected to
maintain their dominance over the next six years. Organic dairy products are
expected to grow at a CAGR of 14.1% from 2013 to 2019 due to advancement in
technologies which provide products with an extended shelf life. Organic meat,
fish & poultry products occupied a very small share in the current market
but are expected to increase their market share in future due to development of
new and innovative products in this segment and is expected to exhibit the
fastest growth rate of 14.6% from 2013 to 2019.
Organic coffee & tea and non dairy beverages were the market leaders
in the organic beverages space. Organic coffee & tea accounted for 39.8% of
the total beverage revenue share in 2012. Organic beer & wine beverage are
expected to grow at a rate of 24.5% from 2013 to 2019. Organic beverages
markets are witnessing growth due to increasing consumer awareness regarding
health benefits associated with it. Moreover, due to their finished quality and
better formulation flexibility, the market is witnessing a steady rise, which
leads them to gain a significant position in the market.
Organic foods are produced using animal and environment friendly farming
methods. Globally, organic farming is practiced in 162 countries. In 2011,
there were 37.2 million hectares of organically managed farmland and organic
farming accounted for 0.86% share of the agricultural land. The report provides
a strategic analysis of the global market for organic food & beverages, and
growth forecast for the period from 2013 – 2019.
The market is segmented into organic food and organic beverages. In
organic food the market is broadly segmented into organic fruits &
vegetables, organic meat, fish & poultry products, organic dairy products
(milk, yoghurt, cheese, butter, and ice cream), organic frozen & processed
food and others (condiments, tofu, sweeteners and seasonings). Organic fruits
& vegetable accounted for more than 36% share of the market and organic
meat, fish & poultry products is expected to exhibit the fastest growth
rate among other products. Organic beverages market is segmented into organic
non - dairy beverages, organic coffee & tea, organic beer & wine, and
others (beverages excluding beer & wine). Organic coffee and tea accounted
for more than 35% share of the global organic beverages market.
About Us:
Transparency Market Research is a market intelligence company providing
global business information reports and services. Our exclusive blend of
quantitative forecasting and trends analysis provides forward-looking insight
for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers
and Consultants, who use proprietary data sources and various tools and
techniques to gather, and analyze information. Our business offerings represent
the latest and the most reliable information indispensable for businesses to
sustain a competitive edge.
Contact:
Transparency Market
Research
90 State Street,
Suite 700, Albany,NY –
12207,
United States
Tel: +1-518-618-1030
Tel: +1-518-618-1030
USA - Canada Toll Free
866-552-3453
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