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.
North America dominated
the market and accounted for over 48% of the global demand in 2012 followed by Europe which accounted for 45.6% share for the same
year. This dominance is driven by new product launches and widening
distribution channels. Growing demand for organic food, increasing spending
habits, life quality, and changing trends in ethnicity are expected to drive
organic food & beverages market in Asia Pacific.
Organic Food Market: Product
Analysis
- Organic Fruits & Vegetables
- Organic Meat, Fish & Poultry Products
- Organic Dairy Products
- Organic Frozen & Processed Food
- Others
Organic Beverages Market: Product
Analysis
- Organic Non - dairy Beverages
- Organic Coffee & Tea
- Organic Beer & Wine
- Others
Organic Food & Beverages Market:
Regional Analysis
- North America
- U.S.
- Other
- Europe
- Germany
- Other
- Asia Pacific
- Japan
- China
- Other
- RoW
- Brazil
- Other
About Us
Transparency Market Research is a
global 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 data repository is continuously
updated and revised by a team of research experts, so that it always reflects
the latest trends and information. With a broad research and analysis
capability, Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research material
for business reports.
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Posts
0 comments:
Post a Comment
Note: only a member of this blog may post a comment.