Organic Beverages Market to Grow at 15% till 2021
Growing concerns for
environment and health, deteriorating food quality and associated benefits of
organic products to drive global organic beverages market through 2021
According to TechSci Research report “Global Organic
Beverages Market By Type, By Region, Competition
Forecast and Opportunities, 2011 – 2021”, the global organic beverages market is anticipated to
grow at a CAGR of over 15% during 2016 – 2021 on account of
increasing lifestyle diseases, growing disposable income and rising
environmental concerns. Growing internet
penetration, aggressive marketing strategies by major companies and easy
availability on the back of robust distribution network are projected to boost
sales of organic beverages across the globe during the forecast period.
Browse 4 market data Tables and 96
Figures spread through 172 Pages and an in-depth TOC on "Global
Organic Beverages Market"
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In 2016, about 43.7 million hectares of agricultural
land was under organic cultivation, which was managed by over 2.3 million
producers across the globe. Globally, the adoption of organic farming is
increasing at a rapid pace as the government of countries across the globe are
taking initiatives to promote and encourage organic farming and use of organic
products, and have laid down favorable policies & regulations to increase
the quality standard of crops used in organic farming. Moreover, leading
players operating in global organic beverages market are offering products in
environment friendly packaging to lure consumers.
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In 2015, organic
coffee & tea dominated global organic beverages market owing
to increasing awareness among consumers regarding health, fitness and diet
coupled with growing consumer’s consciousness to reduce calorie intake due to
increasing number of diseases such as diabetes and obesity. Region-wise, Europe was
the largest demand generating region for organic beverages across the globe in
2015 due to improving lifestyle and growing awareness regarding the health
benefits associated with organic products.
“Increasing average household annual spending on food,
rising awareness about health benefits associated with organic foods, greater
accessibility of these products through small to medium scale retailers,
continuous development in supply chain network and implementation of
initiatives to encourage farmers to switch to organic farming are projected to
fuel organic food sales across the globe. Additionally, a number of organic
food manufacturers are also complying with international standards and are
labelling their products accordingly in order to increase acceptability of these
products across the globe.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global
Organic Beverages Market By Type, By Region, Competition Forecast & Opportunities,
2011 - 2021” has
evaluated future growth potential of global organic beverages market and
provides statistics and information on market structure, size, share and future
growth. The report is intended to provide cutting-edge market intelligence and
help decision makers to take sound investment evaluation. Besides, the report
also identifies and analyzes emerging trends along with essential drivers,
challenges and opportunities present in global organic beverages market.
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