Food & Beverage

Organic Foods

The term “organic” refers to the simplest way agricultural products are grown and processed.

How food is grown or raised might have a major impact on human’s mental and emotional health as well as the environment. It is common to know that, organic foods often have more beneficial nutrients. It does help people with allergies to foods, chemicals, or preservatives as it makes the symptoms lessen or go away when they regularly consume organic foods.

The increasing awareness about health benefits associated with the consumption of organic products has been driving the demand over the period.

According to a report, the global organic food and beverages market is expected to reach $327,600 million by 2022 from $115,984 million in 2015 at a CAGR of 16.4% from 2014 to 2022. Organic food is a growing industry and manufacturers are able to strive towards massive success in this sector!

A number of Organic Food Statistics for your reference :

  • Global organic food sales are predicted to reach $849.7 billion by 2028. (Globe News Wire)
  • Organic fruits and vegetables have 20 to 40% more antioxidants than conventional fruits. (National Public Radio)
  • Organic milk and meat can have around 50% more omega-3 fatty acids. (Science Daily)
  • Organic crops are 48% less likely to test positive for cadmium. (NCBI)
  • The organic coffee market will probably reach $20.78 billion by 2030.(Allied Market Research)
  • The organic baby food industry has a CAGR of 10.1%.(Allied Market Research)
  • The organic dairy market will grow to over $23 billion by 2023.(Statista)

Beverages

The beverage industry is competitive and offers a wide range of alcoholic and non-alcoholic products, including water, beer, dairy beverages, juices, energy and sports drinks, and wine.

Although COVID-19 has impacted the industry and made several changes, the beverage industry statistics indicates that the sectors still have opportunities for growth of new brands to strive and appeal to modern consumer preferences and rive innovation. 

Here’s the forecast of beverage industry :

  • By 2024, the global beverage industry will reach $1.8 trillion. (AP News)
  • The Asia Pacific is the largest food and beverage market globally. (Business Wire)
  • The global alcoholic beverage market is estimated at $1.49 trillion. (Statista)
  • The international tea market is valued at $55.1 billion. (Allied Market Research)
  • The juice sector makes $120 billion in revenue annually. (Statista)
  • People consume 465 billion liters of bottled water per year. (Statista)
  • Beer is the most profitable product on the alcoholic market, generating $109 billion in revenue in 2021. (Statista)
  • The bubble tea industry is expected to reach $4.3 billion by 2027. (Allied Market Research)