Food & Beverage
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 :
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 :