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Jan 07, 2021 (Heraldkeepers) —
Market Overview:
The market players have increased their levels of investment in research to identify right formulation and to improve product functionality in order to capture lion’s share and create brand recognition in organic foods & beverages market. Also, government authorities, NGOs, and farmer organizations in developing countries are promoting organic farming by financial support, market information, and trends in organic food market. Developing countries are providing subsidies to small farmers for organic farming. NGOs, farmer organizations, traders are conducting training programs to encourage farmers for adopting organic farming. Government and non-government organizations such as FiBL (Switzerland), APEDA (India), and USDA (U.S.) support conventional farmers to switch to organic farming. All these efforts from government and NGOs are boosting the consumption of organic foods & beverages.
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Leading Key Players
The key players profiled in organic food & beverages are Amys Kitchen Inc., Dean Food Company, General Mills Inc., Hain Celestial Group, Inc., SpartanNash Company, Kraft Foods Group Inc., The Kroger Co., and Whole Foods Market, Inc. among many others.
GlobalOrganic Food and Beverages Marketis segmented under the following regions mentioned below:
North America
Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
Asia-Pacific
- China
- India
- Australia
- Singapore
- Rest of Asia Pacific
Rest of the world
- Brazil
- Argentina
- Saudi Arabia
- South Africa
- Others
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Regional Analysis
However, Asia Pacific region is expected to witness highest growth as compared to the other regions. Increasing demand for clean label products, huge investments in R&D, and new product development by market players along with government initiatives and funds to support farmers to shift from conventional farming to organic farming has created lucrative opportunities for the growth of organic food & beverages market in Asia-Pacific region.
COMTEX_377348117/2582/2021-01-07T06:24:24
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The MarketWatch News Department was not involved in the creation of this content.