DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Organic Food and Beverages Market by Organic Food, and Organic Beverages - Global Opportunity Analysis and Industry Forecast, 2014-2022" report to their offering.
In the year 2015, the global organic food and beverages market accounted for $115,984 million, and is estimated to grow at a CAGR of 16.4% to reach $327,600 million by 2022.
The change in distribution channel for organic food also fuels the market growth. For instance, major retail stores such as Walmart are arranging separate floor space for the organic foods. The rise in awareness regarding advantages of organic food, increasing income levels, improving standards of living, advent of social media, establishment of exclusive diet centers, invention of new eco-friendly farming techniques, increase in environmental and health concerns push the market to grow.
Less shelf life and high price of the organic foods are factors which decelerate the growth of the market. Increase in funds investment and use of online distribution channel are expected to create growth opportunities in the future. For instance, the Confederation of Indian Industry (CII) has estimated, that food processing industry in India has potential to attract a worth of $33 billion by 2026.
The global market is segmented based on the product type and geography. By product type, the market is further bifurcated into organic foods and organic beverages. The organic food segment is divided into organic fruits and vegetables, organic meat, fish & poultry, organic dairy products, organic frozen & processed foods, and other organic foods. The organic beverage segment includes organic nondairy beverages, organic coffee & tea, organic beer & wine, and other organic beverages.
The key players in the world caps and closures in food and beverage market are:
- Amy's Kitchen Inc.
- Dean Foods Company
- General Mills Inc.
- Hain Celestial Group, Inc.
- SpartanNash Company
- Starbucks Corporation
- The Kroger Co.
- United Natural Foods, Inc.
- The WhiteWave Foods Co.
- Whole Foods Market Inc.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 World Organic Food And Beverages Market By Organic Foods (Product Type)
Chapter 5 World Food And Beverages Market By Organic Beverages (Product Type )
Chapter 6 World Organic Food And Beverages Market By Geography
Chapter 7 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/qdmkpm/organic_food_and