The report “Organic Food & Beverages Market Analysis and Segment Forecasts to 2020,” is available now to Grand View Research customers.
Further key findings from the study suggest:
- Organic fruits and vegetables emerged dominated the product market, accounting for over 35% of global market revenue in 2013. However, meat, fish & poultry are expected to be the fastest growing organic food products, at an estimated CAGR of 14.6% from 2014 to 2020.
- North American market for organic food and beverages was valued at over USD 38 billion in 2013. U.S. dominated the North American market for organic food & beverages and accounted for more than 90% of the regional market in 2013. However, Asia Pacific is expected to be the fastest growing market for organic food & beverages at an estimated CAGR of 28.5% from 2014 to 2020. Japan dominated the Asian market for organic food and beverages accounting for over 44% of total market revenue in 2013. China is projected to be the fastest growing country at an estimated CAGR of 29.4% from 2014 to 2020.
- Some of the major companies operating in the global market for organic food & beverages include Hain Celestial Group, Amy’s Kitchen Inc., Whole Foods Market, Organic Valley Family of Farms and Starbucks.
Sherry James
Grand View Research, Inc
Tel: +1-415-349-0058
www.grandviewresearch.com