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The Global Organic Beverage Market size was worth US$ 20.31 billion in 2020, and it is estimated to reach a valuation of US$ 47.78 billion by the end of 2025<br><br>Request Sample: https://www.marketdataforecast.com/market-reports/organic-beverage-market/request-sample<br>
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Global Organic Beverage Market estimated to garner a CAGR of about 13% Market overview: The global organic beverage market was worth $ 20.31 billion in 2019, and is expected to reach $ 477.8 billion by 2025 with an average annual growth rate of 13% over the outlook period. Organic beverages are a type of drink that is free of synthetic pesticides, growth hormones, artificial and genetically modified flavors, colors and preservatives. Organic drinks offer a variety of health benefits. Market Drivers and Restrains: People's growing concern about health problems is accelerating the growth of organic beverages. Consumers prefer organic drinks to those that are high in sugar, high in chemicals, and low in nutritional value. There is no question that there is growing interest in organic sodas that do not use preservatives or artificial flavors. High demand for products around the world and rising levels of disposable income in developing countries are some of the key factors driving market growth. Demand will increase when products with new flavors and ingredients like turmeric, aloe vera and activated charcoal are placed in attractive, portable packaging. The demand for decaffeinated sugar-free beverages will also increase the demand for products in the future. Organic beverages without the use of synthetic pesticides and without flavorings or preservatives meet the needs and demands of consumers. Recently, consumers are paying attention to their health, whether they drink or eat. This important factor is expected to drive demand for organic beverages during the forecast period. However, organic drinks are quite expensive compared to conventional drinks. This may hamper the growth of the market in the near future as it is favored mainly by the middle-class population and cheaper for other income groups. Some of the market-related constraints are the higher prices of organic food compared to conventional food and the shorter shelf life of the organic food and beverage industry. To know more read: https://www.marketdataforecast.com/market-reports/organic-beverage-market Report is segmented as:
According to the product, the market is divided into fruit drinks, non-dairy drinks, beer and wine, coffee and tea, etc. Non-dairy beverages accounted for the largest market share in 2019. These products are made with sauces such as legumes, plant ingredients, nuts and grains to function as functional beverages. Based on the distribution channels, the market has been segmented into offline and online. Online distribution channels are expected to grow faster from 2019 to 2025 with a CAGR of 13.6%. Geographical Segmentation: North America is expected to be the largest organic beverage market in terms of volume and value of consumption during the forecast period. But the Asia Pacific market is expected to show favorable growth during the forecast period. Factors such as changes in consumer preferences for a healthy lifestyle, combined with the consumption of products containing pure, natural ingredients, are expected to support the growth of the organic beverage market during the forecast period. Growing awareness of organic products among consumers and the continued launch of new product variants is expected to support the organic beverage market in Asia Pacific. Key market players: Some of the leading players in the global market are Boncafe International Pte. Limited.; Uncle Matt's Organic, Inc.; Parker Organic Juices; Organic Bison Beer; Hain Celestial; The Coca-Cola Co.; Whitewave Foods Company.; Belvoir Fruit Farms Ltd and PepsiCo, Inc. View sample and decide: https://www.marketdataforecast.com/market-reports/organic-beverage-market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/