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Food and Beverages Tech Review | Friday, August 09, 2019
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The GMO-free content, increased nutrient richness, zero growth hormones, and antibiotics, fewer pesticides, rejuvenated freshness levels, are supplied by organic food to the human body. Its development on a global scale was much overdue
FREMONT, CA: Organic food—food that is grown under a natural system of agriculture or processed with organically produced raw materials—is gaining popularity these days. The rise has primarily been a by-product of the growing awareness of health consciousness. Organic food has been encouraged due to the benefits it posses towards good quality health.
The Big Picture:
The region-wise bifurcation of the trend by market researchers in the food and beverage industry depicts that North America has control over 40 percent of the revenue generated globally. It has been dominating the organic food market scene with the highest annual growth rate. Europe occupies a second position as the consumer of organic produce and accounts for 33 percent of the total revenue share in the market globally. The foreseen development is initiated by transforming the outlook of the populace towards a robust way of life and the increased mindfulness about the medical benefits of organic food. The widespread availability of organic products in most retail outlets has made it advantageous for buyers to buy these items.
Asia-Pacific in Trends:
The increment in CAGR is significantly noted in regions of Asia-Pacific, it is mostly attributed to the transforming ways of life and improvement in the customer discretionary cashflow.
The Asian market imports processed organic food and beverage in significant amounts from countries like Europe and North America. The industrialized countries such as Australia, New Zealand, Japan, Singapore, Hong Kong, and Korea are significant markets for organic food and beverage in the Asia Pacific. The increase in demand for products in developing countries like India and China is identified as a result of awareness about the benefits of organic food and beverage.
Organic food items are gaining traction for mostly straightforward reasons like GMO-free content, nutrient richness, zero antibiotics, zero growth hormones, fewer pesticides, improved freshness levels, and better environmental stability. That said, with increased alertness amongst individuals, in due time, the organic products will overpower all the conventional food items in the market globally.
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