The increasing demand for organic beverages due to its benefits and features is a key factor expected to boost the organic beverages market share, says Fortune Business Insights in a report, titled “Organic Beverages Market Size, Share & Industry Analysis, By Type (Non-Alcoholic, Alcoholic), By Distribution Channel (Mass merchandisers, Convenience Stores, Online retails) and Regional Forecast, 2019-2026” the growing modernization of consumers and rising shift towards organic tea and organic coffee is predicted to enable healthy growth of the market during the forecast period.
List of prominent companies that are operating in the global Organic Beverages Market are:
o U.K. Ltd.
o Uncle Matt’s Organic
o Biotta Juices
o James White Drinks
o Phoenix Organics
o SMART JUICES, LLC.
o Oatly AB
o Wild Bunch & Co. LDA and Equinox Kombucha.
According to the report, the fruit and vegetable juice segment is expected to dominate the market owing to their associated natural benefits. The gym-goers, athletes, and other health-conscious consumers are including organic fruit and vegetable juices in their diet, such as cucumber juice, spinach juice, beet juice, and others. As organic tea and coffee are another beverage that is made up of organic milk and sugar-free sweeteners, they are witnessing huge demand from health-conscious consumers.
Furthermore, mass merchandisers such as supermarkets/hypermarkets are predicted to be the leading channels and majorly responsible for the sales growth of organic beverages. Huge consumer dependency on supermarkets/hypermarkets for the purchase of grocery and alcoholic products is expected to contribute significantly to the growth of the organic beverages market in the forthcoming years. Convenience stores and online retail stores are expected to register significant growth in the forthcoming years, owing to their convenience and consumer reach.
The report on organic beverages market size emphasizes on signifying a complete assessment of the market. It contains facts, thoughtful insights, historical information, industry-validated market information, and projections with a suitable set of assumptions and methodology. It offers valuable insights into all the notable developments of the market. It shares a complete overview of all the segments & parts of the market and also provides statistical data on all the regions. It is created after extensive research followed by an all-encompassing analysis to benefit companies, stakeholders, financers, and potential investors. Moreover, it also includes product launches, acquisitions, collaborations & partnerships, and industry developments.
Launch of Welch’s New Juice to Create New Sales Opportunities
The launch of welch new juice with organic content is predicted to spur demand among health-conscious consumers in the forthcoming years. For instance, in August 2018, Welch unveiled its new juice with natural energy booster from the organic coffee extracts. The launch of new juice is expected to help the company to build its brand portfolio and offer new products outside of the juice aisle.
Furthermore, the announcement of the vegan beverage by Mooala Brands is predicted to bolster the healthy growth of the market in the foreseeable future. For instance, in July 2016, Mooala Brands announced the launch of a new organic plant-based vegan beverage, made almond and coconut, which will be used for making hot coffee. The launch of the product is expected to enhance the company’s goodwill and, in turn, facilitate the growth of the organic beverages market.
Rising Consumption of Organic Beverages to Foster Growth in North America
North America is one of the leading regions and is predicted to grow rapidly during the forecast period. The increasing trend of health and wellness in the region has led to the high consumption of organic beverages among consumers. Consumers are adopting the meal replacement trend in various countries, such as the U.S. and Mexico, which is creating the demand for organic beverages in the countries.
Asia-Pacific is also one of the emerging regions with a huge potential for the organic beverages market. The consumption of non-alcoholic beverages is rising in countries such as India, China, and Australia. The rising economic conditions and growing wellness concerns among the consumers will create growth opportunities for the market in the forthcoming years.
Major Segments includes:
o Fruit and Vegetable Juice
By Distribution Channel
o Mass merchandisers
o Convenience Stores
o Online retails
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