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Global Organic Foods and Beverages Market is accounted for $102.76 billion in 2017 and is expected to reach $440.60 bill

Global Organic Foods and Beverages Market is accounted for $102.76 billion in 2017 and is expected to reach $440.60 bill

The Global Organic Foods and Beverages Market is accounted for $102.76 billion in 2017 and is expected to reach $440.60 billion by 2026 growing at a CAGR of 17.6% during the forecast period. Increasing awareness among consumers, availability of organic food through mainstream channels, adoption of new organic standards and regulations, globally increasing organic farmland and per capita rising income in developing parts of the world are the key driving factors for the market growth. However, high conversion cost to organic agriculture, unmet demand and high prices of organic foods are some of the factors hindering the market growth.

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Organic Food and Beverages Market Size, Share and Forecast 2022 with Top Competitors

Organic Food and Beverages Market Size, Share and Forecast 2022 with Top Competitors

Though establishment of exclusive diet centers, untapped geographical regions such as India, South Africa which are offering a rising demand, limited shelf life of organic foods pose limitations in the market. However, each factor would have its definite impact on the market during the forecast period.

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Organic Food and Beverages Market Trends Analysis by 2022

Organic Food and Beverages Market Trends Analysis by 2022

Organic foods and beverages offer ample advantages over conventional foods such as health benefits, free of harmful chemicals, and others.

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