PR Newswire | 16 Nov, 2015
PUNE, India: The report "Organic Fruits & Vegetables Market by Crop (Organic Fruits, Organic Vegetables), Form (Fresh, Frozen, Puree, Powdered), End Use (Fresh Consumption, Food Processing), Distribution Channel, & by Region - Global Forecast to 2020", published by MarketsandMarkets, The Organic Fruits & Vegetables Market is projected to reach $62.97 Billion by 2020, at a CAGR of 9.4% from 2015.
Browse 230 market data Tables with 157 Figures across 271 Pages and in-depth TOC on "Organic Fruits & Vegetables Market"
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The market report defines and segments the market on the basis of crop, form, end use, distribution channel, and region. Analyses and projections of the market size of each of these segments in terms of value and volume have been provided. The driving and restraining factors for the Organic Fruits & Vegetables Market have been identified, with analyses of the trends and opportunities.
The Organic Fruits & Vegetables Market is categorized based on crop, into organic fruits and organic vegetables. Organic vegetables are further segmented into leafy greens and vegetables. These organic fruits and vegetables are further segmented into their subtypes. Based on form, the market is categorized into fresh, powdered, frozen, and puree. Based on end use, the market is segmented as fresh consumption and food processing. The major distribution channels of organic fruits and vegetables include supermarkets/hypermarkets, variety stores, and convenience stores. The geographical analysis in the report includes North America, Europe, Asia-Pacific, Latin America, and RoW.
The demand for organic fruits & vegetables is rising globally, driven by innovation in forms of product, packaging, storage methods and technology. The major factors that prompt consumers are the quality, nutritive value, and environmental sustainability of organic products. Even though these products are costlier than traditional ones, consumers are more than willing to pay for them due to the health benefits they offer. Organic fruits & vegetables are produced without the use of synthetic farming processes. They are available in puree, fresh, powdered, and frozen forms. The demand for organic fruits & vegetables is likely to grow with the increasing awareness among consumers regarding the health benefits of consuming organic products.
The Organic Fruits & Vegetables Market is projected to reach $62.97 Billion by 2020, at a CAGR of 9.4% from 2015. In 2014, North America was the largest market for Organic fruits and vegetables. The North American Organic Fruits & Vegetables Market was followed by Europe, Germany being the major contributor in the region. Asia-Pacific is projected to be the fastest-growing market for organic fruits and vegetables during the forecast period. The global Organic Fruits & Vegetables Market is projected to grow in the near future, owing to factors such as increasing health awareness, changing food habits, and technological advancements in the food & beverage industry.
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The report includes key strategies, along with the product portfolio of the leading companies in the market. It includes the profiles of the leading companies, such as The WhiteWave Foods Company (U.S.), General Mills, Inc., (U.S.), H. J. Heinz Company (U.S.), and CSC Brands L.P. (U.S.). The key players in the market are focusing on new product developments, acquisitions, joint ventures, and expansions of their production facilities to strengthen their position in the global market.
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