DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lpw4n7/global_organic) has announced the addition of the Organic Food and Drink Market - 2013 Report to their offering.
Global Organic Food and Drink Market to Grow at a CAGR of 14.3 Percent Over the Period 2012-2016
The report provides an in-depth market analysis with inputs from industry experts. Commenting on the report, an analyst from the team said: Organic farming involves the production of crops without the use of chemical fertilizers and synthetic pesticides. Organic farming provides long-term benefits to the environment and consumers. The Global Organic Food and Drink market is witnessing the increasing adoption of organic farming methods because of the increasing demand for organic food products. Governments of various nations are offering strong support and are promoting organic farming as it will increase the contribution of the Agricultural sector to the GDP of their respective countries. This will contribute toward reducing the supply shortage in the supply chain as the market enters next stages of growth. Organic farming also has a positive impact on the biodiversity and enables effective soil management, which could go a long way in mitigating and even reversing the effects of climate change, as also minimizing carbon emissions. Thus, the adoption of organic farming is a positive trend that could propel the growth of the market during the forecast period.
According to the report, one of the major drivers in this market is the increasing purchasing power of consumers. The improvement in the economic growth in developed and developing countries has resulted in higher disposable income, thereby leading to the increasing purchasing power of consumers. Thus, consumers can afford to buy organic foods and drinks, which are generally priced higher than conventional food products. This will tend to increase the growth prospects of the market during the forecast period.
One of the major challenges in this market is the higher cost of organic food products when compared with conventional food products. The high cost of organic foods will restrict the purchase of these products to the affluent class of consumers. As a result, organic food will not be affordable to a majority of consumers, which could reduce the profitability of the market.
Key Topics Covered
1. Executive Summary
2. List of Abbreviations
3. Introduction
4. Market Research Methodology
5. Scope of the Report
6. Market Landscape
7. Geographical Segmentation
8. Vendor Landscape
9. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Key Vendor Analysis
Companies Mentioned
- AMCON Distributing
- Amy's Kitchen
- Clif Bar & Co.
- Dean Foods
- Dole Food
- EVOL Foods
- Frito-Lay
- Hain Celestial
- Newman's Own
- Organic Valley
- Spartan Stores
- Stonyfield Farm
- United Natural Foods
- Whole Foods Market
- the Kroger Co.
For more information visit http://www.researchandmarkets.com/research/lpw4n7/global_organic
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