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Natural Food & Drinks Market by Product Type (Natural Food and Natural Drinks) and Distribution Channel (Supermarkets/Hypermarkets, Natural or Health Food Store, Discount Store, Farmers Market, Online Sales, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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Pages: 130
Jul 2017 | 2835 Views
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Author's : Yash Doshi
Tables: 61
Charts: 35
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Natural Food & Drinks Market Overview:

Global Natural Food & Drinks Market was valued at $79,137 million in 2016, and is estimated to reach $191,973 million by 2023, growing at a CAGR of 13.7% from 2017 to 2023. Natural food & drinks are minimally processed and free of artificial sweeteners, colors, flavors and additives like hydrogenated oils, stabilizers and emulsifiers. But there is no certification or inspection system to ensure that the label is accurate. Nonetheless, this market possesses high growth potential, owing to the fact that several foodservice providers, such as restaurants & hotels are inclined towards providing healthy food & drinks to cater to the needs of health-conscious consumers.

Currently, consumer behavior is more inclined towards the health & wellness, safety, social impact, and experience in their food purchasing decisions along with the traditional values such as convenience, price, and taste. Thus, increase in emphasis on health & wellness drives the growth of the global natural food & drinks market. Moreover, rise in awareness for healthy food ingredients is expected to deliver the substantial growth opportunity to industry players.

The natural food & drinks market is segmented based on product type, distribution channel, and geography. On the basis of product type, the market is categorized into natural food and natural drinks. Natural food segment is further classified into fruits & vegetables, meat, fish & poultry products, frozen & processed foods, dairy products, and others. Natural drinks segment is further sub-segmented into non-dairy beverages, coffee & tea, beer & wine, and others. Based on distribution channels, it is classified into supermarkets/hypermarkets, natural or health food store, discount store, farmers market, online sales, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The report highlights various factors that impact the growth of the global market, such as key drivers, restraints, growth opportunities, and the role of different key players. It presents the quantitative data which are obtained from the secondary sources, such as company publications, Factiva, Hoovers, OneSource, and others.

Global Natural Food & Drinks Market Segmentation

Global Natural Food & Drinks Market Segmentation

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In 2016, North America dominated the global natural food & drinks market, followed closely by Europe. Asia-Pacific is expected to witness the highest growth rate from 2017 to 2023, owing to increase in population, rise in income, and change in lifestyle & food preferences.

Natural Food & Drinks Market Share, By Geography, 2016 (%)

Natural Food & Drinks Market Share, By Geography, 2016 (%)

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Top Investment Pockets

In 2016, China was the most lucrative market, followed Canada, Germany, U.S. and France. This is attributed to the increased spending on health and wellness and a willingness to pay premium on healthy food. Furthermore, businesses involved in agricultural processing and more engrossment of natural food production & distribution activities boost the growth of the market in these countries.

Top Investment Pockets, By Country

Top Investment Pockets, By Country

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North America Natural Food & Drinks Market

In 2016, North America accounted for the highest share in the global natural food & drinks market, owing to the presence of major natural food & drinks manufacturers and retailers along with the presence of favorable regulatory policies in the region. U.S. dominated the North American natural food & drinks market in 2016, in terms of revenue.

Canada Natural Food & Drinks Market, 2016-2023 ($Million)

Canada Natural Food & Drinks Market, 2016-2023 ($Million)

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The key players profiled in the report include Archer Daniels Midland Company, Bunge Ltd, Earth’s Best, Amy's Kitchen, Nestle S.A., 365 Everyday Value, Organic Valley, ConAgra Foods, Dean Foods, and General Mills.

The other major players (not profiled in report) in the market include Tyson Foods, Grupo Bimbo, S.A.B. de C.V., Hain Celestial Group, Hormel Foods Corporation, Global Natural Foods Inc., and Ecovia Intelligence.

Key Benefits for Stakeholders

  • This report provides an extensive analysis of the current and emerging market trends and dynamics of the global natural food & drinks market.
  • The market trend analysis for all the regions is conducted by constructing estimations for key segments between 2017 and 2023 to identify the prevailing opportunities.
  • The report assists to understand the strategies adopted by the leading companies in the industry.
  • This study evaluates competitive landscape of the natural food & drinks industry to understand the market scenario globally.
  • Extensive analysis is conducted by key player positioning and monitoring the top competitors within the global market.

Natural Food & Drinks Market Key Segments:

By Product Type

  • Natural Food
    • Fruits & Vegetables
    • Meat, Fish, & Poultry Products
    • Frozen & Processed Foods
    • Dairy Products
    • Others
  • Natural Drinks
    • Non-dairy Beverages
    • Coffee & Tea
    • Beer & Wine
    • Others

By Distribution Channel

  • Supermarkets/Hypermarkets
  • Natural or Health Food Store
  • Discount Store
  • Farmers Market
  • Online Sales
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Switzerland
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

Chapter: 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

Chapter: 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

Chapter: 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top winning strategies

3.3. MARKET SHARE ANALYSIS
3.4. PATENT ANALYSIS

3.4.1. Patent publication by year
3.4.2. Patent publication by company
3.4.3. Patent publication by region

3.5. PORTER’S FIVE FORCES ANALYSIS
3.6. MARKET DYNAMICS

3.6.1. Drivers

3.6.1.1. Consumer inclination towards health & wellness
3.6.1.2. Change in lifestyle and food preferences
3.6.1.3. Growing awareness for freshness and food ingredients

3.6.2. Restraints

3.6.2.1. Relatively high cost of natural food & drinks along with short storage life

3.6.3. Opportunities

3.6.3.1. Increase in educated young people

Chapter: 4. GLOBAL NATURAL FOOD & DRINKS MARKET, BY PRODUCT TYPE

4.1. INTRODUCTION

4.1.1. Market Size and Forecast

4.2. NATURAL FOOD

4.2.1. Fruits & Vegetables
4.2.2. Meat, Fish & Poultry Products
4.2.3. Frozen & Processed Foods
4.2.4. Dairy Products
4.2.5. Others
4.2.6. Key Market Trends, Growth Factors and Opportunities
4.2.7. Market Size and Forecast

4.3. NATURAL DRINKS

4.3.1. Non - Dairy Beverage
4.3.2. Coffee & Tea
4.3.3. Beer & Wine
4.3.4. Others
4.3.5. Key Market Trends, Growth Factors and Opportunities
4.3.6. Market Size and Forecast

Chapter: 5. GLOBAL NATURAL FOOD & DRINKS MARKET, BY DISTRIBUTION CHANNEL

5.1. INTRODUCTION

5.1.1. Market Size and Forecast

5.2. SUPERMARKETS/HYPERMARKETS

5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast

5.3. NATURAL OR HEALTH FOOD STORE

5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast

5.4. DISCOUNT STORE

5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast

5.5. FARMERS MARKET

5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Size and Forecast

5.6. ONLINE SALES

5.6.1. Key Market Trends, Growth Factors and Opportunities
5.6.2. Market Size and Forecast

5.7. OTHERS

5.7.1. Key Market Trends, Growth Factors and Opportunities
5.7.2. Market Size and Forecast

Chapter: 6. GLOBAL NATURAL FOOD & DRINKS MARKET, BY GEOGRAPHY

6.1. INTRODUCTION

6.1.1. Market Size and Forecast

6.2. NORTH AMERICA

6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast
6.2.3. U.S.

6.2.3.1. Market size and forecast by product type

6.2.4. Canada

6.2.4.1. Market size and forecast by product type

6.2.5. Mexico

6.2.5.1. Market size and forecast by product type

6.3. EUROPE

6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast
6.3.3. Germany

6.3.3.1. Market size and forecast by product type

6.3.4. France

6.3.4.1. Market size and forecast by product type

6.3.5. UK

6.3.5.1. Market size and forecast by product type

6.3.6. Italy

6.3.6.1. Market size and forecast by product type

6.3.7. Switzerland

6.3.7.1. Market size and forecast by product type

6.3.8. Rest of Europe

6.3.8.1. Market size and forecast by product type

6.4. ASIA-PACIFIC

6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast
6.4.3. China

6.4.3.1. Market size and forecast by product type

6.4.4. India

6.4.4.1. Market size and forecast by product type

6.4.5. Japan

6.4.5.1. Market size and forecast by product type

6.4.6. Australia

6.4.6.1. Market size and forecast by product type

6.4.7. Rest of Asia-Pacific

6.4.7.1. Market size and forecast by product type

6.5. LAMEA

6.5.1. Key Market Trends, Growth Factors and Opportunities
6.5.2. Market Size and Forecast
6.5.3. Latin America

6.5.3.1. Market size and forecast by application

6.5.4. Middle East

6.5.4.1. Market size and forecast by application

6.5.5. Africa

6.5.5.1. Market size and forecast by application

6.5.6. Rest of LAMEA

6.5.6.1. Market size and forecast by application

Chapter: 7. COMPANY PROFILES

7.1. ARCHER DANIELS MIDLAND COMPANY

7.1.1. Company Overview
7.1.2. Company Snapshot
7.1.3. Operating Business Segments
7.1.4. Business Performance
7.1.5. Key Strategic Moves and Developments

7.2. BUNGE LTD.

7.2.1. Company Overview
7.2.2. Company Snapshot
7.2.3. Operating Business Segments
7.2.4. Business Performance
7.2.5. Key Strategic Moves and Developments

7.3. EARTH’S BEST

7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Operating Business Segments
7.3.4. Business Performance
7.3.5. Key Strategic Moves and Developments

7.4. AMY'S KITCHEN

7.4.1. Company Overview
7.4.2. Company Snapshot
7.4.3. Operating Business Segments
7.4.4. Business Performance
7.4.5. Key Strategic Moves and Developments

7.5. NESTLE S.A.

7.5.1. Company Overview
7.5.2. Company Snapshot
7.5.3. Operating Business Segments
7.5.4. Business Performance
7.5.5. Key Strategic Moves and Developments

7.6. 365 EVERYDAY VALUE

7.6.1. Company Overview
7.6.2. Company Snapshot
7.6.3. Operating Business Segments
7.6.4. Business Performance
7.6.5. Key Strategic Moves and Developments

7.7. ORGANIC VALLEY

7.7.1. Company Overview
7.7.2. Company Snapshot
7.7.3. Operating Business Segments
7.7.4. Business Performance
7.7.5. Key Strategic Moves and Developments

7.8. CONAGRA FOODS

7.8.1. Company Overview
7.8.2. Company Snapshot
7.8.3. Operating Business Segments
7.8.4. Business Performance
7.8.5. Key Strategic Moves and Developments

7.9. DEAN FOODS

7.9.1. Company Overview
7.9.2. Company Snapshot
7.9.3. Operating Business Segments
7.9.4. Business Performance
7.9.5. Key Strategic Moves and Developments

7.10. GENERAL MILLS

7.10.1. Company Overview
7.10.2. Company Snapshot
7.10.3. Operating Business Segments
7.10.4. Business Performance
7.10.5. Key Strategic Moves and Developments

List of Tables

TABLE 1. GLOBAL NATURAL FOOD & DRINKS MARKET REVENUE, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 2. GLOBAL NATURAL FOOD MARKET REVENUE, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 3. GLOBAL NATURAL FOOD MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 4. GLOBAL NATURAL DRINKS MARKET REVENUE, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 5. GLOBAL NATURAL DRINKS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 6. GLOBAL NATURAL FOOD & DRINKS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2016-2023 ($MILLION)
TABLE 7. GLOBAL NATURAL FOOD & DRINKS MARKET REVENUE, BY SUPERMARKETS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 8. GLOBAL NATURAL FOOD & DRINKS MARKET REVENUE, BY NATURAL OR HEALTH FOOD STORE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 9. GLOBAL NATURAL FOOD & DRINKS MARKET REVENUE, BY DISCOUNT STORE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 10. GLOBAL NATURAL FOOD & DRINKS MARKET REVENUE, BY FARMERS MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 11. GLOBAL NATURAL FOOD & DRINKS MARKET REVENUE, BY ONLINE SALES, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 12. GLOBAL NATURAL FOOD & DRINKS MARKET REVENUE, BY OTHERS, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 13. NORTH AMERICA NATURAL FOOD & DRINKS MARKET REVENUE, BY PRODUCT TYPE , 2016-2023 ($MILLION)
TABLE 14. NORTH AMERICA NATURAL FOOD & DRINKS MARKET REVENUE, BY DISTRIBUTION CHANNEL , 2016-2023 ($MILLION)
TABLE 15. NORTH AMERICA NATURAL FOOD & DRINKS MARKET REVENUE, BY COUNTRY , 2016-2023 ($MILLION)
TABLE 16. U.S. NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 17. CANADA NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 18. MEXICO NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 19. EUROPE NATURAL FOOD & DRINKS MARKET REVENUE, BY PRODUCT TYPE , 2016-2023 ($MILLION)
TABLE 20. EUROPE NATURAL FOOD & DRINKS MARKET REVENUE, BY DISTRIBUTION CHANNEL , 2016-2023 ($MILLION)
TABLE 21. EUROPE NATURAL FOOD & DRINKS MARKET REVENUE, BY COUNTRY , 2016-2023 ($MILLION)
TABLE 22. GERMANY NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 23. FRANCE NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 24. UK NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 25. ITALY NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 26. SWITZERLAND NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 27. REST OF EUROPE NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 28. ASIA-PACIFIC NATURAL FOOD & DRINKS MARKET REVENUE, BY PRODUCT TYPE , 2016-2023 ($MILLION)
TABLE 29. ASIA-PACIFIC NATURAL FOOD & DRINKS MARKET REVENUE, BY DISTRIBUTION CHANNEL , 2016-2023 ($MILLION)
TABLE 30. ASIA-PACIFIC NATURAL FOOD & DRINKS MARKET REVENUE, BY COUNTRY , 2016-2023 ($MILLION)
TABLE 31. CHINA NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 32. INDIA NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 33. JAPAN NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 34. AUSTRALIA NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 35. REST OF ASIA-PACIFIC NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 36. LAMEA NATURAL FOOD & DRINKS MARKET REVENUE, BY PRODUCT TYPE , 2016-2023 ($MILLION)
TABLE 37. LAMEA NATURAL FOOD & DRINKS MARKET REVENUE, BY DISTRIBUTION CHANNEL , 2016-2023 ($MILLION)
TABLE 38. LAMEA NATURAL FOOD & DRINKS MARKET REVENUE, BY COUNTRY , 2016-2023 ($MILLION)
TABLE 39. LATIN AMERICA NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 40. MIDDLE EAST NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 41. AFRICA NATURAL FOOD & DRINKS MARKET REVENUE, PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 42. ARCHER DANIELS MIDLAND COMPANY: COMPANY SNAPSHOT
TABLE 43. ARCHER DANIELS MIDLAND COMPANY: OPERATING SEGMENTS
TABLE 44. BUNGE LTD.: COMPANY SNAPSHOT
TABLE 45. BUNGE LTD.: OPERATING SEGMENTS
TABLE 46. EARTHS BEST: COMPANY SNAPSHOT
TABLE 47. EARTHS BEST: OPERATING SEGMENTS
TABLE 48. AMY'S KITCHEN: COMPANY SNAPSHOT
TABLE 49. AMY'S KITCHEN: OPERATING SEGMENTS
TABLE 50. NESTLE SA: COMPANY SNAPSHOT
TABLE 51. NESTLE SA: OPERATING SEGMENTS
TABLE 52. 365 EVERYDAY VALUE: COMPANY SNAPSHOT
TABLE 53. 365 EVERYDAY VALUE: OPERATING SEGMENTS
TABLE 54. ORGANIC VALLEY: COMPANY SNAPSHOT
TABLE 55. ORGANIC VALLEY: OPERATING SEGMENTS
TABLE 56. CONAGRA FOODS: COMPANY SNAPSHOT
TABLE 57. CONAGRA FOODS: OPERATING SEGMENTS
TABLE 58. DEAN FOODS: COMPANY SNAPSHOT
TABLE 59. DEAN FOODS: OPERATING SEGMENTS
TABLE 60. GENERAL MILLS: COMPANY SNAPSHOT
TABLE 61. GENERAL MILLS: OPERATING SEGMENTS

List of Figures

FIGURE 1. GLOBAL NATURAL FOOD & DRINKS MARKET: 2015-2023
FIGURE 2. GLOBAL NATURAL FOOD & DRINKS MARKET: 2015-2023
FIGURE 3. GLOBAL NATURAL FOOD & DRINKS MARKET: SEGMENTATION
FIGURE 4. TOP INVESTMENT POCKETS IN NATURAL FOOD & DRINKS MARKET, 2016-2023
FIGURE 5. TOP WINNING STRATEGIES
FIGURE 6. MARKET SHARE ANALYSIS, 2016 (%)
FIGURE 7. PATENT PUBLICATION BY YEAR, 2010-2016
FIGURE 8. PATENT PUBLICATION BY COMPANY, 2010-2016
FIGURE 9. PATENT PUBLICATION BY REGION, 2010-2016
FIGURE 10. BARGAINING POWER OF SUPPLIER
FIGURE 11. BARGAINING POWER OF BUYER
FIGURE 12. THREAT OF NEW ENTRANTS
FIGURE 13. THREAT OF SUBSTITUTES
FIGURE 14. INTENSIVE COMPETITIVE RIVALRY
FIGURE 15. DRIVERS AND RESTRAINTS: GLOBAL NATURAL FOOD & DRINKS MARKET
FIGURE 16. GLOBAL NATURAL FOOD & DRINKS MARKET: BY PRODUCT TYPE
FIGURE 17. GLOBAL NATURAL FOOD & DRINKS MARKET: BY DISTRIBUTION CHANNEL
FIGURE 18. GLOBAL NATURAL FOOD & DRINKS MARKET: BY GEOGRAPHY
FIGURE 19. U.S. NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 20. CANADA NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 21. MEXICO NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 22. GERMANY NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 23. FRACNE NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 24. UK NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 25. ITALY NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 26. SWITZERLAND NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 27. REST OF EUROPE NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 28. CHINA NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 29. INDIA NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 30. JAPAN NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 31. AUSTRALIA NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 32. REST OF ASIA-PACIFIC NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 33. LATIN AMERICA NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 34. MIDDLE EAST NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 35. AFRICA NATURAL FOOD & DRINKS MARKET VALUE, 2016-2023 ($MILLION)

 

While traditional value drivers, such as price, taste, and convenience, are the most influential aspect of consumer shopping behavior, but people across the world also weigh "evolving drivers" such as safety, health and wellness, social impact, experience, and transparency in their food purchasing decisions. Over the last decade, growth of the natural food & drinks outpaced of the sales of global foods & beverages. Looking ahead, analysts at Allied Market Research projects that the retail market for the natural food & drinks industry is expected to grow by more than 50% from 2017 to 2023.

North America and Europe, are lucrative regions for the natural food & drinks industry, owing to the huge inclination of consumers towards consumption of safe & healthy food. However, the Asia-Pacific natural food & drinks market is expected to witness significant growth due to surge in the food & beverage industry and rise in consumer awareness towards use of natural products.

 

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