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
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 (%)
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
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)
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
- Natural Drinks
- Non-dairy Beverages
- Coffee & Tea
- Beer & Wine
By Distribution Channel
- Natural or Health Food Store
- Discount Store
- Farmers Market
- Online Sales
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East