Growing Demand for Natural Food & Drinks Market size to grow at a CAGR of 13.7% by 2023

0
100
Natural Food & Drinks Market

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.

Download PDF Sample Report: https://www.alliedmarketresearch.com/request-sample/356

From freshness to health ingredients and eco-conscious business models, todays core consumer values increasingly center around offerings of the natural food & drinks market and is expected to boost the market growth.

In 2016, North America dominated the global market. However, Asia-Pacific is expected to witness the highest growth rate from 2017 to 2023, owing to rise in consumer inclination towards wellness and rapid growth in the food & drinks industry in countries such as, China, Japan, India, and Australia. Europe was the second leading region geographically, and is expected to grow at a CAGR of 13.1% from 2017 to 2023.

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

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/356

Key Findings of the Natural Food & Drinks Market:

  • In 2016, North America dominated the global market, constituting around two-fifths share of the global market.
  • U.S. was the leading consumer of the natural food & drinks globally in 2016, and is expected to grow at a CAGR of 13.4% during the forecast period.
  • The natural food segment is estimated to grow at a CAGR of 13.9% from 2017 to 2023.
  • The fruits & vegetables subsegment accounted for one-third share of the global market.
  • The supermarkets/hypermarkets segment accounted for the highest share in 2016, and is estimated to grow at a CAGR of 13.3%.

About Us

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

Please follow and like us: