According to the recent research report titled ‘Global Organic Beverages Market Size study, by Type (Non-dairy Beverages (Soy, Rice, Oat), Fruit Beverages, Coffee & Tea, Beer & Wine and Others), by Distribution Channel (Offline and Online) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global organic beverages market garnered a valuation of USD 25.93 billion in 2020 and is projected to record 13% CAGR over 2021-2027, subsequently amassing USD 61 billion by the end of the assessment period.
 

Surging demand for organic food & beverages products and increasing number of product releases are fueling global organic beverages market growth. As per Statista, the organic food & beverages market is anticipated to increase from USD 165.52 billion in 2018 to USD 679.81 billion in 2027.
 

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On the other hand, USA-based mymuse introduced its organic product range in September 2021, inclusive of immunity-boosting enhanced waters and tea. Similarly, Canada-based Novagevity Incorporated also introduced Sperri, a novel plant-based meal replacement beverage, in the same time period.
 

Notably, organic beverages are free of synthetic pesticides, artificial tastes, preservatives, and colors, and hence are healthy to drink.
 

Booming food & beverage industry, increased demand for healthy beverages, growing consumer awareness of natural products, and rising disposable income are offering new prospects for the business expansion.
 

Considering challenges plaguing worldwide organic beverages industry expansion, hefty cost of the product and short shelf life of organic food & beverages are likely to act as major challenge for businesses in this vertical.
 

Coming to geographical terrain, Latin America (Mexico, Brazil), Europe (Italy, Spain, France, Germany, the United Kingdom), North America (Canada, the United States), and Asia Pacific (Australia, Japan, India, China) the regions studied for the regional assessment of the overall industry.
 

Among these, North America presently holds significant market share owing to easy availability of various types of product, increasing number of cafes and food chains, and rising customer awareness.
 

Meanwhile, Asia Pacific industry share is slated to witness notable growth over the next six years, creditable to rising number of international retail stores, new product launches, growing number of health-conscious consumers, and rising intake of beverages in the region.
 

Prominent organizations impacting global organic beverages market trends are PepsiCo Inc., The Coca-Cola Co., The WhiteWave Foods Company, Belvoir Fruit Farms Ltd., Bison Organic Beer, Hain Celestial Group Inc., Parker's Organic Juices, Boncafe International Pte. Ltd., Uncle Matt's Organic Inc., and Organic Valley.