Organic Coffee Market to grow at a CAGR of 8.2% to reach $12.6 billion by 202 – The Courier

Posted: November 27, 2020 at 9:48 am

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According to a new report published by Allied Market Research, titled,Organic Coffee Marketby Type, Packaging Type and Sales Channel: Global Opportunity Analysis and Industry Forecast, 20192026,the global organic coffee market size was$6.8 billionin 2018, and is projected to reach$12.6 billionby 2026, registering a CAGR of8.2%from 2019 to 2026.

Organic coffee is widely accepted as environmentally friendly product. Organic farming minimizes the utilization of synthetic and artificial additives added to the soil. For organic farming compost mulch and natural fertilizers are used in place of artificial fertilizers. Moreover, conventional methods used for farming have been replaced by new and advanced eco-friendly techniques. This improves production efficiency and produces high quality organic coffee. In addition, advanced farming technologies minimize the production time and manpower. For instance, Bio-char based organic soil amendment technology (BIOSAT), a soil additive made of mixture of bio-char and various organic nutrients, improves soil fertility, maintains soil strength, increases crop production, and minimizes dependency on artificial fertilizers. Hence, improved eco-friendly farming techniques act as major drivers for the global organic coffee market growth.

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The organic food and beverages industry is growing rapidly, which attracts companies to invest in the industry. Moreover, in recent years, several government organizations have also recognized significant growths registered by the organic foods market to come up with new policies to encourage contributors in the organic food sector. For instance, the Peru government has defined the coffee sector as a national priority and have implemented national renovation program with about $70 million budget, similarly, the government in India aids farmers who seek for loans and organic certification. Such government initiatives are expected to bolster production of organic coffee around the world.

The global organic coffee market is segmented into type, packaging type, sales channel, and region. By type it is bifurcated into Arabica and Robusta. On the basis of packaging type, it is segmented into stand-up pouches, jars & bottles, and others. By sales channel, it is studied across hypermarkets/supermarkets, departmental and convenience stores, specialty stores, online sales channels, and others. Region wise, the organic coffee industry is studied across North America, Europe, Asia-Pacific, and LAMEA. Demand for organic coffee in North America, Western Europe, and Japan remains high. Latin America remains one of the leading producers of organic coffee.

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Key Findings of the Study:

Some of the key players in the organic coffee market analysis includes Nestle S.A., The Kraft Heinz Company, Starbucks Corporation, Jims Organic Coffee, F S Gourmet Private Limited, Wessanen, Complete Coffee Limited, Luigi Lavazza S.p.A., Java Trading Co. LLC, and Dr Pepper Snapple Group, Inc.(Green Mountain).

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Organic Coffee Market to grow at a CAGR of 8.2% to reach $12.6 billion by 202 - The Courier

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November 27th, 2020 at 9:48 am

Posted in Organic Food