The Asia Pacific Organic Beverage Market is estimated to reach $33.08 billion by 2028 from $18.96 billion in 2022, with a CAGR of 14.94% during forecast period 2023 - 2028.
Organic Beverages are recognised as beverage which do not contain synthetic pesticides, artificial flavours, colours, preservatives, growth hormones, and are not altered using genetic engineering techniques. Some of the most normally found Organic Beverages are Non-Dairy Beverage, Coffee and Tea, Alcoholic Beverage, Soda and Soft Drinks, among others. Asia-Pacific is one of emerging market for Organic Beverage industry as demand for the organic products accelerated in recent years. There has been increase in both consumption and production in this region.
The growth of Organic Beverage in Asia-Pacifica Market is majorly driven by factors such as growing consumer’s adoption towards healthy eating products, rising awareness about the product, modernising retail industry (supermarkets), and increase in purchasing power. The key restraints of the market are shorter shelf life of products, premium pricing of products limiting widespread customer acceptance, limited options to choose from and limited organic farming.
The Asia-Pacific Organic Beverage Market is segmented based on the Type and Distribution Channel. The market for Organic Beverage, on the basis of Type, is classified into Non-Dairy Beverage (Rice, Oats, and Soy), Coffee and Tea, Alcoholic Beverage (Beer and Wine), Soda and Soft Drinks, and other beverages. On the basis of Channel, the Asia-Pacific Organic Beverage is segmented into Supermarket/Hypermarket, Pharmacies, Online Retailers, and Specialized Stores. Organic Coffee and Tea segment is leading the Asia-Pacific Organic Beverage market.
Geographically the Asia Pacific Organic Beverage Market is segmented into India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia. Organic tea and coffee and fruit juice dominates Asia-Pacific Organic Beverage segment.
Key Players in the market:
Major Key Players in the Asia Pacific Organic Beverage Market are
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