Global Organic Food and Beverages Market will Triple by 2024

A recent study conducted by Zion Market Research, estimated the global organic food and beverage market to be worth 124.76 billion in 2017 alone. Their new report estimates this market to nearly triple, as it is expected to reach 323.09 billion dollars by 2024. Of all the regions participating in this market, North America has the highest projected growth rate and is anticipated to dominate the sales.

The reason why organic foods and beverages are on the rise is largely due to the development of health conscious customers. Especially with the rate of health-related concerns such as obesity, diabetes, and digestive disorders, organic products are in very high demand.

North America isn’t the only region pumping out organic products, as Europe accounts for approximately 1/3 of the revenue for this industry. This again, is because of the shift towards a healthier lifestyle.

Germany, thanks to the environmentally aware Green Party, is currently at the top of the organic food movement in Europe. It currently accounts for one-third of the organic market in all of Europe and grew by 10% in the year 2015.

The growth rate of the organic food and beverage industry is projected to expand at a rate of 14.56% between now and 2024!

It is incredible to see the growth and development of health-conscious consumers, as well as the rise of healthy, organic products!

Ready to cook up some fresh, organic food?

Eating organic is always best, so why not whip up some nutrient-dense recipes from our Food Monster App? Also, feel free to check out this guide all about eating local and organic produce!

Organic Burst Smoothies

Start your day off with a nutritious, Organic Burst Smoothie, and you are sure to feel amazing all day long.

JumBowl Salad

All the ingredients in this salad are organic and 100% raw, so that you can fully bask in their nutrient content. This JumBowl Salad is positively loaded with dark leafy greens, veggies, herbs, and seeds, and a super unique dressing.

Piquant Tempeh Kebabs

Grab some organic produce from the farmer’s market and whip up these delicious Piquant Tempeh Kebabs. They are perfect for a summer BBQ!

We also recommend downloading our Food Monster App, which is available for both Android and iPhone and can also be found on Instagram and Facebook. The app has more than 10,000 plant-based, allergy-friendly recipes, and subscribers gain access to new recipes every day. Check it out!

Lead Image Source: Ryan Adams/Flickr