The popularity of organic meat seems to be catching on all around the world. A new market research report shows the global organic food and beverage market is set to grow significantly.
Compiled by Transparency Market Research, the report analysed the market for natural meat, fruits, vegetables, dairy products and drinks in the North American, European and Asia-Pacific regions as well as other countries such as Brazil.
According to the report, the demand for organic food and beverages was recorded at USD $70.70 billion last year. It is forecast to reach USD $187.85 billion by the year 2019, at a compound annual growth rate of 15.5 per cent.
The report states that while free range meat, fish and poultry products have typically comprised a smaller portion of the market, they are expected to gain an increased share of the global market in the future with the fastest growth rate of 14.6 per cent from 2013-19.
When it comes to consumer demand for organic products, North America led the way with 48 per cent of global demand in 2012. This was followed by Europe, which contributed 45.6 per cent of the demand during that same year.
However, the report also notes that the Asia Pacific region in particular is set to see an increase in the demand for organic food and drinks as spending habits change.
There are many reasons why purchasing organic meat and drink can benefit consumers. For one, there are various health benefits that arise from eating meat free of antibiotics and synthetic chemicals.
Organic meat producers also have a commitment to practicing sustainable farming that cares for the environment as well as the animals – soil and water efficiency are two of the top goals during the process.
