India Organic Beverage Market Research Report: Forecast (2021-2026)
India Organic Beverage Market Analysis, 2021 research report depicts a deep dive market analysis of statistics of India Organic Beverage market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.
Market Opportunities
According to MarkNtel Advisors’ research report “India Organic Beverage Market Analysis, 2021”, the India Organic Beverage market is anticipated to grow at a CAGR of 18% during 2021-26F. The growth of the market is attributed to the rising concern of consumer towards a healthy lifestyle, escalating demand for organic beverages such as organic tea and juice and a significant surge number of market player in the country. However, other factors such as the high cost of the product, limited options, and shorter shelf life of the organic product are restraining the growth of the market.
Market Segmentation
Report Coverage | Details |
---|---|
Study Period | Historical Data: 2016-19 |
Base Year: 2020 | |
Forecast Period: 2021-26 | |
CAGR (2021-2026) | 18% |
Key Companies Profiled | Sresta Natural Bioproducts Pvt. Ltd., Organic India Pvt Ltd., Chamong Tea Exports (P) Ltd., 24 Mantra Organic, Others |
Unit Denominations | USD Million/Billion |
Organic tea Acquired Largest Share
India is known for its tea drinking habit due to which organic tea is witnessing majority sales in the Indian organic beverage market. The increasing number of market players, burgeoning investment in product development and surging awareness regarding the benefits of organic tea are escalating the market share of organic tea at a robust rate. Besides this, a significant rise in the demand for organic fruit/vegetables is also surging at a promising rate. The burgeoning numbers of high-income consumers and growing health-consciousness among millennial are anticipated to drive the growth of the Organic Beverage market globally in the near future as revealed by the MarkNtel Advisors’ research report “India Organic Beverage Market Analysis, 2021”.
Impact of COVID-19
The disruption in the supply chain has majorly impacted the organic beverage market due to a national lockdown in the region. Besides, the Organizations and individuals are highly encouraged to adopt DIY techniques to grow clean produce in rented lands all across India which resulted in a decline in the demand for these products. Moreover, people are searching for healthy food such as organic fruits, vegetables, pulses, cereals etc. as a choice for the home since the eruptions of the virus in 2020.
Competitive Landscape
According to MarkNtel Advisors’, the key players with a considerable market share in the India Organic Beverage market include Sresta Natural Bioproducts Pvt. Ltd., Organic India Pvt Ltd., Chamong Tea Exports (P) Ltd., 24 Mantra Organic, etc.
Key Questions Answered in the Market Research Report:
Market Outlook, Segmentation and Statistics:
Frequently Asked Questions
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.
A. The market size/industry size or the market value is measured in terms of USD Million.
A. The India Organic Beverage Market is forecast to grow at a CAGR of 18% during 2021-26.
A. Sresta Natural Bioproducts Pvt. Ltd., Organic India Pvt Ltd., Chamong Tea Exports (P) Ltd., 24 Mantra Organic, are few of the leading players in the India Organic Beverage Market.
A. Organic Tea is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
A. Supermarket continue to grow at a highest CAGR, presenting immense opportunities for market players of India Organic Beverage Market.