Monday, 11 April 2022

Organic Coffee Market growing rapidly | Demand, Growth and Opportunities

The organic coffee market is anticipated to grow with a robust growth rate amidst rising health consciousness among consumers, rising government support, and advanced farming techniques.

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 Moreover, conventional methods used for farming have been replaced by new and advanced eco-friendly techniques.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 global organic coffee market size was $6.8 billion in 2018, and is projected to reach $12.6 billion by 2026, registering a CAGR of 8.2% from 2019 to 2026.

Some of the key players in the organic coffee market analysis includes Nestle S.A., The Kraft Heinz Company, Starbucks Corporation, Jim’s 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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