Asia Pacific Organic Food And Beverages Industry Outlook To 2016 - Expanding Distribution Channel To Augment Growth
NEW YORK, Jan. 29, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
http://www.reportlinker.com/p01089181/Asia-Pacific-Organic-Food-and-Beverages-Industry-Outlook-to-2016---Expanding-Distribution-Channel-to-Augment-Growth.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Organic_FoodEXECUTIVE SUMMARY The organic food and beverages market in Asia-Pacific has surged in the recent years due to a marked increase in both consumption and production in the region. Though Asia has been slow in adopting the organic trend but in the last 2 -3 years' countries such as Singapore, Malaysia and Taiwan have witnessed tremendous growth rates due to the surging organic productivity in these countries. The demand for organic food and beverages in Asia has grown at a CAGR of 12.4% from the period 2006-2011. The Asia-Pacific market for organic food and beverages is mainly held by Japan, Australia, China and India with Japan contributing the largest share of ~% to the revenue generated through the sales of organic food and beverages in the region followed by Australia with a share of ~% and China and India together accounting for ~% of the revenue in 2011. The organic food and beverages market in Asia Pacific region has grown at a CAGR of 12.4 % from USD ~ million in 2006 to USD ~ million in 2011. During the year, the organic food and beverages market in China had witnessed a growth of 14.7% with revenue of USD ~ million in 2011 in comparison to USD 454.8 million in 2010. Organic vegetables have been the second largest segment of China's organic food and beverages market contributing ~% to the overall market in 2011. Overall, the outlook for the organic food and beverages industry in China seems to be positive. The current scenario in China is very encouraging and conducive to organic farmers. High-end supermarkets, such as HK Citysuper, Cityshop, Japan Global Plaza, Parksons, Nextage Department Store operating in some large cities while hypermarkets such as Carrefour, Walmart, Metro, Jusco, Tesco, Lotus and Tops have organic stores in many major cities in China. These supermarkets dominate organic retail sales in China, accounting for over ~% of the China organic market.
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