Natural Food & Drinks Market Competitive Landscape Analysis by 2023Posted by kailas waghmare on March 8th, 2019 According to a new report published by Allied Market Research, titled, "Natural Food & Drinks Market by Product and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global natural food & drinks market was valued at ,137 million in 2016, and is estimated to reach 1,973 million by 2023, registering a CAGR of 13.7% from 2017 to 2023. Download Request Sample @: https://www.alliedmarketresearch.com/request-sample/356 Natural food & drinks refer to food products that are that are manufactured without the use of hormones, antibiotics, or artificial flavors. Stringent regulatory standards do not exist for natural food & drinks in most of the countries in the world. Thus, natural labels are normally used by manufacturers across the globe due to lack of adequate guidelines. Natural food & drinks are available at several stores that sell organic food products. In 2016, the supermarkets/hypermarkets segment accounted for around two-fifths share of the global market. The key companies profiled:
The global natural food & drinks market is driven by growing consumer preferences for foods with non-genetically modified ingredients. Increasing demand for "clean label" products is due to increase in awareness and media coverage about the drawbacks of foods containing GMOs. The "clean label" trend has also been recently pushed into the mainstream market by popular books, television shows, and celebrity endorsements. However, high costs of natural food & drinks as compared to conventional food products are expected to hamper the market growth. Key Findings of the Natural Food & Drinks Market:
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