Isnt organic food just a fad?
U. S. sales of organic food and beverages have grown from $1 billion in 1990 to an estimated $20 billion in 2007. The market for these goods is projected to reach nearly $23.6 billion in 2008, and grow an average of 18% each year from 2007-2010. The adoption of national standards for certification is expected to open up new markets for U. S. organic producers. Internationally, organic sales continue to grow as well.
U. S. sales of organic food and beverages have grown from $1 billion in 1990 to an estimated $20 billion in 2007. The market for these goods is projected to reach nearly $23.6 billion in 2008, and grow an average of 18% each year from 2007-2010. The adoption of national standards for certification is expected to open up new markets for U. S. organic producers. Internationally, organic sales continue to grow as well. The Organic Trade Association is the leading business association representing the organic industry in the United States, Canada, and Mexico. Its 1700 members include growers, processors, shippers, retailers, certification organizations and others involved in the business of producing and selling certified organic products. 2011, Organic Trade Association.
No. U. S. sales of organic food in 2005 totaled 2005 $13.8 billion and comprised 2.5 percent of all supermarket sales. Sales of organic foods are expected to reach nearly $16 billion by the end of 2006. Market surveys and other industry analysis shows that organic foods have shown consistent annual growth rates of 15-21% since 1990.
Not a chance. Sales of organic produce totaled $612.14 million in 1995. Sales of all organic food totaled $2.4 billion in 1995 and the market has grown an average rate of 25% each year. The adoption of national standards for certification will open up many new markets for U.S. organic producers. Today, approximately 2% of the U.S. food supply is grown using organic methods. By the year 2000, analysts expect that to reach 10%. Worldwide, there are now almost 600 organic producer associations in 70 countries. Nations like Japan and Germany are fast becoming important international organic food markets.
No. U. S. sales of organic food totaled $5.4 billion in 1998, about $6.5 billion in 1999, and reached nearly $7.8 billion in 2000. The market has grown 20%24% annually during the 1990s. The adoption of national standards for certification is expected to open up new markets for U. S. organic producers. Internationally, organic sales continue to grow as well.
