Research and Markets: Market for Organic Food and Beverages Growing At A Rapid Pace
Research and Markets (researchandmarkets. com/reports/c14255) has announced the addition of Organic Foods and Beverages Assessment Report 2005 to their offering.
(PRWEB) March 23, 2005
Research and Markets (http://www. researchandmarkets. com/reports/c14255 (http://www. researchandmarkets. com/reports/c14255)) has announced the addition of Organic Foods and Beverages Assessment Report 2005 to their offering.
This report attempts to comprehend and analyze the present trends and opportunities in the organic food sector. Organic foods comprise those vegetables, fruits, grains and other edible agricultural and dairy products that are produced without the use of any harmful pesticides, chemical fertilizers, growth hormones, or genetically improved seeds, or livestock. Of late, the demand for organic foods has swelled, which has further secured continuous supply, lower prices, and ensured their availability to each and every customer.
The organic food industry has been growing remarkably for the past several years. The market has grown by 30% in value since the year 1997-98 and again by 32.6% in the year 2001-02. According to Nutrition Business Journal of San Diego, California, U. S. consumer sales of organic food in 2003 was $7.9 billion as compared to the sales in 1997 at $3.7 billion. The market for organic foods and beverages is still growing at a rapid pace and is expected to generate sales of $32.3 billion by 2009, according to a new report from ‘Packaged Facts’. Against the 2 to 3 percent growth in the conventional food industry, the organic industry has been experiencing annual growth between 17 and 22 percent over the past several years.
One of the key factors behind this growth is, the increasing consumer awareness of health and environmental issues along with an increasing resistance towards genetically modified food products and GM farming. The aggressive and targeted marketing and promotion by the retail sector is also an important factor. Also, the fact that the countryÂ’s leading food manufacturers are now diverting their attention to developing organic product lines is also assisting the growing figures.
Report Highlights:
Information on the global market size, as well as regional shares. Detailed product wise retail sales classification. Overall view of the import and export market. SWOT analysis of the organic food industry. In-depth information on the new opportunities that are opening up, and the challenges facing this industry. Close examination of the consumer behavior pattern.
Report Features:
This report on Organic Food Market provides the most detailed and up-to-date analysis and insight into the Organic food Market. It concentrates on the market for organic foods and focuses on the market trends for organic products worldwide. Chapter 3 of the report presents the organic food market in perspective, while Chapter 4 talks about the 4 ethical and strategic regulations related to organic faming. Chapters 6 and 7 discuss the global scenario, and Chapter 10 enlists the challenges and market opportunities.
Contents include:
The Organic food Market in Perspective Ethical and Strategic Regulations Relative to Organic Faming Marketing Organic food Market Trends for Organic products Organic food Market: World Perspective Organic Food Retail Market Organic farming: SWOT Analysis Challenges and Market Opportunities Organic Food Market: Consumer Preferences Outlook
For more information visit http://www. researchandmarkets. com/reports/c14255 (http://www. researchandmarkets. com/reports/c14255)
Laura Wood
Senior Manager
Research and Markets
Press@researchandmarkets. com
Fax: +353 1 4100 980
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