Mounting growth of Organic Food Market
In 2005, the worldwide Organic food market was estimated to be around $26Bn while the same is expected to exceed $80Bn by 2008. With organic food consumption outpacing the production, organic food market was a trend restricted only to developed nations till now. However, organic production appears to have become a global practice these days, as almost every country in this world has become engaged in production of organic food.
At present, there are about millions of hectares used for inorganic production & an increasing percentage of farms & agricultural lands producing organic products. With the world organic movement progressing far beyond just being a niche production & market situation, further growth and expansion of networking & partnership are a must.
Organic product is a rapidly growing area of the food & beverages sector worldwide. The demand for organic food is especially higher in countries such as America. Pasta, pizza, orange juice, and potato chips are a few of the products attracting customers to this health-conscious market. Value associated with the word "organic" has largely contributed to the success that the organic food market is enjoying at present. Right from smallholder farmers in Africa & Latin America to the executives of the largest food companies in world, a large & diverse community now shares the opinion that organic food offers a special integrity.
To sum up, present trends indicate that organic food will continue to take a substantial share of natural-organic sector. Increased demand & more companies converting their products from natural to organic will help increase this share in near future.
For more information on organic foods & beverages industry you can read the report "World Organic Foods And Beverages Report (2006)" available at http://www.rncos.com/Report/IM042.htm.
RNCOS is a leader in the field of online business research and specializes in industry research on various business verticals. To read our other reports, please visit us at http://www.rncos.com/Report.htm or email us at info@rncos.com
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