As the solar and renewable energy industry continues its growth, the organic food market in the US has also been one of the fastest growing industries. According to RNCOS a leading market research and information firm: During 2000-2008, the average annual growth of the industry ranged between
16%-21%. In 2009, the industry successfully endured economic slowdown effects and posted positive year on year growth rate, which was well ahead of total food sales growth in 2009. With the government’s monetary and regulatory support and increasing acceptance of organic food in the country, the industry is expected to grow 13% during 2010-2014.
Increasing health awareness, environment protection, food safety, and animal welfare are fuelling the growth of the industry. The demand for organic products and natural produce is growing rapidly thus, making a niche market for the food and beverages industry. As the world’s largest economy the US provides a fertile environment for the organic food industry to grow and prosper. With California leading the organic food movement other states such as Wyoming, Texas, New Mexico, Wisconsin, and South Dakota have shown tremendous market potentials for investment. Not only in urban areas but in rural parts of the country as well, consumers are showing phenomenal interest in both organic farming and organic food consumption.
“US Organic Food Market Analysis” is a comprehensive report and objective analysis of organic food market potentials in the US. The report provides historical, current, and future projected market performance of all prominent segments including fruit & vegetables, beverages, dairy, packaged foods, bread & grains.
It also provides insight on emerging market trends along with regulatory initiatives, and industry outlook. Additionally, the report facilitates information/statistics on organic farm land infrastructure, consumer behavior analysis, supply chain mechanisms and an overview of prominent industry players.