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Captiva Verde Industries Ltd ARDWF

"Captiva Verde Industries Ltd is primarily involved in the production and sale of organic greens and other organic produce. Its product portfolio comprises baby spinach, kale, lettuce, arugula, kale, chard, and mizuna. The company has two geographic segments - Canada and the United States."


GREY:ARDWF - Post by User

Post by midardon Jul 18, 2016 7:31pm
97 Views
Post# 25063487

U.S. organic food sales estimated at $37 billion in 2015

U.S. organic food sales estimated at $37 billion in 2015https://www.agrimarketing.com/s/104650

USDA: PURCHASES OF ORGANIC FOODS GROWS TO NEARLY $35 BILLION


Source: USDA news release

U.S. organic food sales were an estimated $37 billion in 2015, according to the latest data from Nutrition Business Journal

Organic food products are still gaining ground in conventional supermarkets as well as natural foods markets, and organic sales accounted for about 5 percent of total U.S. food sales in 2015, according to industry estimates.

Although the annual growth rate for organic food sales fell from the double-digit range in 2009-10 as the U.S. economy slowed, growth rates since 2011 have rebounded to 10-12 percent, and are more than double the annual growth rate forecast for all food sales.

Fresh fruits and vegetables are the top selling organic category, followed by dairy products. Organic farmers often earn substantial price premiums for their products.

This chart appears in the ERS report Economic Issues in the Coexistence of Organic, Genetically Engineered (GE), and Non-GE Crops, February 2016.



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