GREY:ARDWF - Post Discussion
Post by
midard on Jul 18, 2016 7:31pm
U.S. organic food sales estimated at $37 billion in 2015
https://www.agrimarketing.com/s/104650 USDA: PURCHASES OF ORGANIC FOODS GROWS TO NEARLY $35 BILLION
Jul. 18, 2016
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.  |
Be the first to comment on this post