Despite this slow down, industry sales in the US are coming off a stronger base compared to pre-pandemic and set to surpass $300b by 2024 and $400b by 2030 – up from the 7.7% increase in 2021 to $274b, Carlotta Mast, senior vice president and market leader at New Hope, told a packed room of … Read more
WASHINGTON — Organic is no longer a niche market. This sentiment was expressed by several stakeholders from the organic industry at the recent US Department of Agriculture’s annual Agricultural Outlook Forum. One of those stakeholders, Ryan Koory, vice president of economics at Mercaris, a data mining and trading platform company for the organic industry, said … Read more
A new report from Ecovia Intelligence suggests that organic sales have seen a ‘hefty sales increase’ globally. Online retailers are reporting the highest sales growth. In the US, Whole Foods Market has started limiting the number of its online grocery customers because of unprecedented demand. Meanwhile in the UK, Abel & Cole reported a 25% … Read more
Germany is the largest market for organic food in Europe. According to figures from industry body Bund Ökologische Lebensmittelwirtschaft (BÖLW), the organic market grew to a value of €14.99 billion last year, up from €12.26 billion in 2019. Germans bought 22% more organic food and beverages during a period that saw organic sales increase at … Read more