Sales growth of natural, organic products continues to drop but holds long-term promise

Sales growth of natural, organic products continues to drop but holds long-term promise

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

Organic sales surge as consumers look for healthy options to eat at home during the pandemic

Organic sales surge as consumers look for healthy options to eat at home during the pandemic

Within organic products, food and beverage sales increased 12.8% in 2020 to $ 56.4 billion, almost three times the growth of 4.6% to $ 50 billion in 2019 and the highest since 2008, OTA found in its 2021 Organic Industry Survey of nearly 200 companies conducted by the Nutrition Business Journal and published today. The … Read more

Sales growth of natural, organic products slows, but still on track to surpass $300bn by 2023

Sales growth of natural, organic products slows, but still on track to surpass $300bn by 2023

Despite the pandemic, and in some way because of the pandemic, [2020 was an] amazing year for us … with total industry sales growing 12.7% to $ 256 billion ”,Carlotta Mast, Senior Vice President and Market Leader for New Hope, said yesterday at the Natural Products Expo East in Philadelphia. He explained to in-person and … Read more