Global Sales Break USD 100 Billion Barrier.
Organic food & drink sales surpassed the USD 100 billion mark for the first time in 2018. Although North America and Europe comprise the bulk of global sales, their share is in decline as demand for organic products strengthens in emerging economies.
Rising consumer awareness of organic products and widening availability are two major drivers of global growth. Distribution of organic foods is increasing in supermarkets, discounters, drugstores, pharmacies and the catering & foodservice sector. Organic ingredients are being used in a growing number of European and North American foodservice establishments. Large chained outlets are also making commitments to organic product sourcing.
In terms of country markets, the US has the largest market for organic food & drink. Denmark leads in terms of market share where almost 14% of retail food sales are from organic products. The highest spenders of organic products are in Switzerland, Denmark, Sweden and Austria.
This 4th edition of this Global Organic Food & Drink market report has been prepared by continuously researching the organic products industry over almost 20 years. Expert analysis, trends, and insights are given for the organic food & drink market. Growth projections and forecasts are given for the leading geographic regions, as well as business openings.
Related Insights: Organic Food Industry Undergoing Consolidation