Monday, December 12, 2005
U.S. organic products retail sales are expected to top $21 billion by 2007
All Things Organic� - North America's Only All Organic Conference and Trade Show:
"U.S. sales of organic food and nonfood products during 2003 totaled approximately $10.8 billion, according to the Organic Trade Association�s 2004 Manufacturer Survey released in May 2004. According to survey results, sales of organic foods were approximately $10.38 billion in 2003, up 20.4 percent from the previous year.
Meanwhile, 'non-food' organic products, such as personal care products, nutritional supplements, organic fiber, household cleaners, flowers and pet food, grew by 19.8 percent, to reach $440 million in sales.
U.S. organic food sales have grown between 17 and 21 percent each year since 1997, to nearly triple in sales, while total U.S. food sales over this time period grew in the range of only 2 to 4 percent a year. According to findings from the Organic Trade Association�s 2004 Manufacturer Survey, organic food sales now represent approximately 2 percent of U.S. food sales.
U.S. organic products retail sales are expected to top $21 billion by 2007, based on growth projections from the Organic Trade Association�s 2004 Manufacturer Survey.
Sixty-six percent of U.S. consumers report they use organic products at least occasionally, according to The Hartman Group�s report, Organic Food & Beverage Trends 2004: Lifestyles, Language and Category Adoption released in August 2004. More than 40 percent of those consumers (or 27 percent of the total population) report using organic products regularly. "