The global organic food industry is advancing exponentially while moving from niche sector to main stream. It is primarily due to increasing awareness of healthy foods and healthy lifestyle worldwide. According to Tech Sci Research Report, global organic food industry is expected to grow at the rate of 16 % during 2015-2020. Global competitors in organic food Industry according to regions are USA, Europe, and Asia Pacific.
USA: USA is one of the major contributors to the global organic food sales. According to the Organic Trade Association’s 2016 Organic Industry Survey, U.S Organic Industry has set new heights of sales over $43.3 billion in 2015. Which means $43.3 Billion is spent on organic food by consumers. According to Tech Sci Research, …show more content…
Denn’s which stood second with the total sales of $236 million with 80 outlets nationwide. Basic is another company with total sales in 2014 as $166 million with 32 outlets in Berlin, Rhine-Ruhr Area, Munich, Stuttgart, Frankfurt.
According to “Germany Organic Food Market by Type” Organic food market is expected to grow at the rate of 7% during 2016-2021. Also southwest region will be expected to grow as the largest through 2021 due to the large population size of over 19 million people and also due to proximity to major European countries such as Belgium, France and the Netherlands.
According to Agency Bio, France is the second largest consumer market in Europe after Germany accounting for $6.4 billion in 2015. Organic food chains like NaturaSi and CuoreBio are the key players in France are expected to build networks by building 458 stores across the …show more content…
Unlike, conventional food where these pesticides are widely used in cultivation. Organic foods are often fresh as it has no preservatives. Lastly, organic food is free of Genetically Modified organisms and because of all these characteristics of organic food it promotes health.
Upsurge Current Market Trends: With the rising awareness of healthy food and lifestyle, the demand for organic food products is increasing exponentially. Global organic food industry is expected to grow at the rate of 16 % during 2015-2020.
Certification Brand: The organic sector brands its products with certification symbols. This certification symbol can ensure consumers of the quality and the integrity of their product from farm to market.
Positive Effect on Environment: Cultivating organic food has positive environmental contribution as it does not allow soil and water contamination by preventing the use of synthetic chemicals or artificial pesticides and also prevents from soil erosion. Organic production helps to reduce global warming by producing things locally, which will eliminate the pollution and cost of transportation. Most importantly maintains a balance in ecosystem by providing retreats to the
USA: USA is one of the major contributors to the global organic food sales. According to the Organic Trade Association’s 2016 Organic Industry Survey, U.S Organic Industry has set new heights of sales over $43.3 billion in 2015. Which means $43.3 Billion is spent on organic food by consumers. According to Tech Sci Research, …show more content…
Denn’s which stood second with the total sales of $236 million with 80 outlets nationwide. Basic is another company with total sales in 2014 as $166 million with 32 outlets in Berlin, Rhine-Ruhr Area, Munich, Stuttgart, Frankfurt.
According to “Germany Organic Food Market by Type” Organic food market is expected to grow at the rate of 7% during 2016-2021. Also southwest region will be expected to grow as the largest through 2021 due to the large population size of over 19 million people and also due to proximity to major European countries such as Belgium, France and the Netherlands.
According to Agency Bio, France is the second largest consumer market in Europe after Germany accounting for $6.4 billion in 2015. Organic food chains like NaturaSi and CuoreBio are the key players in France are expected to build networks by building 458 stores across the …show more content…
Unlike, conventional food where these pesticides are widely used in cultivation. Organic foods are often fresh as it has no preservatives. Lastly, organic food is free of Genetically Modified organisms and because of all these characteristics of organic food it promotes health.
Upsurge Current Market Trends: With the rising awareness of healthy food and lifestyle, the demand for organic food products is increasing exponentially. Global organic food industry is expected to grow at the rate of 16 % during 2015-2020.
Certification Brand: The organic sector brands its products with certification symbols. This certification symbol can ensure consumers of the quality and the integrity of their product from farm to market.
Positive Effect on Environment: Cultivating organic food has positive environmental contribution as it does not allow soil and water contamination by preventing the use of synthetic chemicals or artificial pesticides and also prevents from soil erosion. Organic production helps to reduce global warming by producing things locally, which will eliminate the pollution and cost of transportation. Most importantly maintains a balance in ecosystem by providing retreats to the