/24-7PressRelease/ - NEW DELHI, INDIA, June 30, 2006 - Notwithstanding the quantitative growth of worldwide organic food industry, organic food seems to have been restricted to the industrialized world so far. The heavy price premiums attached with it have made organic food simply unaffordable for the masses.
Spending more than $50Bn on natural and organic products, developed countries such as America demonstrated a growth of 16% in 2005. Also, there was a rise of 7.9% & 12.3% in the sales of supplements and natural personal care products, respectively. Besides this, the sales for seafood and organic fresh food also jumped to 67.4%, making it a $114Mn business.
RNCOS, a leading market research and analysis firm, in its recently published market research report named, "World Organic Foods And Beverages Report (2006)" has provided the following data:
§ Growth of approximately 20% in the organic retail sales was recorded between the years 2003 & 2005. However, the main contributors to this were developed nations.
§ Sales of natural products grew by 9.5% across all retail & direct to consumer sales channels during the year 2005.
§ Above 80% of total sales was brought in by natural retailing & mass-market channels.
§ There was a growth of above 30% in the sales of organic foods and beverages during the year 2005.
As per experts at RNCOS, "Growing at about 16% annually, total sale of organic products is expected to touch $60Bn by the year 2010. The current developments in the organic foods and beverages industry indicate that the organic food market will expand to developing countries, including Chile, Argentina, China, South Africa Egypt, Philippines & India, in the years to come."
Report Highlights and Questions Answered:
§ Overview of the organic food industry globally.
§ Current trends and developments in the industry.
§ What are the various challenges & opportunities before the industry?
§ PEST & SWOT analysis.
§ What factors are influencing the organic foods and beverages industry?
§ Forecast for the world organic foods & beverages industry.
§ Profile discussion of key players and business strategies adopted by them.
To purchase your copy: http://www.rncos.com/Report/IM042.htm
For more information about the report please visit http://www.rncos.com
About RNCOS
RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.
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