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Article: The health of organic foods: organic foods are expected to reach almost $22 billion in sales in 2010. Here is a look at who's marketing these products, who's buying them, and what the future portends. (Market Trends).
- Article from:
- Prepared Foods
- Article date:
- May 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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All-natural, organic, preservative-free, non-GMO, pastured poultry, and free range all are words that describe frequent aspects of one of the fastest-growing segments of the food industry--organic foods.
The U.S. Department of Agriculture (USDA) estimates that in the last decade, U.S. organic food retail sales increased 23% annually--five times faster than food sales in general. Nearly 40% of shoppers are reaching for products labeled organic, and the segment's sales are expected to reach more than $11 billion this year. Sales for the entire organic market--not only food and beverages but also health supplements and personal care items--are expected to exceed $32 ...