During “The Global Market for Organic Food & Drink” Conference which was held in BioFach 2010, Organic Monitor, the research and consulting company that specialises in the global industry of organic products provided global data regarding organic market sales.
According to reports, the market has generated sales of US $ 50.9 billion in 2009 compared to the sales in 2005 which reached only US $ 33.2 US billion.
The report identifies a number of factors for this growth. Consumers are increasingly showing a higher purchase demand. They are also increasingly taking ethical and environmental issues into consideration when purchasing products such as food, cosmetics, clothing and furniture, among others. There has therefore been a significant increase in demand for organic and sustainable products and this represents a competitive advantage for the co-operative sector.
International potential buyers of organic products will be present in ICA Expo 2010. This is the right time to do business!
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