Organic food and grocery stores are showing strong gains as a result of fear of pesticides, with organic food stocks surging in the United States as retailers seek to cut costs amid a tightening supply of supplies amid the crisis in Europe.
The organic food market has increased more than 2.4% to $6.1 billion, according to the research firm Demeter, with an increase of about $600 million in the past year.
The grocery market has also seen a strong rise of about 1.8% to about $2.4 billion.
Organic food sales increased 2.6% to nearly $5.1 trillion, the researchers said.
“We are witnessing a rapid recovery in organic food sales,” said Brian O’Neill, senior director of organic food at Demeter.
“This is great news for the food industry.
It will make it easier for consumers to make informed purchasing decisions about the organic foods they buy and the companies that are producing them.”
The price and quality of organic foods is now improving and we expect organic sales to continue to grow over the coming year.” “
Consumers in the US have been increasingly concerned about the risk of pesticides and organic food.
The price and quality of organic foods is now improving and we expect organic sales to continue to grow over the coming year.”
The organic market is expected to reach $10.9 billion by 2019, according the Demeter report, and could reach $14.9 bn by 2021.
Organic retailers have been selling organic foods for years, but have been battling a rise in the price of organic products.
The number of organic stores in the U.S. grew by about 4.1% to 2,400 stores in 2016.
In 2020, organic sales will exceed organic retail sales by nearly 10% to an estimated $15.2 billion.
“A lot of the growth in organic stores over the past several years has been driven by a large increase in the number of stores in new categories, such as fruits and vegetables and baked goods,” said Mark Schumacher, president and CEO of the Organic Trade Association, an industry trade group.
“There has also been a lot more research and development being done in organic, with more organic ingredients in our food and more organic packaging, which has increased the demand for organic food.”
Organic food has also increased its share of the overall organic food supply to about 13% in 2016 from about 9% in 2015, according a Demeter study.
In the U., organic sales grew 5.7% to more than $3.3 billion, the research group said.
Demeter also said organic grocery sales have been strong, with the share of organic grocery stores increasing by about 1% to almost 6.4 million in 2016, up from about 3.5 million in 2015.
It is unclear how long organic grocery prices will continue to rise, but the rise in organic grocery grocery prices has increased demand for local food, the analysts said.
Organic retail sales have also increased by about 2% to approximately $6 billion in 2016 to about 4,500 stores.
“Overall, organic grocery and grocery delivery sales are up more than 3.8%, with organic delivery and grocery store delivery gaining more than 1.3% each,” said O’Donnell.
“The organic food industry is in a strong position to continue growing and provide a solid foundation for the future,” he added.