Posts Tagged organic food industry
What Every Mother Ought to Know About Organic Food
Organic food industry is growing and rightfully so, as it is so much better for us then non-organic commercially grown food. The difference is what the commercial farmer uses to grow the food.
Poisons in Our Food
Non-organic food contains chemicals from pesticides, herbicides, artificial fertilizers, and hormones, which guarantee bumper crops. But what is good for commercial food crops is a killer for us.
Tags: artificial fertilizers, bumper crops, commercial farmer, conventional food, food crops, food retailers, harsh chemicals, nutritional content, organic food industry, pesticides herbicides
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Organic Food industry is moving from niche to the mainstream
Until the recession hit, demand for organic food was strong. Organic food is moving from being a niche market to the mainstream, with the major supermarkets stocking more of their shelves with organic products (including their own store brands). Consumers are demanding food which is considered more ethical, environmentally friendly and healthier. IBISWorld estimates industry revenue increased at double digit rates over much of the past five years to a forecast £1.9 billion by 2010-11 (based on data from sources such as the Soil Association and IBISWorld estimates). However, the industry then declined in 2008-09 and 2009-10 as the recession took hold of the UK economy and consumers traded down to lower priced food products. Despite this overall growth, organic food sales remain relatively low compared with other more conventional food products. For example, IBISWorld estimates that Organic food sales will account for 1.3% of non-specialised food retailers’ (such as supermarkets and convenience stores, included in SIC 47.11) total revenue in 2010-11.
Industry revenue includes retail sales of organic food by supermarkets, specialty food stores, farmers’ markets and box schemes. While organic farming income and food manufacturers are excluded from Key Statistics, they are nonetheless discussed in the report given their importance in the supply chain. IBISWorld estimates, based on data from the Annual Business Inquiry, there will be approximately 75,797 companies selling organic food in the UK (including supermarkets, convenience stores, specialty food retailers, stalls and markets and box schemes). However, many of these retail outlets sell a variety of food products, including organic food. Supermarkets are the major retail channel for the industry. IBISWorld estimates that employment attributable to the retail sales of organic food will be approximately 20,500 in 2010-11, up 0.7% on average from 2005-06. IBISWorld estimates that wages attributable to organic food sales will be £190.3 million in 2010-11, up 1.1% on average over the five years.
Tags: business inquiry, conventional food, farmers markets, farming income, food supermarkets, niche market, organic farming, organic food industry, soil association, specialty food storesRelated posts