The GLP is committed to full transparency. Download and review our Annual Report.

Organic food sales at $48 billion, now almost 6% of food, despite continued decline in market growth rate

| | May 22, 2019

Sales of organic food in the U.S. last year totaled a record $47.9 billion — 5.9% higher than 2017, according to the Organic Trade Association’s latest Organic Industry Survey. While that’s slower than the 6.4% growth rate for 2017, organic food sales outpaced the overall food market’s 2.3% growth rate for 2018, OTA said.

The group said 5.7% of all food sold in the U.S. last year was organic, with both food and non-food organic products commonly available in grocery stores. The top category is still organic fruits and vegetables, which saw a 5.6% growth rate for 2018, for a total of $17.4 billion in sales.

Related article:  From GMO hater to biotechnology advocate: One person's Facebook journey

Organic food continues to win fans, although OTA’s figures show the growth rate in sales peaked at 12.2% in 2013 and has been declining since …. Nielsen figures for 2018 show the average prices for organic food dropped as more certified items were introduced. The premium was about 7.5% more last year, compared to 9% more in 2014. But organic milk and eggs were priced higher, at 88% and 86% more ….

Read full, original article: Organic food sales worth almost $48B in 2018

The GLP aggregated and excerpted this article to reflect the diversity of news, opinion, and analysis. Click the link above to read the full, original article.
News on human & agricultural genetics and biotechnology delivered to your inbox.
Optional. Mail on special occasions.

Send this to a friend