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

| | May 22, 2019
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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.

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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

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