Influx Insights Tag Feed: organicsales
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2008-11-21T22:15:33Zorganic food - growing fast, but still tiny
http://www.influxinsights.com/blog/article/1409/organic-food---growing-fast--but-still-tiny.html
The latest data from Nielsen shows that the organic food marketplace is growing rapidly <span style="font-weight: bold;">(+28%)</span> last year, but there's no category where organic has reached a 10% share. Milk is the largest, with 7% of sales, but overall, organic only accounts for just <span style="font-weight: bold;">over 1% of total sales. </span><br><img src="%3Ca%20href=" http://www.flickr.com/photos/edcotton/540647789="" title="Photo Sharing"><img src="http://farm2.static.flickr.com/1138/540647789_9f9e3c17c5.jpg" alt="Organic Food Sales" height="375" width="500"><br><br>Obviously, there's a strong geographic skew; with high penetration levels in San Francisco, Miami, Portland, Seattle, Boston, Sacramentio, Hartford, Denver and Syracuse.<br><br>A Whole Foods manager in a local Marin store (Ground Zero for all things organic) told me that he was cutting back
on stocking organic produce. They found consumers were not prepared to pay
the inflated prices.<br><br>Despite all the recent hype, the category has some ways to go. Clearly more education is needed and the price gap between conventional and organic needs to close.<br><br>Posted by Ed CottonInflux Insights2007-06-11T10:04:22Z