The survey will be mailed this month and will collect new data on organic production, marketing practice, income and expenses in the United States.
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According to an Acosta Group report, a majority of shoppers believe it is important for their groceries and household goods to be natural or organic, but a substantial share are unsure of what those terms mean when it comes to the products they encounter.
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Refrigerated items increased 7.5%, and general food and beverages saw growth of approximately 4%, according to Circana’s data.
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Consumer interest in better-for-you snacking and struggles in plant-based meat alternatives could make these sectors attractive for dealmaking, the bank cooperative noted.
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According to a new study, younger generations are choosing organic produce with the hopes of boosting their health and happiness, as well as serving the environment.
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Despite facing higher food prices, consumers are still looking towards more premium products with more nutrients and less added sodium and sugar, said Jeff Turnas, senior vice president of culinary at Whole Foods Market.
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The market research firm said 26% of new products between January and May 2024 were genuinely new products compared to 50% in 2007.
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According to total U.S. multi-outlet data from market research firm Circana, 2023 sales reached $8.3 billion, up 1.4% from the previous year, and volume sales grew 0.7% to 2.8 billion pounds.
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In the first quarter of 2023, there were 1,030 transactions that raised roughly $1 billion, compared to 1,349 deals totaling $1.3 billion in the first three months of 2022.
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Organic produce was the top seller of all categories, totaling $22 billion and accounting for 15% of all fruit and vegetable sales in the country.
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With consumer concerns about inflation mounting, spending at the grocery store is taking a real hit.
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The USDA’s National Agricultural Statistics Service released the results of the 2021 Organic Survey, which showed total sales of $11.2 billion in organic products, an increase of $1.28 billion, or 13%, from 2019.
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Organic has a new challenge. It’s not getting consumers to pay the higher prices, it’s convincing enough farmers to get past their organic reluctance and start taking advantage of the revenue pouring in.
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The total number of US acres dedicated to organic production has declined year-over-year.
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Figures from the IPA TouchPoints 2022 data set, in research carried out between January and March of this year, people preferring to eat organic food fell from 15.1% to 10.9%.
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In data coming out of the Organic Trade Association, the industry achieved very tepid growth in 2021, not much of a surprise after the panic buying and supply chain challenges in 2020.
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With food-at-home prices in April 2022 up a staggering 10.8% vs April 2021, consumers are beginning to change their behavior in numerous ways.
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While organic foods still cost more than conventional, the prices of conventional foods are increasing more quickly than the prices of organic foods.
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At an Expo East panel, one industry analyst said that trends happen on Amazon approximately 24 months ahead of food, drugs and mass.
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With home cooking surging during the pandemic, sales of organic products grew 12% — and could have grown more if supplies weren’t constrained.
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According to new research from IRI, smaller manufacturers did especially well in the alcohol, frozen food and center-store food categories.
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Bananas continue to lead in volume sales, representing 18% of all organic produce volume, while packaged salads reign supreme in dollar sales, accounting for 17% of all organic produce dollars.
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According to the USDA’s Organic Survey released last week, sales of organic commodities grew 31% since 2016, but total organic acreage remains stubbornly stuck at less than 1% of overall farmland.
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