Released on = May 28, 2007, 5:14 am

Press Release Author = Shushmul Maheshwari

Industry = Food & Beverage

Press Release Summary = Driven by consumer fervor, the Canadian organic food market
is expected to grow at a CAGR of 17.41% over the period spanning 2007-2011.

Press Release Body = In its recent report on \"World Organic Foods And Beverages
Report (2006)\" RNCOS has found that the Canadian organic food market is expected to
grow at a CAGR value of almost 17.41% for the period spanning 2007-2011.

According to the data in a report that Certified Organics released on May 14, 2007,
more than 50% of Canadian households purchased organically grown food during 2006.
The most significant reason behind this switchover was Canadians’ worry
regarding the presence of pesticides & fertilizers in conventionally grown foods.

Organic food & farming sector of Canada is less advanced in comparison to that of
the US and various EU nations. After a surge of interest during late 1980s, govt.
research & support in this sector has gone down. Though the industry continued to
expand but quite sluggishly.

There were about 3,618 certified growers of organic food/crop in Canada during 2005,
and another 241 are in the process of transforming their traditional farms in to
organic, says the Organic Growers Association of Canada. Above 530,000 hectares of
land exclusively cultivates organic food, and the largest crop is wheat.

Of the US$ 46 Billion in nation’s grocery banner sales during 2006, sales of
Certified Organic food accounted for US$ 412 Million, a 31% up from 2005, as per the
Certified Organic Report.

During April 2007, Nice, major organic-soy beverage brand of Canada, conducted a
survey according to which about 65% of consumers have already migrated to
organic-foods partly or nearly half (47%) affirmed their organic products’
consumption to have increased over the last two years (2005-06).

RNCOS report on \"World Organic Foods And Beverages Report (2006)\" notifies,
“Organic food market in Canada generated US$ 1.4 Billion in revenues during
the year 2006, representing a CAGR of 23.36% for the period spanning 2002-2006.
Imported products are estimated to have made up more than 85% of organic-food
consumed in the country during 2005. Majority of organically produced commodities in
Canada is exported, particularly true of gain and soybean crops.”

Key questions answered in this report include: what is the market size of the world
organic foods and beverages industry, how many farms are maintaining how much of
land (in hectare) for organic farming in various countries, how much of the
agriculture area is covered by organic cultivation, and so on.

About RNCOS E-Services Pvt Ltd.:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM042.htm
Current Industry News: http://www.rncos.com/blog


Web Site = http://www.rncos.com

Contact Details = RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com