Health-conscious World Gobbling Organic Food RNCOS

Released on: October 16, 2008, 4:02 am

Press Release Author: Shushmul Maheshwari

Industry: Food & Beverage

Press Release Summary: World organic food and beverages market is boosted by
increasing awareness of health issues and environmental and animal health issues,
says new report from RNCOS.

Press Release Body: The organic food market is gaining a strong foothold in global
food markets due to the fact that global population is becoming more health
conscious and is paying more attention to the food it eats. Additionally,
environmental and animal health issues, improved taste, and better quality of the
food are other factors which are driving the world organic food market. As a result,
the world organic food and beverages market grew by about 18% in 2007 over the
previous year and is projected to reach around US$ 70 Billion by 2010. These are
the findings of our latest research report, “Emerging Organic Food

The report states that North America and Europe have large share and accounted for
around 96% of the global organic food and beverage industry revenue in 2007. In
North America, demand of organic food exceeds its supply which eventually increases
the import of organic food and beverage. The European organic food industry is also
experiencing a supply shortage. In terms of market size, the US has the maximum
share in the world organic food market with sales around US$ 20 Billion in 2007.

However, various other developing markets like Belgium, Netherlands, Korea and
Taiwan are also increasing their share in the world organic food market. Governments
of these countries are also promoting organic food production to meet increasing

The Asia-Pacific region accounts for the least share in total world organic food and
beverages market. But high consumption of organic food and drinks as well as the
shifting of trend towards natural food is boosting the growth of the organic food
market in the region.

“Emerging Organic Food Markets” gives an extensive and analytical study
on the organic food and beverages market. It provides past and current data and
discusses the market trends in detail in various regions.

This report highlights the future trends and evaluates the drivers, consumer
behavior, developed, developing and emerging markets, and key players to give
complete overview on the market.

About RNCOS:

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.

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