Press Release Summary = UK is emerging as one of the prominent markets for organic foods and beverages all over the world.
Press Release Body = In UK, there has been an invariable increase in the demand of organic products for the past few years. The total value of retail market for organic products was estimated to be around £1.224Bn in 2004. The market demonstrated a continuous & sustained growth of 3.8% during the year 2005. It's expected to grow at an average rate of 3% in the next five years and touch a mark of £140Bn by 2010.
The factors that contributed to the present growth of sales of organic products in UK are:
-- Split into various sectors such as convenience stores, supermarkets, superstores and traditional retail there're about 102,511 grocery stores in UK. Multiple retailers are the main reason behind the continuous growth in the sales of organic produce all over the country. -- A number of supermarkets for example Lloyd Maunder\'s \'West Country Devonshire Gold\' chicken have introduced lines of regional organic food. Major supermarket chains including Tesco's, Waitrose and Sainsburys are competing with one another to take the leading position in organic retail market.
As per a recent market research report named, "World Organic Foods and Beverages Report (2006)" published by RNCOS, "Sales of organic food via independent retailers grew by 11%, touching a worth of £113Mn during the years 2003-2004".
As per experts at RNCOS, "The growth was partially resulted by the success & expansion of major independent retail chains, including Planet Organic and Fresh & Wild. However these independent retailers must come up with beneficial offers and schemes to lure the consumers, if they want to continue their hold on the market".
Salient Features of the Report
-- Overview of organic foods and beverages market in global perspective. -- Discussion of the current market trends. -- PEST & SWOT analysis to help clients analyze the current scenario of the industry. -- Objective analysis of world organic foods and beverages market. -- Discussion about the challenges and opportunities before the industry. -- Profile discussion of key players in the organic foods industry across the globe. -- Detailed discussion about different factors influencing the industry. -- Future projections about the industry.
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2022
