Dublin, Dec. 30, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/jfsv3k/natural_and) has announced the addition of the "Natural and Organic Foods and Beverages in Canada" report to their offering.
Sales of natural and organic foods and beverages have enjoyed strong, consistent growth over the last five years in Canada, maintaining a compound annual growth rate of 9.4% between 2009 and 2013 and reaching sales of $5,260 million. The natural category finally managed to surpass the organic category in 2013, comprising just over 50% of all natural and organic food and beverage sales on the strength of a typically lower price point coupled with higher Canadian consumer confidence in natural claims over products certified as organic.
While market growth was slightly lower at 8.7% in 2014 due to a slightly cooler Canadian economy, Packaged Facts forecasts a CAGR of over 11% between 2014 and 2019 for natural and organic food and beverage sales in Canada, with millennials and South Asian and Chinese ethic groups helping to spur growth. Product segments that will grow faster than the overall market include organic baby foods and fair trade organic coffee, as well as meats with natural and Certified Humane labels. Non-GMO labeling for both natural and organic products will also be a strong marketing tool over the forecast period.
Natural and Organic Foods and Beverages in Canada contains comprehensive data on the Canadian market for natural and organic foods and beverages, including historical (2009-2013) and forecasted (2014-2019) retail sales quantification.
Key Topics Covered:
Chapter 1 Executive Summary
Chapter 2 Market Projections and Opportunities
Chapter 3 Market Size and Segmentation
Chapter 4 Marketers & Advertising
Chapter 5 Marketing and Retail Trends
Chapter 6 New Product Trends
Chapter 7 Consumer Trends
For more information visit http://www.researchandmarkets.com/research/jfsv3k/natural_and
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Source:Research and Markets