DUBLIN, Nov 12, 2010 (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/research/fd8930/us_organic_food_ma) has announced the addition of the "US Organic Food Market Analysis" report to their offering.
Being the worlds largest economy and with one of the highest per capita incomes, the US provides most suitable platform for organic food industry to grow and prosper. Increasing health awareness, environment protection, food safety, and animal welfare are fuelling the growth of the industry. The demand for organic products and natural produce is growing rapidly thus, making a niche market for the food and beverages industry. The government is also paying attention towards developing this industry, which is expected to further accelerate market growth in coming years.
According to this research, US Organic Food Market Analysis, the organic food market in the US has been one of the fastest growing industries. During 2000-2008, the average annual growth of industry ranged between 16%-21%. In 2009, the industry successfully endured economic slowdown effects and posted positive year on year growth rate, which was well ahead of total food sales growth in 2009. With the governments monetary and regulatory support and increasing acceptance of organic food in the country, the industry is expected to orchestrate 13% CAGR growth during 2010-2014.
At the regional front, market is still recognized as largely untapped in various states of the country. Not only in urban areas but in rural parts of the country as well, consumers are showing phenomenal interest in both organic farming and organic food consumption. States like California, Wyoming, Texas, New Mexico, Wisconsin, and South Dakota have shown tremendous market potentials and are being considered as the most attractive investment destinations for organic food business.
Key Topics Covered: 1. Analyst View 2. Emerging Market Trends 3. Industry Overview & Outlook by 2014 4. Organic Farm Land Infrastructure 5. Consumer Behavior Analysis 6.
Supply-Chain Mechanism Analysis 7. Regulatory Initiatives 8. Competitive Landscape Companies Mentioned: Hain Celestial Group, Inc Spartan Stores, Inc AMCON Distributing Co United Natural Foods Inc Whole Foods Market, Inc Dean Foods The Kroger Co For more information visit http://www.researchandmarkets.com/research/fd8930/us_organic_food_ma SOURCE: Research and Markets CONTACT: Research and Markets Laura Wood, Senior Manager firstname.lastname@example.org U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Copyright Business Wire 2010 -0- KEYWORD: United States
New York INDUSTRY KEYWORD: Retail