Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Organic Products See Double Digit Growth - Nutraceuticals World
Market Updates

Organic Products See Double Digit Growth

SPINS reports organic products saw 13% growth across retail channels, which was worth more than $11.2 billion in sales.

SPINS, Schaumburg, IL, reported that organic products continue to be top of mind for consumers and are a growing, multi-billion dollar business within Natural, Specialty Gourmet and Conventional retail channels. A new assessment from SPINS reviewed how organic products are defined and which segments are driving growth, focusing on products that contain at least 70% certified organic content. 
 
According to the report’s findings, organic products saw 13% growth across retail channels, which was worth more than $11.2 billion in dollar sales.
 
Further, SPINS found that over 63% of packaged produce and over 69% of milk sold in natural supermarkets were certified organic.
 
By volume, organic packaged produce represented the largest sales category, with sales worth more than $26 billion in the conventional all outlet combined category.  Organic milk earned $1.2 billion in sales, followed by yogurt and kefir with $448 million, energy bars and gels with $398 million, and eggs with $368 million.
 
The segments that saw the largest increase in sales were shelf stable meats, poultry and seafood, which saw 61% growth in the past year; in addition to baby food with grew 34%; and shelf stable functional beverages, which had a sales increase of 33%.
 
To view SPINS infographic on the growing organic market visit: http://www.spins.com/?page_id=8768

Add us as a preferred source on Google

Get the latest Nutraceuticals World news, insights and analysis in your Google Search and AI experiences.

Keep Up With Our Content. Subscribe To Nutraceuticals World Newsletters