Organic Sale industry in the U.S. sky rocketing.

organicA report by the Trade Organization, (OTA), revealed the exponential growth of the U.S. market. Sales of products exploded to $35.1 billion in 2013, an increase of 11.5% from the previous year.

The OTA projects that the growth rate for produce will continue at the present rate. The survey was conducted by the Business Journal with over 200 companies responding to the survey which was conducted in 2013. Companies provided information on revenues reported, sales growth, revenue by product and sales channel breakdown. sales accounted for 92% of total sales.

A niche ten years ago, the product breakdown of the sector reveals that the fruit and vegetable category continues to lead the sector with $11.6 billion in sales, an increase of 15%. With more than 10% of the sold in the now , the $1.5 billion in new sales of fruits and vegetable represented 46% of the sector’s $3.3 billion in new dollars.

The relatively small condiments category posted the strongest growth, at 17%, to reach sales of $830 million. Also showing double-digit growth were the snack sector, up 15% to $1.7 billion; bread and grain sales up 12% to $3.8 billion; meat, and fish sales up 11% to $675 billion, and the rapidly expanding packaged and prepared sector up 10% to $4.8 billion.

“The U.S. market is experiencing strong expansion, with and farming continuing to gain in popularity. are making the between what we eat and our health, and that knowledge is spurring heightened consumer interest in products,” said Laura Batcha, and CEO of OTA.

Source

OTA

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