The Change Mariner

UK organic food market set to boom

The Guardian Unlimited

Sales of organic food and drink in the UK are expected to soar by almost 75% over the next few years, according to a report published today.
Market

analyst Datamonitor believes that the market will grow from its £940m value last year to £1.6bn in 2007.

It says that the rise will be driven by a growing number of "loyal users" who buy organic products on a weekly basis.

According to the report, the number of regular organic shoppers will increase from 2.4 million in 2002 to 11.4 million in 2007.

It said that the success of the organic sector was due to loss of trust in the food industry, awareness of food safety, and methods of production.

However, it warned that growth would hold back while organic products were seen as more expensive.

The UK has the second-biggest organic sector in Europe but is still a long way behind Germany, whose market was worth £2.1bn last year.

Posted by Norm M. Wada at November 1, 2003 12:12 AM | TrackBack
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