US Organic Food Industry Set for Stupendous Growth
With increasing health awareness and concern for food safety, the organic food market in the US will surge at a CAGR of 13% during 2010-2014, RNCOS acknowledged.
- (1888PressRelease) April 23, 2011 - According to our research report "US Organic Food Market Analysis", the organic food market in the US has been witnessing tremendous growth. Being the world's 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. Moreover, with increasing health awareness, environment protection, food safety, and animal welfare are fuelling the growth of the industry. We expect that, the organic food market will surge at a CAGR of around 13% during 2010-2014.
The ongoing analysis found that the fruits and vegetables segment has been the most dominant among the organic food segments in the US. In 2009, the segment accounted for 38% of the total organic food market and sustained its top position. The economic progress is improvising the jobs market and ultimately increasing income levels. Additionally, promotional campaigns of major industry players and the government awareness programs are expected to strengthen organic fruits and vegetables sales in the country.
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, such as 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.
Our report "US Organic Food Market Analysis", is an outcome of widespread research and objective analysis of the organic food market potentials in the US. The report provides historical, current, and future projected market performance of all prominent segments including fruit & vegetables, beverages, dairy, packaged foods, bread & grains, etc. It also facilitates information on emerging market trends and drivers along with regulatory initiatives, which are collectively uplifting industry outlook. Additionally, the report facilitates information/statistics on organic farm land infrastructure, consumer behavior analysis, and supply chain mechanism. Brief overview of prominent industry players has been also included to provide the balanced research outlook of the industry.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM283.htm
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About RNCOS:
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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