Heavy Price Premiums Limit Organic Food To Industrialized World

Released on = June 28, 2006, 2:47 am

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = Unaffordable for masses, organic food is accessible only to
people living in the industrialized world.

Press Release Body = Notwithstanding the quantitative growth of worldwide organic
food industry, organic food seems to have been restricted to the industrialized
world so far. The heavy price premiums attached with it have made organic food
simply unaffordable for the masses.

Spending more than $50Bn on natural and organic products, developed countries such
as America demonstrated a growth of 16% in 2005. Also, there was a rise of 7.9% &
12.3% in the sales of supplements and natural personal care products, respectively.
Besides this, the sales for seafood and organic fresh food also jumped to 67.4%,
making it a $114Mn business.

RNCOS, a leading market research and analysis firm, in its recently published market
research report named, "World Organic Foods And Beverages Report (2006)" has
provided the following data:

§ Growth of approximately 20% in the organic retail sales was recorded between the
years 2003 & 2005. However, the main contributors to this were developed nations.
§ Sales of natural products grew by 9.5% across all retail & direct to consumer
sales channels during the year 2005.
§ Above 80% of total sales was brought in by natural retailing & mass-market channels.
§ There was a growth of above 30% in the sales of organic foods and beverages during
the year 2005.

As per experts at RNCOS, "Growing at about 16% annually, total sale of organic
products is expected to touch $60Bn by the year 2010. The current developments in
the organic foods and beverages industry indicate that the organic food market will
expand to developing countries, including Chile, Argentina, China, South Africa
Egypt, Philippines & India, in the years to come."

Report Highlights and Questions Answered:
§ Overview of the organic food industry globally.
§ Current trends and developments in the industry.
§ What are the various challenges & opportunities before the industry?
§ PEST & SWOT analysis.
§ What factors are influencing the organic foods and beverages industry?
§ Forecast for the world organic foods & beverages industry.
§ Profile discussion of key players and business strategies adopted by them.

About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM042.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

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