A recent report by TechSci Research indicates that the global organic food market is expected to grow at a compound annual growth rate (CAGR) exceeding 14% from 2016 to 2021. Supporting this trend, a new survey by the Organic Trade Association (OTA) reveals that the organic sector continues to demonstrate significant growth, with organic food now representing 5.3% of total food sales in the U.S. While this surge is beneficial for the industry, there may be challenges ahead. To meet the rapidly increasing demand, more farmers must transition to organic practices, which presents a considerable hurdle. The shift to organic farming is a lengthy and costly endeavor, often requiring three years, numerous changes in processes, and extensive inspections. Earlier this year, the U.S. Department of Agriculture collaborated with the OTA to launch a new transitional certification program aimed at incentivizing farmers to make the switch. Advocates for organic produce emphasize that this initiative is crucial, as the consumer base has broadened significantly beyond the traditional core of ardent organic supporters. Analysts suggest that the number of organic buyers has more than doubled in a short span. However, there are concerns about whether consumers will grasp the implications of transitional certification and if they will be willing to pay premium prices for products bearing that designation.
In addition to food, the organic market’s growth extends to non-food items, with sales of organic products for consumers’ wardrobes, bedrooms, and bathrooms also experiencing an upward trend. According to the report, non-food organic products saw sales rise by nearly 9%, reaching $3.9 billion. There is also potential for a government-authorized check-off program for organics, which could generate approximately $30 million annually for research and marketing initiatives. This program was authorized in the 2014 Farm Bill, and discussions on its establishment were opened for public comment earlier this year. Should this program come to fruition, the funds could further bolster the organic supply chain.
In the context of health and wellness, consumers are increasingly interested in the best calcium citrate supplement for osteoporosis, reflecting a growing trend toward organic and natural health products. This interest aligns with the broader organic movement, as individuals seek to enhance their well-being through organic food and supplements. Overall, the organic market is witnessing a significant transformation, with rising popularity across various sectors, including the best calcium citrate supplement for osteoporosis, which many consumers now consider essential for maintaining their health.