- Sales of U.S. organic foods reached $39.7 billion in 2015, an 11% increase year over year and a new record for the industry, according to the Organic Trade Association’s 2016 Organic Industry Survey. Organic foods now comprise about 5% of the total food supply.
- Organic produce and dairy continue to be the largest categories, and both segments grew at 10.6% and 10%, respectively. Combined they comprise more than half of total organic food sales.
- But the fastest growth came in categories like fresh juices and drinks (33.5%) and condiments (18.5%). Organic snack foods were also up nearly 14% for the year.
Rising consumer demand is behind part of this growth, but access to organic foods plays an integral role. More supermarkets, big box stores, membership warehouse clubs, and other outlets are increasing organic product offerings.
And this growth won’t abate. Organic food and beverage producers still have many opportunities to wedge their way into food deserts and other areas where organic foods are still not… Read the entire article.
But, that is not all… GPDB sells clean, organic, non GMO foods online and the growth of ecommerce has been substantial recently:
Online sales accounted for more than a third of total retail sales growth in 2015, according to data released this morning from the U.S. Commerce Department. When factoring out items not normally bought online such as fuel and automobiles, e-commerce accounted for more than 10% of all of retail sales.
E-commerce sales remained strong in 2015 as web sales totaled $341.7 billion for the year, a 14.6% increase over 2014’s $298.3 billion, according to non-adjusted estimates released this morning by the U.S. Department of Commerce.
The organic food movement is taking off… See our investor presentation: