Over the last ten years we’ve witnessed an incredible growth of the American organic food market. Green, clean products are now a lot more visible with mainstream retailers particularly since they bring clear health benefits and a better hope for the environment. Statistics indicate that Americans occupy the first position in consumers’ top for organic food. Western Europe is the second largest organic food market in the world.
More and more hectares of farmland are now managed organically. Exports have increased the economic perspective on organic agriculture and farming even in third world countries. Since the demand for clean products is so high on the international market, it could be a really good business to produce quality food and sell it abroad. There are financial aids and government products that support the development of such agriculture sectors.
The market grew at a very accelerated pace between 2002 and 2008, but now it takes place at a slower rate than before. Organic farms generally supply local markets, which is why regional development has played a serious role in the context. It all depends on the extent of the farming project and the amount of crops that the farmers harvest locally. If the crops are not sold out locally, then, the farmer will prepare for servicing a larger organic food market, and trying thus prevent financial loss.
The slowing of the growth rates has been explained by the process of recession that has affected countries worldwide. The organic food market has undergone a serious test at such times. Sales have been a bit smaller than in previous years, yet, the organic food market has maintained an ascending course even through the 2008-2009 financial crisis. Even in dire times, organic food has remained popular. Great Britain has been the organic food market most affected by the recession.
Would consumers cut back on organic food or not? Cheaper organic products will compete better with conventional foods on the market. Chances are that this will happen in the near future, because a drop in prices would encourage consume and create the premises for more extensive production.
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