March 23, 2009
After a decade of solid double-digit growth, U.S. sales of organic foods and beverages slowed considerably in 2008—proving once and for all that the organic industry is not immune to recessionary woes. This was a main finding of Nutrition Business Journal’s 2009 Organic Foods and Beverages issue, which publishes this month. According to NBJ research, U.S. sales of organic foods and beverages grew 12% to $21.1 billion in 2008, down from 16.9% growth in 2007. Still, compared to many other consumer-focused sectors of the U.S. economy, the U.S. organic industry fared quite well last year. This year, on the other hand, is expected to be a difficult year for many organic companies.
“2009 will likely be an unprecedented year for the organic industry, and NBJ’s 2009 Organic Foods and Beverages issue is an essential tool for any executive who wants an in-depth understanding of how the organic market is faring today and what the opportunities and challenges will be this year,” said NBJ Editor Carlotta Mast.
NBJ’s Organic Foods and Beverages issue provides in-depth analysis of 2008 sales and growth estimates by food and beverage product categories across six sales channels, and sales forecasts through 2013.
This issue also includes an overview of how organic products are faring compared to their conventional counterparts in the current economy; discussion of which categories are being affected the most and which are holding strong; a review of the private-label organic market, and how its growth is affecting retailers, branded manufacturers and the organic industry overall; discussion of the U.S. battle against GMOs and the increased threat genetically engineered crops pose to organic seeds; and much more.
$21.1 Billion U.S. Organic Food and Beverage Sales by Product Category in 2008 Companies interviewed for and discussed in this issue include:
• Annie’s Inc.