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Home 🌿 Recreational Marijuana News 🌿 Company's Revenue Expands Greatly Thanks the Organic Food Industry; Whole Foods Market, Inc ... 🌿Company's Revenue Expands Greatly Thanks the Organic Food Industry; Whole Foods Market, Inc ...
According to the “United States Organic Food Market Forecast & Opportunities, 2018” report, growth for the United States organic food market is likely going to continue until 2018 with a CAGR of 14% on the industry. Also, the report states that the Western side of the United states is driving the organic food market revenue and increasing awareness.
“The organic food market contributed about 4% to the country’s overall food market in terms of revenues during 2010, Karan Chechi, research director at at TechSci Research, stated. “Furthermore, the retail organic food market is an emerging trend in the country. Therefore, with the increased consumer food expenditure of about 7.67% during 2012-12 the demand for the organic food through retail sales medium is anticipated to increase.”
Demand for organic products continues to rise. Also, almost eighty-one percent of families in the United States have reported that they buy organic...
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