Organic farming grows to US$29-billion industry

The organic industry grew at a rate of nearly eight percent in 2010, bucking the current trend whereby "flat is the new growth" for many other segments of the economy. Further, some sectors of the organic market enjoyed annual growth of well over 30 percent, the Organic Trade Association (OTA) revealed in releasing findings from its 2011 Organic Industry Survey. In 2010, the organic industry grew to over US$28.6 billion (UK£17.263 billion).

"While total US food sales grew by less than one percent in 2010, the organic food industry grew by 7.7 percent," said Christine Bushway, OTA's CEO and Executive Director. "Consumers continue to vote with their dollars in favour of the organic choice. These results illustrate the positive contribution organic agriculture and trade make to our economy, and particularly to rural livelihoods," Bushway said. Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine and International Milling Directory from Perendale Publishers