Industry Analysis & Industry Trends
The Organic Food Retailing industry includes retail sales of organic food and beverages by supermarkets, farmers' markets, independent retailers and home delivery. The term organic refers to a method of farming that uses only natural pesticides and fertilisers and adheres to a high level of animal welfare and crop rotation. Products sold by the industry include fruit and vegetables, meat, fish, dairy products and non-alcoholic beverages. In the 1990s through to the mid-2000s, the industry grew strongly as consumers demanded healthy and sustainable food. However, from 2009-10 sales slumped as rising unemployment and plummeting consumer confidence led shoppers to place value ahead of ethical concerns and trade down to non-organic products... purchase to read more
Industry Report - Industry Products Chapter
Dairy is the largest segment in the industry, accounting for an estimated 29.2% of industry revenue in 2016-17. This segment includes milk, cream, ice cream, cheese and yoghurt. Organic dairy products are produced using organic farming methods. Cows must spend the majority of their time outdoors and must be fed mostly organic forage. Average yields are around a third lower for organic dairy cattle, resulting in higher prices.
Over the past five years, organic dairy sales have held up relatively well, with yoghurt and cheese outperforming other products. Revenue from organic milk sales was hit by weak global dairy prices before the five year period, leaving room for upward momentum thereafter. Nev.. purchase to read more