The global market for organic foods and beverages is booming. Market research firm Ecovia Intelligence estimates that worldwide sales reached $89.7 billion in 2016, having nearly quadrupled since 2002. As demand for organic foods and beverages has climbed, manufacturers have responded. Globally, the annual number of organic new product launches has increased 147% since 2010, according to Mintel’s Global New Products Database (GNPD).
Main points covered are:
- Organic standards differ worldwide
- Organic speciality ingredients
- Organic alternative oils