As promised in my other note, from Food Ingredients Online.
pax
misha
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Report Advises Catching the Green Wave of Organics
Despite a lack of national standards for the products, the US market
for organically produced foods and beverages is growing faster than
expected according to a new consumer good report from New York-based
Datamonitor. The study, "US Organics 1998" reveals that the organic
foods and beverages market grew more than 26% to $4.5 billion in
1997. Organic foods and drinks represent the third wave in mainstream
health-foods formulation; the 'low and light' sector has flattened
out, and the nascent nutraceuticals area has been stymied by
health-claim restrictions.
Datamonitor consumer goods analyst John Gilmore asserts that some 60%
of total organic food sales come from specialty retailers such as
Whole Foods Market and Wild Oats. However, traditional retail formats
such as supermarkets, convenience stores, mass merchandisers, and
warehouse clubs have all begun to feature an increasing number of
organic products. Supermarket sales of organic foods have grown in
excess of 40% yearly over the last five years, with supermarkets
doubling their share of the overall organic food and beverage market.
According to Datamonitor, much of the growth in the sector is coming
from processed organic foods such as frozen ready meals or organic
baby foods. "This indicates that consumers are ready to incorporate
organic foods as replacements for more traditional food and beverage
items," said Gilmore.
The future of organic foods and beverages will be based heavily upon
the establishment of national standards set by the United States
Department of Agriculture (USDA) which will provide a definition of an
organic product. The current proposed standards have been so hotly
contested by members of the industry that the USDA has revised many
of their original positions, and are ready to offer a new set of
regulations by the end of 1998. If adopted, these standards will help
bring a wide variety of currently-regional organic items into the
national eye.
For more information on the report please contact Tara Rummell at
212-686-7400, X162.
SOURCE: Food Ingredients Online
http://news.foodingredientsonline.com/industry-news/19981104-1865.html
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Michele Gale-Sinex, communications manager
Center for Integrated Ag Systems
UW-Madison College of Ag and Life Sciences
Voice: (608) 262-8018 FAX: (608) 265-3020
http://www.wisc.edu/cias/
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Take a deep breath. Yeah, I know it doesn't make
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allows you to swear in longer strings. --Mister 3D
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