Research and Markets has announced the addition of Organic Foods and Beverages Assessment Report 2005 to its offering. This report attempts to comprehend and analyze the present trends and opportunities in the organic food sector. Organic foods comprise those vegetables, fruits, grains and other edible agricultural and dairy products that are produced without the use of any harmful pesticides, chemical fertilizers, growth hormones, or genetically improved seeds, or livestock.

The organic food market has grown by 30% in value since the year 1997-98 and again by 32.6% in the year 2001-02. According to Nutrition Business Journal of San Diego, California, U.S. consumer sales of organic food in 2003 were $7.9 billion as compared to the sales in 1997 at $3.7 billion. The market for organic foods and beverages is still growing at a rapid pace and is expected to generate sales of $32.3 billion by 2009, according to a new report from "Packaged Facts." Against the 2 to 3 percent growth in the conventional food industry, the organic industry has been experiencing annual growth between 17 and 22 percent over the past several years.

One of the key factors behind this growth is the increasing consumer awareness of health and environmental issues along with an increasing resistance toward genetically modified food products and GM farming. The aggressive and targeted marketing and promotion by the retail sector is also an important factor. Also, the fact that the country's leading food manufacturers are now diverting their attention to developing organic product lines is also assisting the growing figures.

Source: PRNewswire