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Health, Sustainability and New Priorities Drive Organic Food Sales

5 May 2021 by Andres Chehtman and Anissa Wolf, Euromonitor International

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The global economy saw the biggest decline in decades in 2020 as a result of the Coronavirus (COVID-19) pandemic, and despite typically higher prices for organic products, global value sales of organic packaged food value grew by 13% at fixed 2020 exchange rates. In fact, the growth rate for organic packaged food was the highest among all health and wellness categories in 2020. High growth rates for organic were seen not only in developed regions such as North America (16%) and Western Europe (9%), but also in developing regions such as Asia Pacific (12%) and Latin America (8%). There are three main reasons that support organic food growth: a focus on preventative health and food safetysustainability and animal welfare concerns, and changes in market maturity and consumer priorities.

Read the rest of the report here.

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