IndexBox noted the market reached $17.6 billion in 2016, up $819 million — or 5 percent — from 2015. This figure reflects total revenue of producers and importers and excludes logistics costs, retail marketing costs and retailers’ margins.
Food use remains the minority share of U.S. organic grain and oilseed demand. But as a market driver, its importance cannot be understated. From a product-side perspective, consumers demand organic cereal and oilseed crops as either animal feed in the form of meat, or as packaged food goods like boxes of cereal, crackers, bread, etc.
A push for speed and convenience continues to shape how retailers operate, but being able to leverage online capabilities against the experiences they can offer customers at brick-and-mortar locations will spell success for retailers.
January is quickly drawing to a close, but that doesn’t mean it’s too late to look at a few trends that are expected to shape consumer behavior this year.
A growing demand for fine flavor and high quality cocoa worldwide will drive growth in the global cocoa market, says a Coherent Market Insights analysis.
The following survey statistics of U.S. and U.K. consumers support the prediction: 4 in 10 increased their consumption of “healthy foods”; 7 in 10 want to know and understand the ingredient list; 1 in 5 in the United States are most influenced by “real” ingredients; and ethical claims on packaging are top of mind.