(NewsTarget) As more consumers vote for chemical-free food through their spending, the U.S. organic market is set to grow strongly in the next five years, according to consumer media and market research organization Mintel.
The report states that the increased availability of organic foods in mainstream grocery stores is going to significantly affect which foods consumers purchase, and valued the organic food market at about $3.6 billion in 2006, up $2.1 billion dollars since 2001. The researchers estimate that the market will grow a further 44 percent between 2006 and 2011, as organic food sales through food, drug and mass merchandisers (FDM) have already jumped 38 percent between 2004 and 2006, spurred on by increasing demand for organic fruits, vegetables and prepared foods. The organic meat portion of the market is also set to grow significantly, the report found, as sales increased 140 percent between 2004 and 2006.
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